Search found 593 matches

by galawdawg
Tue May 26, 2020 1:50 pm
Forum: Personal Investments
Topic: Rebalancing - More VTSAX, less VBTLX
Replies: 13
Views: 319

Re: Rebalancing - More VTSAX, less VBTLX

There is nothing wrong with an asset allocation of 90/10 if that is appropriate for you and your ability, willingness and need to take risk. I was 100% VTSAX/VFIAX until just a few years before my early retirement when I moved to 80/20 by adding VBTLX. But I also have a very good pension that meets ...
by galawdawg
Tue May 26, 2020 1:36 pm
Forum: Personal Investments
Topic: Etrade vs Vanguard
Replies: 12
Views: 690

Re: Etrade vs Vanguard

I don't pay a fee for the assistance of our local representative, but I also don't ask him to assist with financial planning, investment decisions and such. He pretty much does the same thing as Flagship representatives did at Vanguard when they were at their best, but he is proactive and much more ...
by galawdawg
Tue May 26, 2020 9:46 am
Forum: Personal Investments
Topic: Etrade vs Vanguard
Replies: 12
Views: 690

Re: Etrade vs Vanguard

As Cheez-It Guy mentioned, Etrade was acquired by Morgan Stanley. Nobody (including my personal account rep) knows what's going to happen there. Our Etrade rep seem to think they will be expanding/integrating banking services (cash management, credit cards, etc) and pushing advisor services first b...
by galawdawg
Tue May 26, 2020 9:33 am
Forum: Personal Investments
Topic: Etrade vs Vanguard
Replies: 12
Views: 690

Re: Etrade vs Vanguard

Here is what my experience has been, the experience of others may vary. 1. Prior to opening the account, I contacted the closest E*TRADE office (Atlanta) to ask a number of questions. I also reached out to Schwab, Fidelity and Merrill Edge. E*TRADE was incredibly responsive, responding to all of my ...
by galawdawg
Tue May 26, 2020 9:00 am
Forum: Personal Investments
Topic: Sell When Down to Avoid Taxes?
Replies: 5
Views: 540

Re: Sell When Down to Avoid Taxes?

Put very simply, if you intentionally "sell when down to avoid taxes", assuming you pay a long term capital gains rate of 20%, to save twenty dollars in taxes you are giving up eighty dollars in gains. I'd rather have higher gains and enjoy the eighty percent I get to keep!
by galawdawg
Tue May 26, 2020 6:25 am
Forum: Personal Investments
Topic: Etrade vs Vanguard
Replies: 12
Views: 690

Re: Etrade vs Vanguard

Hi, New to the forum. What a storehouse of investing knowledge. Thanks all. I have a etrade brokerage account. I will like to invest in Vanguard index funds only from now on. Is it beneficial to purchase them through Vanguard website or continue with Etrade as there are no transaction fees there al...
by galawdawg
Tue May 26, 2020 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Sister died without will in NJ; trying to help nephews
Replies: 7
Views: 1128

Re: Sister died without will in NJ; trying to help nephews

Sorry for your loss. Here's a pretty good checklist of things for a surviving spouse to do when their loved one passes. It is in PDF format. While it is written for a surviving spouse, I think you and your nephews may find it helpful as well: https://www.balancepro.net/education/pdf/survivingspouse....
by galawdawg
Mon May 25, 2020 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Last-minute lien on home found - sign (as seller) anyway?
Replies: 13
Views: 1440

Re: Last-minute lien on home found - sign (as seller) anyway?

Actually if this was a HELOC rather than a home equity loan, it is possible that while the balance may be zero, the HELOC was never actually closed and therefore the recorded mortgage deed would remain. That is because the HELOC is a revolving line of credit so the borrower could pay the balance to ...
by galawdawg
Mon May 25, 2020 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Last-minute lien on home found - sign (as seller) anyway?
Replies: 13
Views: 1440

Re: Last-minute lien on home found - sign (as seller) anyway?

Does the buyer's attorney expect to close tomorrow?? As a seller, you are required to convey good and marketable title. You run the risk that by closing tomorrow they use the proceeds that would otherwise be due to the estate/heirs to pay off the lien with Wells Fargo. The issue needs to be resolved...
by galawdawg
Mon May 25, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Would you pull a trigger on a home purchase or continue renting?
Replies: 45
Views: 2796

Re: Would you pull a trigger on a home purchase or continue renting?

You've done a great job being debt free, living below your means and saving for your goal of purchasing a home! Here are a few recommendations: 1. Assuming you are single or the sole income source in your household, plan on no more than your $150lk being used to qualify you for a mortgage. 2. Follow...
by galawdawg
Mon May 25, 2020 6:52 am
Forum: Investing - Theory, News & General
Topic: Order of investing accounts, what to do when getting to brokerage?
Replies: 10
Views: 686

Re: Order of investing accounts, what to do when getting to brokerage?

Here is the Bogleheads Wiki on tax-efficient fund placement. It should be a good starting point for you to review: https://www.bogleheads.org/wiki/Tax-eff ... _placement
by galawdawg
Mon May 25, 2020 6:28 am
Forum: US Chapters
Topic: MEMORIAL DAY
Replies: 33
Views: 2437

Re: MEMORIAL DAY

Image

Our flag will be at half-staff until 12:00 pm in honor of our nation's battle heroes. So much is owed by so many to so few. We are forever grateful for our freedom, bought and paid for by the blood of those who served. May God Bless America.
by galawdawg
Mon May 25, 2020 5:41 am
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2927

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

My parents do not know that I am buying them a car. This will be a Father's Day surprise gift to the both of them. My parents live very frugally. I only know that they like this car because when we were driving on the freeway, they mentioned it. They did not expect me to buy them a car. This is my ...
by galawdawg
Mon May 25, 2020 5:05 am
Forum: Personal Finance (Not Investing)
Topic: What to do with Mother-In-Law
Replies: 31
Views: 3792

Re: What to do with Mother-In-Law

Thanks for the replies so far. A little additional info. MIL is currently 92 years old, doesn't hear well and doesn't see well. She gets around minimally in her small two-room apartment. Aside from a little BINGO and other entertainment and meals, she pretty much sits and watches TV. DW does have a...
by galawdawg
Sun May 24, 2020 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with Mother-In-Law
Replies: 31
Views: 3792

Re: What to do with Mother-In-Law

Hope you don't mind a few questions that may help with some feedback....How is your mother-in-law cognitively? Does she enjoy a strong social connection and good relationships with the residents and staff at her current assisted living facility? Does she participate in their activities and interact ...
by galawdawg
Sun May 24, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2927

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

they will be 77-78, and I doubt they will be driving At your age, this may seem ancient. However, there are many people in that age group that are still driving and will continue to drive for quite some time. Ask me how I know. :!: Ha! My grandfather was hell on wheels in his 1970 Plymouth Sport Fu...
by galawdawg
Sun May 24, 2020 6:55 pm
Forum: Personal Investments
Topic: When to start investing again?
Replies: 11
Views: 1153

Re: When to start investing again?

Welcome to Bogleheads. Lot's of good advice from folks here. My summary for a basic starting point to put your money back to work for you: 1. To directly respond to your question first, just invest your funds all at once to implement your investment plan. But before you do that, I'd recommend the fo...
by galawdawg
Sun May 24, 2020 6:25 pm
Forum: Personal Investments
Topic: etrade fees on vanguard funds
Replies: 14
Views: 583

Re: etrade fees on vanguard funds

That's interesting. I'm showing: Net Expense Ratio: 0.04% Gross Expense Ratio: 0.04% Management: 0.03% Administrative: - - - 12b-1: - - - In any event, the expense ratio includes management, administrative and 12b-1 fees, so if the ER is the same and there are no additional sales charges or transact...
by galawdawg
Sun May 24, 2020 6:12 pm
Forum: Personal Investments
Topic: etrade fees on vanguard funds
Replies: 14
Views: 583

Re: etrade fees on vanguard funds

mortfree wrote:
Sun May 24, 2020 5:48 pm
I logged into my E*Trade account.

I looked up VTSAX. And just like OP said I saw the net, gross, management, administrative and 12b-1 fees on the fees and expenses tab
What are the percentages you are seeing on each?
by galawdawg
Sun May 24, 2020 5:39 pm
Forum: Personal Investments
Topic: etrade fees on vanguard funds
Replies: 14
Views: 583

Re: etrade fees on vanguard funds

Something looks fishy... in the original post the "Administration" fees are higher than the the Net Expense Ratio for VTSAX and VBTLX. What gives? Typos? I'm not sure where OP is seeing that. Here are the E*TRADE pages for VTSAX and VBTLX. I'm not seeing what OP posted on those fees. https://www.et...
by galawdawg
Sun May 24, 2020 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: New Tires or New Car?
Replies: 53
Views: 2798

Re: New Tires or New Car?

The tires are about 8 years old. Tires age, don't only wear out. Google for tires getting old. I would seriously consider buying a new set, but maybe at a somewhat lower cost if possible. Did I miss the part where OP said the tires were eight years old or original to the vehicle? He has 68,000 mile...
by galawdawg
Sun May 24, 2020 3:35 pm
Forum: Personal Investments
Topic: etrade fees on vanguard funds
Replies: 14
Views: 583

Re: etrade fees on vanguard funds

I'd suggest you contact E*Trade to get to the bottom of it. Evidently, they are adding on fees in addition to the expense ratios. The expense ratio is the annual fee that all funds or exchange-traded funds charge their shareholders. It expresses the percentage of assets deducted each fiscal year fo...
by galawdawg
Sun May 24, 2020 3:14 pm
Forum: Personal Investments
Topic: etrade fees on vanguard funds
Replies: 14
Views: 583

Re: etrade fees on vanguard funds

The expense ratio is what you want to look at. The expense ratio is the percentage of fund assets used to pay for operating expenses and management fees, including 12b-1 fees, administrative fees, and all other asset-based costs incurred by the fund, except brokerage costs. All three of those funds ...
by galawdawg
Sun May 24, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 40
Views: 4218

Re: Customer hasn't paid me not worth cost of lawyer but...

Listen to Cowdogman. A UCC-1 is used to perfect a consensual security interest in personal property. Even if it's not a crime to file an unauthorized UCC-1 in Georgia, it is certainly slander of title. Just keep being persistent. Brings back bad memories of sovereign citizens and their penchant for...
by galawdawg
Sun May 24, 2020 1:39 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2927

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Here's a recent thread from another new resident with similar finances that you may enjoy reading: viewtopic.php?p=5238721#p5238721
by galawdawg
Sun May 24, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2927

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Why not to show up with 38K in cash to dealership, they will take it. Done deal. Probably because OP doesn't have $38k in cash. OP has a net worth of approximately -$300,000 and is starting a new job paying $60k annually. Once he finishes residency in three years, his financial position should impr...
by galawdawg
Sun May 24, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2927

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

I recently just got hired at a hospital as an Internal Medicine PGY1 resident. (annual income is $60,000 - can be viewed on any hospitals' websites) - take-home pay is about $3700/month. rent is only $700 and I do have student loan debts from medical school. ($300,000 but currently on CARES ACT so ...
by galawdawg
Sun May 24, 2020 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Boat to people out of State
Replies: 17
Views: 959

Re: Selling Boat to people out of State

I can't imagine sending someone tens of thousands of dollars to purchase an item advertised online in another state without seeing the item. And if I was selling something that valuable, I would be leery of any buyer who was offering to send payment without personally inspecting what they were purch...
by galawdawg
Sun May 24, 2020 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: New Tires or New Car?
Replies: 53
Views: 2798

Re: New Tires or New Car?

I would just replace them all for $1k. Tires are probably the most important aspect of your vehicle, followed by the driver and then vehicle itself. Question: That price is for a good set of tires. If I don't plan on keeping this car long anyway, does it make sense to get the budget tires instead? ...
by galawdawg
Sun May 24, 2020 12:04 pm
Forum: Personal Investments
Topic: Asset Allocation Dilemma – Contradicting Historical Data
Replies: 18
Views: 1198

Re: Asset Allocation Dilemma – Contradicting Historical Data

I keep seeing the trio..need, willingness and ability to take risk. I understand need....U need more money and so must risk to get more return. How are willingness and ability different? From the Bogleheads Wiki (https://www.bogleheads.org/wiki/Asset_allocation) An investor’s ability to take risk i...
by galawdawg
Sun May 24, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: New Tires or New Car?
Replies: 53
Views: 2798

Re: New Tires or New Car?

You may also want to look at what the new tread depth is for the brand and model of tire that is currently on your vehicle. It appears that you can replace a single tire of an AWD vehicle if the tread depth difference is no more than 3/32" between the existing tires and the new tire. New tires are u...
by galawdawg
Sun May 24, 2020 11:42 am
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2927

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Just a few observations about the price. 1. If you do not already have an emergency fund with three to six months living expenses saved, then it is NOT a good price. 2. If you are not paying CASH, then it is NOT a good price. 3. If you have student loan or credit card debit, then it is NOT a good pr...
by galawdawg
Sun May 24, 2020 11:30 am
Forum: Personal Finance (Not Investing)
Topic: New Tires or New Car?
Replies: 53
Views: 2798

Re: New Tires or New Car?

It's hardly a "new tires or new car" decision. You've got to buy at least one tire anyway. So either buy one of the same brand and model as the other three and have the tread shaved as previously suggested. (https://tires.tirerack.com/tires/Shaving) Or, a quick online search on Discount Tire and Tir...
by galawdawg
Sun May 24, 2020 10:48 am
Forum: Personal Investments
Topic: Asset Allocation Dilemma – Contradicting Historical Data
Replies: 18
Views: 1198

Re: Asset Allocation Dilemma – Contradicting Historical Data

During our accumulation years, we were 100% stock index fund until a few years before my anticipated retirement when we moved to an 80/20 allocation by adding VBTLX. We were aggressive in our allocation while working as I anticipated retiring with a full pension that would meet our spending needs, a...
by galawdawg
Sun May 24, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 40
Views: 4218

Re: Customer hasn't paid me not worth cost of lawyer but...

Anyone have any creative ideas on how I can try to extract payment assuming they are solvent? There is really no way to "extract" payment from a non-paying customer. You can sue them but courts in Georgia are only handling emergency matters until June 15. Once that date has arrived, you would have ...
by galawdawg
Sun May 24, 2020 9:12 am
Forum: Investing - Theory, News & General
Topic: What's your take on the risk that authorities might ban private ownership of gold?
Replies: 9
Views: 963

Re: Feeling very axious after this reading a Bloomberg article: should I sell?

From the article: Crispin Odey, one of Europe’s highest-profile hedge fund managers, said that governments may ban private gold ownership if they lose control of inflation in the wake of the coronavirus crisis. Odey, a long-standing critic of central bank policies who is known for his apocalyptic pr...
by galawdawg
Sun May 24, 2020 5:32 am
Forum: Personal Investments
Topic: Does it make sense to exclude China from portfolio and/or EM
Replies: 18
Views: 1077

Re: Does it make sense to exclude China from portfolio and/or EM

I happen to agree with Jack Bogle's view that there is no need to add an international index fund as a total US market index fund already provides international exposure due to the global footprint of US companies. So I have stuck with VTSAX for the equity portion of my portfolio. And while past ret...
by galawdawg
Sat May 23, 2020 11:58 am
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 2828

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

We had a one fund portfolio during most of our accumulation years...all VTSAX. A few years before retirement, we started rebalancing into a two-fund portfolio (VTSAX and VBTLX) which is where we remain a few years into retirement. We like the two-fund portfolio for a couple of reasons. First, the ov...
by galawdawg
Sat May 23, 2020 10:47 am
Forum: Personal Consumer Issues
Topic: Warning: Virginia State Inspection
Replies: 38
Views: 3703

Re: Warning: Virginia State Inspection

Folks, Be very careful as to where you bring your older car for Virginia State Inspection. If the car mechanic rejects your car inspection and put in all kind of stuff that you need to fix, you have to fix it. You cannot bring your car to some other places and reinspect without fixing the problems....
by galawdawg
Fri May 22, 2020 8:50 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11359

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

David Tepper? He is actually a stock picker. You aren’t doing what he is doing. Tepper’s remarks were probably part of a pump and dump strategy for some of his shorts. The Bogleheads here are sincerely practicing what they preach. Talking up your book IS practicing what you preach. Would it have be...
by galawdawg
Thu May 21, 2020 7:07 pm
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2122

Re: Email for young teen with ability to auto delete nasty spam

You might consider installing an email client that supports POP3 (such as Thunderbird). If you do that, the spam that is caught by Google will never make it to the email client. If you change the Google password and keep it confidential, your daughter will have to use the email client to send and r...
by galawdawg
Thu May 21, 2020 7:01 pm
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2122

Re: Email for young teen with ability to auto delete nasty spam

Have her create a new gmail account and send the new address to her contacts. Change the old gmail account password to one she doesn’t know, and you check her gmail for the next month or so and forward actual emails to her. If the spam stops, she can take the account back again. I don't like the id...
by galawdawg
Thu May 21, 2020 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tax attorney weirdness
Replies: 40
Views: 3201

Re: Tax attorney weirdness

It sounds like you might be looking for an Accredited Tax Advisor. The Accredited Tax Advisor (ATA) is a leading national credential for practitioners who handle sophisticated tax planning issues, including planning for owners of closely held businesses, planning for the highly compensated, choosing...
by galawdawg
Thu May 21, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute
Replies: 36
Views: 1262

Re: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute

If the current appellate attorneys only go in to the office one or two days per week, I am even more convinced that it would be a good idea to hold off on a vehicle purchase and either rent one for a few months or as mnnice suggested, look at assuming the remaining few months on a vehicle lease. The...
by galawdawg
Thu May 21, 2020 6:21 pm
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2122

Re: Email for young teen with ability to auto delete nasty spam

You might consider installing an email client that supports POP3 (such as Thunderbird). If you do that, the spam that is caught by Google will never make it to the email client. If you change the Google password and keep it confidential, your daughter will have to use the email client to send and re...
by galawdawg
Thu May 21, 2020 12:02 pm
Forum: Personal Consumer Issues
Topic: Floor are slanting
Replies: 23
Views: 969

Re: Floor are slanting

If recent placement of furniture caused your floor to sag, you need to get a structural engineer. Furniture is a very minor load and if you are seeing sagging from such a minimal load, you may have a serious problem. Perhaps the prior owner cut into some floor joists in the basement to install plumb...
by galawdawg
Thu May 21, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute
Replies: 36
Views: 1262

Re: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute

It's an appellate attorney position. I think, once I settle in and have delivered a few solid briefs, 3 office days a week as a max will be perfectly fine. That type of position is perfect for working remotely. In fact, I almost always worked on my appellate briefs from home since the typical offic...
by galawdawg
Thu May 21, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Floor are slanting
Replies: 23
Views: 969

Re: Floor are slanting

Is this something that just occurred or was it like this when you purchased the house? Your inspector should have caught the sloping floor issue and recommended follow-up steps. You'll need a structural engineer to review the problem and recommend solutions. Replacing a finished floor will have no a...
by galawdawg
Thu May 21, 2020 10:48 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11359

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

Welcome to Bogleheads. Lot's of good advice from folks here. My summary for a basic starting point to put your money back to work for you: 1. Take a deep breath. You can't undo what you did. But you can learn from your error and move forward. 2. Decide what asset allocation you are comfortable with ...
by galawdawg
Thu May 21, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute
Replies: 36
Views: 1262

Re: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute

When you mentioned "very remote friendly" in your initial post, what came to mind was going in to the office maybe four to six times a month. :happy When I was a DA, starting back in 2007, I gave my staff the option of working from home one day per week or working four ten-hour days per week in the ...