Search found 60 matches

by wlpotts
Sat May 18, 2013 2:51 am
Forum: Personal Consumer Issues
Topic: Airfare keeps going up. Buy now or wait?
Replies: 38
Views: 3753

Re: Airfare keeps going up. Buy now or wait?

I suggest you to BUY, but make your purchase with a global perspective. The US based airlines are, in my opinion, the bottom of the barrel for international travel. I emphatically encourage you to break nationalistic barriers and discover what the other carrier options are out there for you. I've fi...
by wlpotts
Sat May 18, 2013 1:44 am
Forum: Personal Investments
Topic: What were the little things that led you to index investing?
Replies: 60
Views: 5322

Re: What were the little things that led you to index invest

A little of luck, that turned into greed, that ultimately turned towards knowledge. To the OP question, when I received a statement summary that deducted a 4.5% ER from a fund I elected to invest in. :oops: I got lucky in 1981 when I was introduced to Vanguard and investing as a youngster at 21 year...
by wlpotts
Wed Jan 30, 2013 5:27 am
Forum: Personal Consumer Issues
Topic: How Can I Tell If My Dentist is Good One?
Replies: 133
Views: 19742

Re: How Can I Tell If My Dentist is Good One?

High Praises for Jerilynn's responses to this thread! All of the comments/statements that Jerilynn has posted on this topic has been "right on the money"! I too have experinced some of the previously described scenerios. Several of my 'favorite dentists' had sold their practices to others over my li...
by wlpotts
Sat Jun 02, 2012 2:38 am
Forum: Forum Issues and Administration
Topic: Which Boglehead inactive member do you miss the most?
Replies: 111
Views: 13586

Re: Which Boglehead inactive member do you miss the most?

John Norstad and Eric Haas. I haven't viewed any postings from either them since the ol' Morningstar Diehard days. Fortunately, I had bookmarked some of their homepage referenced materials. Norstad: http://www.norstad.org/finance/index.html Haas: http://www.altruistfa.com/readingroom.htm Warren P.
by wlpotts
Sat Jun 02, 2012 2:16 am
Forum: Investing - Theory, News & General
Topic: Encouraging words of the day
Replies: 41
Views: 2788

Re: Encouraging words of the day

Yawn.....a 2% day was totally unremarkable in late 2008. I distinctly remember swings of 5%+, more in certain asset classes. The fact that this is the biggest drop all year says tons. Today, I ate a nice lunch and jumped onto the 'proverbial' ship too! Hopefully, I won't loose either one of my effo...
by wlpotts
Wed Apr 04, 2012 3:35 am
Forum: Personal Finance (Not Investing)
Topic: I need some advice on whether to rent my home to my daughter
Replies: 30
Views: 3122

Re: I need some advice on whether to rent my home to my daug

Any thoughts or help would be appreciated. I'm with the poster Muchtolearn! Don't do it Shane. In my opinion, you need to finacially protect your wife and yourself first and foremost. You both are entering the post-income/retirement phases of your lives. You need to protect yourselves first. In an ...
by wlpotts
Fri Mar 30, 2012 3:15 am
Forum: Personal Consumer Issues
Topic: are polarized sunglasses worth the extra $$?
Replies: 42
Views: 16823

Re: are polarized sunglasses worth the extra $$?

Gotta say ... I'm a triathlete and have gone through countless pairs of sunglasses, from priciest to rock bottom. About half were polarized. The polarized glasses did nothing for me. If anything,.. the non polarized were definitely better for that feature alone for cycling and running for me. I hav...
by wlpotts
Thu Mar 22, 2012 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Time Shares Investment or Black Hole
Replies: 28
Views: 3474

Re: Time Shares Investment or Black Hole

Timeshares are for suckers. Hey, I represent that remark! I bought a one week timeshare in 1994, that cost me only $7k. Its term was for 18 years. The maintenance fees were $67 USD per year at that time, but over the years they have increased incrementally at an amazing rate. Last year the maintena...
by wlpotts
Thu Feb 16, 2012 4:26 am
Forum: Personal Investments
Topic: I choose funds for company 401k
Replies: 24
Views: 1300

Re: I choose funds for company 401k

I am able to choose the funds that go into my company 401k. ... I really wanted to cover the big 4 that are espoused here. I also wanted to add TIPS, SCV and REIT. Here is what I am coming up with. Please let me know if I am making good choices: Intl: Fidelity Spartan International Index Fund (FSII...
by wlpotts
Sun Feb 05, 2012 5:23 am
Forum: Personal Finance (Not Investing)
Topic: How Much Do You Save?
Replies: 57
Views: 5931

Re: How Much Do You Save?

Another silly question in my opinion unless the posters would like to also state their actual gross income. It's one thing to save 50% of income if earning 1 million dollars a year, versus saving 50% of income if earning $30,000 a year. I think I'd be more interested in hearing from those that are ...
by wlpotts
Sun Jan 15, 2012 9:47 pm
Forum: Personal Investments
Topic: Which Fund Should I Choose? Only $1k Initial.
Replies: 21
Views: 1576

Re: Which Fund Should I Choose? Only $1k Initial.

We currently have a 401k with Fidelity with about $18k. It has limited options. Here is how it breaks down: Spartan Total Market (FSTMX ER: .10): 50% ($9k) Diversified International (FDIVX ER: .90) only int available: 20% ($3600) Investment Grade Bond (FBNDX ER: .45) only bond available: 30% ($5400...
by wlpotts
Sat Jan 14, 2012 5:57 am
Forum: Personal Investments
Topic: Switching Vanguard funds within a Roth IRA
Replies: 14
Views: 9698

Re: Switching Vanguard funds within a Roth IRA

i started my vanguard roth with a target date fund at a 90/10 stock to bond split and when i found through reading and research that my ability to handle risk made a split closer to 70/30 more palatable i switched to my current target date fund. there were absolutely no issues, fees, or other probl...
by wlpotts
Tue Jan 10, 2012 4:04 am
Forum: Personal Finance (Not Investing)
Topic: First year HSA question
Replies: 4
Views: 729

Re: First year HSA question

What are you planning to do with the HSA? Invest it or spend it on healthcare. If you're going to spend it, leave it with the employer option. If you're planning to invest it, might as well get started at HSA administrators. It's such a pain to move things around, I'd just start where you want to e...
by wlpotts
Sun Jan 08, 2012 3:03 am
Forum: Investing - Theory, News & General
Topic: Should most people sell stock this year for lower tax rate?
Replies: 40
Views: 3120

Re: Should most people sell stock this year for lower tax ra

Two more wrinkles when planning realization of capital gains over the next few years: the 3.8% surtax on capital gains that will begin in 2013 for those with higher income. you want to talk phaseouts - here's a biggie. The health care reform act will produce a "cliff" marginal rate situation due to...
by wlpotts
Mon Jan 02, 2012 12:47 am
Forum: Personal Consumer Issues
Topic: Death of Kings (Saxon Tales) by Bernard Cornwell
Replies: 5
Views: 1037

Re: Death of Kings (Saxon Tales) by Bernard Cornwell

I second grok87's recommendation and reiterate clevernames' thumbs-up on Bernard Cornwells' Saxon Tales series. Great historical fiction reading combined with an exihilerating experience. I started with his second book in the series "The Pale Horseman' while on a cruiseship. WOW, I was hooked. You c...
by wlpotts
Mon Jan 02, 2012 12:17 am
Forum: Personal Investments
Topic: HSA Payroll Deduction and FICA
Replies: 1
Views: 510

Re: HSA Payroll Deduction and FICA

If your employer allows you to make the maximum HSA contribution at the beginning of the year over 1-2 checks and you lose your HDHP coverage (from a job loss, life event, etc) later in the year, what are the ramifications? Is this considered an excess contribution where the employer would be respo...
by wlpotts
Sun Jan 01, 2012 11:08 pm
Forum: Personal Consumer Issues
Topic: If you had to live somewhere beside USA, where would it be?
Replies: 106
Views: 7604

Re: If you had to live somewhere beside USA, where would it

If you had to live somewhere beside USA... Nitpicking yes, but if the USA suddenly became uninhabitable, economically non-viable, or I was thrown out, I would choose the countries* in the following order; 1. New Zealand, West Coast, North or South Island 2. Switzerland 3. Mexico, Pacific Coast 4. T...
by wlpotts
Sun Jan 01, 2012 9:07 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2012 BOGLEHEAD CONTEST
Replies: 408
Views: 23879

Re: 2012 BOGLEHEAD CONTEST Guesstimate 1313.14

Lots of research on this..... 1313.14

Good luck to all.

Warren P.
by wlpotts
Sat Dec 03, 2011 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Quote, Please Review
Replies: 73
Views: 3485

Re: Long Term Care Insurance Quote, Please Review

Posters that have responded thus far have given superior responses and reasonings. They are, for the most part, right on! That said, something that poster "tc101" stated picqued my interest and motivation to further respond. Each and every one of us are in different real-life situations and realitie...
by wlpotts
Sat Oct 22, 2011 7:38 am
Forum: Personal Investments
Topic: Maxing out $16,500 in 401k question
Replies: 21
Views: 3836

Re: Maxing out $16,500 in 401k question

I would venture to guess .01%. That said, I'm not a mathemetician, a fiduciary, a fund manager or an investment advisor, but I'll bet there is a representative of your 401K that will indicate that there is a higher minimum percentage. This is because they ALWAYS get a piece of your money that you pu...
by wlpotts
Sat Oct 22, 2011 7:16 am
Forum: Personal Consumer Issues
Topic: Steam Room or Sauna?
Replies: 9
Views: 1444

Re: Steam Room or Sauna?

Ahh, another challenging and controversial question to this elite group of successful investors? Being that this question is presented to a demographic which is supposed to be guided by the investing advice inspired by Jack Bogle, I would venture to guess that it would be better to invest in an inde...
by wlpotts
Thu Aug 18, 2011 3:32 am
Forum: Personal Consumer Issues
Topic: Should I buy a second home in Vt?
Replies: 34
Views: 10330

I've owned an income multi-family property in Central Vermont for 20+ years now. I live in California now and have been here for 12 years. Vermont property has worked out well for me financially over the years and it's wonderful to get back there occassionaly and enjoy the intrinsic benefits too. If...
by wlpotts
Thu Aug 18, 2011 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Earthquake Insurance $300/yr, worth it?
Replies: 17
Views: 7106

I would suggest that you also request obtaining additional quotes that would take into consideration; 1. A lower deductable 2. A lesser amount of gross payout 3. An increase in the temporary relocation benefits Ie. Max $ for housing, term of benefit period, immediate access to funds for relocation e...
by wlpotts
Wed Jul 27, 2011 12:41 am
Forum: Personal Finance (Not Investing)
Topic: Strategy to Compensate for HSA With Poor Investment Options
Replies: 25
Views: 3792

I agree on all counts. But don't hold your breath waiting for a large bank to offer "good low cost investment options." :P You don't need to stay with Chase; you can move your HSA to a different custodian just as you do with an IRA.... I'm with Grabiner, It's your money in the HSA. You can have mul...
by wlpotts
Fri Jun 17, 2011 5:57 am
Forum: Personal Consumer Issues
Topic: Ideas for Maine Vacation
Replies: 41
Views: 4507

Gatorman, A couple of quick points for your travels to Maine. - If your traveling during the summer months, there is heavy traffic along coastal routes, so plan to travel accordingly. - Acadia Nat. Park (Bar Harbor) is nice, but crowded and extremely congested during the summer high times. - Since y...
by wlpotts
Wed May 04, 2011 2:19 am
Forum: Personal Investments
Topic: Are Reits considered Stock or Bonds or What
Replies: 25
Views: 10260

Re: stocks

REITS are stocks. Direct Real Estate (such as TIAA real estate annuity) is a hybrid between stock-like and bond-like. Properties with long term leases (say buildings with long term government contracts) are bond like. Properties with short term rentals (hotels etc) are more stock like as they are m...
by wlpotts
Sat Apr 30, 2011 4:07 am
Forum: Personal Consumer Issues
Topic: Tempur-Pedic Mattress, is it worth it?
Replies: 41
Views: 11943

I decided that I wanted to go with the memory foam option, but did not want to invest $1200 bucks+ for the name brand product. I opted for an Overstock.com 11" memory foam mattress that cost $2.00 for delivery and was 1/3rd the price. It's been the best sleep that I've gotten for years. That said, a...
by wlpotts
Fri Apr 08, 2011 12:07 am
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 38164

Re: Average amount saved for retirement by age

I've read a number of articles about the average amount an individual has saved for retirement by age .... ...I'll admit that I've been doing this to find out how much I'm ahead of the pack and to rid myself of any dismay coming from the possibility of not saving enough for an early retirement...! ...
by wlpotts
Fri Mar 18, 2011 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Ethical Question
Replies: 37
Views: 5171

Re: Ethical Question

I had a car hit...the accident caused minimal damage of about $1,000. and then insurance adjuster ... provides another estimate and check directly to me. It is ethical for me to keep the money and not get my car fixed? In my opinion, if you have accepted the monies, the ethical thing to do is to ma...
by wlpotts
Sun Mar 13, 2011 2:43 am
Forum: Personal Finance (Not Investing)
Topic: Of the big four banks, which is the best?
Replies: 36
Views: 6194

I have banked with with BofA for the past 13 years. I opened a saftey Deposit Box in 2004. The bank offered it for free as a benefit for customers with premium balance accounts. I've gone into the box twice othe rthe course of the years since I had opened the box. This past Thursday I decided to che...
by wlpotts
Sun Aug 01, 2010 5:22 am
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE AT BOGLEHEADS 9
Replies: 31
Views: 8724

Jack, As a stalwart of the small investor, what is your opinion on the worlds demographic shift going forward? Since many post-war developed industrialized countries will be undergoing declines in GDP output and aging populations, how will this affect the investor going forward? Should investors re-...
by wlpotts
Sun Mar 14, 2010 4:37 am
Forum: Personal Investments
Topic: Traditional vs Roth vs 401k
Replies: 37
Views: 3816

Concerns: Roth 401K expenses versus Individual Roth Expenses

Just to throw another consideration into the mix, I would suggest that persons determine and understand the possibilty of any additional total expense implications of an employer sponsored Roth 401K versus an individual Roth account. With my company's Roth 401K plan participation, I am subjected to ...
by wlpotts
Thu Oct 01, 2009 4:20 am
Forum: Personal Consumer Issues
Topic: Nantucket/Marthas Vineyeard/Cape Cod
Replies: 11
Views: 2728

It's the best time to visit the Islands! Skip Cape Cod and go to Martha's Vineyard first. You will be able enjoy the real NE island life from the heart without the impediment of the cape's medeocrity. You can reserve your car ferry transit to Martha's Vineyard in advance and be able to to have mobil...
by wlpotts
Sat Mar 21, 2009 2:31 am
Forum: Investing - Theory, News & General
Topic: I Bonds--Uncharted Territory
Replies: 31
Views: 6445

I think I-Bonds are a useless investment because of the small amount that can be purchased in any one year. I recognize you opinion on this investment option because of your personal situation and your user name, but not all of us are in your accumulated wealth bracket or your stage in life. I also...
by wlpotts
Sat Oct 25, 2008 6:13 am
Forum: Personal Consumer Issues
Topic: JACK BOGLE'S NEW BOOK GIVEAWAY
Replies: 163
Views: 32304

I admire Jack

I admire Jack Bogle because he embodies the character trait of genuine personal integrity. In these times there are few people who stand-up for what they believe in, hold their princples true through and through, treat others with dignity, respect and compassion, and selflessly serve the greater goo...
by wlpotts
Sat Sep 20, 2008 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads- San Diego Reunion! Here we come.............
Replies: 7
Views: 1863

WEATHER WARNING for all SAN DIEGO attendees! The weather is predicted to be much colder than normal. The forcast is for temperatures to be 71.5 degrees rather than the normal seasonal temperature of 72 degrees. Distinct possibilty of excessively sunny days and warm breezes. There is a 90% chance of...
by wlpotts
Sat Jul 26, 2008 2:52 am
Forum: Personal Consumer Issues
Topic: Jim Rogers not happy
Replies: 23
Views: 6823

I can't think of any rationale ...having already established his short position, that's why he's complaining so bitterly about the bailout, because now there's no way he can win. Best wishes, Brad Brad, I believe he has already made his money and probably has won too. Could it be that his assertion...
by wlpotts
Thu Jun 12, 2008 3:04 am
Forum: Personal Finance (Not Investing)
Topic: What are you doing to counter gas prices?
Replies: 72
Views: 13423

I bought a scooter!
18 miles each way to work. 90 miles per gallon. Paid it off in in petro saving in 6 months. I have not driven my car 1000 miles over 20 months.

I really hate the fill-ups each week at $4.95. :lol

Woo HOO!

Warren in SD
by wlpotts
Sun Apr 06, 2008 12:59 pm
Forum: Personal Investments
Topic: HELP: Cant refinance HELOC - Use low rate credit cards?
Replies: 18
Views: 3466

WARNING: If you do take the CC'd transfer, the $99 fee and all subsequent interest charges will accumulate at the the default interest rate charged by the card. This can add up over time. Also, be sure you do not have any reoccuring charges or bill payments on the card. They too will be charged at y...
by wlpotts
Sat Jan 12, 2008 3:38 am
Forum: Investing - Theory, News & General
Topic: How did you feel when 15K you contributed into 401K was gone
Replies: 26
Views: 5764

I learned from Diehards years ago to not look at my investment dollar balances. I've found that I enjoy the comfort and confidence in the acqusition of additional shares. ( Of course I'm in the accululation stage and my IPS reflects my risk/return objectives) Change your perspective! 15K is not lost...
by wlpotts
Sat Jan 12, 2008 2:58 am
Forum: Investing - Theory, News & General
Topic: Should I contribute to my HSA?
Replies: 8
Views: 2293

Hello Met, Firstly I do not know your financial state other than what you have indicated, but you should be able to contribute up to a total of $2850.00 if you are single. This means $1500.00 employer + $1350.00 your contribution= maximum 2008 HSA contribution. You should be able to contribute throu...
by wlpotts
Thu Jan 10, 2008 12:41 am
Forum: Investing - Theory, News & General
Topic: Fidelity Says Additional Disclosure Will Confuse
Replies: 25
Views: 5237

Robot,

One way they charge you unknowingly, is that they remove small percentages of your previously purchased fund share amounts.

There are many other ways but this one is easy to track over time. Other plan sponsors fee you in other subtle ways.

Warren P.
by wlpotts
Mon Jan 07, 2008 11:19 pm
Forum: Personal Investments
Topic: 401k Investment Timing
Replies: 11
Views: 3123

FISH Wrote: If the money was payroll-deducted in 2007, it will show as a 2007 contribution, even though the money may not reach your account until 2008. I too have Principal. I called them to confirm the same scenario at the end of the year. It is true that if the contibution was made for 2007 contr...
by wlpotts
Sat Jan 05, 2008 5:03 am
Forum: Investing - Theory, News & General
Topic: Fidelity Says Additional Disclosure Will Confuse
Replies: 25
Views: 5237

nisiprius, I couldn't access your fund options at 401k.com as each company plan has variable expenses that are negotiated by the company and the plan sponsor. They are hidden to use unless we have a plan account passsword and access. I've never bothered to double-check closely, but I believe that a ...
by wlpotts
Fri Jan 04, 2008 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Wedding ceremony fee based reverends
Replies: 22
Views: 4363

Suggestion...

As another poster relayed a variety of scenarios that does happen on wedding days. My suggestion is to research bridal/wedding associations in your area. There numerous resources within these organizations for you to get feedback and referrals on reputable officiates. More often the case of reality ...
by wlpotts
Fri Jan 04, 2008 3:48 am
Forum: Investing - Theory, News & General
Topic: ROI Question
Replies: 5
Views: 1431

My view on this subject is that a comany match is just a contribution that you record as if it was your own personal contribution. If I were just starting out investing and contributed $1000.00 and recieved a 50% match, would my automatic return be 50% in a constant market? No! It is $1500 that has ...
by wlpotts
Thu Jan 03, 2008 3:05 pm
Forum: Personal Investments
Topic: One More HSA Question
Replies: 1
Views: 906

***Copied from a PM for everyone to share.*** I'm not an advisor or CPA, but I believe you can contribute your taxed dollars up to the limit. That limit depends upon whether you are contributing for a family or an individual. Please note that after the employer makes a contribution to your account t...
by wlpotts
Wed Jan 02, 2008 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Long time homeowners, please drop a pearl of wisdom or two
Replies: 60
Views: 15445

Hi Sunny, Be sure to get an additional Umbrella Policy that covers personal liabilty issues! This is not soley a homeownership issue, but it REALLY should be required as a family man that has any assets, especially one with real property. There are people out there that may want your assets. Protect...
by wlpotts
Wed Jan 02, 2008 1:03 am
Forum: Investing - Theory, News & General
Topic: 2008 BOGLEHEAD CONTEST REGISTRATION
Replies: 317
Views: 79708

1499

Warren P.
by wlpotts
Thu Nov 15, 2007 3:25 am
Forum: Investing - Theory, News & General
Topic: why do they make 401k fees so trival and hard to understand?
Replies: 8
Views: 2964

It's apples to oranges to sardines. Here is an example from one of my 401K fund options and the variable realities that are disclosed to our participants. Fund ------------------------------------------ Fund Code ------- Gross ER Russell LifePoints® Growth Strategy R3 Fund --- RALDX --- 1.98% Explai...