Search found 138 matches

by tarmangani
Wed Jan 15, 2020 11:58 am
Forum: Personal Consumer Issues
Topic: what to do with old engineering text books
Replies: 72
Views: 5079

Re: what to do with old engineering text books

Your library doesn't want your old textbooks. They may take them to be polite but they will just recycle/discard them because very few people bother purchasing textbooks.

<-library director who deals with this all of the time
by tarmangani
Sat Jan 11, 2020 12:49 am
Forum: Personal Investments
Topic: Minimum for investment fee to be worth it.
Replies: 7
Views: 791

Re: Minimum for investment fee to be worth it.

Hi all, Is there a minimum amount of money I should contribute to Vanguard's 403(b) for it to be worth the $5/month fee. I know $60/year isn't much but as a percentage of what I would put in, it is high. I am thinking about $100/month, which makes it $1,200/year. 60 bucks represents 5% of that. Sho...
by tarmangani
Fri Jan 03, 2020 5:07 pm
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

One more reminder that tomorrow @Weaver@10am (see above) will be a very informative presentation on income taxes.
by tarmangani
Tue Dec 31, 2019 10:09 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

Hello friends,

This Saturday, January 4th, @10am please join us at the Weaver Library (41 Grove Ave, East Providence) for a fairly comprehensive presentation on income taxes. 'Tis the season, and all that.

And don't forget your Roths!
by tarmangani
Sun Sep 15, 2019 7:46 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

Good morning folks,

We'll be meeting next Saturday (the 21st) @10am @Weaver in East Providence again. This time we'll have a presentation on the Rule of 72 from someone (mercifully) other than yours truly; refreshments, general conversation, as usual, to be expected.

Hope to see you there~
by tarmangani
Mon Aug 12, 2019 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Received a $17,000 medical bill! Can we negotiate?
Replies: 91
Views: 10632

Re: Received a $17,000 medical bill! Can we negotiate?

The insurance provider doesn't matter, you're missing the point. Private insurance is only marginally better these days and getting worse every year. I didn’t miss the point. You chose not to make the point, instead using Medicare-level reimbursement as an example to try to show how terribly low in...
by tarmangani
Fri Jun 21, 2019 7:57 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

Bump, hope to see some of you folks tomorrow. We're cover some Rogerian rhetoric/argument. Who wouldn't love that? =)
by tarmangani
Wed Jun 12, 2019 9:19 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

Hi folks, I've added a few new people to our mailing list (welcome). I am pasting here the press release for our meeting on the 22nd. I hope you can come. To randtor's point, I agree that discussion should be promoted, especially for a new group where the members don't know each other well. So, the ...
by tarmangani
Wed Apr 24, 2019 11:25 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 104
Views: 5784

Re: How far would you commute?

I always try to post on commuting topics in the hopes that something I say will dissuade the OP from taking on the commute. OP, don't do it to yourself. There's more to life than working for some megacorp that demands you sell your life into a box. A box, by the way, that kills almost 40k people (no...
by tarmangani
Mon Apr 01, 2019 7:37 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

Thanks to all who came last Saturday. We had I thought a nice crowd, and it was great to meet and talk to other Bogleheads. I'll be emailing out my presentation to attendees later this week. As I mentioned, we're looking for volunteers to present. Our next meeting's June 22nd at 10:00 AM, same place...
by tarmangani
Wed Mar 27, 2019 7:14 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

Hi folks, We're having a chapter meeting this Saturday (March 30th) from at 10:00 am at the East Providence Public Library (Weaver location, 41 Grove Ave). There will be a talk about tax-efficient fund placement. Even if this topic does not interest you, please come, as the talk itself only serves a...
by tarmangani
Sun Mar 03, 2019 12:00 pm
Forum: Personal Investments
Topic: Starting over at 28 and need a plan going forward
Replies: 23
Views: 3093

Re: Starting over at 28 and need a plan going forward

You're in pretty great shape. No debt, young, low cost of living, income growth potential in something you seem to enjoy.

Not a very complicated situation, though--max your Roth, try to negotiate for a retirement plan at work, and save as much as you can in a taxable account in index funds.
by tarmangani
Tue Feb 12, 2019 7:23 am
Forum: Personal Consumer Issues
Topic: Vanguard website rejecting passwords, don't panic
Replies: 14
Views: 2231

Re: Vanguard website rejecting passwords, don't panic

I just now logged in fine. Heads up: I and many other users can't log into Vanguard. Who are these other users and how do you know they can't log in? Maybe you got "stuck" in the nightly updates for each account. Occasionally people report that all their accounts are 'empty' during the night runs. ...
by tarmangani
Mon Feb 11, 2019 9:27 pm
Forum: Personal Consumer Issues
Topic: Need help with frequent week-long stays in Boston over next 18 mos
Replies: 68
Views: 3586

Re: Need help with frequent week-long stays in Boston over next 18 mos

I like the idea of Airbnb'ing throughout the city when you have to visit.

You can rent/buy a place on the Commuter Rail, like in Canton/Quincy/Braintree, but I wouldn't exactly call that financially beneficial, especially if you don't really want to manage an Airbnb property.
by tarmangani
Mon Feb 11, 2019 9:15 pm
Forum: Personal Investments
Topic: In the Fidelity Retirement Score as you increase stocks the amount you can spend goes down??? I thought it would go up?
Replies: 5
Views: 586

Re: In the Fidelity Retirement Score as you increase stocks the amount you can spend goes down??? I thought it would go

I'm going to guess that it's factoring in the possibility of a major market meltdown. Suppose you have $10 million at 65 in all cash. Provided you don't have a ridiculous cost of living, you will 100% succeed in retirement. The money won't go anywhere. If you're in the stock market, there's some sli...
by tarmangani
Mon Feb 11, 2019 8:53 pm
Forum: Personal Investments
Topic: Same Index Strategy for 401k and Taxable Account
Replies: 4
Views: 439

Re: Same Index Strategy for 401k and Taxable Account

Two separate issues here. First, how to establish an asset allocation. Sounds like you want to be 100% equities. Only you can settle on that. I'm not wild about that level of aggression, even at 40, but some people do it. Second, you're wondering how to divvy up your assets by accounts. If you're 10...
by tarmangani
Mon Feb 11, 2019 8:42 pm
Forum: Personal Consumer Issues
Topic: Vanguard website rejecting passwords, don't panic
Replies: 14
Views: 2231

Vanguard website rejecting passwords, don't panic

Heads up: I and many other users can't log into Vanguard. Worse, it kept rejecting my username/password, as if everything else was normal, prompting me to think maybe I'd been hacked. Now that I changed the password, needlessly it seems, I still can't login but I'm at least getting 500 errors instea...
by tarmangani
Sat Feb 09, 2019 4:59 pm
Forum: Personal Investments
Topic: I'm worried about my pension
Replies: 15
Views: 2768

Re: I'm worried about my pension

Around here, Central Falls went bankrupt and retirees had their pension benefits slashed by over 50%. i can only imagine in the next recession that this will become more common. As someone far off from retirement, you absolutely must prepare for a worst case scenario. Other people are taking and the...
by tarmangani
Mon Feb 04, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Please critique my plan for early retirement
Replies: 42
Views: 5444

Re: Please critique my plan for early retirement

Let me start by saying I appreciate the financial advice and responses geared towards all others' financial well being that this forum supplies. Regarding this post, I am once again, as I have with some of my own posts, coming away from a post and responses disappointed with the harsh judgement and...
by tarmangani
Sun Feb 03, 2019 12:11 am
Forum: Personal Investments
Topic: We won the game, went to 50/50, but it just doesn't feel right
Replies: 108
Views: 12663

Re: We won the game, went to 50/50, but it just doesn't feel right

Go fly a kite. Fly to San Diego and swim. 3D print a miniature golf course. Given your investing horizon (heirs), it's logical to up your aggression, but, really, the difference between a 50/50 and 60/40 portfolio is pretty negligible. It's not worth losing sleep over. You won the game. The point of...
by tarmangani
Sat Feb 02, 2019 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 10024

Re: Marriage "Benefits"

My wife’s niece is having one of those ridiculous “Destination Weddings” costing us $5000. I offered to give them a $2000 cash gift so we don’t have to go. My wife is horrified in telling here sister that we won’t attend the nieces wedding... There is an undercurrent of family opposition to this “S...
by tarmangani
Fri Feb 01, 2019 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Starting from zero..literally.
Replies: 47
Views: 5898

Re: Starting from zero..literally.

The important question to ask your friend is what life style and behavioral changes are they going to pursue to insure they are never in this position again? This right here. As others have indicated, he's got a firm financial position: solid income, stable job (I assume on both accounts), and no d...
by tarmangani
Fri Feb 01, 2019 12:00 am
Forum: Personal Finance (Not Investing)
Topic: To Sell or Not Sell Rental?
Replies: 10
Views: 888

Re: To Sell or Not Sell Rental?

I'm not sure you could get a higher return in the market but to me this decision isn't only about returns. It's about peace of mind. And since the financial decision is probably pretty close, I'd go with sell. This scenario is anecdotal but try to consider how much it would irritate you. A friend of...
by tarmangani
Thu Jan 31, 2019 11:43 pm
Forum: Investing - Theory, News & General
Topic: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]
Replies: 73
Views: 7813

Re: BND- Vanguard Total Bond trading costs

OP and others who chance upon this thread, I'm going to offer some generalizable advice, to be applied when you're not sure how to analyze something, be it bond funds, climate science, or the effects of lead paint on infant children. In our highly-specialized world such confusion is very common and ...
by tarmangani
Tue Jan 29, 2019 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Any recourse when HR department keeps screwing up?
Replies: 69
Views: 3862

Re: Any recourse when HR department keeps screwing up?

OP I just want to say we went through the same experience when I got married and hopped on my wife's medical (TT faculty at a university). You talk about a nightmare. First, they were supposed to begin coverage September 1st. We had several emails confirming that start date. In fact, my wife had wri...
by tarmangani
Sat Jan 26, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Any fed workers gone through "removal" and legally fought the allegations?
Replies: 12
Views: 2376

Re: Any fed workers gone through "removal" and legally fought the allegations?

Disability discrimination is (obviously) illegal, and if this person genuinely believes that is what's going on, and that the stated reasons can be demonstrated as pretextual, then he should absolutely fight this. Try to find a different lawyer maybe. I don't know feds/DC at all but in MA you can re...
by tarmangani
Mon Jan 21, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: One Fund to Rule Them All
Replies: 52
Views: 5447

Re: One Fund to Rule Them All

I think it's fine. Many others here would too I'd imagine. Taylor outlined some possible issues in this thread: https://www.bogleheads.org/forum/viewtopic.php?t=88005 I have considered simplifying The Three Fund Portfolio to a Two Fund Portfolio (Total World + Total Bond Market). However, keeping To...
by tarmangani
Thu Jan 17, 2019 12:09 am
Forum: Investing - Theory, News & General
Topic: The Worth Of A Man: A Tribute To John C. Bogle
Replies: 45
Views: 6465

Re: The Worth Of A Man: A Tribute To John C. Bogle

Nice title, nice opening line--nice, well, everything. Great piece.
by tarmangani
Tue Jan 15, 2019 8:24 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Providence/RI Metro Group, and Meeting January 14th

Very good turnout last night for siamond's talk. As usual he did a great job. It's always nice to receive an empirically-supported refresher of the basics. As we got over 10 signatures for a chapter, I'm going to contact Mel to get it started. Note that going forward we will likely be meeting on Sat...
by tarmangani
Sun Jan 13, 2019 8:35 pm
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Re: Providence/RI Metro Group, and Meeting January 14th

Bump, in case some folks are interested.
by tarmangani
Thu Jan 10, 2019 7:24 am
Forum: Personal Finance (Not Investing)
Topic: ug - seeking medical billing advice for ambulance ride
Replies: 55
Views: 4968

Re: ug - seeking medical billing advice for ambulance ride

Who called 911 for the ambulance? If it was you then you had your choice at that time. If you were alert enough to get out your phone and call then you probably did not need a 911 response. You did what the prevailing system tends to do and now the ambulance it doing what their system does. Think h...
by tarmangani
Thu Jan 03, 2019 5:14 pm
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7750

Providence/RI Metro Group, and Meeting January 14th

[Thread merged into here, see below. --admin LadyGeek] Hi all, An fyi--we're thinking of starting a Providence/RI Boglehead chapter, provided there's enough interest. Forum legend siamond will be coming to the East Providence Public Library (41 Grove Ave, East Providence ofc) at 7:00 PM on January ...
by tarmangani
Tue Oct 23, 2018 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3756

Re: Kitces link: The Spectrum of Financial Dependence and Independence

See also By Birmingham’s own reckoning, only 17 percent of today’s college faculty are tenured. In 1969, almost 80 percent were tenured or in tenure-track positions. https://www.chronicle.com/article/Don-t-Blame-Tenured/239268 I'm not sure why you're ranting about the state of the academy, complain...
by tarmangani
Tue Oct 23, 2018 6:26 am
Forum: Personal Investments
Topic: Help with rollovers
Replies: 8
Views: 550

Re: Help with rollovers

What they call a Rollover IRA I'm guessing is just an account used to host a rollover of an employer's retirement plan (here a 401k) to an IRA. It is not contrasted with a Traditional IRA. In fact it probably will become a Traditional IRA. For many people (myself included) it is the only feasible wa...
by tarmangani
Mon Oct 22, 2018 11:25 pm
Forum: Personal Investments
Topic: Help with rollovers
Replies: 8
Views: 550

Re: Help with rollovers

In that case, you have no reason to transfer other than simplicity. Whenever I leave a job I roll my old retirement plan to Vanguard where I have a traditional IRA setup to receive it. I can invest in good index funds there and I like consolidation, almost to the point of obsession. IRAs can accept ...
by tarmangani
Mon Oct 22, 2018 11:06 pm
Forum: Personal Investments
Topic: Help with rollovers
Replies: 8
Views: 550

Re: Help with rollovers

You would transfer your old 401k to your new employer's retirement plan. Talk to the employer's HR and they will tell you how to proceed. A rollover just means you move assets over. It's not an independent class of IRAs. Maybe you meant Roth. A traditional IRA is funded by pre-tax contributions. It'...
by tarmangani
Mon Oct 22, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advise: Offer from new job shoulf my wife tell them she is pregnant?
Replies: 34
Views: 2647

Re: Need Advise: Offer from new job shoulf my wife tell them she is pregnant?

Thank you all for your opinions and advise. She is working in the field of science and researcj so no real phyiscal activity beyond standard experiments. We were reading through the benefits and it says anybody is eligible for maternity leave after they have completed 30 days of full time or part t...
by tarmangani
Mon Oct 22, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advise: Offer from new job shoulf my wife tell them she is pregnant?
Replies: 34
Views: 2647

Re: Need Advise: Offer from new job shoulf my wife tell them she is pregnant?

She has rights. The company cannot find some "random excuse" to let her go after discovering her pregnancy. That's a pretextual reason for pregnancy discrimination, and if it happens you should immediately contact your anti-discrimination state agency and file a claim. Anti-discrimination hearing of...
by tarmangani
Sun Oct 21, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5979

Re: 8 reasons why pensions are [good]

You have a fund that isn't receiving enough money to support its spending habit, and it won't ever receive enough money. Does it matter why? We're straying far OT now (sorry), but it does matter very much to me. In any given year out of the last, say, 40(!) years, the size of the shortfall in adequ...
by tarmangani
Sun Oct 21, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5979

Re: 8 reasons why pensions are [good]

Most pensions mimic a loan no one ever intends to pay back. Sure you can pay everyone in perpetuity 80% of their 36-month highest average--that's amazing, what a deal. Well, it works only because you pass the buck. The funding ratios worsen, the unfunded liabilities balloon. Eventually the rents co...
by tarmangani
Sun Oct 21, 2018 11:55 am
Forum: Personal Investments
Topic: Wife Left Job - What Do I do with 403(b), 457(b), and Pension Contributions?
Replies: 6
Views: 854

Re: Wife Left Job - What Do I do with 403(b), 457(b), and Pension Contributions?

I'd roll the pension contributions over to a traditional IRA to avoid paying tax. The only reason you might not roll the 457(b) over is because you want it to stay a 457(b)--i.e. you can take the money out penalty free. Otherwise yes just roll them over to Vanguard. Make sure you do a Direct Trustee...
by tarmangani
Sun Oct 21, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3756

Re: Kitces link: The Spectrum of Financial Dependence and Independence

Level 99: you marry a tenured professor and provided you don't screw it up you basically have a lifetime pension. This is a common misconception. Few universities offer pensions beyond that provided to all state employees anymore, and these pensions aren't usually that attractive. Many university s...
by tarmangani
Sun Oct 21, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5979

Re: 8 reasons why pensions are [good]

They're certainly not [good --admin LadyGeek] in Detroit or Central Falls, RI, where public workers lost significant benefits. They're not [good --admin LadyGeek] in Providence where they risk municipal bankruptcy. They won't be [good --admin LadyGeek] in many, many areas over the next several year...
by tarmangani
Sun Oct 21, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3756

Re: Kitces link: The Spectrum of Financial Dependence and Independence

Level 99: you marry a tenured professor and provided you don't screw it up you basically have a lifetime pension.
by tarmangani
Sun Oct 21, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5979

Re: 8 reasons why pensions are [good]

They're certainly not the [good --admin LadyGeek] in Detroit or Central Falls, RI, where public workers lost significant benefits. They're not [good --admin LadyGeek] in Providence where they risk municipal bankruptcy. They won't be [good --admin LadyGeek] in many, many areas over the next several y...
by tarmangani
Sun Oct 21, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Wife Roth IRA
Replies: 16
Views: 1335

Re: Wife Roth IRA

My income is fairly strong and so as a family we do not quality for a regular IRA. Since she does not have a retirement plan at work, the MAGI limit is $189K to either deduct a Traditional IRA or directly contribute to a Roth IRA. As mentioned above, both of you can contribute via the two-step Back...
by tarmangani
Sat Oct 20, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Roth IRA
Replies: 16
Views: 1335

Re: Wife Roth IRA

Appreciate your reply. Our MAGI is over $189K. So we are only able to do a Backdoor Roth IRA. We actually do a Backdoor Roth IRA for both her and me. The cap is $5500 per person. My question is: is there anything else we can do? $5500 per year is a really, really tiny annual savings plan if you kno...
by tarmangani
Sat Oct 20, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you from a widow
Replies: 24
Views: 5006

Re: Thank you from a widow

This post needs to be sticked for 2 reasons. 1. Th is the REASON we learn about finances. It is NOT about retiring early or buying the big house or putting numbers into the many online calculators and making ourselves feel we are smarter then nearly everyone else. The reason we learn (like anything...
by tarmangani
Sat Oct 20, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 13238

Re: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Only amendment is that it's written by the Physician on Fire. Excellent link/guide, though, thanks.