Search found 2212 matches

by rgs92
Mon Nov 12, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to rent our house?
Replies: 12
Views: 964

Re: Is it worth it to rent our house?

The real estate market in many areas, even so-called good areas, is just plain bad (of course there are local exceptions). It's not uncommon to have a drop of 15% in the last 2 to 10 years. That's sure what I have seen in the great northeast (unless you are in, say, New York City). And many improvem...
by rgs92
Mon Nov 12, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 18
Views: 2133

Re: why so few 50/50 balanced funds?

There is Fidelity freedom index 2015 (FLIFX). I have a chunk of that.
by rgs92
Sat Nov 10, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 76
Views: 5750

Re: Finances in NYC

I usually advise people not to change jobs if they are comfortable in the job they have. But this is different. You are single (without even pets it seems). You are a free agent with no ties holding you back. Living in New York would be a real adventure, quite a trip! And it is a lot more money (and...
by rgs92
Sat Nov 10, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Help. They are removing index funds.
Replies: 56
Views: 3966

Re: 401k Help. They are removing index funds.

Thanks for clarifying that teen_persuasion. That certainly is a significant factor then.
by rgs92
Sat Nov 10, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Help. They are removing index funds.
Replies: 56
Views: 3966

Re: 401k Help. They are removing index funds.

I'm still not so sure about the value of tax deferral. If you buy a regular stock index fund or ETF, the turnover is so small it generates minimal taxes if you don't sell for a very long time, and that's the case for retirement investments. And with bond funds paying (still) low interest, the taxes ...
by rgs92
Sat Nov 10, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 76
Views: 5750

Re: Finances in NYC

If you move to Queens and take the subway in you'll be fine. Queens is a nice, pleasant place to live and a lot cheaper than Manhattan. Here's a nice 1 bedroom in a very good neighborhood (I recommend this area highly; it's Forest Hills, about a 40 minute ride on the subway to Manhattan): https://st...
by rgs92
Sat Nov 10, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Fee based financial planning
Replies: 3
Views: 261

Re: Fee based financial planning

I would just use Firecalc.
by rgs92
Sat Nov 10, 2018 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4734

Re: Doing taxes by hand

It looks like Turbotax basic is $21 on Ebay with free Fed efile.
https://iquickbooktax.com/products/Turb ... gK3ovD_BwE
by rgs92
Fri Nov 09, 2018 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Help. They are removing index funds.
Replies: 56
Views: 3966

Re: 401k Help. They are removing index funds.

Personally I would drop everything and say thank you to the HR person and let it all go. Your wife has a job and a salary. She is a direct employee (and not forced to be a contractor). That is a great privilege these days. She seems to have a measure of job security (it seems here). A secure job sho...
by rgs92
Fri Nov 09, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 44
Views: 4241

Re: Strategy during the last stock market decline

I'm surprised nobody has said yet Don't just do something, Stand There. (JB)
by rgs92
Fri Nov 09, 2018 1:21 am
Forum: Personal Consumer Issues
Topic: How to Encrypt a Text file?
Replies: 53
Views: 3870

Re: How to Encrypt a Text file?

Thanks for the tip on Notepad++!
I was looking for a notepad app that would recognize Regular Expressions.
by rgs92
Wed Nov 07, 2018 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Can't Create SS Account - Security Questions Mismatch
Replies: 13
Views: 1328

Re: Can't Create SS Account - Security Questions Mismatch

Those types of strange questions are used by many institutions (public and private) to verify your identity. The technique is to use your name and social security number and do a search on your history from all sorts of public sources. These are databases that you have to pay to use and not readily ...
by rgs92
Wed Nov 07, 2018 1:32 am
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7366

Re: Never thought of living in Bay Area but just got a call from Tesla

I would not give up a job that I was comfortable and felt secure in (except for a gov't job -- those are precious).
by rgs92
Tue Nov 06, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Time to ditch the financial advisor?
Replies: 17
Views: 2064

Re: Time to ditch the financial advisor?

I have read here that Vanguard Balanced Index isn't good for taxable accounts. But is that really true? 1. Is there that much short term trading to generate that many more short term capital gains? 2. Is there really such a big benefit from tax-free bonds vs. vanilla bond funds? 3. And doesn't it de...
by rgs92
Tue Nov 06, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 36
Views: 4632

Re: E. Jones/Vanguard and now Fisher Investments

Fisher is terrible. They have been sending me fancy glossy paper mail packages for 20+ years. I once spent some time investigating their services and found they have high fees and pretty bad results. They pick stocks (and not too well it seems).
Stick to Vanguard/Fidelity/Schwab/etc.
by rgs92
Tue Nov 06, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: TIAA Mortgage experience? Thanks.
Replies: 0
Views: 132

TIAA Mortgage experience? Thanks.

Any comments about TIAA Mortgage? After reading many reviews, TIAA seems to get very high marks in mortgage lending/servicing. Their rates seem very good too, actually excellent (according to Bankrate). (There are always more rock bottom ones, though, but they are not household names like TIAA. Whet...
by rgs92
Tue Nov 06, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Time to ditch the financial advisor?
Replies: 17
Views: 2064

Re: Time to ditch the financial advisor?

It's always a good time to ditch the financial adviser.
Here's a good 1-step solution: put everything you have in VBIAX (Vang. balanced index Admiral) and leave it there.
It's close enough to your intended asset allocation and will take no further work ever.
by rgs92
Tue Nov 06, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14390

Re: How much money are you leaving your kids after you die?

Don' t forget to leave something to your pets. They can't earn their own way after you're gone.
by rgs92
Sat Nov 03, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Damage caused by roofer, what are my options?
Replies: 12
Views: 1967

Re: Damage caused by roofer, what are my options?

Those BBB ratings are not a reliable place to look. I have had much better luck combing deeply through reviews at yelp/angies list/etc. and reading them at length. That's the only tool to really get a feeling for whether someone has a good track record. And you need to read a lot of them because som...
by rgs92
Sat Nov 03, 2018 12:38 am
Forum: Personal Consumer Issues
Topic: Video Editing Software
Replies: 14
Views: 1037

Re: Video Editing Software

The first thing you should do is copy them to a cloud storage service for safekeeping.
by rgs92
Fri Nov 02, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa payment
Replies: 7
Views: 532

Re: Fidelity Visa payment

I ALWAYS set up auto-pay on every credit card account. I absolutely never ever want to miss a payment. This insures that it will not happen.
by rgs92
Wed Oct 31, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: People with older car, share your unusual repairs
Replies: 84
Views: 5169

Re: People with older car, share your unusual repairs

Mid 2000s Mercedes S-class: "PRE-SAFE" system failed. It was designed to move the seats and safety belts into crash-appropriate positions when a collision was sensed. It failed (became disabled) because of a malfunctioning speed sensor. So the result was that the computer decided to limit the accele...
by rgs92
Mon Oct 29, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604525

Re: U.S. stocks in freefall

Good comment MJW.
by rgs92
Mon Oct 29, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: What would you call this kind of cord?
Replies: 24
Views: 1538

Re: What would you call this kind of cord?

Yep, it is called most commonly an IEC power cord (a 15 amp power cord). It is the most common cord. There is also a 20-amp IEC power cord that has a horizontal ground pin. This is used in some audio components (power conditioners and larger amplifiers). (See Shunyata links below.) Voodoocable.net m...
by rgs92
Sun Oct 28, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 10633

Re: Becoming frugal

Stop vacations. If you live in a nice house, why pay for time away from it? You are paying double when you stay away from home.
by rgs92
Sun Oct 28, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: "The Biggest Stock Scams Of All Time"
Replies: 4
Views: 1485

Re: "The Biggest Stock Scams Of All Time"

Great post as usual Taylor. I remember these.
by rgs92
Sun Oct 28, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Yet Another "Can I Retire Yet" Thread
Replies: 40
Views: 4846

Re: Yet Another "Can I Retire Yet" Thread

Take about a million bucks and buy a fixed annuity that will give you $5000/month. Then just supplement that with withdrawals from the portfolio as needed living a reasonable lifestyle. (Keep the portfolio at 60/40 stocks/bonds.) Then you can quit right away and be fine. Maybe take SS around FRA-tim...
by rgs92
Sun Oct 28, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: To Quit or not to Quit
Replies: 14
Views: 2843

Re: To Quit or not to Quit

I don't know much about accounting, but based on my IT experience, the social environment and relationships with bosses/co-workers and the work culture makes all the difference, and this can be radically different from job to job, even with the same company. The same for the specific work culture. A...
by rgs92
Sun Oct 28, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: To Quit or not to Quit
Replies: 14
Views: 2843

Re: To Quit or not to Quit

I would not change jobs just for money unless it was an extreme difference. Going to a new job is a minefield; you never know what kind of environment, work, or people you will encounter. It's way too much risk. Exception: going from a private sector job to a gov't job; the gov't job security and be...
by rgs92
Sat Oct 27, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Used 2016 Lexus GS 350: 40k miles too much?
Replies: 38
Views: 3294

Re: Used 2016 Lexus GS 350: 40k miles too much?

I mentioned the 2013(to 2017) LS460 because that is the last generation one before the brand new generation that debuted this year (and has received so-so reviews and is a departure from the longtime goodness of the LS flagship). The age of a car of this generation (2013-17) really is irrelevant sin...
by rgs92
Sat Oct 27, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7092

Re: How many miles (total) on car before buying another car ?

I would put the #1 concern (above all the other 3) is the chance of breaking down on the road somewhere inconvenient or dangerous.
by rgs92
Sat Oct 27, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 46
Views: 5540

Re: Vanguard Balanced Index Fund Lovers?

I have about a quarter million in it so I like it a lot. When the market sinks, I like the idea that it is rebalancing every day.
by rgs92
Fri Oct 26, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604525

Re: U.S. stocks in freefall

In my DGRO (Ishares Dividend Growth ETF) position in Fidelity, I noticed that from time I bought it on April 11th 2018, it is 0.7% higher at the close today, Oct. 26th 2018.
I would not call this a freefall. (Share price April 11: $34.03; Oct 26: $34.27.)
And I did not even re-invest the dividends.
by rgs92
Fri Oct 26, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: Used 2016 Lexus GS 350: 40k miles too much?
Replies: 38
Views: 3294

Re: Used 2016 Lexus GS 350: 40k miles too much?

You can get a post-2013 LS460 with those miles for around that price or a bit more if you look around. That's a care in a completely different league.
by rgs92
Fri Oct 26, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9206

Re: Girlfriend's Student Loans

The student loans are a small price to pay for the unmatched job securty, generous pension, and wonderful health and other benefits (that continue after retirement) that a teaching career in the public schools gives you. Be happy you have a wife with such a great career and enthusiastically pay the ...
by rgs92
Thu Oct 25, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9291

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

I thought FireCalc (and similar models) all assume you withdraw periodically exactly in line with your asset allocation at the time of withdrawal (which should be fairly constant anyway from rebalancing).
by rgs92
Thu Oct 25, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 88
Views: 12282

Re: For those waiting for a 'correction' ...

There are always numerous threads started by people with a big lump of money to invest who say they will invest when the market has a pullback. So I wonder if now that this has happened, they went ahead with their plan, and why or why not? I think what usually happens is that, when the market does f...
by rgs92
Thu Oct 25, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Insignia TV Has Black Screen
Replies: 32
Views: 1641

Re: Insignia TV Has Black Screen

All of my Sony LCD TVs (going back to 2007) have performed flawlessly all this time. Personally I would not buy an off-brand LCD TV unless it was a small one for casual use (basically disposable). But since I'm cheap, regular old LCD HDTV is all I need even if new technologies look even better. Sony...
by rgs92
Thu Oct 25, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Investing vs. Index Funds
Replies: 19
Views: 1858

Re: Dividend Investing vs. Index Funds

AT&T was (is) yielding 6%, but yesterday there was a 1-day 8% drop. So there is an example of the dangers on dividend investing. Of course, if you feel it is like an annuity, and the principal is just essentially gone, there may be something rational to this approach, but it takes a strong stomach. ...
by rgs92
Thu Oct 25, 2018 12:16 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604525

Re: U.S. stocks in freefall

The S&P is exactly where it was on April 9th of this year. (2656) Did you feel that your portfolio was doing terribly then?
It was even lower in March, a month earlier. Did that feel like your portfolio was performing horribly?
If not, why feel bad? Just imagine you are back in springtime again.
by rgs92
Wed Oct 24, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604525

Re: U.S. stocks in freefall

Taylor should always get the last word. Thanks Taylor!
by rgs92
Wed Oct 24, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: 32M burned out from active investing
Replies: 28
Views: 3730

Re: 32M burned out from active investing

You should be doing pretty well as a long term holder of Apple and Amazon. What's the problem? I've had Apple for a long time and I have a nice gain. I think you should be happy. If you switch to a 2 or 3-fund portfolio now, you would be plowing those gains into a market about 5-6% below its highs, ...
by rgs92
Wed Oct 24, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12181

Re: 'Smart money' bailing on the market, time to get out?

This does not seem like 2008-9 because this is not because of a giant malfunction in the financial market. It's related to rising interest rates and valuations, which is a healthy thing. It's good to blow off some steam to relieve the pressure. It's a "normal" market downturn. In fact, it's about ti...
by rgs92
Wed Oct 24, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5461

Re: Empty nester downsizing - any advice?

It's not so much the stuff that creates the space, it's more the need for space and a buffer zone for a couple who are suddenly together all day.
It's very personal and depends on your relationship and the kind of personalities you have and your level of tolerance.
by rgs92
Wed Oct 24, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12181

Re: 'Smart money' bailing on the market, time to get out?

Well, I sure hope the folks here who are 100% stocks are right. I'm now around 60/40 (stocks/bonds) myself and keeping the faith. Thanks to those who mentioned that and gave encouragement. Of course, this roughly 5% drop is really mild in historical terms, but this situation of a rising rate environ...
by rgs92
Tue Oct 23, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Benefit of bonds
Replies: 12
Views: 1842

Re: Benefit of bonds

Age 41 is not nearly young enough for a 100% stock portfolio. But I do have to congratulate you for having the courage to invest heavily in stocks in a weak market (of late). There have not been any recent questions suggesting the wisdom of purely-stock portfolio in the recent pullback. So I think y...
by rgs92
Tue Oct 23, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Withdraw 401k for Down Payment
Replies: 20
Views: 1449

Re: Withdraw 401k for Down Payment

How would you feel if you took the money out of your 401K (at 65 cents on the dollar going to you, the remainder in taxes/penalties) and then the house you bought in a toppy real estate market lost value? And houses are doing just that in this rising mortgage rate environment. That sure would hurt I...