Search found 823 matches

by conundrum
Mon Sep 24, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Where to place ownership interest in real estate LLC
Replies: 0
Views: 150

Where to place ownership interest in real estate LLC

I will be purchasing a partnership interest in a office building that is held in a LLC. Should I place my ownership interest in my Revocable trust or in an additional LLC (owning the LLC with another LLC)?
Thanks for your insight.

Drum :sharebeer
by conundrum
Mon Sep 03, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: US Treasuries vs Munis in taxable
Replies: 23
Views: 3954

Re: US Treasuries vs Munis in taxable

Thanks all for the comments, especially grabiner. We are in a similar situation as others, now in the 24% tax bracket and are currently about 50/50 intermediate treasuries and intermediate munis in the bond portion of our taxable account. Considering moving to less munis and more treasuries as at th...
by conundrum
Fri Jun 22, 2018 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Noncovered shares, switch cost basis to specific id
Replies: 6
Views: 618

Re: Noncovered shares, switch cost basis to specific id

Thanks, I appreciate your thoughts and wisdom.

Drum :beer
by conundrum
Wed Jun 20, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Noncovered shares, switch cost basis to specific id
Replies: 6
Views: 618

Noncovered shares, switch cost basis to specific id

We have noncovered shares of several Vanguard mutual funds. If we have never sold any shares of the pertinent mutual fund can we switch our cost basis to specific identification? If at a later date we want to switch the cost basis back to average cost is that allowable? Thanks, Conundrum :sharebeer
by conundrum
Sun Apr 15, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Max % of tax exempt bonds in portfolio?
Replies: 11
Views: 1475

Re: Max % of tax exempt bonds in portfolio?

Thanks for all the advice and wisdom. As our tax bracket has recently dropped, both from the new tax law and lower income we have been considering other bond alternatives in taxable as well

Drum :D
by conundrum
Sun Apr 15, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Max % of tax exempt bonds in portfolio?
Replies: 11
Views: 1475

Max % of tax exempt bonds in portfolio?

Our asset allocation goal is 50% stocks and 50% bonds. With a large portion of our portfolio being in a taxable account we need a good chunk of bonds in taxable. With pension issues and some shakiness in municipal finances is there a maximum % that it is reasonable to have in muni bonds? If we go wi...
by conundrum
Sat Feb 17, 2018 3:14 pm
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 32
Views: 2844

Re: Minnesota lake resorts summer 2018

Thanks everyone for all the great recommendations. Lots of research to do :happy

Drum
by conundrum
Fri Feb 16, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 32
Views: 2844

Minnesota lake resorts summer 2018

We are planning to be in Minnesota in late August this year. Any recommendations for great places or resorts to stay?
We would be two families traveling with young adult children in their early 20’s.
Thanks for any suggestions.

Drum :D
by conundrum
Fri Sep 29, 2017 6:43 pm
Forum: Investing - Theory, News & General
Topic: Pension shortfalls and changes in Muni bond allocation?
Replies: 14
Views: 2072

Re: Pension shortfalls and changes in Muni bond allocation?

Appreciate everyone's thoughts. We are following Valuethinker's perspective, erring toward caution but not overkill.

Drum :sharebeer
by conundrum
Thu Sep 28, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Pension shortfalls and changes in Muni bond allocation?
Replies: 14
Views: 2072

Re: Pension shortfalls and changes in Muni bond allocation?

Thanks Dandy. I agree that the fiscal problems of many states are daunting. A big question for us is not only the risks of individual states but any systemic risks of muni bonds as the pension shortfalls appear to be almost universal. Our concern is that a run of the mill equity bear market will pus...
by conundrum
Wed Sep 27, 2017 4:09 pm
Forum: Investing - Theory, News & General
Topic: Pension shortfalls and changes in Muni bond allocation?
Replies: 14
Views: 2072

Re: Pension shortfalls and changes in Muni bond allocation?

Thanks Chuck, appreciate the link to the Vanguard article.

Drum :D
by conundrum
Wed Sep 27, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Pension shortfalls and changes in Muni bond allocation?
Replies: 14
Views: 2072

Pension shortfalls and changes in Muni bond allocation?

With a 50/50 equity/fixed income split, at the 28% marginal tax bracket and a large percentage of our portfolio in taxable accounts (85% taxable) we have 25% of our portfolio in muni bonds. With seemingly ever increasing concerns regarding pension shortfalls and the financial health of municipalitie...
by conundrum
Thu Sep 07, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 10251

Re: Do retiree BHs actually run down their portfolios?

Great discussion. We appreciate all the Boglehead wisdom on this topic, especially as we are currently fine tuning our withdrawal policy statement.

Drum :sharebeer
by conundrum
Fri Jun 16, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: College grad building credit history
Replies: 11
Views: 1063

Re: College grad building credit history

Thank you all. I appreciate your wisdom and thoughts.

Drum :D
by conundrum
Thu Jun 15, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: College grad building credit history
Replies: 11
Views: 1063

College grad building credit history

We are requesting Boglehead thoughts and wisdom for our daughter. She just graduated from college and is in the process of becoming financially independent. She is building her credit history, has obtained a credit card and is using it responsibly. She is in the process of buying a car and is wonder...
by conundrum
Thu May 25, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions Post Retirement
Replies: 19
Views: 2704

Re: Roth Conversions Post Retirement

Great information and knowledge. We are in a similar situation and have been running numbers and trying to figure out the best plan going forward.
Appreciate all the great suggestions.

Drum :sharebeer
by conundrum
Thu Apr 06, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Where to live in Kansas City, student at UMKC
Replies: 10
Views: 1661

Re: Where to live in Kansas City, student at UMKC

Thanks, I appreciate all the advice.

Drum :sharebeer
by conundrum
Fri Mar 24, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: Where to live in Kansas City, student at UMKC
Replies: 10
Views: 1661

Re: Where to live in Kansas City, student at UMKC

Thanks, I appreciate your recommendations and I'll check them out.

Drum
by conundrum
Thu Mar 23, 2017 9:40 pm
Forum: Personal Consumer Issues
Topic: Where to live in Kansas City, student at UMKC
Replies: 10
Views: 1661

Where to live in Kansas City, student at UMKC

Our daughter will be attending graduate school at the University of Missouri at Kansas City in the fall. Any suggestions for good places for her to live in a safe area near the school?
Thanks for any advice you can give.

Drum :sharebeer
by conundrum
Mon Mar 06, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: how often do you shrug at your IPS? [Investment policy statement]
Replies: 50
Views: 5170

Re: how often do you shrug at your IPS?

For my spouse and me our IPS represents our long term plan to reach our financial goals. One of the biggest benefits of our IPS is that it keeps us on track and keeps us from investing emotionally and being swayed by every new investment and market trend. We follow our IPS in up markets to prevent u...
by conundrum
Tue Feb 28, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Financial implications of paying for elderly mother' care facility
Replies: 6
Views: 1073

Financial implications of paying for elderly mother' care facility

Beginning in a couple months we will be paying for 80% of my elderly mother's board and care facility. She will have exhausted all her funds except a small social security payment. If we pay the facility directly how will this affect our annual gift exclusion ? Will this have other effects on our ta...
by conundrum
Tue Jan 24, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Visiting Princeton/Philadelphia, where to stay
Replies: 24
Views: 1839

Re: Visiting Princeton/Philadelphia, where to stay

Since most of our sightseeing will be in Philadelphia, would it be reasonable to stay in Philadelphia and just drive out to visit Princeton? Any specific hotels you would recommend in Philadelphia?

Thanks
Drum
by conundrum
Tue Jan 24, 2017 9:20 pm
Forum: Personal Consumer Issues
Topic: Visiting Princeton/Philadelphia, where to stay
Replies: 24
Views: 1839

Visiting Princeton/Philadelphia, where to stay

My spouse, daughter and I will be visiting Princeton and Philadelphia for 4 days. We are planning to explore Philadelphia as well as Princeton. Where would you recommend that we stay? Should we stay in one or the other, somewhere in between, split the time?

Thanks for your help,
Drum :sharebeer
by conundrum
Thu Jan 05, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: How many $ to self fund long term care?
Replies: 75
Views: 9006

Re: How many $ to self fund long term care?

Thanks everyone for all the thoughts and wisdom. It appears that our liquid assets will probably be in the range to cover our long term care as needed. No guarantee obviously but as in many other areas of our life we will have to accept and live with a little uncertainty.

Drum
by conundrum
Thu Jan 05, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: How many $ to self fund long term care?
Replies: 75
Views: 9006

How many $ to self fund long term care?

At this point with the turmoil and limitations of long term care insurance my spouse and I are planning to self fund our long term care. I have read a variety of numbers but I was curious about the Boglehead community and what number the "self funders" are plannng to put aside for their possible lon...
by conundrum
Wed Jan 04, 2017 8:57 pm
Forum: Personal Consumer Issues
Topic: Kansas City trip advice
Replies: 23
Views: 2322

Kansas City trip advice

We're headed to Kansas City in a few weeks for 4 days. Any suggestions about where to stay, restaurants and things to do?

Thanks for your help.

Drum :D
by conundrum
Wed Jan 04, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: You have 5-10 minutes to teach someone about personal finance
Replies: 54
Views: 5295

Re: You have 5-10 minutes to teach someone about personal finance

Agree with all above, particularly recommendation for Dr. Bernstein's If You Can. Great wisdom here on Bogleheads.

Drum :D
by conundrum
Thu Dec 29, 2016 8:27 pm
Forum: Investing - Theory, News & General
Topic: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager
Replies: 187
Views: 23857

Re: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager

Thank you Larry and all for a very enlightening and interesting thread.

Drum :sharebeer
by conundrum
Mon Dec 12, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best/ safest way to access Vanguard account online?
Replies: 16
Views: 3052

Re: Best/ safest way to access Vanguard account online?

Thanks, I appreciate all the shared wisdom.

Drum :D
by conundrum
Sun Dec 11, 2016 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Best/ safest way to access Vanguard account online?
Replies: 16
Views: 3052

Re: Best/ safest way to access Vanguard account online?

Thanks all for the great recommendations. I appreciate your advice.

Drum :D
by conundrum
Sun Dec 11, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Best/ safest way to access Vanguard account online?
Replies: 16
Views: 3052

Best/ safest way to access Vanguard account online?

What is the safest and best way to access my Vanguard and other financial accounts online? Any new tips or recommendations from Boglehead nation?

Thanks

Drum :sharebeer
by conundrum
Wed Nov 30, 2016 2:55 pm
Forum: Investing - Theory, News & General
Topic: When to exchange munis for treasuries in retirement?
Replies: 13
Views: 2110

Re: When to exchange munis for treasuries in retirement?

Thanks David. We reside in a no income tax state and so have chosen to use Vanguard's Intermediate Term Tax Exempt Fund ( VWIUX) for our muni exposure. Appreciate your help.

Drum :D
by conundrum
Tue Nov 29, 2016 10:09 pm
Forum: Investing - Theory, News & General
Topic: When to exchange munis for treasuries in retirement?
Replies: 13
Views: 2110

Re: When to exchange munis for treasuries in retirement?

Running various tax software programs, using current tax rates, with RMDs, taxable social security and taxable dividends and interest we will be in the 28% marginal tax bracket in retirement. It appears that keeping our intermediate term tax exempt fund (VWIUX) is a reasonable option. Should the kno...
by conundrum
Tue Nov 29, 2016 4:00 pm
Forum: Investing - Theory, News & General
Topic: When to exchange munis for treasuries in retirement?
Replies: 13
Views: 2110

Re: When to exchange munis for treasuries in retirement?

Thanks, I appreciate everyone's help

Drum :D
by conundrum
Mon Nov 28, 2016 3:38 pm
Forum: Investing - Theory, News & General
Topic: When to exchange munis for treasuries in retirement?
Replies: 13
Views: 2110

Re: When to exchange munis for treasuries in retirement?

Thanks everyone, I appreciate the words of wisdom :happy

Drum
by conundrum
Mon Nov 28, 2016 1:46 pm
Forum: Investing - Theory, News & General
Topic: When to exchange munis for treasuries in retirement?
Replies: 13
Views: 2110

When to exchange munis for treasuries in retirement?

Our asset allocation is 50% equities and 50% fixed income. On the fixed income side we are 25% intermediate treasuries (VFIUX) and 25%intermediate munis (VWIUX) due to limited space in our tax deferred space. As we move toward part time work and eventual retirement at what point, if any, does it mak...
by conundrum
Thu Sep 29, 2016 10:51 am
Forum: Personal Consumer Issues
Topic: 3 days in Cincinnati, suggestions?
Replies: 15
Views: 1512

Re: 3 days in Cincinnati, suggestions?

Thanks everyone for all the great recommendations :D

Drum
by conundrum
Wed Sep 28, 2016 6:29 pm
Forum: Personal Consumer Issues
Topic: 3 days in Cincinnati, suggestions?
Replies: 15
Views: 1512

3 days in Cincinnati, suggestions?

We will be travelling to Cincinnati with our daughter to look at the University of Cincinnati. Any recommendations about things to do and see while we are there? Thanks for your help.

Drum :D
by conundrum
Sat Jun 18, 2016 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Mothers assisted living- gift tax, other issues?
Replies: 11
Views: 1646

Re: Paying for Mothers assisted living- gift tax, other issues?

Thanks Pharmacist, that is our current plan, as she has no income outside of a small social security benefit.

Drum :D
by conundrum
Sat Jun 18, 2016 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Paying for Mothers assisted living- gift tax, other issues?
Replies: 11
Views: 1646

Re: Paying for Mothers assisted living- gift tax, other issues?

Thanks, I appreciate the recommendations and thoughts. It sounds like the easiest way to avoid any gift tax issues would be to pay her facility directly. I will have to investigate the medical dependent concept a bit more.

Thanks again.

Drum :D
by conundrum
Fri Jun 17, 2016 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Mothers assisted living- gift tax, other issues?
Replies: 11
Views: 1646

Paying for Mothers assisted living- gift tax, other issues?

Beginning in about 6 months my wife and I will be paying for my Mother in Laws assisted living facility. After her social security is taken into account the cost to us will be about 3000 per month (and increasing with time). Does anyone have any advice or experience with this type of situation? Any ...
by conundrum
Thu Jun 09, 2016 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard intermediate term tax exempt, still safe?
Replies: 5
Views: 1296

Re: Vanguard intermediate term tax exempt, still safe?

Thanks, appreciate your thoughts. I have held VWIUX in my taxable account for the last few years and have been happy with it's role in my portfolio. I was just curious as to whether concerns regarding the health of various state and local pension plans had changed anyone's opinion of muni bonds in g...
by conundrum
Thu Jun 09, 2016 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard intermediate term tax exempt, still safe?
Replies: 5
Views: 1296

Vanguard intermediate term tax exempt, still safe?

I am 57 y/o and working part time ( semi retired). My asset allocation is 45% equities and 55% fixed income. Of the total portfolio I have 30% in intermediate treasuries and individual TIPS and 25% in Vanguard intermediate term tax exempt, admiral shares (VWIUX). I am currently in the 28% tax bracke...
by conundrum
Thu Apr 28, 2016 8:17 pm
Forum: Personal Consumer Issues
Topic: U. of Michigan, Indiana U. college visits
Replies: 21
Views: 2486

Re: U. of Michigan, Indiana U. college visits

Thanks everyone for all the recommendations, it is greatly appreciated

Drum :sharebeer
by conundrum
Mon Apr 25, 2016 7:13 pm
Forum: Personal Consumer Issues
Topic: U. of Michigan, Indiana U. college visits
Replies: 21
Views: 2486

Re: U. of Michigan, Indiana U. college visits

And any recommendations about where to stay?
Thanks again.

Drum :D
by conundrum
Mon Apr 25, 2016 7:05 pm
Forum: Personal Consumer Issues
Topic: U. of Michigan, Indiana U. college visits
Replies: 21
Views: 2486

U. of Michigan, Indiana U. college visits

Hello all,
We will be visiting the University of Michigan and Indiana University with my daughter. Do any of you have any recommendations about great places to eat, visit or see around the campuses or in town?
Thanks so much for any thoughts.

Drum :sharebeer
by conundrum
Wed Jan 13, 2016 2:11 pm
Forum: Personal Consumer Issues
Topic: Buenos Aires trip advice
Replies: 14
Views: 1468

Buenos Aires trip advice

Any recommendations regarding fun and interesting things to do in Buenos Aires? We will be there 3-4 days.
Thanks
Drum :sharebeer
by conundrum
Fri Oct 02, 2015 3:07 pm
Forum: Personal Consumer Issues
Topic: Travel ideas early November
Replies: 21
Views: 2350

Re: Travel ideas early November

Thanks, we'll check it out.

Drum :D
by conundrum
Thu Oct 01, 2015 7:29 pm
Forum: Personal Consumer Issues
Topic: Travel ideas early November
Replies: 21
Views: 2350

Travel ideas early November

My wife and I have a week off in early November. Any suggestions for domestic, or even short international trips? We are based in the Southwest.
Thanks

Drum :sharebeer
by conundrum
Sun Aug 09, 2015 11:55 am
Forum: Personal Consumer Issues
Topic: Get "free" phone upgrade before Verizon 8/13 changes?
Replies: 6
Views: 1722

Get "free" phone upgrade before Verizon 8/13 changes?

I am eligible for an new phone on my Verizon contract but haven't gotten around to getting a new phone. With the new changes to the Verizon prices would it make sense to get a new phone before the new contracts start on the 13th?

Thanks,
Drum :sharebeer