Search found 73 matches

by Pdub
Wed Sep 02, 2020 11:45 am
Forum: Personal Consumer Issues
Topic: Cardio alternatives to treadmills?
Replies: 107
Views: 7469

Re: Cardio alternatives to treadmills?

Just to clarify it is likely that treadmill itself is not what causes the back problem, but instead the treadmill brings about a manifestation of symptoms of a back problem. The difference between using a treadmill and walking off a treadmill will likely be about how the treadmill locks you into a p...
by Pdub
Sun Aug 09, 2020 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pay off Laura Pitko
Replies: 6
Views: 1487

Re: mortgage pay off Laura Pitko

Got it. Looks like we will just stick with our original plan and carry on!

Thank you all very much
by Pdub
Sun Aug 09, 2020 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pay off Laura Pitko
Replies: 6
Views: 1487

mortgage pay off Laura Pitko

Hi Bogleheads, I recently came across the video and am interested in what others think about her strategy for paying down a mortgage. She starts talking about the actual strategy itself around the 20:00 mark. Prior to that it is a basic primer on mortgage and line of credit finances... https://www.y...
by Pdub
Tue May 28, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Moving to a Continuing Care Retirement Community
Replies: 24
Views: 2019

Re: Moving to a Continuing Care Retirement Community

No financial advise from me, but I will offer what I can. I work in a CCRC and can tell you from first hand experience that one of the major reasons for decline in an individual once they move into either the independent living facility or the assisted living facility is the lack of physical activit...
by Pdub
Mon Mar 11, 2019 8:40 pm
Forum: Personal Consumer Issues
Topic: General contractor warranties
Replies: 1
Views: 301

General contractor warranties

Hi, Does anyone know if a general contractor has to warranty their repair work in the state of Florida? We had some work done about 5 months ago and maybe running into some problems. Upon reinspection of the contract it appears that a written warranty was not a part of it. I know in some states the ...
by Pdub
Sat Mar 09, 2019 2:03 pm
Forum: Personal Investments
Topic: Personal Capital inflates my bond allocation?
Replies: 8
Views: 781

Re: Personal Capital inflates my bond allocation?

I personally believe that they should be simply calculating the numbers in a direct way, not using their judgement to make adjustments and corrections behind the scenes. They are doing exactly what you say they "should" be doing: calculating the actual fixed income allocation. This isn't the same a...
by Pdub
Sat Mar 09, 2019 1:53 pm
Forum: Personal Investments
Topic: Personal Capital inflates my bond allocation?
Replies: 8
Views: 781

Re: Personal Capital inflates my bond allocation?

I personally believe that they should be simply calculating the numbers in a direct way, not using their judgement to make adjustments and corrections behind the scenes. They should be telling you what your allocation is, not what they think your allocation behaves like. Would they take a 20% alloc...
by Pdub
Sat Mar 09, 2019 8:46 am
Forum: Personal Investments
Topic: Personal Capital inflates my bond allocation?
Replies: 8
Views: 781

Personal Capital inflates my bond allocation?

Hi, So I just created a personal capital account to see if it works better than my own sheets set up. Under the bond allocation section, personal capital has my bonds set to about 6% higher than it actually is. I contacted them and they said because my pimco income fund holding (in my 401K) is lever...
by Pdub
Sat May 12, 2018 3:14 pm
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

I have read the setting up portion of the wiki as well, but I am fairly certain that my role in this meeting is strictly concerning investment options and not any of the technical aspects of an actual 401k set up..however I may be wrong and will be prepared for both. My HR director has requested T ...
by Pdub
Sat May 12, 2018 1:22 pm
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

I was a fiduciary for my former employer's 401(k) and went to many such meetings. Everything you need to know is probably in the Bogleheads.org wiki: https://www.bogleheads.org/wiki/How_to_campaign_for_a_better_401(k)_plan https://www.bogleheads.org/wiki/Setting_up_a_401(k)_plan I think the main th...
by Pdub
Sat May 12, 2018 1:02 pm
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

In my opinion, an excellent plan only has to offer 5 things. US large cap stocks, US mid and small cap stocks, International stocks (preferably total but developed markets will do), broad intermediate term bond fund, and something like a stable value fund. We have seen good plans with a handful of ...
by Pdub
Sat May 12, 2018 12:03 pm
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

Offering only total stock makes the plan less flexible for some participants who might prefer to have just 500 index alone or to mix 500 index and mid/small cap half and half (tilt to mid/small). Having 500 and extended (or mid and small) gives everyone a chance for what they want using fewer funds...
by Pdub
Sat May 12, 2018 10:22 am
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

Thanks for responding Watty, Great advice as always. There is a wiki on how to try to get a better 401k plan that might be have some useful points. https://www.bogleheads.org/wiki/How_to_campaign_for_a_better_401(k)_plan Two main things I would try to get; 1) A few good options for a three fund port...
by Pdub
Sat May 12, 2018 7:33 am
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

I think you are headed in the right direction, but your list in item 3 is longer than needed and probably wishful thinking. Most plans do not offer total stock. A good plan with have 500 index and extended market or 500 index and mid and small cap index. Many plans just offer the 500 index and freq...
by Pdub
Sat May 12, 2018 7:14 am
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Re: Need help with 401K set up meeting

Combining 1, 2 and 3 - at least one passive, low cost index fund in each of three areas: A. Total US (or at least the SP500) B. Total Foreign (or at least developed nations) C. US Intermediate Term Bond fund. With those 3 it is possible to build a diversified, low cost portfolio in an asset allocat...
by Pdub
Fri May 11, 2018 10:07 pm
Forum: Personal Investments
Topic: Need help with 401K set up meeting
Replies: 16
Views: 1140

Need help with 401K set up meeting

Hi Bogleheads, As always thank you for your contributions to this great community. I have learned much and continue to do so daily. I have recently been invited to attend a 401K meeting with the director of HR for my company in which they will be discussing the new 401k investment options. I am not ...
by Pdub
Sun Mar 25, 2018 11:44 am
Forum: Personal Investments
Topic: Any Recent investors here?
Replies: 43
Views: 3643

Re: Any Recent investors here?

I also just began taking control of our own funds placing about 33% worth into various taxable and tax deffered accounts in January of this year. We still have about 17% cash and the rest tied up in home and business. We will be retiring in 2021/2022 and will hopefully have 30X expenses at that time...
by Pdub
Fri Mar 23, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: Do you Continue to invest even in down market??
Replies: 54
Views: 7886

Re: Do you Continue to invest even in down market??

I keep investing until I get laid off. +1. Best time to buy is when there is a sale. If investments were a good buy at $68 per share, then a markdown to $64 will be a bargain. I’ll admit no one likes to see the value of their investment decline, but if you have an investment time horizon of 7 years...
by Pdub
Thu Mar 22, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: Do you Continue to invest even in down market??
Replies: 54
Views: 7886

Re: Do you Continue to invest even in down market??

I keep investing until I get laid off. +1. Best time to buy is when there is a sale. If investments were a good buy at $68 per share, then a markdown to $64 will be a bargain. I’ll admit no one likes to see the value of their investment decline, but if you have an investment time horizon of 7 years...
by Pdub
Mon Jan 15, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 212
Views: 23989

Re: Dividends vs. Capital Gains for Spending Needs?

If I have enough stocks/funds that pay dividends, and I can survive on those dividends and other income streams without selling shares..wouldnt that allow me to preserve my capital and maintain a steady source of income? No, not if the price of those shares declines, or merely fails to increase as ...
by Pdub
Mon Jan 15, 2018 6:50 am
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 212
Views: 23989

Re: Dividends vs. Capital Gains for Spending Needs?

Pdub, Welcome to Bogleheads & nice meeting you. This is how I understand your question. If you have a large enough portfolio where you can live off your portfolio (dividends & interest) that's the way to go. If your portfolio isn't quite as large, where you don't have enough to live off dividends &...
by Pdub
Sun Jan 14, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 212
Views: 23989

Re: Dividends vs. Capital Gains for Spending Needs?

Hi, I will be making my way through this giant thread, but am hoping to get one quick question answered. I have searched through multiple other threads and have not seen it or have missed it... Here are some things I understand about dividends... It is not free money. It is paid out to you on the co...
by Pdub
Fri Nov 10, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Re: Please help me understand tax loss harvesting

Yes, and you can make some mistakes too. It is not necessarily the best deal to let short term losses get eaten up by long term gains in the same year, for example. Ok thank you. I will need to see what the differences are and plan accordingly for the future, as I suspect we will not be able to sel...
by Pdub
Fri Nov 10, 2017 10:50 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Re: Please help me understand tax loss harvesting

When it comes to tax loss harvesting...say I have a 6K loss. Does that mean I am able to offset 6K in gains? Or am I able to only absorb 3K of capital tax gains? Remember these are realized gains and losses, meaning you actually sold the assets. There is no limit to the gains that can be offset by ...
by Pdub
Fri Nov 10, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Re: Please help me understand tax loss harvesting

EyeYield wrote: Fri Nov 10, 2017 9:54 am The Bogleheads wiki is your friend. https://www.bogleheads.org/wiki/Tax_loss_harvesting
Thank you,

I was about half way through that link when I decided to ask the community for some additional clarity :wink:
by Pdub
Fri Nov 10, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Re: Please help me understand tax loss harvesting

You might want to look at Sch D to see how things work. ST losses are applied against ST gains and LT losses against LT gains; then the net ST and net LT are combined. If you have a 6K loss and a 6K gain, they offset each other w/ a net of 0. If you have a 6K loss and no gains, you can use 3K of th...
by Pdub
Fri Nov 10, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Re: Please help me understand tax loss harvesting

In addition to articles you can read, it doesn't hurt to get out a pencil and work through some examples of a Schedule D and a Capital Gains and Qualified Dividends worksheet for Form 1040. That way you can see exactly where the various amounts in the process come out. Thank you, I will look up up ...
by Pdub
Fri Nov 10, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Re: Please help me understand tax loss harvesting

Toons wrote: Fri Nov 10, 2017 9:04 am Some Insight :happy
https://www.fidelity.com/viewpoints/per ... harvesting
Thank you,

I had read that one prior to my post and was still confused re: if all my harvested losses could be applied to gains or not. I think I have it figured out with the subsequent posts though.
by Pdub
Fri Nov 10, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Please help me understand tax loss harvesting
Replies: 12
Views: 1549

Please help me understand tax loss harvesting

Hi everyone, I am in the process of moving some funds from one taxable account with my current brokerage to another at vanguard and am trying to make sure I can leverage tax harvesting to liquidate as much as possible and re balance into a simpler portfolio. When it comes to tax loss harvesting...sa...
by Pdub
Thu Oct 26, 2017 10:51 am
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Miriam2 wrote: Wed Oct 25, 2017 10:17 pm
Pdub wrote: Sat Oct 21, 2017 11:26 amI do not know how to break the quotes up into smaller chunks..so sorry for the long post on this one...
Pdub, since you are putting together your portfolio and will likely be visiting the Boglehead forum often ...
Thanks! Of course that makes sense!
by Pdub
Thu Oct 26, 2017 10:49 am
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

I'm not sure where the anger from some of the replies are coming from. Perhaps years of frustration on repeating the same message to a seemingly never ending crowd of lost and manipulated people. Perhaps seeing people make the same mistakes that others have made before. Perhaps a tonal issue that is...
by Pdub
Wed Oct 25, 2017 10:59 am
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

That you for the update on your experience in the meeting. Ok so the meeting went well. The advisors were, as expected very friendly, personable, charming and charismatic. They gave us ice water and fresh baked chocolate chip cookies when we got there (which was great as I had forgotten to eat a sn...
by Pdub
Wed Oct 25, 2017 10:58 am
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

It is possible Vanguard may have changed policies as they emphasize PAS, but I have received a free financial plan from them without being a PAS client. The plan was not what I would call a full plan. Rather, it was a plan of how to invest marketable securities. There was nothing about life insuran...
by Pdub
Wed Oct 25, 2017 10:56 am
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: "The Three-Fund Portfolio"

Taylor Larimore wrote: Tue Oct 24, 2017 10:02 pm Pdub:

Consider The Three-Fund Portfolio and save the cost of advisors.

Best wishes
Taylor
Thank you for the link Taylor. I have been steadily working my way through it.
by Pdub
Wed Oct 25, 2017 10:56 am
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Ok so the meeting went well. The advisors were, as expected very friendly, personable, charming and charismatic. They gave us ice water and fresh baked chocolate chip cookies when we got there (which was great as I had forgotten to eat a snack and I could feel my blood sugar dropping). We discussed...
by Pdub
Tue Oct 24, 2017 9:01 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Ok so the meeting went well. The advisors were, as expected very friendly, personable, charming and charismatic. They gave us ice water and fresh baked chocolate chip cookies when we got there (which was great as I had forgotten to eat a snack and I could feel my blood sugar dropping). We discussed ...
by Pdub
Tue Oct 24, 2017 8:50 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

It is possible Vanguard may have changed policies as they emphasize PAS, but I have received a free financial plan from them without being a PAS client. The plan was not what I would call a full plan. Rather, it was a plan of how to invest marketable securities. There was nothing about life insuran...
by Pdub
Tue Oct 24, 2017 8:49 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

While periodic consultations with a fee-only planner has been suggested, perhaps consider as another alternative something like Vanguard's Personal Advisor Service, a low-cost hybrid robo service. For someone who would prefer to not completely manage their own investments, whether for lack of time,...
by Pdub
Tue Oct 24, 2017 1:54 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

A comment as far as fees is that the term is not defined. It is common that loads, expense ratios, and even a 12b-1 fee in the ER are not called fees and one can say there are no fees even in the presence of those costs. Commissions and trading charges are also not fees. It is even true that costs ...
by Pdub
Mon Oct 23, 2017 7:10 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

And also, I forgot to mention that yes, EJ has put me in guided solutions...what is it about guided solutions that you don't like? Is it the fees only or something else? It's 2 things. (1) the total investment expense drag on your portfolio growth and (2), the ultra-naive belief you have that they ...
by Pdub
Mon Oct 23, 2017 7:06 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

While periodic consultations with a fee-only planner has been suggested, perhaps consider as another alternative something like Vanguard's Personal Advisor Service, a low-cost hybrid robo service. For someone who would prefer to not completely manage their own investments, whether for lack of time,...
by Pdub
Mon Oct 23, 2017 6:18 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

I will call the FAs tomorrow and see if there is a charge for the initial meeting regardless of if we end up signing or not. If there is a charge if we don't sign up, we wont go. If there is no charge then we will still go as I would like to know why everyone I have talked with say there are no fee...
by Pdub
Mon Oct 23, 2017 6:16 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

All great replies, thank you to everyone for taking the time to post and offer their advice. So after some good discussion my wife is much more on board with us doing it ourselves. We will plan to do some more research, come up with a good portfolio and seek out an initial flat fee advisor to guide...
by Pdub
Mon Oct 23, 2017 5:43 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

A comment as far as fees is that the term is not defined. It is common that loads, expense ratios, and even a 12b-1 fee in the ER are not called fees and one can say there are no fees even in the presence of those costs. Commissions and trading charges are also not fees. It is even true that costs ...
by Pdub
Mon Oct 23, 2017 5:40 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Pdub, as others have said, you seem like a very nice person. So after some good discussion my wife is much more on board with us doing it ourselves. We will plan to do some more research, come up with a good portfolio and seek out an initial flat fee advisor to guide us upfront - mostly with paperw...
by Pdub
Mon Oct 23, 2017 5:37 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Pdub, that first meeting is to get to know you, and they are going to ask for some personal information including name, address and phone number. We are not saying don't use an advisor, but we are recommending you don't use this one. https://investingroadmap.wordpress.com/2011/02/22/chapter-10-on-y...
by Pdub
Mon Oct 23, 2017 5:33 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Pdub, the first meetings will indeed be free, but that doesn't mean that they won't eventually cost you dearly. I suspect the Advisors will deflect any conversation about fees until the 3rd meeting. And if you push back at that time, the advisor will pointedly ask, "You do love your wife, don't you...
by Pdub
Mon Oct 23, 2017 5:31 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Pdub, you do indeed sound like a nice fellow. You will soon be raked over the coals by salesman that you absolutely have no skills to counter. You also have no power to right the wrongs they have done to other people. I predict that if you go to the initial meeting you will not post here again as t...
by Pdub
Mon Oct 23, 2017 5:28 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

Pdub, you sound like a nice person. That's too bad, because these sharks are going to eat you alive. The way to not be eaten by sharks is not to swim in their waters. Really, I can't recommend strongly enough that you cancel this meeting. It won't do anyone any good for you to quiz them about fees....
by Pdub
Sun Oct 22, 2017 6:06 pm
Forum: Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 8632

Re: Commission only fiduciary planner

All great replies, thank you to everyone for taking the time to post and offer their advice. So after some good discussion my wife is much more on board with us doing it ourselves. We will plan to do some more research, come up with a good portfolio and seek out an initial flat fee advisor to guide ...