Search found 1700 matches

by 02nz
Tue Jul 16, 2019 11:09 pm
Forum: Personal Consumer Issues
Topic: Letter from Amex - scam?
Replies: 19
Views: 1219

Re: Letter from Amex - scam?

I got a letter from Amex saying that I have an unclaimed check from 2015. The amount is in the 100s. They said that if I don't return the enclosed form by a certain date, the money would be treated as abandoned and handed over to the state. Does this sound like a scam? This sounds VERY much like a ...
by 02nz
Tue Jul 16, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: New family car and safety considerations
Replies: 46
Views: 2421

Re: New family car and safety considerations

The captain chairs in the second row are like airline seats. "Ooh, let's get a car where the seats remind us of airline seats!" - No one ever. (To be sure: The Odyssey is a perfectly capable and comfortable vehicle. But the seats are nothing like airline seats (not even premium cabin seats, and tha...
by 02nz
Tue Jul 16, 2019 2:44 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 11
Views: 812

Re: Counseling a Colleague About Their Financial Advisor

It doesn’t sound like you were really asked for advice, in which case I’d stay out of it, and only answer questions she proactively asks. If she wants to learn more, point her to one of the books recommended here.
by 02nz
Tue Jul 16, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: 457(b)
Replies: 12
Views: 682

Re: 457(b)

Verify with your plan but 19K limit should be tax-deferred, or Roth, or some combination of the two not to exceed 19K, unless you qualify for the age-based catchup.
by 02nz
Tue Jul 16, 2019 8:36 am
Forum: Personal Consumer Issues
Topic: New Subaru Outback Engine Offering for 2020
Replies: 33
Views: 2392

Re: New Subaru Outback Engine Offering for 2020

If there are any concerns its that this is a new platform. What mitigates it is that the global platform the 2020 out ack is based on is also used by the current 2019 forrester and ascent. And the Crosstrek and Impreza. The Impreza has been on the new platform since model year 2017 (so about 3 year...
by 02nz
Tue Jul 16, 2019 12:02 am
Forum: Personal Investments
Topic: Confused by allocations for Tax Efficiency
Replies: 19
Views: 1307

Re: Confused by allocations for Tax Efficiency

Your main tax efficiency mistake is to hold so much stock in your (presumably pretax) 401k and 403b in your non-Schwab fund via the Target Retirement. Tax-efficient placement needs to be on a portfolio-wide basis. Or to phrase it differently - you think OP should hold more of the bond allocation in...
by 02nz
Tue Jul 16, 2019 12:00 am
Forum: Personal Investments
Topic: Confused by allocations for Tax Efficiency
Replies: 19
Views: 1307

Re: Confused by allocations for Tax Efficiency

2) determine whether int'l or U.S. is more efficient in taxable for you and allocate that accordingly - it's probably not a big difference either way though; Thanks 02nz, have been wondering about this. How do you determine relative efficiency of int'l vs. US equities? This is probably the best thr...
by 02nz
Mon Jul 15, 2019 11:50 pm
Forum: Personal Investments
Topic: Confused by allocations for Tax Efficiency
Replies: 19
Views: 1307

Re: Confused by allocations for Tax Efficiency

Rather complicated list of funds. I don't see much of a strategy, just "a little of this, a little of that." Remember, you don't need a bunch of funds to be diversified. And why the overlap (e.g., between S&P 500 and Total Stock Market)? And to use target date funds in your 401k and 403b, and a mix ...
by 02nz
Mon Jul 15, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: New family car and safety considerations
Replies: 46
Views: 2421

Re: New family car and safety considerations

The 2019 Rav4 is a new model, so reliability is unknown. If the RAV4 works for you, I wouldn't let the fact it's a redesign stop you. In addition to Toyota's very good reliability track record overall, the new RAV4 is based on a platform (Toyota New Global Architecture) that has been in use since 2...
by 02nz
Mon Jul 15, 2019 4:36 pm
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3750

Re: Poor financial advisor performance

What does the advisor have you invested in? Is it 60/40 like the benchmark you mentioned? Is in actively managed funds, index funds, or a mix? Assuming your math is correct, you’re underperforming the benchmark by just over 2 percentage points. That can easily be explained by the AUM fee and expense...
by 02nz
Mon Jul 15, 2019 3:17 pm
Forum: Personal Investments
Topic: Was going with AXA a bad move?
Replies: 32
Views: 1980

Re: Was going with AXA a bad move?

Bogleheads rule of thumb: do not invest with insurance companies. But insurance if you need insurance. But investments and insurance don’t mix well, and investing with insurance companies is a sure way to get high costs and complex products.
by 02nz
Mon Jul 15, 2019 1:47 pm
Forum: Personal Consumer Issues
Topic: I think i can spend 30k on this vacation, but wife not sure
Replies: 77
Views: 6863

Re: I think i can spend 30k on this vacation, but wife not sure

corn18 wrote:
Sun Jul 14, 2019 7:44 pm
Why are you spending so little? Ours is $60k and we didn't get the private jet.
The private jet in your avatar costs more than $60K. :happy
by 02nz
Sun Jul 14, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: Want a 2 in 1 laptop
Replies: 28
Views: 2154

Re: Want a 2 in 1 laptop

Can’t wait for the day the iPad can replace a Mac or our MacBook Pro. Would like to hook up to monitor with keyboard and mouse and go to one device. It’s getting closer. A keyboard is no problem, but Apple is hung up on mouse support. iOS 13 (now called iPadOS, I’m typing this on an iPad running th...
by 02nz
Sun Jul 14, 2019 9:39 pm
Forum: Personal Investments
Topic: Passive vs active for parent's retirement
Replies: 19
Views: 1019

Re: Passive vs active for parent's retirement

A few years ago there was a proposed law - I don't know what the outcome was - that would require financial advisors to adopt a fiduciary standard, meaning they would be required to act in their clients' best interest. It was a regulation, not a law. The Trump administration got rid of it: https://...
by 02nz
Sun Jul 14, 2019 7:28 pm
Forum: Personal Investments
Topic: My rough plan to invest $200k windfall...any suggestions?
Replies: 19
Views: 1489

Re: My rough plan to invest $200k windfall...any suggestions?

knguyen120 wrote:
Sun Jul 14, 2019 6:48 pm
retiredflyboy wrote:
Sun Jul 14, 2019 6:15 pm
AA 70-30 close to what your wife wanted but a little more aggressive. Listen to your wife’s risk tolerance concerns.
Happy wife, happy life. I'll come clean and tell her it's not half way, lol.
Or maybe your wife is better at math than you and already knows! :D
by 02nz
Sun Jul 14, 2019 6:13 pm
Forum: Personal Investments
Topic: My rough plan to invest $200k windfall...any suggestions?
Replies: 19
Views: 1489

Re: My rough plan to invest $200k windfall...any suggestions?

One other consideration, related to college: you may qualify for financial aid even if you have a middle-class or even upper-middle-class income, especially at the top handful of schools. Their formula for determining financial need will consider a percentage of assets, including taxable brokerage a...
by 02nz
Sun Jul 14, 2019 5:58 pm
Forum: Personal Investments
Topic: My rough plan to invest $200k windfall...any suggestions?
Replies: 19
Views: 1489

Re: My rough plan to invest $200k windfall...any suggestions?

if it was me then I rather use the $$ to pay off the mortgage then go 100% equities specially how high the market is now. I had zero debt or a mortgage around 32 yo, living in Socal and invested 100% in equities until turning 50 and retired with new AA of 60/40. There are some very dogmatic posters...
by 02nz
Sun Jul 14, 2019 5:43 pm
Forum: Personal Investments
Topic: My rough plan to invest $200k windfall...any suggestions?
Replies: 19
Views: 1489

Re: My rough plan to invest $200k windfall...any suggestions?

If you want 90/10 and your wife wants 60/40, isn't meeting her at halfway 75/25? That would be a reasonable allocation at your age (as is 80/20). Also, it's not entirely clear from your post but it doesn't look like you've accounted for 2020 contributions. Since you're doing this over the next 12 m...
by 02nz
Sun Jul 14, 2019 5:09 pm
Forum: Personal Investments
Topic: My rough plan to invest $200k windfall...any suggestions?
Replies: 19
Views: 1489

Re: My rough plan to invest $200k windfall...any suggestions?

If you want 90/10 and your wife wants 60/40, isn't meeting her at halfway 75/25? That would be a reasonable allocation at your age (as is 80/20). Also, it's not entirely clear from your post but it doesn't look like you've accounted for 2020 contributions. Since you're doing this over the next 12 mo...
by 02nz
Sun Jul 14, 2019 1:28 pm
Forum: Personal Investments
Topic: Vanguard TD funds
Replies: 35
Views: 1931

Re: Vanguard TD funds

I have 20 years until I tap into my Roth. I like the simplicity of the TDF and life strategy however I don’t like international bonds so much. It’s a hard decision!! Between those and 3 fund. There are hard decisions in life. This is not one of them, really. Do you want the simplest, set-it-and-for...
by 02nz
Sun Jul 14, 2019 1:18 pm
Forum: Personal Investments
Topic: Vanguard TD funds
Replies: 35
Views: 1931

Re: Vanguard TD funds

There's a poster on here with a signature to the effect of, If you have to ask if a target date fund is right for you, it is. It may not apply down to every last person, but I think it's pretty much true. I don't use them myself, but particularly in a tax-advantaged account, they are a great set-it-...
by 02nz
Sun Jul 14, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Who should fund a Roth after age 71?
Replies: 13
Views: 1386

Re: Who should fund a Roth after age 71?

Note that “earned income” has a specific definition. Interest, dividends and RMD are not earned income. No Roth unless working. That is my understanding. If a 71 year old withdrew $7k more than the RMD, would that $7k count as earned income? No, withdrawals from IRAs, 401k's, 403b's, 457b's, etc., ...
by 02nz
Sun Jul 14, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Anyone buy the Nissan Rogue over the Honda CRV???
Replies: 78
Views: 4290

Re: Anyone buy the Nissan Rogue over the Honda CRV???

The Rogue is not a bad car per se, just a really mediocre one. I've driven quite a few on rental. Nothing really wrong, but the RAV4, CR-V, Forester, and CX-5 all drive better and have nicer interiors with better materials and fit/finish. Nissan has been phoning it in for a long time, and with the R...
by 02nz
Sat Jul 13, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a used car: 0-interest loan over 15 months, or buy in cash
Replies: 32
Views: 1808

Re: Buying a used car: 0-interest loan over 15 months, or buy in cash

I'm a bit confused. You can open the card, and for the promo period, purchases and balance transfers will be at 0% (but make sure they don't charge a percentage fee on the balance transfers!). You may be able to put 2-3K of the purchase on the credit card, but it probably will not be possible to put...
by 02nz
Sat Jul 13, 2019 7:06 pm
Forum: Investing - Theory, News & General
Topic: Who should fund a Roth after age 71?
Replies: 13
Views: 1386

Re: Who should fund a Roth after age 71?

Depends on the alternative. At that age the person can no longer contribute to a traditional IRA. If however the person hasn't maxed contributions to the 401k, putting the money there might make more sense, as it may be possible to withdraw the money in retirement at lower rates. Otherwise, yes, put...
by 02nz
Sat Jul 13, 2019 4:51 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

American Funds as a company is actually not bad and their funds are decent. The killer is the load but if one holds it for a long time, its effect is small. They are good investments in the old days when index funds were not as widely available. Of course, these days I think index funds are better....
by 02nz
Sat Jul 13, 2019 4:35 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

American Funds as a company is actually not bad and their funds are decent. The killer is the load but if one holds it for a long time, its effect is small. They are good investments in the old days when index funds were not as widely available. Of course, these days I think index funds are better....
by 02nz
Sat Jul 13, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: When does whole life make sense ?
Replies: 30
Views: 5327

Re: When does whole life make sense ?

Just seeking advice since a financial advisor wants me to get a whole life policy. The idea is attractive to me but looking for other alternatives to make a comparison and decide. It's even more attractive to the "financial advisor," whose proper title is "salesman." If you need life insurance, get...
by 02nz
Sat Jul 13, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: Car Rental in Europe--specifically Sicily
Replies: 25
Views: 1092

Re: Car Rental in Europe--specifically Sicily

First that in Italy buying their CDW is mandatory. Second, that rental companies will charge you a lot for a small ding or pebble, which most insurance does not cover. I've heard this before for other locations. I would bet that, if you dig down, buying the rental company's CDW is not in fact manda...
by 02nz
Sat Jul 13, 2019 1:48 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

Sorry. I did not do a good job expressing myself. I was thinking about the front load class (with a lower expense ratio) comparing to a no load class (with a higher expense ratio). My mistake. Thank you. I have edited my original post. My very first mutual fund investment (Edward Jones!) was a Putn...
by 02nz
Sat Jul 13, 2019 11:08 am
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

I believe front-end loads perhaps inadvertently worked as a behavioral finance tool for many people. Imagine investing and you have a loss of 6% the next day. Many people cannot stand losses, but also would not sell until the losses went away. How many posts have we see with "Should I wait until I ...
by 02nz
Sat Jul 13, 2019 11:06 am
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

American Funds as a company is actually not bad and their funds are decent. The killer is the load but if one holds it for a long time, its effect is small. They are good investments in the old days when index funds were not as widely available. Of course, these days I think index funds are better....
by 02nz
Sat Jul 13, 2019 11:00 am
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

With dividends reinvested and net of expenses, American Funds The Growth Fund of America® Class A AGTHX has done better over the 43 years since the creation of the first S&P 500 index fund. Stated more precisely: A lump sum invested in AGTHX all at once 43 years ago, with no additional investments ...
by 02nz
Sat Jul 13, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: New family car and safety considerations
Replies: 46
Views: 2421

Re: New family car and safety considerations

My guess is that for used you’d be looking at 3- to 5-year old minivans or SUVs. These are generally quite safe. Cars engineered in the last decade or so have had to meet pretty stringent safety requirements. These cars will all have airbags (front, side, and curtain), ABS, stability control, and ge...
by 02nz
Fri Jul 12, 2019 11:47 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7140

Re: my mom is a "financial advisor"

As others have noted, this is a case of cherry-picking performance. AGTHX did well decades ago, when it was a much smaller fund, invested in a very different part of the stock market, and had different fund managers. My response to Mom would be, "I'd be happy to invest in this fund, as long as you b...
by 02nz
Fri Jul 12, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Portable charger for laptop....?
Replies: 8
Views: 464

Re: Portable charger for laptop....?

Buy a second laptop battery (~$15 on eBay), charge it and swap it out as required. Since the laptop is a relatively recent model, it's very likely that its battery cannot be swapped out without opening up the computer. A few business laptops still have batteries that can be swapped out, but even in...
by 02nz
Fri Jul 12, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to Safely Share User IDs / Passwords with Spouse
Replies: 72
Views: 4776

Re: How to Safely Share User IDs / Passwords with Spouse

Zip drive? There does come a time when finding a physically compatible device to read your media can become an issue. I was thinking the same thing, but I assume people actually meant USB drives. Surely no one is still using magnetic disks with 100 MB capacity and have a (comparatively) high failur...
by 02nz
Fri Jul 12, 2019 3:09 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 471
Views: 57202

Re: Your USER NAME...what does it mean?

True fact..........this past October, while spending a relaxing day on the course, I had the privilege to observe a bald ego soaring in air currents against the blues skies.......very cool indeed Hmm.... "True Fact" ? Isn't that redundant? If it isn't true, how can it be a fact? :D Some have spoken...
by 02nz
Fri Jul 12, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: Office 365 Home - Mobile Apps
Replies: 4
Views: 351

Re: Office 365 Home - Mobile Apps

An Office 365 subscription gets you 5 Microsoft accounts that can access Office 365. 5 separate emails/laptops/people. Kids? Parents? We use all 5. Share and the other user gets an email to install Office 365. Each account gets 1 TB of OneDrive space. Install the OneDrive app on your Android or iPh...
by 02nz
Fri Jul 12, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: How to park in northern Europen countries?
Replies: 29
Views: 2012

Re: How to park in northern Europen countries?

I would suggest NOT getting a rental car for your entire trip. Years ago a friend and I visited the UK. We flew into London, toured London for several days, took a train to York, rented a car to tour the Yorkshire Moors and the Lake District then droped the car off in Bath and then took trains to O...
by 02nz
Fri Jul 12, 2019 10:28 am
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

Recent events have called into question the old adage if it ain't Boeing I ain't going. That was always a very silly saying, just like Airbus' "4 engines 4 long haul." Wasn’t that a Virgin Atlantic saying? I thought they painted it on 747s, too. It started as an Airbus ad campaign for the A340-600:...
by 02nz
Thu Jul 11, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: anyone here use BillPay?
Replies: 22
Views: 1202

Re: anyone here use BillPay?

I've gotten used to paying most my bills this way at my bank, but I am amazed how some payments don't appear in my account for weeks or months even. Like I paid about 8 bills yesterday, to insurance and city sewer and gas card, but the one to the city doesn't show up in my account list of transacti...
by 02nz
Thu Jul 11, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

Phineas J. Whoopee wrote:
Thu Jul 11, 2019 12:30 pm
Recent events have called into question the old adage if it ain't Boeing I ain't going.
That was always a very silly saying, just like Airbus' "4 engines 4 long haul."
by 02nz
Thu Jul 11, 2019 12:04 pm
Forum: Personal Investments
Topic: Federal employee financial planning question
Replies: 33
Views: 2468

Re: Federal employee financial planning question

bogota1972 wrote:
Wed Jul 10, 2019 8:21 pm
My agency has a retirement seminar, but you aren't eligible until you're five years eligible for retirement. By that time, I think it is too late....
Check to see if they also offer a mid-career retirement course, as State does.
by 02nz
Thu Jul 11, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

I flew exceptionally maintained 40-year-old DC-9s all over the country while growing up and then starting my career. Delta is absolutely top notch (as is AA - do they have any Mad Dogs left?). There hasn't been a maintenance-related crash of a commercial aircraft in the United States in... well ove...
by 02nz
Thu Jul 11, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

I built a career hopping around the country on Mad Dogs and prefer them to the way most carriers have configured their newer planes. I’ll continue to fly them with confidence. The 2-3 configuration is a nice aspect of the MD-80/88 layout. Delta's CS100/A220 aircraft will have the same configuration.
by 02nz
Thu Jul 11, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

Older aircraft are safe if maintained properly. I don't have reason to think that Delta does not maintain its aircraft properly. If I'm not mistaken, in terms of dispatch reliability, the MD-80/88s are actually very good. The article quoted indicates the MD-80/88 is old and less pleasant to fly, not...
by 02nz
Thu Jul 11, 2019 10:25 am
Forum: Personal Investments
Topic: Portfolio Checkup
Replies: 56
Views: 3396

Re: Portfolio Checkup

I am wondering: Should I also open up an HSA? Where is a good place? Fidelity? Vanguard doesn't offer HSAs, correct? P You must have an eligible high-deductible health plan (HDHP) to contribute to an HSA. Such plans tend to advertise HSA compatibility very prominently, like in the name of the plan.
by 02nz
Wed Jul 10, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Turkish Airlines ?
Replies: 38
Views: 2530

Re: Turkish Airlines ?

Turkish has exceptional catering - even the food in economy is very decent. They are also one of the few carriers still flying 777s with nine-across seating in coach, which is much more comfortable than the ten-across on most carriers (including United and American, but not Delta).