Search found 75 matches

by Notsobad
Wed Sep 30, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is pushing Personal Advisory Services
Replies: 50
Views: 3394

Re: Vanguard is pushing Personal Advisory Services

Got my call today. He suggested I talk with an advisor and consider management to take advantage of tax loss harvesting (which I don’t do) and consider estate implications. I told him I was unsure that the added benefits of an advisor’s intervention might not overcome the fee. I would be willing to ...
by Notsobad
Mon Sep 28, 2020 8:30 pm
Forum: Personal Consumer Issues
Topic: How do YOU find a good doctor these days...
Replies: 73
Views: 4330

Re: How do YOU find a good doctor these days...

It is tough. Where I live there a lot of good doctors, but personality will vary. There are a lot of restricted Network plans where you get less choice anyway. The big hospital systems try to brand themselves and make finding out what doctor is at that location harder to find. Reviews are fraught as...
by Notsobad
Sat Sep 19, 2020 3:56 pm
Forum: Personal Consumer Issues
Topic: Not allowed to do testing/imaging outside hospital network
Replies: 22
Views: 1891

Re: Not allowed to do testing/imaging outside hospital network

This is horrible. I know of physicians who are penalized if referrals go out of the system, but it really the next level of greed to make a policy to stop accepting outside results.

Complain to your health plan. If it costs you more money likely it is costing them more money.
by Notsobad
Fri Sep 11, 2020 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 167
Views: 14388

Re: Paying off sub 4% mortgage interest rate early

Yes, but not aggressively. If we are having a good year and exceeding our savings goals, then we make a couple extra payments a year. It still adds up.
by Notsobad
Thu Sep 10, 2020 5:28 pm
Forum: Personal Investments
Topic: How do your minor children invest?
Replies: 19
Views: 1545

Re: How do your minor children invest?

We use UTMA accounts to invest a one time gift from grandparents. Plus birthday money, etc. we have a choice for individual stocks and my younger bought some Apple ( about 10%) of the portfolio, the rest 80/20. The other had no interest so everything went index. The reason for 20% bond set this age ...
by Notsobad
Sun Sep 06, 2020 7:01 pm
Forum: Personal Investments
Topic: Muni Bonds and Risk (VWIUX)
Replies: 29
Views: 2607

Re: Muni Bonds and Risk (VWIUX)

I still have the majority of my bond holdings in VWIUX. I would not mind diversifying, but not sure that it is worth generating more taxable returns and I don’t want to fill all my Roth space with bonds.
by Notsobad
Thu Sep 03, 2020 11:07 am
Forum: Personal Investments
Topic: It's fascinating to get your kids involved in investing
Replies: 60
Views: 3365

Re: It's fascinating to get your kids involved in investing

I agree with Paul. The best investment strategy is to get beyond the emotions of fear and greed, which is what feeds individual stock picking over indexing. Plus testosterone and hubris. My Teenage kids Accumulated gifts overs the years. (A few thousand) We opened UTMA accounts and put about 90% in ...
by Notsobad
Wed Sep 02, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1654

Re: AA for taxable vs non-taxable

I add up everything together for one asset allocation. 70/30

It is of course much easier to rebalance by adjusting the tax advantages accounts. But it is unnecessary and adds complexity to have separate target allocations for each compartment.
by Notsobad
Wed Sep 02, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer Insurance and Medicare
Replies: 5
Views: 402

Re: Cancer Insurance and Medicare

Cancer policies are generally more like AFLAC in that they reimburse the covered party directly. Or provide general payment in the event of a cancer diagnosis. Medicare, supplemental insurance to cover the 20% copay is pretty comprehensive, but part D is needed for prescription coverage. The Medicar...
by Notsobad
Wed Aug 19, 2020 9:44 pm
Forum: Personal Investments
Topic: How often are you adding to taxable accounts?
Replies: 78
Views: 4927

Re: How often are you adding to taxable accounts?

Once a month, on the first, with an automatic investment.
However, when there is leftovers after expenses, I send some more.
by Notsobad
Sat Aug 15, 2020 4:33 pm
Forum: Personal Investments
Topic: VUL Conversion Advice
Replies: 25
Views: 1315

Re: VUL Conversion Advice

thanks this is useful, as we are in the same situation as the original poster. I have a few years left to avoid a tax penalty on a surrender or withdrawal.
by Notsobad
Sat Aug 15, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Too much cash is making me panic
Replies: 29
Views: 4345

Re: Too much cash is making me panic

1) open a taxable account and choose investments to keep your desired asset allocation. 2) front load the 529 plans. You can deposit up 30K per child in a year. By contributing now, you can let it ride and skip contributions when they are older. All of that depends on how much you are aiming to have...
by Notsobad
Thu Aug 13, 2020 4:09 pm
Forum: Personal Investments
Topic: How do you manage cash flow for investing?
Replies: 26
Views: 2016

Re: How do you manage cash flow for investing?

My income is more variable. So we have a small monthly automatic investment and if there is something left over at the end of the month, we invest. I periodically check the asset allocation to see if We should redirect Subsequent investments.

Your plan is great.
by Notsobad
Mon Jul 20, 2020 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Own 4% of business I used to work at - can I stay on their health/dental insurance?
Replies: 4
Views: 429

Re: Own 4% of business I used to work at - can I stay on their health/dental insurance?

Yes you can do this, but the company (majority of shareholders or CEO) has to agree for you to do this. If you have an expensive illness, you will raise their rates.
by Notsobad
Mon Jul 06, 2020 8:05 pm
Forum: Personal Consumer Issues
Topic: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?
Replies: 153
Views: 7759

Re: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?

I love these luxury item threads. It shows us how different we are and our tastes and priorities. I am with Watty . It doesn’t matter what you like, but if you meet your goals then spend some of the excess how much you enjoy. I use a cheap nylon wallet (big skinny), but I end up spending quite a bit...
by Notsobad
Mon Jun 22, 2020 6:09 pm
Forum: Personal Investments
Topic: Best Comprehensive Investment Software for Investors
Replies: 11
Views: 890

Re: Best Comprehensive Investment Software for Investors

I have not found anything great. I liked the old windows quicken years ago, but now we are Mac only, so our options are limited. I have not been comfortable with having everything stored online (passwords etc) at a central 3rd party like personal capital. I use moneydance, which is reasonable for st...
by Notsobad
Mon May 04, 2020 4:50 pm
Forum: Personal Consumer Issues
Topic: Considering getting an espresso maker - thoughts?
Replies: 52
Views: 3256

Re: Considering getting an espresso maker - thoughts?

We like our Delonghi Magnifico. Not the best at steaming milk, though. Still find three years in.

Thinking about trying pour over, but not sure I am ready to be a purist and weigh my coffee and water and buy the temperature regulated kettle.
by Notsobad
Sat May 02, 2020 8:21 pm
Forum: Personal Investments
Topic: How to get back in ..
Replies: 4
Views: 630

Re: How to get back in ..

Hold your nose and jump. Alternatively put it weekly over a period of your choosing. I used up a lot of my stress in 2009. Now I just take deep breaths to ride it out. 20% equity is quite conservative. Make sure you have a cash cushion. I am a believer is buckets and wound keep a bucket of peace of ...
by Notsobad
Wed Apr 29, 2020 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken For Mac
Replies: 20
Views: 1313

Re: Quicken For Mac

I use moneydance. It is OK. My main purpose is investment tracking. I stopped tracking and classifying expenses years ago. ( though I still keep a rough budget on paper to track monthly and annual spend). I tried banktivity, but found limitations in setting up asset allocation. Too few categories. I...
by Notsobad
Tue Apr 28, 2020 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Physician portal
Replies: 16
Views: 1357

Re: Physician portal

Need to go with a solution that talks to the electronic medical record software and the practice management software, which may be from different vendors.
by Notsobad
Tue Apr 28, 2020 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Physician portal
Replies: 16
Views: 1357

Re: Physician portal

Need to go with a solution that talks to the electronic medical record software and the practice management software, which may be from different vendors.
by Notsobad
Tue Apr 21, 2020 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47127

Re: College in fall

Regarding risk for college students vs. regular urban workers, this article does not compare the two, but shows how interconnected students are.

https://osf.io/6kuet/
by Notsobad
Tue Apr 21, 2020 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47127

Re: College in fall

Regarding risk for college students vs. regular urban workers, this article does not compare the two, but shows how interconnected students are.

https://osf.io/6kuet/
by Notsobad
Mon Mar 30, 2020 3:00 pm
Forum: Personal Consumer Issues
Topic: I think I may Cut the Cord - help me with phone
Replies: 16
Views: 1006

Re: I think I may Cut the Cord - help me with phone

Ooma is reasonable inexpensive option.
by Notsobad
Thu Mar 19, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: For 50-55 Year olds/ What Are you thinking?
Replies: 46
Views: 4790

Re: For 50-55 Year olds/ What Are you thinking?

Probably will work another 10 years. For this reason last year started gliding towards 70/30 from 80/20. The corona slump took us there faster and almost beyond. I plan to stick to this allocation.
by Notsobad
Fri Mar 13, 2020 11:26 pm
Forum: Investing - Theory, News & General
Topic: Is it time to GET OUT?
Replies: 125
Views: 10820

Re: Is it time to GET OUT?

In 2007-2008 I stuck with the plan and now I am thankful that I did.
by Notsobad
Sun Feb 16, 2020 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: How does everyone visualize their finances?
Replies: 48
Views: 3491

Re: How does everyone visualize their finances?

Used to use Quicken but left it years ago as They only had the non-investment versions for Mac. I preferred not to have everything online with an aggregator such as personal capital, so I use Moneydance for Mac. It is OK, but does the job of updating prices, transactions, adding it up and letting me...
by Notsobad
Sun Jan 26, 2020 2:48 pm
Forum: Personal Investments
Topic: How much do I need to retire early?
Replies: 99
Views: 11829

Re: How much do I need to retire early?

Can you hire support staff and train to do some of the work? Less profit, but that means less work for you. Of course, that might not be practical for your business.
by Notsobad
Mon Nov 11, 2019 8:33 pm
Forum: Personal Investments
Topic: Do you batch 529 reimbursement or match costs?
Replies: 14
Views: 1236

Re: Do you batch 529 reimbursement or match costs?

I batch it per semester.
by Notsobad
Tue Oct 22, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 13656

Re: Ok to go without health insurance?

Not sure if it was mentioned above, but I’d like to make two points. There is talk about the protection against blocking people with pre-existing conditions maybe weakened or eliminated . Also, insurance companies have prenegotiated rates. If you went without insurance you would get charged the full...
by Notsobad
Wed Oct 16, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 11973

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I started with iPhone and didn’t want to learn a new system. It works well with other apple devices. My wife and I get a new one every 3-4 years and pass the old one to my kids (or parents)

What it doesn’t do well is overcome by what it does well.
by Notsobad
Sun Sep 29, 2019 9:34 pm
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 3233

Re: Munis in Taxable or Bonds in the 401K?

Agree that it is less desirable to fill up Roth with bonds. Tax exempt bonds in taxable is reasonable if you have already filled up all tax advantaged accounts and are investing additional in taxable accounts. Of course, this is only a major issue if your taxable savings is a sizable portion of your...
by Notsobad
Sat Sep 28, 2019 10:53 pm
Forum: Personal Consumer Issues
Topic: Should I sell my BMW
Replies: 48
Views: 3840

Re: Should I sell my BMW

Find a good independent mechanic. They are usually much cheaper than the dealers. Although not as reliable and more expensive than a Camry, as posters above have noted, you can have a good experience. By 4 cylinder X3 has 110k and 7 years and has done well. Our Honda Pilot needed more expensive main...
by Notsobad
Sat Sep 28, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 141
Views: 16470

Re: Staying the course is so hard (support thread)

Again, although the conversation has moved far beyond what the original poster asked, most decisions in life are nonbinary. I seem too many people working/saving for an all or nothing scenario. Some people really do want to leave it all behind and travel the world, but most seem to want to escape wh...
by Notsobad
Fri Aug 09, 2019 4:10 pm
Forum: Personal Investments
Topic: Is my 529 glide path too aggressive?
Replies: 20
Views: 1904

Re: Is my 529 glide path too aggressive?

That’s what I have and I did eventually move one account to the conservative age-based plan in senior year of high school. But that was only because this was my version of a market timing and not wanting to lose the market gains. Overall the default glidepath for the Moderate and aggressive are stil...
by Notsobad
Fri Aug 09, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: NP degree worth the investment?
Replies: 62
Views: 6018

Re: NP degree worth the investment?

Job satisfaction is a great thing. All the NPs I know like their jobs and the pay is clearly well above most nursing jobs. CRNA pays well, but one has to enjoy that sort of thing. Also, NPs can change from primary care to specialties and from hospital to office based work if they wish. The value of ...
by Notsobad
Sun Aug 04, 2019 4:38 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 2204

Re: Question about Schwab changes

Fortunately, I have not been contacted other than generic emails, which I have completely ignored.

If they did contact me, I would politely decline their services.
by Notsobad
Sun Jul 28, 2019 9:55 am
Forum: Personal Investments
Topic: Colorado 529 - 1 year out
Replies: 8
Views: 696

Re: Colorado 529 - 1 year out

I use a different state , but found the age based investment options offered a glide path to fixed income investments that I was happy with
by Notsobad
Sun Jul 28, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: VOIP - what do you use?
Replies: 55
Views: 4752

Re: VOIP - what do you use?

We use ooma basic since we wanted a home phone line. Works fine. Only a few people call this number.
by Notsobad
Fri Jul 26, 2019 10:47 pm
Forum: Personal Investments
Topic: Perpetual withdrawal rate for non-retirement savings
Replies: 12
Views: 1899

Re: Perpetual withdrawal rate for non-retirement savings

You state that your retirement savings is “coming along,” which assumes that you be meeting your contributions for the future. I too conceptualize my savings as being in different pots or allocations. But it makes more sense to me to front load your long term savings (it compounds!) and maybe take 1...
by Notsobad
Sat Jun 29, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bank closing inactive credit card.
Replies: 15
Views: 1746

Re: Bank closing inactive credit card.

I have an account being closed as well, due to no activity for 5 years. It is annoying since it is my only non joint credit card, which I wanted to have as a backup. My account is locked now, so it is too late for me to use it. My other cards have gradually raised their limits, so I hope to be fine ...
by Notsobad
Sat Jun 29, 2019 4:40 pm
Forum: Personal Consumer Issues
Topic: Going to switzerland this september-advice?
Replies: 30
Views: 2244

Re: Going to switzerland this september-advice?

The half price pass worked out for us and was cheaper than the Swiss rail pass. You have to calculate the total cost based on your planned route. You can find out the prices at Www.sbb.ch This site works much better than rail Europe for routes with any complexity. After we tallied our planned itiner...
by Notsobad
Fri Jun 21, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon/Death Valley in October
Replies: 17
Views: 1369

Re: Grand Canyon/Death Valley in October

Zion, Bryce and Grand Canyon will easily take one week. Stopping in Page Arizona for the slot canyons is a bonus. If you do South rim of GC don’t forget to stop at Horseshoe bend.

Zion and Bryce should have 2 days each, minimally.
So much to see around there - can’t possibly see it all.
by Notsobad
Sun May 19, 2019 11:25 am
Forum: Investing - Theory, News & General
Topic: Factor ETFs For Diversification Or “Diworsification”
Replies: 126
Views: 8342

Re: Factor ETFs For Diversification Or “Diworsification”

And all of the above again explains why most of us are better in the simpler strategy of index funds for stocks and bonds. Otherwise we could become caught in the endless struggle for a “better” portfolio. To either beat market returns or feel more protected from volatility. So we can’t beat the mar...
by Notsobad
Sun May 05, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: College Tours and Open Houses
Replies: 40
Views: 2660

Re: College Tours and Open Houses

Tours are helpful. We looked at various schools up and down the east coast. Many many schools can provide a good education, but I believe that some schools might be a better fit for a particular student. To an extent, the environment and peer group can help a student thrive. But success can be built...
by Notsobad
Sun Apr 28, 2019 4:09 pm
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3643

Re: pay down mortgage vs. invest in taxable?

Take a look at your savings goals and see how you are doing. I would have the first priority for retirement savings (including taxable account investing) then college savings, then paying down the mortgage. This assumes you have no credit card, auto, or educational debt. In your situation, I would p...
by Notsobad
Sun Apr 07, 2019 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Roth income limits in employer plans?
Replies: 8
Views: 506

Re: Roth income limits in employer plans?

No income limit for contributions, but I believe any match must be traditional pre tax contribution to the 401k, at least that is how it was explained to me.
by Notsobad
Sun Jan 27, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Keep Grinding or Make the Leap? (Relocation: age, family, career considerations etc...)
Replies: 27
Views: 2736

Re: Keep Grinding or Make the Leap? (Relocation: age, family, career considerations etc...)

This is more of a personal than financial decision, as one could easily make the case for either choice, and you can still have a secure financial outcome.

Many of us would put more weight on advantages of staying, especially family, but only you two can decide what is of most value to you.
by Notsobad
Sat Jan 26, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: flat fee advisor only for individuals?
Replies: 6
Views: 717

Re: flat fee advisor only for individuals?

Why can’t you just get the flat fee advisor to tell you what to do with the retirement account?