Search found 3162 matches

by RickBoglehead
Thu May 23, 2019 12:12 pm
Forum: Personal Investments
Topic: Investment Plan Senior Citizen
Replies: 4
Views: 298

Re: Investment Plan Senior Citizen

A CD ladder at Vanguard would be a good idea, with say 6 months of expenses in Vanguard Prime Money Market, or Vanguard Treasury Money Market if you need to avoid state taxes. Ally Savings pays less, 2.2%, but is also very good.
by RickBoglehead
Thu May 23, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: What would you do - Large Commission (Bonus)
Replies: 23
Views: 1877

Re: What would you do - Large Commission (Bonus)

Now we go to my big dilemma: do I invest this money or pay off the mortgage. I pay yearly interest ~$12k for mortgage, investing $200k @7% would return ~$14k plus compound. It seems more people are suggesting to pay down the mortgage. I have no further input into your dilemma, which I see not as a ...
by RickBoglehead
Thu May 23, 2019 9:14 am
Forum: Personal Investments
Topic: Vanguard "advisors" vs. "Self-managed" accts
Replies: 7
Views: 513

Re: Vanguard "advisors" vs. "Self-managed" accts

Vanguard advertises various things in that box. Mine advertises Vanguard Global ESG Select Stock Fund.

I don't recall Self-managed being anything else, sorry.
by RickBoglehead
Wed May 22, 2019 9:20 pm
Forum: Personal Investments
Topic: vusxx buy at end of month
Replies: 7
Views: 509

Re: vusxx buy at end of month

alex_686 wrote:
Wed May 22, 2019 9:18 pm
It is called “buying the dividend”, and brokers have been fined and fired for suggesting this.

The stock or fund drops by the amount of the dividend, so it is a wash. The exploits around this are razor thin. This is a highly efficient part of the market.
Not with a money market...
by RickBoglehead
Wed May 22, 2019 9:17 pm
Forum: Personal Investments
Topic: vusxx buy at end of month
Replies: 7
Views: 509

Re: vusxx buy at end of month

immisaki wrote:
Wed May 22, 2019 9:07 pm
if vusxx is always a dollar and pays dividend at the end of the month, does it make sense to always buy vusxx towards the end of the month ?
Why?

The dividend is computed daily, paid monthly.
by RickBoglehead
Wed May 22, 2019 1:29 pm
Forum: Personal Consumer Issues
Topic: PC Hardware Help - KVM Switch
Replies: 29
Views: 898

Re: PC Hardware Help - KVM Switch

Keep in mind that while your laptop may have ports for two external monitors, you will end up with 2, not three monitors. One monitor duplicates what is on the laptop's screen, one monitor EXTENDS the screen, which is what gives you 2 different screens.
by RickBoglehead
Wed May 22, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 60
Views: 2761

Re: Payable On Death Account as Will Substitute

I'm always curious when I read this sort of thing. Unless someone is writing his/her own will, how on earth does a competent attorney not get the client to then and there log into brokerage and bank accounts and update PODs/TODs? And if the client can't or doesn't want to, shouldn't there be a few ...
by RickBoglehead
Wed May 22, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: What would you do - Large Commission (Bonus)
Replies: 23
Views: 1877

Re: What would you do - Large Commission (Bonus)

Note: $19k for 401k and $6k for Roth. Great observation above about a Roth for your wife. Initially I was going to say 100k or so to the mortgage but you live in CA. From what I have read on here I believe that is a non-recourse (?) state so that is something to consider before putting more money t...
by RickBoglehead
Wed May 22, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: What would you do - Large Commission (Bonus)
Replies: 23
Views: 1877

Re: What would you do - Large Commission (Bonus)

Note: $19k for 401k and $6k for Roth. Great observation above about a Roth for your wife. Initially I was going to say 100k or so to the mortgage but you live in CA. From what I have read on here I believe that is a non-recourse (?) state so that is something to consider before putting more money t...
by RickBoglehead
Wed May 22, 2019 6:32 am
Forum: Personal Investments
Topic: Frozen by uncertainty, really want to unfreeze
Replies: 34
Views: 3105

Re: Frozen by uncertainty, really want to unfreeze

I'd suggest the OP spend some time reviewing info in the Wiki. Reading the Boglehead's Guide to Investing would be a good first step. The old 401k investment with guidance from someone could be way off. You can sell a 401k investment, and roll it to an IRA or a current 401k, with no tax ramification...
by RickBoglehead
Wed May 22, 2019 5:32 am
Forum: Personal Finance (Not Investing)
Topic: What would you do - Large Commission (Bonus)
Replies: 23
Views: 1877

Re: What would you do - Large Commission (Bonus)

Most companies withhold taxes on lump sums at a higher rate. Wife needs a ROTH IRA as noted. Contribute each year. Big miss if it has been 5 years without. Do not pay down that mortgage unless you are unable to itemize. Great rate if a 30 year mortgage. Run TurboTax on your expected annual income an...
by RickBoglehead
Wed May 22, 2019 5:10 am
Forum: Personal Finance (Not Investing)
Topic: How much house (% of NW) should a retiree have?
Replies: 16
Views: 1872

Re: How much house (% of NW) should a retiree have?

Has zero relationship to me. A person with $5 million in assets spends 10% on a house. A person with $2 million spends 25%. Same $500k house, both can afford it because their remaining assets can support their lifestyle until their expected demise. If spending less on a house lets you live more comf...
by RickBoglehead
Tue May 21, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 88
Views: 8001

Re: Anyone else looking forward to Game of Thrones?

Battle episode was too visually dark to view. Major blunder.

I enjoyed the season, but 6 episodes was too rushed.

I read Fire and Blood and found it bear impossible to keep track of characters. Very pompous writing.
by RickBoglehead
Tue May 21, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Senior management/executives
Replies: 49
Views: 3433

Re: Senior management/executives

Not in my experience. If it is illegal or violates company policy, turn him in.
by RickBoglehead
Tue May 21, 2019 9:25 pm
Forum: Personal Investments
Topic: $400,000 gift to stepdaughter
Replies: 75
Views: 8015

Re: $400,000 gift to stepdaughter

First, sorry for your loss. Second, 15k a year isn't going to make her life appreciably easier. She is more likely to spend 15k a year than to save it. I agree that this whole plan seems to be overthinking things. I get what you're trying to do, but why not trust your stepdaughter and change her li...
by RickBoglehead
Tue May 21, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Urgent credit problem
Replies: 35
Views: 3404

Re: Urgent credit problem

Rekey locks. Contact your homeowner's insurance company, you should have "identity theft coverage". Buy an alarm system. I recommend Simplisafe. Everything is wireless, no screws, simply stick sensors in place. No contract. $14.99 or $24.99 per month monitoring, gets you a discount with your insura...
by RickBoglehead
Tue May 21, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 60
Views: 2761

Re: Payable On Death Account as Will Substitute

POD allows the asset to be transferred to the beneficiaries outside probate. Removing the beneficiaries and relying on the will means everything goes through probate. If nothing else, that usually means it takes longer and costs more - both because of attorney fees and the government taking their sl...
by RickBoglehead
Tue May 21, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Class action law suits
Replies: 51
Views: 5184

Re: Class action law suits

$18.04 foreign exchange $55.53 Kasha lawsuit $13.53 Verizon Wireless $21.84 riding mower $10.19 lawn mower $31.31 memory $15.97 memory $101.44 memory $13.86 CDs $109.28 magazine $505.24 ING rate renewal $8.00 Hertz $8.23 foreign exchange $326.00 IPOs $281.06 IPOs $48.22 stock settlements $170.90 st...
by RickBoglehead
Tue May 21, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 60
Views: 2761

Re: Payable On Death Account as Will Substitute

I have a close friend who has a fairly simple estate planning situation, I think. He's single and does not intend to get married, is in his late 50s and has fair health. He will have two heirs (his niece and nephew...both post-college young adults). He has no children of his own. He will retire soo...
by RickBoglehead
Tue May 21, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 60
Views: 2761

Re: Payable On Death Account as Will Substitute

I have a close friend who has a fairly simple estate planning situation, I think. He's single and does not intend to get married, is in his late 50s and has fair health. He will have two heirs (his niece and nephew...both post-college young adults). He has no children of his own. He will retire soo...
by RickBoglehead
Tue May 21, 2019 11:05 am
Forum: Personal Consumer Issues
Topic: Expensive front load washer/dryer worth it?
Replies: 49
Views: 2752

Re: Expensive front load washer/dryer worth it?

We use top loaders and will do everything we can to not switch to these ridiculous front load machines. If one does the math on "cost savings" by using less water, and really takes into account the true cost (including electricity cost to spin a washer for much longer), I can't imagine it pays off e...
by RickBoglehead
Tue May 21, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: PC Hardware Help - KVM Switch
Replies: 29
Views: 898

Re: PC Hardware Help - KVM Switch

Anker USB 3.0 Docking Station. Very reasonably priced. eBay or Amazon. I have one at home and work. 2 monitors, network, keyboard, mouse, audio, extra USB ports. Example: https://www.ebay.com/itm/Anker-USB-3-0-Dual-Display-Universal-Docking-Station-w-Stand-Cable-With-AC/254235609588?hash=item3b319f...
by RickBoglehead
Tue May 21, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Class action law suits
Replies: 51
Views: 5184

Re: Class action law suits

$18.04 foreign exchange $55.53 Kasha lawsuit $13.53 Verizon Wireless $21.84 riding mower $10.19 lawn mower $31.31 memory $15.97 memory $101.44 memory $13.86 CDs $109.28 magazine $505.24 ING rate renewal $8.00 Hertz $8.23 foreign exchange $326.00 IPOs $281.06 IPOs $48.22 stock settlements $170.90 sto...
by RickBoglehead
Tue May 21, 2019 10:27 am
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 1852

Re: Retirement goal seems far away

3,650 days to go, 3,650 days. You take one down, pass it around, 3,649 days to go.

3,649 days to go, 3,649 days. You take one down, pass it around, .... :twisted:
by RickBoglehead
Tue May 21, 2019 10:26 am
Forum: Personal Consumer Issues
Topic: PC Hardware Help - KVM Switch
Replies: 29
Views: 898

Re: PC Hardware Help - KVM Switch

Anker USB 3.0 Docking Station. Very reasonably priced. eBay or Amazon. I have one at home and work. 2 monitors, network, keyboard, mouse, audio, extra USB ports. Example: https://www.ebay.com/itm/Anker-USB-3-0-Dual-Display-Universal-Docking-Station-w-Stand-Cable-With-AC/254235609588?hash=item3b319f...
by RickBoglehead
Tue May 21, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Can a cashiers check be made out to cash?
Replies: 18
Views: 1150

Re: Can a cashiers check be made out to cash?

No personal check is accepted. But I don’t want to get a cashiers check made out to him and not use it. Are cashiers checks returnable? What do people do when they buy cars out of town when they are not sure they will make the purchase? Have you looked into electronic money transfers? I have used Z...
by RickBoglehead
Tue May 21, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Can a cashiers check be made out to cash?
Replies: 18
Views: 1150

Re: Can a cashiers check be made out to cash?

Exactly what Gill said, bring the unused check back to the bank and they'll redeposit the funds.
by RickBoglehead
Tue May 21, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: PC Hardware Help - KVM Switch
Replies: 29
Views: 898

Re: PC Hardware Help - KVM Switch

OP, you have your terminology wrong, which may lead you astray. The video ports on your computers are OUTPUTS, not INPUTS. You're sending video OUT, not IN. You have an HDMI and a mini display port on your laptop. So you'll need to get a display port to mini display port adapter. This seems to be th...
by RickBoglehead
Tue May 21, 2019 8:30 am
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 61
Views: 4504

Re: Is an emergency just mental accounting?

In the case of an emergency fund the special "money jar" is often a high-yield savings account, money market account, etc. Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio ...
by RickBoglehead
Tue May 21, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: HOW to pay off a mortgage
Replies: 17
Views: 3413

Re: HOW to pay off a mortgage

Suggestion to OP.

Setup a conference call with you, your mother, and the mortgage company. Have your mother inform them that she wants you in on the call, and therefore you can verify all instructions.

Then, do the same with your mother and the bank where the funds are going to be wired from.
by RickBoglehead
Tue May 21, 2019 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Urgent credit problem
Replies: 35
Views: 3404

Re: Urgent credit problem

Rekey locks. Contact your homeowner's insurance company, you should have "identity theft coverage". Buy an alarm system. I recommend Simplisafe. Everything is wireless, no screws, simply stick sensors in place. No contract. $14.99 or $24.99 per month monitoring, gets you a discount with your insuran...
by RickBoglehead
Tue May 21, 2019 7:03 am
Forum: Personal Finance (Not Investing)
Topic: How to help DW to manage the invested money ??
Replies: 36
Views: 2767

Re: How to help DW to manage the invested money ??

There seem to be a lot of posts about spouses that don't understand / don't care / aren't worried / have no interest in the finances (sometimes women, sometimes men). Here's the reality - none of us can predict our mortality. We can plan, we can write things down, but we can't figure out when we're ...
by RickBoglehead
Tue May 21, 2019 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Relocate to Charleston SC?
Replies: 35
Views: 3752

Re: Relocate to Charleston SC?

I would suggest that you relook at your numbers very carefully. I'd also suggest that you not worry about what others think about why you might move. Hilton Head traffic is insane. Beaufort is very undeveloped as compared to Charleston, but much of it in a not-nice-undeveloped way. We considered it,...
by RickBoglehead
Tue May 21, 2019 5:06 am
Forum: Personal Investments
Topic: Majority of Assets at USAA and Fidelity - where to consolidate
Replies: 8
Views: 704

Re: Majority of Assets at USAA and Fidelity - where to consolidate

There is no reason to out everything at Fidelity. While when you log in, you would see all your assets, you can do the same at Vanguard by simply putting in the asset symbol and number of shares of your Fidelity holdings in the Outside Investments section (manually updating shares as needed).
by RickBoglehead
Mon May 20, 2019 9:05 pm
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 61
Views: 4504

Re: Is an emergency just mental accounting?

In the case of an emergency fund the special "money jar" is often a high-yield savings account, money market account, etc. Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio ...
by RickBoglehead
Mon May 20, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 158
Views: 7302

Re: Should I encourage my kids to work in high school/college?

Yes. 2 sons, one worked, one didn't. One who worked benefited, one who didn't had a different perspective on things. The one who worked started at 14. Movie theater usher. Then Target stocking then cashier. Then in college Best Buy.
by RickBoglehead
Mon May 20, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Probate costs?--I am the sole heir and the executor
Replies: 62
Views: 5118

Re: Probate costs?--I am the sole heir and the executor

This is an interesting tangent. I know that the value of living trusts is downplayed on the forum, but I can't help but wonder if they just make this all simpler. If the probate estate is zero, none of this is even a concern. I share your perspective. My mother has a car outside her trust. No proba...
by RickBoglehead
Mon May 20, 2019 12:06 pm
Forum: Personal Investments
Topic: Where to put former monthly car payments?
Replies: 4
Views: 573

Re: Where to put former monthly car payments?

I'm sure there are some that will disagree with me, but that's way, way too conservative. You should have an emergency fund with 6 months of expenses in it. Then, you should invest as appropriate for your age. When it's time to acquire a new vehicle (I always buy new), your portfolio should support ...
by RickBoglehead
Mon May 20, 2019 5:26 am
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 14045

Re: FIRE - What am I missing in the News Stories

Hopefully no one reads a blog thinking it is news. Blogs are adding to the internet's mass of unsubstantiated opinionized drivel, IMO. Similarly most podcasts. The only thing holding us back from FIRE before was in-law's care. Since we had to be here, working was fine. Then reality of medical costs ...
by RickBoglehead
Mon May 20, 2019 5:11 am
Forum: Personal Consumer Issues
Topic: Disposing of Residential Landscaping Rocks, Concrete, etc...
Replies: 22
Views: 1809

Re: Disposing of Residential Landscaping Rocks, Concrete, etc...

Many throw things in trash that never should be there, because of the pollution they will cause. A motor has oil in it that will leak.

Concrete company by us took pickup loads of concrete no charge.
by RickBoglehead
Sun May 19, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 111
Views: 8295

Re: Selling Home: Demanding Buyer Part 2 (picture)

This is your realtor's job...
by RickBoglehead
Sun May 19, 2019 6:59 am
Forum: Personal Investments
Topic: 529 Questions
Replies: 6
Views: 564

Re: 529 Questions

Right. Each account has an owner, and a beneficiary. If the parents set up an account, one of them is the owner (can't be joint). If you contribute funds to that account, you give up control - they can even withdraw the funds (with penalties) and use them any way they want. If you open an account, Y...
by RickBoglehead
Sun May 19, 2019 5:48 am
Forum: Personal Investments
Topic: 529 Questions
Replies: 6
Views: 564

Re: 529 Questions

A child can be the beneficiary on multiple accounts. However, if opened in the same state, all accounts cannot exceed the limits, which the plan would state. You can also both contribute to their 529, but then you would not own the funds, the account owner would. My529 , the Utah plan, is very good ...
by RickBoglehead
Sat May 18, 2019 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 17452

Re: High net worth, elite private or “good” public

My kids took the bus, even as seniors because they had zero need for a car. Entitlement did not exist in our household.

We gave each child a vehicle at college graduation, worth $2,500. Family vehicle, good shape, owned since new, just old.
by RickBoglehead
Sat May 18, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 17452

Re: High net worth, elite private or “good” public

We never considered private school because we were concerned that the elitist attitude would be inbred into our children. We moved when our youngest was about to enter 10th grade, and intentionally did not look for homes in the 99% Caucasian school district, instead picking the equally good distric...
by RickBoglehead
Sat May 18, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 17452

Re: High net worth, elite private or “good” public

We never considered private school because we were concerned that the elitist attitude would be inbred into our children. We moved when our youngest was about to enter 10th grade, and intentionally did not look for homes in the 99% Caucasian school district, instead picking the equally good district...
by RickBoglehead
Fri May 17, 2019 5:12 am
Forum: Personal Consumer Issues
Topic: Should I replace Prius Hybrid Battery?
Replies: 38
Views: 2735

Re: Should I replace Prius Hybrid Battery?

You could save $1000 if you DIY. Moderate difficutly. Here's a very good how-to video. https://www.youtube.com/watch?v=Q3RCdrh666w From your screen name I am guessing this is "take it as read". But for those of us who are non-technical. The Prius is quite high voltage I believe and the battery pack...
by RickBoglehead
Fri May 17, 2019 5:07 am
Forum: Personal Consumer Issues
Topic: Usefullness of 2 in 1 laptops?
Replies: 17
Views: 1533

Re: Usefullness of 2 in 1 laptops?

I have a Yoga. Never used it as a tablet, not once.
by RickBoglehead
Thu May 16, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5385

Re: Guidance on choosing between UMich and Brown

Not even close.

GO BLUE!