Search found 149 matches

by Murgatroyd
Sun Dec 09, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: "The 10 Worst Places To Get Investing Advice"
Replies: 56
Views: 6069

Re: "The 10 Worst Places To Get Investing Advice"

What’s not on here is school. I’m one of those who believe not enough is done in education to prepare the young for life.

BTW, in today’s Chicago Tribune was a full page ad from B of A for 3% down mortgages. Here we go again.......
by Murgatroyd
Fri Dec 07, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Question: Jamie Dimon ( JPMorgan ) on Bonds
Replies: 18
Views: 2182

Re: Question: Jamie Dimon ( JPMorgan ) on Bonds

This is a perfect example of why bonds are so misunderstood. You can’t always be sure what the “experts” mean when they opine about them. Usually it’s about the capital appreciation aspect. But the rest of us look at total returns as well as their importance in balancing the portfolio and generating...
by Murgatroyd
Tue Dec 04, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2876

Re: Can a three fund portfolio beat a fool?

Keeping peace in the family is the #1 objective. Sounds like you dance a bit. The political aspect is probably most dangerous. Were I you, my comment would be you are probably more conservative financially than he is and wouldn’t sleep as well with his approach.
by Murgatroyd
Wed Nov 28, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 44
Views: 2727

Re: Do Fidelity Offices/Advisors Add Value?

None of us can answer for you. Only you know your wife. If you think she is comfortable making adjustments on a 3 fund portfolio then that is a valid approach. But you seem to indicate she may need some sort of support. Is it technical or emotional? Both? I will simply say we have been with Fidelit...
by Murgatroyd
Wed Nov 28, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 44
Views: 2727

Re: Do Fidelity Offices/Advisors Add Value?

None of us can answer for you. Only you know your wife. If you think she is comfortable making adjustments on a 3 fund portfolio then that is a valid approach. But you seem to indicate she may need some sort of support. Is it technical or emotional? Both? I will simply say we have been with Fidelity...
by Murgatroyd
Wed Nov 28, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Trustee of inherited business
Replies: 62
Views: 2664

Re: Trustee of Inherited Business continued

My 2 cents. You are in the drivers seat. Your brother wants the business and you do not. Work with your counselor to value the business and let your brother know that you are open to selling for the best price. Are there key employees who might want to buy in? Some risk but the status quo isn’t work...
by Murgatroyd
Tue Nov 27, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate upon death
Replies: 33
Views: 2029

Re: Real Estate upon death

You may be forced to negotiate the best possible outcome. After FIL passes you will own 1/6 of the ongoing expenses. What are taxes and insurance? Might be best to negotiate a walk away sum and execute a quit claim deed. Probably not worth the expense of lawyers and even then what is the potential p...
by Murgatroyd
Tue Nov 27, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate upon death
Replies: 33
Views: 2029

Re: Real Estate upon death

Tough situation. At the appropriate time, SIL could refuse to sign off on the house sale. If there is a known and defined executor, this should not be an issue. Otherwise expect a drawn out court dilemma lasting years. FIL should continue doing what he wants. Your efforts to interfere are likely to...
by Murgatroyd
Tue Nov 27, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate upon death
Replies: 33
Views: 2029

Re: Real Estate upon death

Tough situation. At the appropriate time, SIL could refuse to sign off on the house sale.
by Murgatroyd
Sun Nov 25, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: 457--iShares S&P500 (.36) or Vanguard Mid Cap (.05)
Replies: 9
Views: 480

Re: 457--iShares S&P500 (.36) or Vanguard Mid Cap (.05)

IShares website shows their S&P 500 core ETF (IVV) with an expense ratio of .04%
https://www.ishares.com/us/products/239726/

Hmmmmm......
by Murgatroyd
Sun Nov 25, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5519

Re: Is good, quality luggage worth the price?

I used to travel A LOT. I always felt expensive luggage was telling potential thieves there is expensive belongings inside this expensive suitcase. So I bought mid priced bags that were not black. Because most bags are black and look the same. So you could lose a bag by accident too. Just the way my...
by Murgatroyd
Fri Nov 23, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Question about retirement. Do I build enough cash/investments to draw money from or build investments that earn me money
Replies: 14
Views: 2140

Re: Question about retirement. Do I build enough cash/investments to draw money from or build investments that earn me m

Great post Nisi. Two potential observations from your chart. 1. An investor in dividends only lags total market due to a lack of smaller stocks? And, 2. The total market outperformance this past year due to market leadership of generally non-dividend paying FAANG stocks? Just hard to argue against t...
by Murgatroyd
Thu Nov 22, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4345

Re: "Investing" conversations at work

I had a junior manager, with whom we had a sort of father/daughter relationship, ask a few times how to handle different financial situations. Other than that, nada.
by Murgatroyd
Thu Nov 22, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Looking for a car that can handle a long commute, any suggestions?
Replies: 74
Views: 5114

Re: Looking for a car that can handle a long commute, any suggestions?

On a long commute something that can be an issue is how quiet the car is. Tires important here too. I learned this from experience. I kept wondering why my head was buzzing every night. It was the new car. Constant droning can take a toll. Even though I’m now retired I will not buy another without d...
by Murgatroyd
Thu Nov 22, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4345

Re: "Investing" conversations at work

This perfectly demonstrates how two people can look at the same facts and arrive at totally different conclusions. And it’s not even political.
by Murgatroyd
Mon Nov 19, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 97
Views: 5450

Re: fuel for snowblower

All I know is after My first year with the snow blower I stored it with some gas in the tank. The next season the dang thing was very difficult to start and really ran rough when it did. After maybe 2 fresh tanks of gas it started and ran beautifully again. Now I will not put plain gas in it. I alwa...
by Murgatroyd
Fri Nov 16, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: iShares ETFs in Fidelity SIMPLE IRA?
Replies: 6
Views: 502

Re: iShares ETFs in Fidelity SIMPLE IRA?

A Fidelity rep I chatted with online stated that I could buy iShares ETFs such as IJR or IJH commission-free in a Fidelity SIMPLE IRA. Can anyone here confirm whether they have done so? YES, and bear in mind Fidelity doesn’t offer every iShares ETF but it is an extensive list. I'd hate to go throug...
by Murgatroyd
Thu Nov 15, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI, dependent, and subsidies questions
Replies: 17
Views: 1103

Re: ACA MAGI, dependent, and subsidies questions

Just completed 2019 ACA application. The 2 person ACA household income limit went from $64,xxx to $69,000! We are in Illinois. Don’t know if it’s different elsewhere.
by Murgatroyd
Wed Nov 14, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Vs. 2019 Rav 4
Replies: 21
Views: 2246

Re: 2019 Subaru Forester Vs. 2019 Rav 4

The Hyundai Santa Fe is a beautiful vehicle. Drove a 2016 recently and was very impressed. And can’t beat their warrantee
by Murgatroyd
Tue Nov 13, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 97
Views: 5450

Re: fuel for snowblower

I have a toro with the same engine. The regular fuel at Costco works fine. And oh boy, the fuel stabilizer is a must.
by Murgatroyd
Mon Nov 12, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Regrets from canceling whole life insurance policy - anyone out there?
Replies: 27
Views: 3028

Re: Regrets from canceling whole life insurance policy - anyone out there?

hand wrote:
Mon Nov 12, 2018 10:22 am
Isn't this a classic example of suviorship bias? The people most likely to be "happy" not cancelling a whole life insurance policy are dead, and therefore unlikely to respond!
I’m happy.... I don’t think I’m dead.....
by Murgatroyd
Mon Nov 12, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Regrets from canceling whole life insurance policy - anyone out there?
Replies: 27
Views: 3028

Re: Regrets from canceling whole life insurance policy - anyone out there?

How long have you had the policies? About 10.5 years. It's my understand that the dividend will cover the annual premium within the next 5 years or so, but I have trouble making sense of the in-force policy. My intent is to not cancel the coverage until we have the appropriate amounts of Term Insur...
by Murgatroyd
Wed Nov 07, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5466

Re: New job concerns

I agree with the posts that you need to also be flexible. I had a similar situation with a long commute for about 8 years. Here’s what I did; when there was extra work I came in even earlier as opposed to staying late. In this way I still had my evenings. When I did that I made sure to answer some e...
by Murgatroyd
Tue Nov 06, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12884

Re: Are we in trouble?

Just wait until you see your utility bills.... We did the opposite move as you. Chicago house about 10% smaller than DFW. I am spending about $4,000 less annually on utilities.
by Murgatroyd
Sun Nov 04, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Get out of Morgan Stanley!
Replies: 22
Views: 2621

Re: Get out of Morgan Stanley!

We had a similar situation with an inheritance at MS and moved to Fidelity. To simplify your taxable future you should ask MS to make the step up basis adjustments. In our case it was done promptly and correctly. In this way, especially if you do your own taxes with Turbo Tax (for example) the downl...
by Murgatroyd
Sat Nov 03, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2412

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

RB digital is an app my library uses. I read the economist and outside. Its included in my tax bill, ie it's "free" Wow, this is excellent. Thanks! Thank you for this tip. I looked at the available “in home access” digital offerings through my local library and its extensive. Off I go for a library...
by Murgatroyd
Fri Nov 02, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Best and reasonably priced moving companies for cross country move
Replies: 17
Views: 994

Re: Best and reasonably priced moving companies for cross country move

Be very careful with things like upack and pods. Check the legality of parking the pod or trailer at both ends of the move. One of our neighbors found out the hard way that is isn’t legal to park a trailer without a truck on a residential street in our city. It was a $250 ticket, and if they hadn’t...
by Murgatroyd
Mon Oct 29, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5516

Re: Timber as an alternative - didn't work so well...

About 30 years ago the controller for the St. Louis based company I worked for shared his timber plan. He bought 40 acres and planted walnut trees. He said it’d be worth $1 million in 40 years. I never thought about it until seeing this. According to this article he was conservative https://www.pro...
by Murgatroyd
Mon Oct 29, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Painting fireplace; what to do with hearth?
Replies: 18
Views: 1191

Re: Painting fireplace; what to do with hearth?

We have an ugly fireplace too. We’ve researched different options. One is the distressed look called “German schmear” where a brick mason artistically apples mortar in various patches. Hard to find someone but we see it in photos a lot. The other we’ve considered is staining. Here’s a link to a loca...
by Murgatroyd
Mon Oct 29, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5516

Re: Timber as an alternative - didn't work so well...

About 30 years ago the controller for the St. Louis based company I worked for shared his timber plan. He bought 40 acres and planted walnut trees. He said it’d be worth $1 million in 40 years. I never thought about it until seeing this. According to this article he was conservative https://www.prof...
by Murgatroyd
Mon Oct 29, 2018 4:53 am
Forum: Investing - Help with Personal Investments
Topic: Help! For a larger size taxable account do I pay an advisor?
Replies: 51
Views: 4098

Re: Help! For a larger size taxable account do I pay an advisor?

Just to follow up, I use Fidelity. Most BlackRock ETFs are free to buy and sell and are VERY similar to Vanguard's. It's easy to create a three fund ETF portfolio. I'm assuming you have a 401k or IRA where you keep your bond allocation. Here are the 3 Blackrock IShares ETF’s you need: ITOT is the t...
by Murgatroyd
Sun Oct 28, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: setting up a cd ladder
Replies: 10
Views: 1530

Re: setting up a cd ladder

A more important question is when you need the money. If it’s short term, say 2 years or less versus not necessarily needing the money will determine your approach. Let’s say you don’t have a need for the $ and this is longer term investing. Then you would probably take 1/4 to a 2 year and the rest ...
by Murgatroyd
Sat Oct 27, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: New to index investing
Replies: 6
Views: 426

Re: New to index investing

You also have the option of iShares ETF’s at Fidelity which will not have capital gains. These are ITOT, IXUS and IUSB... Why will those iShares ETFs never have capital gains, even if broad market doubles in value over next decade? Or do you mean CG DISTRIBUTIONS year by year like many active funds...
by Murgatroyd
Sat Oct 27, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: New to index investing
Replies: 6
Views: 426

Re: New to index investing

You also have the option of iShares ETF’s at Fidelity which will not have capital gains. These are ITOT, IXUS and IUSB. I believe the fees are slightly higher. Either approach is fine.
by Murgatroyd
Sat Oct 27, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Whats with all the FUD here? [market volatility]
Replies: 42
Views: 4308

Re: Whats with all the FUD here? [market volatility]

I actually looked at our account balance yesterday. Then I took a nap.
by Murgatroyd
Fri Oct 26, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 7285

Re: Paul Merriman 2 Funds for Life

I found this interesting. But it brought up a different thought. As is often said, looking back doesn’t always translate to future investment returns. Much is written about a current decline in entrepreneurship, which surely impacts small business IPO’s. If it’s true then heavy allocation to SCV may...
by Murgatroyd
Thu Oct 25, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Investor Center vs Online
Replies: 10
Views: 660

Re: Fidelity Investor Center vs Online

If you elect to go in person make an appointment and you will meet with a professional.
by Murgatroyd
Wed Oct 24, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: How to deal with recruiters when not actively looking for job?
Replies: 21
Views: 2765

Re: How to deal with recruiters when not actively looking for job?

The other thing you should do to develop a recruiter relationship is help them network. Get a full description of the position and either give the recruiter the contact or call them yourself. You can also be discreet by asking the recruiter not to give out your name. I am not sure I follow what you...
by Murgatroyd
Tue Oct 23, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: How to deal with recruiters when not actively looking for job?
Replies: 21
Views: 2765

Re: How to deal with recruiters when not actively looking for job?

The other thing you should do to develop a recruiter relationship is help them network. Get a full description of the position and either give the recruiter the contact or call them yourself. You can also be discreet by asking the recruiter not to give out your name.
by Murgatroyd
Mon Oct 22, 2018 5:08 am
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8721

Re: Quitting w/o notice

Here’s why you should give notice. Because it’s an uneven playing field. While it’s true most companies will not give references and most HR or senior managers will stick to the work dates facts there is another consideration. The potential new company may ask if there’s anything else or it may be o...
by Murgatroyd
Sun Oct 21, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Beer - Strong German Style Lagers
Replies: 56
Views: 4893

Re: Beer - Strong German Style Lagers

I fell in love with Edelstoff when I visited Munich. I do buy the German originals -- Ayinger, Andechs, even Augustiner -- here in the US sometimes. Agree with the other posters here -- most of the best beers are regional so knowing where you are would help. In the Chicago area there are a number o...
by Murgatroyd
Sat Oct 20, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: Freestanding Wine Fridge Reccomendations
Replies: 9
Views: 951

Re: Freestanding Wine Fridge Reccomendations

We have a ULine. Too noisy.
by Murgatroyd
Thu Oct 18, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 17068

Re: Where would you go for financial guidance if you win the Megamillions?

My dream is to give my beloved university enough endowment to have a building in my name.
Doesn’t Murgatroyd Hall sound intellectual?
by Murgatroyd
Thu Oct 18, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8617

Re: When to change tires; and what brand

Spend some time on tire rack.com. Tires perform differently based on the car. You can search tires that fit your car and read consumer reviews for your exact situation. I’ve done this a number of times with great results. There have been times where I really liked a tires performance on one of our c...
by Murgatroyd
Wed Oct 17, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 43
Views: 4090

Re: Corporate politics/culture

OP, you haven’t said the level you are at. You could be toast for reasons given above if you are within a level or two of anyone new. My advice for survival if necessary. In any initial conversation with a new person positivity is critical. You need to appear enthusiastic about your work and have re...
by Murgatroyd
Mon Oct 15, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: "Turn Off The Financial News"
Replies: 13
Views: 1939

Re: "Turn Off The Financial News"

The financial press will give you the same reason for up days versus down days.
by Murgatroyd
Sat Oct 13, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3268

Re: Budget Coffee

Sams has 40 ounce whole bean Caribou medium for I think 17.88. You can grind it there too.
by Murgatroyd
Fri Oct 12, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: If I retire to a State that has no State taxes...
Replies: 46
Views: 7519

Re: If I retire to a State that has no State taxes...

We have moved 7 times across states. (Chasing the corporate dream...) All 7 times I have paid taxes to both states based on actual dollars earned while residing in each.

Minnesota, Maryland, Missouri, Tennessee, Oklahoma, Texas, Illinois.
by Murgatroyd
Thu Oct 11, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2314

Re: Job Opportunity - Via Staffing Agency

Pretty clear both the recruiter and company hold all the cards. What you really need is downside protection, in case of firing - which you probably cannot negotiate. Let’s say at the contracts end the company says no thanks, you have nothing. If you were an employee they’d at least give you a month ...