Search found 63 matches

by craimund
Thu Oct 04, 2018 6:00 am
Forum: Personal Finance (Not Investing)
Topic: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma
Replies: 26
Views: 2164

Re: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma

Personally I think the AMEX BCP is a garbage card. The absolute best you can do is 4.4% cash back on groceries if you spend exactly $6000/yr after subtracting the $95 annual fee. Too much work for too little reward. Of course this is what AMEX wants. Conveniently ignoring the $200 sign up bonus. $2...
by craimund
Thu Oct 04, 2018 5:58 am
Forum: Investing - Theory, News & General
Topic: Climate Change Investment Strategy
Replies: 11
Views: 1195

Re: Climate Change Investment Strategy

It seems like most fortune 500 companies are preparing for a future with climate change. While our politicians may have their heads in the sand, companies seeking to maximize profit will adapt to continue to maximize profit. Ergo, the bogelhead investment strategy still stands. If the broad economy...
by craimund
Fri Sep 28, 2018 3:17 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 105
Views: 21529

Re: Water Heater Install $1,800!

Starfish wrote:
Thu Sep 20, 2018 3:34 pm

I still have to old one though :annoyed I have to discard it one of these days.

PS: I "postoped" the permitting.
You should be able to take the old tank to a metal recycling facility and get some cash.
by craimund
Fri Sep 14, 2018 4:17 am
Forum: Investing - Help with Personal Investments
Topic: Best tool/way to manage the a portfolio of multiple accounts
Replies: 22
Views: 1318

Re: Best tool/way to manage the a portfolio of multiple accounts

I use and generally like Quicken. However, it is not free and you are forced to upgrade every two years (I think) to allow automatic downloads. I believe they also went to an annual subscription model recently which has not affected me yet. There are many other posts discussing these types of servic...
by craimund
Fri Aug 03, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73509

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Until Vanguard's patent(s) expire. When do they expire? I'm not entirely sure. Most patents generally expire 20 years after the filing date. The basic Vanguard Vipers patent was filed in 2001 and would expire in 2021. However, an amended patent was filed in 2005, but I don't know if that would exte...
by craimund
Fri Aug 03, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73509

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Because they're straight index mutual funds. Existing Fidelity index products of this kind regularly distribute capital gains to investors. Until Vanguard's patent(s) expire. When do they expire? I'm not entirely sure. Most patents generally expire 20 years after the filing date. The basic Vanguard...
by craimund
Fri Jun 29, 2018 4:26 am
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 7570

Re: Cheapest way to buy a phone in 2018?

I've been buying used IPhones on EBay for years and have had only positive experiences. Just bought two IPhone SEs for the kids. Purchased my current IPhone 6 on EBay years ago. In order to save, need to buy older generation phones. Maybe a 7 or 7 Plus. The SE is a great deal if you are OK with a sm...
by craimund
Sun Jun 24, 2018 4:56 am
Forum: Investing - Help with Personal Investments
Topic: Are Roth IRAs overrated?
Replies: 88
Views: 11261

Re: Are Roth IRAs overrated?

Yes they are! It is hoped that during your working life you will advance to the highest tax bracket, taking advantage of tax breaks such as mortgage relief, however long they last? However hopefully you have enjoyed life, as not a given you will live past 80, so when retired your tax bracket will g...
by craimund
Wed Jun 20, 2018 5:18 am
Forum: Personal Consumer Issues
Topic: Road trip Pennsylvania,Maryland,and DC
Replies: 97
Views: 5732

Re: Road trip Pennsylvania,Maryland,and DC

.....We are flying into Philly for sure. we will stay 2 or 3 nights.That leaves us 3 or 4 days until we drive into DC and return rental car.....So in those 3 or 4 days we would like to see Harpers Ferry,Gettysburg,Baltimore/Maryland,area and if possible a quick stop anywhere in Delaware to cross it...
by craimund
Tue Jun 19, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Road trip Pennsylvania,Maryland,and DC
Replies: 97
Views: 5732

Re: Road trip Pennsylvania,Maryland,and DC

Harpers Ferry WV is about 1.5 hour drive from DC/Dupont Circle. You should be able to mostly avoid the horrific DC traffic if you make it a day trip and leave in the AM.

You should also consider visiting Mount Vernon (Alexandria, VA). Short trip from DC.
by craimund
Mon Jun 18, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Road trip Pennsylvania,Maryland,and DC
Replies: 97
Views: 5732

Re: Road trip Pennsylvania,Maryland,and DC

Ok,let’s skip Pittsburgh.I thought there might be a lot of stuff to see driving to Philly. We are adding a week to an already planned trip where we originally flew in to DC on Oct 2. We have never seen Maryand and the Philly area.I was also considering going to Delaware only because we are on a que...
by craimund
Thu Jun 14, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 13297

Re: MD&P just purchased X / sold Y [md&pharmacist]

I'm not 50% cash. But, with 50% cash, a 1 year return of 13.7% in this under-performing market! Wow, that means the funds are collectively at 27.4% 1 year even with my sleepers, and in this lazy market where the DOW hasn't seen it's high in months. You can see how it's been so good in a normalized ...
by craimund
Thu Jun 14, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 13297

Re: MD&P just purchased X / sold Y [md&pharmacist]

Whats your IRR of your entire portfolio (Stocks, Bonds, Cash) over the last 12 months, 3 years, etc.? Wouldn't that be more important than how one of your many funds performed well. That would be like me bragging about how my Amazon stock has gone up x% over the last few years even though its just ...
by craimund
Thu Jun 14, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 109
Views: 10744

Re: I was rear ended and the other guy wants a payout!

A little while back I was rear ended, the circumstances are this. I pulled out of a parallel parking space after checking to see that my side windows and mirrors were clear; after fully getting on the road and getting about a car length down, I see an old van barreling down the road in my rear view...
by craimund
Thu Jun 14, 2018 3:34 am
Forum: Investing - Help with Personal Investments
Topic: Better late than never
Replies: 7
Views: 1333

Re: Better late than never

You can switch funds within your Vanguard IRA without incurring any costs unless the fund you are selling has a redemption fee. Most Vanguard funds do not have redemption fees. See link below for those that do. https://investor.vanguard.com/mutual-funds/fees Are you an independent contractor with 10...
by craimund
Wed Jun 13, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 12573

Re: Are you including SS in your planning model? Are the benefits really that high?

I have not used social security in any retirement planing model since I began modeling back in my 20s. Just today I tried an SSA calculator to estimate my benefits. I told it I would stop earning at 54 and entered my yearly earnings up to this year. I'm 44. The result was a monthly benefit of $1600...
by craimund
Sun Jun 03, 2018 5:33 am
Forum: Personal Finance (Not Investing)
Topic: For those who worked in tech and then changed industries, where did you go?
Replies: 14
Views: 1402

Re: For those who worked in tech and then changed industries, where did you go?

I know similar questions have been asked recently, but not this exact scenario from what I have seen... For those of you who have worked in the tech industry and then voluntarily (or involuntarily I guess) left for something else, what kind of work did you go to? I am currently 43 years old and wor...
by craimund
Fri Jun 01, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Any other pre-tax retirement account options?
Replies: 11
Views: 710

Re: Any other pre-tax retirement account options?

A Roth would not technically be a pre-tax account since contributions would not reduce your current income/taxes. Sounds like you make too much for a Roth or a deductible traditional IRA anyway. You could make a non-deductible (i.e., after tax) contribution to a traditional IRA ($5500 limit) or you ...
by craimund
Thu May 03, 2018 5:00 am
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 89
Views: 9317

Re: If you really like the CR-V, you should check out the [_____]

JD Power is pretty useless, and it doesn't measure quality or reliability at all, it measures satisfaction. Here's a great article explaining that, but i'll summarize below: JD Power is literally the benchmark for the auto industry. The gold standard. Every major automaker buys into it and many eve...
by craimund
Thu May 03, 2018 4:58 am
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 89
Views: 9317

Re: If you really like the CR-V, you should check out the [_____]

JD Power ratings do not have much value to me. That's "as delivered" quality, right? I am more interested in how the reliability is 5 to 10 years down the road. That's why I look to Consumer Reports. Initial quality covers the ? first 3 months?, while the dependability study looks at 3 years. This ...
by craimund
Mon Apr 30, 2018 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Would Roth Conversions be worthwhile for me?
Replies: 18
Views: 1860

Re: Would Roth Conversions be worthwhile for me?

Thanks all. How big are your TSP, Roth, and Taxable accounts? TSP - $800K Roth - $250K Taxable - $300K Do you have a federal pension? y es, but retiring early under special plan for employees who reach age 56 + 10 years of service, early retirement Are you sure you are not getting the FERS suppleme...
by craimund
Mon Apr 16, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Is capital gains paid at the state level as well?
Replies: 8
Views: 554

Re: Is capital gains paid at the state level as well?

Hi, I'm trying to estimate my quarterly taxes for 2018. It dawned upon me that I do not know if capital gains on the sale of stock is paid on the state level as well. I already figured it (15%) into my federal quarterly liabilities, but I did not know if it is for the state too. Thanks! Cap gains a...
by craimund
Thu Apr 12, 2018 5:01 am
Forum: Investing - Help with Personal Investments
Topic: Crazy to start 529 without kids??
Replies: 49
Views: 4071

Re: Crazy to start 529 without kids??

Hello, so excited to find this community! I recently inherited a very large sum of money from my grandfather. Years ago, he had given me a Boglehead guide to investing book; but as a college student at the time with no debt, little income, and no savings, I read a few pages then filed it away. Sorr...
by craimund
Thu Apr 12, 2018 4:54 am
Forum: Personal Finance (Not Investing)
Topic: Tax emergency--Almost done filing with TurboTax but a couple things are wrong
Replies: 13
Views: 1039

Re: Tax emergency--Almost done filing with TurboTax but a couple things are wrong

It's sort of hidden, it takes a few clicks and you can't see all the forms, but you can see the completed 1040 before you file. Search the turbotax forums for exactly what to click. For the online version, you have to pay in order to review and print the completed forms. Once you pay, you should be...
by craimund
Sat Apr 07, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 4782

Re: Undecided students and STEM majors

Visiting colleges with my high school junior, who is interested in STEM but unsure as to which specific field. Some schools (private, $$$$) admit students and put them through a rigorous core, with exposure to several engineering disciplines, CS, and math. Only after that do they choose a major. Th...
by craimund
Wed Apr 04, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k
Replies: 5
Views: 588

Re: Solo 401k

My wife is starting doing consulting work and we will likely form a single member LLC. From what I read it sounds like a Solo 401k Plan could be a very interesting option, especially as it looks like the Solo 401k Plan would allow total contributions up to 54k. Can I just double check that I unders...
by craimund
Sat Mar 31, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 12924

Re: Underrated places to visit in U.S.?

OK, the thread title says underrated, but are we talking about truly underrated or just off the beaten path and relatively unknown? Because with Yelp, etc. there are few places that are really underrated. Even when you find some little hole-in-the-wall place that is generally off the radar, it ofte...
by craimund
Sat Mar 31, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 12924

Re: Underrated places to visit in U.S.?

Badlands and Black Hills of South Dakota and Devils Tower, Wyoming. Really cool but hard to access. Pittsburgh, PA is a really neat city. Lived there one summer in my younger days.
by craimund
Sat Mar 31, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Portable Inverter Generator vs Standby Generator
Replies: 78
Views: 4103

Re: Portable Inverter Generator vs Standby Generator

In my opinion, you're paying too much for whatever benefits the inverter technology will provide. $4000.00 for the Honda Inverter vs. $600.00 for the equivalent non-inverter generator. Why not just plug sensitive equipment into a surge protector? My sense is that the inverter models offer dramatica...
by craimund
Sat Mar 31, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: Portable Inverter Generator vs Standby Generator
Replies: 78
Views: 4103

Re: Portable Inverter Generator vs Standby Generator

More concerned about the furnace control board. These seem to be sensitive to generator power. These variable speed fans need to be pretty close to 60hz at all times. Small gas engines that aren't used regularly tend to crap out after a few years. Just had to replace my portable generator after 5 y...
by craimund
Sat Mar 31, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: Are we missing recession /bear market beginning
Replies: 174
Views: 19717

Re: Are we missing recession /bear market beginning

Left to start my private practice 2/2007 at which time I transferred my employer account to my personal retirement accounts. At that point, got extremely lucky because what I was reading made me move out of stock funds and into bond funds so I had no losses in the 2007-2009 disaster. Seeing that a ...
by craimund
Sat Mar 31, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: Portable Inverter Generator vs Standby Generator
Replies: 78
Views: 4103

Re: Portable Inverter Generator vs Standby Generator

Unfortunately Harbor Freight doesn't have a model comparable to the eu7000is. https://m.harborfreight.com/engines-generators/gas-engine-generators/8750-max-starting7000-running-watts-13-hp-420cc-generator-epa-iii-with-gfci-outlet-protection-63085.html That's not the inverter model. In my opinion, y...
by craimund
Thu Mar 29, 2018 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 4812

Re: Cosign college loan for sibling?

Contrary to the other replies here, I would cosign the loan and consider it a gift. If it is paid back, all the better. I would not cosign above the ability to pay for our own childrens' education. As long as: 1. Your spouse agrees. 2. You sit down with brother and he's doing fantastic in school an...
by craimund
Thu Mar 29, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 4812

Re: Cosign college loan for sibling?

When you say "out of state", I assume you mean an out of state state school. Why does your brother need to go out of state to get a degree at another state's state school? This makes no sense unless the state schools in your home state are unacceptable - I'm not aware of any state that has in state ...
by craimund
Wed Mar 21, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3934

Re: SE Washington DC job - where to live?

I want to thank everyone for all the great feedback. Lots of great responses, so I won't try to respond to them individually. It seems like there are plenty of viable options to consider, given her general flexibility (not needing to worry about schools, spouse commute, etc). Budget is definitely a...
by craimund
Wed Mar 21, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3934

Re: SE Washington DC job - where to live?

The area immediately around the base seems somewhat grim, but the reputation of DC commutes is also pretty bad. Are there areas to the south in Maryland, or across the river in VA that would have a sub 30-minute typical commute and be reasonably livable? How about commuting via metro from the more ...
by craimund
Wed Mar 21, 2018 7:52 am
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3934

Re: SE Washington DC job - where to live?

I think Metro and public transportation are high priced, unreliable, subject to substantial delays, and more and more, unsafe. So, if she has free parking, I would be inclined to live in Alexandria VA and commute by car. Driving from Alexandria to the Navy Yard would take more time than Metro durin...
by craimund
Wed Mar 21, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Any lawyers? Got scammed
Replies: 39
Views: 3962

Re: Any lawyers? Got scammed

You would not need an attorney for small claims court. The Court Clerk's Office can probably provide you with the information needed to file the claim. She would probably not show and you would end up with a default judgment. You would then need to collect which may not be easy. If you did hire an a...
by craimund
Wed Mar 21, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3934

Re: SE Washington DC job - where to live?

As someone who has lived and commuted in the DC area since 1991, I would recommend the Virginia side of the river. In DC/Maryland, the closer in neighborhoods will be either crime ridden or pricier. Navy Yard Metro stop is on the Green Line. It is generally not a good idea to live on the Green line...
by craimund
Wed Mar 21, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3934

Re: SE Washington DC job - where to live?

As someone who has lived and commuted in the DC area since 1991, I would recommend the Virginia side of the river. In DC/Maryland, the closer in neighborhoods will be either crime ridden or pricier. Navy Yard Metro stop is on the Green Line. It is generally not a good idea to live on the Green line....
by craimund
Tue Mar 20, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: $40k Gift
Replies: 3
Views: 1079

Re: $40k Gift

According to IRS (see below), for a self-employed individual, contributions to a SEP IRA are limited to 25% of your net earnings from self-employment (not including contributions for yourself), up to $55,000 (for 2018; $54,000 for 2017). Looks like your net earnings would be 30K. https://www.irs.gov...
by craimund
Tue Mar 20, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Rent in Retirement
Replies: 35
Views: 3942

Re: Rent in Retirement

I live in greater Boston (high COL). I figure $1800/month in maintenance and utilities as: $300/month for lawn/snow removal, $250/month electricity ((yes), $250/month heat, 12500/year general upkeep (painting/landscaping/plumbing). Not interested in condo/townhouse though think it likely that will ...
by craimund
Sun Mar 18, 2018 4:13 am
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 18733

Re: Bought house six months ago - now feeling like we're treading water and can't save money

Reducing charitable and mortgage prepayment would appear to be the best options. Curious about the charge for "Storm Water" of $9.754. Is this a surcharge on your water/sewage bill? I realized some municipalities were charging commercial tenants for runoff from impermeable surfaces (i.e., roofs and ...
by craimund
Fri Mar 16, 2018 5:40 am
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 12298

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

Returns in the last ten years have been average rather than abnormally high. Not all Bogleheads subscribe to 4% predictions. The future is not ours to see. Correct. And the stock market was terrible from 2000-2008. Since 2000, the market has underperformed significantly (7% vs 11%). You could view ...
by craimund
Tue Mar 13, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: T Rowe Price?
Replies: 15
Views: 1607

Re: T Rowe Price?

I own four T. Rowe Price funds and have been quite happy with their (out)performance. +1 I’ve held TRP Capital Appreciation Fund (now closed) in a ROTH for a number of years. Go to Portfolio Visualizer, enter PRWCX and run it against VWELX (Vanguard Wellington) or several other combinations of like...
by craimund
Tue Mar 13, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: T Rowe Price?
Replies: 15
Views: 1607

Re: T Rowe Price?

I have over half of my assets with TRP (well over $1M). Been investing with then since the mid-late 1990s. They have some top performing actively managed funds as well as some very good sector funds (particularly tech and healthcare). ERs are reasonable for active management (0.6-0.9 for most domest...
by craimund
Wed Mar 07, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: What if you have a poorly rated car?
Replies: 47
Views: 3653

Re: What if you have a poorly rated car?

Yes, I really get sick of all those Dodges littering and blocking the roadways when they break down.... oh wait. :happy What if you have a poorly rated car?... Stop reading CR. :happy Most cars today are plenty reliable. If something breaks, get it fixed. If things start breaking too often, get a d...
by craimund
Wed Mar 07, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: Whole House Natural Gas Generator
Replies: 110
Views: 7671

Re: Whole House Natural Gas Generator

Folks we know on the next street installed one of these. I cannot recall the cost, but it seemed like quite a bit. If you have (especially use) natural gas, there are fewer safety and fuel storage issues/risks. Several years ago, we lost power for several days (heat of the summer) and it was terrib...
by craimund
Wed Mar 07, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Whole House Natural Gas Generator
Replies: 110
Views: 7671

Re: Whole House Natural Gas Generator

When self driving car fleets start showing up in the next 5-10 years the demand for exurb and country homes will take a nose dive (at least in mcol and lcol areas). Don't expect to get any money back on money invested today, you'll be targeting an extremely niche market and there will be a surplus ...
by craimund
Mon Mar 05, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: 30 year fixed vs 7 year ARM
Replies: 37
Views: 3275

Re: 30 year fixed vs 7 year ARM

Unless there was a very good chance you'd be staying less than 7 years, I'd take the 30 year. What if rates are 7% in 7 years? What if we're in a recession and rates are at 2%? :mrgreen: Refi all the way down. I would go 30 if I planned to stay more than 7 years. I know these weren't offered as opt...