Search found 2414 matches

by rgs92
Wed Apr 24, 2019 12:18 pm
Forum: Personal Investments
Topic: Close Vanguard and go all in with Fidelity?
Replies: 55
Views: 2162

Re: Close Vanguard and go all in with Fidelity?

Vanguard has VBIAX (Balanced Index), a great fund at 7 basis points that has no equivalent in Fidelity or anywhere else AFAIK. You can buy it thru Fido, but is has a $75 commission per purchase. Continuous rebalancing at minimal cost is a great thing in my book. And, it's not a glide path like a tar...
by rgs92
Wed Apr 24, 2019 12:10 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 84
Views: 2716

Re: Dump international?

The dollar had a long-term slump. That MAY be over and it certainly is plausible that it has stabilized for quite a while. So that would help international.
by rgs92
Tue Apr 23, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Most Insightful Charts
Replies: 30
Views: 2325

Re: Most Insightful Charts

Excellent chart Taylor. Easy to understand and it kind of says it all about trying to predict the future.
by rgs92
Mon Apr 22, 2019 11:08 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 190
Views: 15192

Re: How much do you spend on food per month, per person?

Fresh fish really messes up the budget. But if you like it, you buy it.
by rgs92
Sat Apr 20, 2019 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: How to get USAA insurance?
Replies: 20
Views: 1852

How to get USAA insurance?

Do you still need a military connection to get USAA insurance? Is there some other way to qualify? I know there is something about having a family member in the service (now or in the past), but how does one show this? Do they contact the relative? Is a name and social security # what they need? Do ...
by rgs92
Sat Apr 20, 2019 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Renters Insurance
Replies: 11
Views: 1479

Re: Renters Insurance

Thanks for the recommendations.
by rgs92
Sat Apr 20, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Renters Insurance
Replies: 11
Views: 1479

Re: Renters Insurance

What is a good company for renters insurance? Thanks.
by rgs92
Sat Apr 20, 2019 12:28 am
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 79
Views: 2928

Re: How far would you commute?

In a large part of the NY suburbs, most people have a 1.5 to 2 hour commute each way into the city, and that is when things go right, which is about half the time. Even people who live and work in the suburbs rarely have a commute less than a half hour. Normal is 45 minutes to an hour each way. For ...
by rgs92
Fri Apr 19, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3081

Re: The reality of borrowing from your 401k for home mortgage

If you feel stable in where you are living and your jobs, I would say go ahead any buy. Owning a house feels good I have to say and I would not like myself to rent long-term regardless of the financial implications. But being stable is the key, because selling a house can be hellish. Just make sure ...
by rgs92
Fri Apr 19, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3081

Re: The reality of borrowing from your 401k for home mortgage

I bought my first house at 23 (townhouse) and then sold it and got a single family 2000sf house at 25, and moved up again a few years later. The appreciation was great (NY suburbs). It was like printing money. But things are way different now, with, houses not appreciating at all for 15+ years in ma...
by rgs92
Fri Apr 19, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: New job offer, pension vs diy retirement
Replies: 17
Views: 1068

Re: New job offer, pension vs diy retirement

The state job is better. It is most probably much, much more secure. Unemployment from a private sector job will likely make a huge dent in your retirement funds.
State/gov't jobs are very hard to get. Don't give it up lightly. In fact, don't give it up at all.
by rgs92
Wed Apr 17, 2019 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 7802

Re: I’m a Loser Stuck in a Dead End Job

You are a winner. You have a steady job and nobody is trying to fire you.
A stable job is a great, honorable, thing to have and you should stand proud and have self-respect every day you earn a day's pay.
Anyone who disrespects you for what you are doing should be ashamed of themselves.
by rgs92
Wed Apr 17, 2019 11:23 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 104
Views: 8147

Re: Luxury car recommendations?

As I see it, the Lexus VSA Platinum warranty for CPO cars covers all the mechanical and electronic components but excludes what are basically wear-items that just normally wear out. The original warranty would not cover things like carpet, cloth, fasteners, and bolts, as these things age just like b...
by rgs92
Wed Apr 17, 2019 9:22 pm
Forum: Personal Consumer Issues
Topic: Priority Express 1-Day might in effect by a 2-Day service?
Replies: 10
Views: 567

Re: Priority Express 1-Day might in effect by a 2-Day service?

I have used UPS next-day-air or next-day-air-saver with fine results every time. Good tracking too. Go online and you will see the expected delivery time (barring rare events like weather or train derailments, but since it's air travel, I guess the latter won't happen; a UPS 3-day had a derailment o...
by rgs92
Wed Apr 17, 2019 9:19 pm
Forum: Personal Investments
Topic: Private Sector Job or Stay with State Job
Replies: 9
Views: 966

Re: Private Sector Job or Stay with State Job

OK, good luck. Yep, if you are confident that your skills are in demand, then it could be a new beginning for you and a nice challenge.
Best to you sir.
by rgs92
Wed Apr 17, 2019 8:52 pm
Forum: Personal Investments
Topic: Private Sector Job or Stay with State Job
Replies: 9
Views: 966

Re: Private Sector Job or Stay with State Job

Stay with the State job. Gov't jobs are pretty much always much better. Private sector jobs are stressful and insecure. Getting a gov't job is precious opportunity that should not be taken for granted. You can usually only get one if you have connections because there is so much competition for them...
by rgs92
Wed Apr 17, 2019 8:09 pm
Forum: Personal Consumer Issues
Topic: Rheem Central Air with leaking coil?
Replies: 9
Views: 574

Re: Rheem Central Air with leaking coil?

My central air always needs to be replaced every 9-10 years (Lennoxes), so I would just get a new system.
All the HVAC companies I use say that's all you can expect out of a system these days, and they seem to be right.
by rgs92
Wed Apr 17, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7822

Re: Job Offer Evaluation - FANG

Stay with the old job. Don't break what's not broken.
You don't know what you've got 'till it's gone.
Changing jobs can be like stepping into a minefield, *especially* in IT. Lots of IT jobs are just impossible to do and can be heck on earth.
by rgs92
Wed Apr 17, 2019 11:08 am
Forum: Investing - Theory, News & General
Topic: Why does the stock market go up in the long term?
Replies: 62
Views: 4455

Re: Why does the stock market go up in the long term?

Stocks track the prices of the things you need to purchase.
So the value of having stocks is not that they go up, it's that $100 worth of, say, food stocks will buy the same amount of food 30 years from now no matter what it costs, higher or lower.
by rgs92
Tue Apr 16, 2019 7:29 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite fixed income for retirement?
Replies: 45
Views: 5336

Re: What is your one favorite fixed income for retirement?

" TIAA Tradtional " was recommended is several posts in this thread. So can anyone invest in this? It looks like a good deal for fixed income. (I thought you had to be a teacher or have some related public sector job to have this. I know anyone can start an account in TIAA bank, but I had no idea yo...
by rgs92
Mon Apr 15, 2019 12:12 am
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 104
Views: 8147

Re: Luxury car recommendations?

2013-2017 pre-owned (preferably CPO) Lexus LS. Lots of them on sale now at bargain prices. Drives/rides like a dream w/Camry reliability. I would get a CPO w/Lexus extended warranty (good for 7 years from the time you buy it and it's a full extension of the new car warranty; best warranty in the bus...
by rgs92
Fri Apr 12, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: Need a new microwave
Replies: 29
Views: 1879

Re: Need a new microwave

My Panasonic (Inverter) has worked perfectly for many years and I would easily buy one again. It heats very evenly.
by rgs92
Wed Apr 10, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Direct deposit social security into Vanguard fund
Replies: 7
Views: 1037

Re: Direct deposit social security into Vanguard fund

You need an account with a routing number and an account number, just like a bank has. I think the cash management accounts at most major financial houses like Vanguard, Fidelity, etc. provide this. Any account there that offers checkwriting privileges will do this, along with savings accounts. But ...
by rgs92
Wed Apr 10, 2019 8:48 pm
Forum: Personal Consumer Issues
Topic: Remote control solution for my parents.
Replies: 38
Views: 2299

Re: Remote control solution for my parents.

Normally the cable-box remote is all that is needed for ultimate simplicity. This remote will have a button to turn the TV on and off and control the volume. (You will need to program this remote to the particular TV in use. This is pretty simple and hard to accidentally undo once it is set, so don'...
by rgs92
Wed Apr 10, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs buy calculator that accounts for 2019 tax changes?
Replies: 5
Views: 418

Re: Rent vs buy calculator that accounts for 2019 tax changes?

Yep, it seems like forever that we've believed that buying was better than renting because of the wonderful tax deductions. (That's from purely financial perspective of course.) But now, that's all changed in the blink of an eye. It's revolutionary if you think about it. Now you are (often) dependin...
by rgs92
Wed Apr 10, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Should you use a real estate agent when buying a house? What are your experiences?
Replies: 72
Views: 3790

Re: Should you use a real estate agent when buying a house? What are your experiences?

Thanks to everyone for all that info so quickly.
So is it true that agents have access to listings that are not in MLS or online anywhere? That's interesting. Is this common?
by rgs92
Wed Apr 10, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Should you use a real estate agent when buying a house? What are your experiences?
Replies: 72
Views: 3790

Should you use a real estate agent when buying a house? What are your experiences?

I'd like to know people's experiences (and advice) concerning whether to enlist a realtor when buying a house vs. just going online and finding a house you like and talking to the listing realtor directly. Thank you kindly for any views on this. Edit: I'm thinking the main difference is whether or n...
by rgs92
Wed Apr 10, 2019 8:22 am
Forum: Personal Investments
Topic: Should I leave Betterment?
Replies: 13
Views: 2251

Re: Should I leave Betterment?

Why pay Betterment .25% each year when you can buy VBIAX (vanguard balanced index) .07% a year for (my opinion) likely better results?
by rgs92
Tue Apr 09, 2019 10:09 pm
Forum: Personal Consumer Issues
Topic: Ceiling fan install (high ceiling)
Replies: 32
Views: 1828

Re: Ceiling fan install (high ceiling)

A good electrician can deal with this. (Just make sure he is insured and bonded.)
Can you just consider leaving it broken as long as there is no electrical hazard?
by rgs92
Tue Apr 09, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Return lost in mail, do I simply refile?
Replies: 29
Views: 2337

Re: Tax Return lost in mail, do I simply refile?

Yep, as noted above, I can't even imagine depending on physical mail for anything important unless I absolutely had no other choice. E-Everything is what I recommend even if you have to pay fees. There is no real good solution to this because you don't know the status and double-filing or non-filing...
by rgs92
Tue Apr 09, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5488

Re: Not much work at new megacorp job

I found that a lot of corporate work is a feast-or-famine thing, with long periods of no-progress followed by unexpected periods of terror and impossible demands. (Kind of like military work.) So I speculate that if you wait around a bit more, some re-org or change in management will cause so much s...
by rgs92
Mon Apr 08, 2019 8:07 pm
Forum: Personal Consumer Issues
Topic: Is there a good website(s) or resources for used car reviews?
Replies: 24
Views: 1471

Re: Is there a good website(s) or resources for used car reviews?

Actually, youtube is good for this. Just look up the car you want and see someone doing a video of it.
by rgs92
Sat Apr 06, 2019 7:51 pm
Forum: Personal Consumer Issues
Topic: Microsoft Wireless Mouse - Scroll Wheel Question
Replies: 5
Views: 479

Re: Microsoft Wireless Mouse - Scroll Wheel Question

I have used Wireless Logitech mice for decades now and I have never had a problem at all. My favorite is the Logitech M705 . https://www.logitech.com/en-us/product/m705 One thing I like about it that it uses regular batteries. I don't like charging-station mouse because: 1. If it runs low on power, ...
by rgs92
Fri Apr 05, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: secondary market annuities
Replies: 12
Views: 2525

Re: secondary market annuities

Bumping this thread. Are secondary market annuities equivalent to secondary market CDs?
Is this something sinister and not worth it?
Thx.
by rgs92
Thu Apr 04, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)
Replies: 54
Views: 3870

Re: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)

Don't ever give up a government job for a private sector one. You may easily have long periods of unemployment, a layoff after age 45 with no prospects for further employment (certainly not as a direct employee, and you will enter the gig economy as a contractor with short term jobs and terrible ben...
by rgs92
Thu Apr 04, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4421

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

Personally, I would move near your wife's White Plains job absolutely. It would take a lot of stress off of her because, even in reverse mode, driving in and out of NYC can be a nightmare. Keeping the stress level low I believe is the number one priority. And it's nice up there, a very pleasant plac...
by rgs92
Thu Apr 04, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16449

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

As actionable advice, I would advise any IT person over 30 to try and find an IT-related (or any white-collar) government job at any reasonable level of pay if they intend to work for a long time into middle age. And in your 30s, you are highly in demand, so that's the best time to do it. And the wo...
by rgs92
Thu Apr 04, 2019 11:14 am
Forum: Personal Investments
Topic: Clean up of 100+ stocks in taxable
Replies: 32
Views: 2632

Re: Clean up of 100+ stocks in taxable

Why not just make it simple and sell off all the stocks? It sounds like there are gains and losses, short and long term, so there won't be a huge tax bite. Then just go to a 2-or-3 fund portfolio and let it ride. (And #3 in your list is market timing; and the worst kind because it's with individual ...
by rgs92
Tue Apr 02, 2019 6:37 pm
Forum: Investing - Theory, News & General
Topic: Are annuities the best way to fund one's retirement?
Replies: 190
Views: 10178

Re: Are annuities the best way to fund one's retirement?

I see a retirement funding foundation as a 3-legged stool: 1. Stocks (for growth). 2. Bonds (for stability, or "ballast" as Mr. Bogle described it). 3. Income from a mix of private lifetime annuities (SPIAs) and social security (and pensions if you are so fortunate). I like the idea of choosing an a...
by rgs92
Tue Apr 02, 2019 5:56 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 118
Views: 4601

Re: Scam alert - USPS new feature playing a role

But any credit card fraud is not really much of a problem for you. You would get the bill or be informed by mail or phone and then you just protest it and that's the end of it. I assume that's what happens. It's not like someone taking money from your bank account.
by rgs92
Tue Apr 02, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16449

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

I would change 50s to 40s in the title, especially in I.T. If you need to find such a job in your 40s, well, best of luck. In many companies, they lay off by cutting entire groups of people at once based on their statistics/demographics, not on a case-by-case basis based on performance, skills, meri...
by rgs92
Mon Apr 01, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Home refinancing question (recent first time homeowner)
Replies: 9
Views: 461

Re: Home refinancing question (recent first time homeowner)

Watch out for closing costs. The biggest one is Title Insurance which can be well over $1000.
by rgs92
Sun Mar 31, 2019 7:45 pm
Forum: Personal Investments
Topic: Mom retired with not quite enough savings, questions about annuity
Replies: 44
Views: 5360

Re: Mom retired with not quite enough savings, questions about annuity

She might be eligible for gov't cash benefits or subsidized (public?) housing at that income level, which is close to poverty level.
I would talk to local social service agencies.
Or maybe she could move to an area with more generous gov't benefits. West coast cities (or NYC) have this sort of thing.
by rgs92
Sat Mar 30, 2019 11:41 pm
Forum: Personal Investments
Topic: Age in Bonds?
Replies: 38
Views: 3794

Re: Age in Bonds?

I prefer 60/40 forever. Vanguard Balanced Index is good for this IMHO. It's the ultimate simplicity.
by rgs92
Sat Mar 30, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Q to ppl who use spreadsheet for personal finance
Replies: 64
Views: 5118

Re: Q to ppl who use spreadsheet for personal finance

Good thread. But I find that having all sorts of expense categories listed makes things too complicated for me to see where I stand each month. I do this in a spreadsheet each month: Expenses for the month. A. credit card bills A1: credit card 1 statement balance A2: credit card 2 statement balance ...
by rgs92
Sat Mar 30, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: Any Insurance Products better than the Stock Market?
Replies: 22
Views: 1751

Re: Any Insurance Products better than the Stock Market?

Maybe an SPIA, but that's mainly for income but could be considered part of your fixed income allocation.