Search found 2637 matches

by texasdiver
Wed Oct 17, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 63
Views: 3466

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

I would take the 20-year payment plan not the reduced lump sum amount because I don't have anything immediate that I'd need that money for. I'd pre-pay everything I can think of (college tuition for the kids, pay off the mortgage, gold-plated LTC policy, etc. I'd consult the WIKI as regards tax effi...
by texasdiver
Wed Oct 17, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

You know you are old when employer plans did not have an annual "deductible" ;) I have never had a deductible on any Kaiser employer plan so far in over 20 years. Other plans usually do have deductibles. Yes - never had a deductible with Kaiser employer plan either. We have a deductible with our Ka...
by texasdiver
Wed Oct 17, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

You know you are old when employer plans did not have an annual "deductible" ;) I have never had a deductible on any Kaiser employer plan so far in over 20 years. Other plans usually do have deductibles. Yes - never had a deductible with Kaiser employer plan either. We have a deductible with our Ka...
by texasdiver
Wed Oct 17, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Bitcoin after death...some thoughts to consider
Replies: 2
Views: 647

Bitcoin after death...some thoughts to consider

https://news.bitcoin.com/bitcoin-after-death-the-perils-of-sharing-ones-fortune/ There have already been several examples around the world of bitcoin investors who have died without leaving their keys for their relatives. In such cases, families must deal with a kind of “double funeral,” as they mou...
by texasdiver
Wed Oct 17, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 167
Views: 7988

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

All the giant companies that dominate both the US and foreign indexes are enormous multi-nationals that play heavily in both the US and world markets. Ford vs Toyota? Apple vs Samsung? Exxon vs BP? Proctor & Gamble vs Unilever? Pfizer Pharmaceuticals vs Roche? Monsanto vs Bayer? Chase vs HSBC? I wou...
by texasdiver
Wed Oct 17, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 53
Views: 3361

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

. That said, whether it makes sense for a particular individual or couple to accelerate the payoff of their mortage loan, or add to it with a HLOC or 2nd motgage is an entirely different question. But in either case they are simply increasing or decreasing their debt, not actually putting money int...
by texasdiver
Wed Oct 17, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: What was max drop in 2000 and 2008?
Replies: 15
Views: 2743

Re: What was max drop in 2000 and 2008?

A picture's worth a 1000 words. The links above show you what the losses looked like (what $10,000 became worth at the bottom). Thanks for the links to the graphs a.p. It paints an even more striking picture of the losses your brain would have to come to grips with if you had just reached a $1 mill...
by texasdiver
Wed Oct 17, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 53
Views: 3361

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

Hypothetically speaking, a typical upper middle class couple might have three different classes of assets and liabilities: $1 million investment portfolio Home worth $500,000 Mortgage loan of $400,000 The mortage happens to be linked to the house in the sense that the home is the collateral for the ...
by texasdiver
Mon Oct 15, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: White LED Christmas Lights
Replies: 7
Views: 865

Re: White LED Christmas Lights

Sorry. I didn’t click through your link. If you are looking for the mini lights then I’d just get the Costco ones. Either pure white or warm white. Whichever is your preference. I strongly prefer the yellow tinted warm white to the colder blue tinted pure white. The commercial grade ones probably on...
by texasdiver
Mon Oct 15, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4843

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Something else to think about, a lot of scholarships require your to be under a certain EFC number. Several actually wanted the SAR report when applying. Is an award that requires financial need really a "scholarship" in the true sense of the word? Having low family income is not really an achievem...
by texasdiver
Mon Oct 15, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 4640

Re: Kids not interested in money / allowance

She is endlessly broke and always needs more money. Same parents, totally different kids. What can you do? Thanks for the example. I highlighted the above, because from all the observations I have seen there seems to be a HUGE variations in how kids turn out despite what type of "nurturing" environ...
by texasdiver
Mon Oct 15, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: White LED Christmas Lights
Replies: 7
Views: 865

Re: White LED Christmas Lights

A few years ago I did my entire house using commercial grade white C9 LED lights just like the pros use. You buy a spool of socket line and then the LED bulbs separately. The result is far superior to using pre-cut strings like you get from Costco or Home Depot. The shingle clips and lawn stakes are...
by texasdiver
Mon Oct 15, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: How much to spend on landscaping?
Replies: 6
Views: 1313

Re: How much to spend on landscaping?

By the way.... front yard is for your neighbors (and maybe curb appeal for resale) back yard is for you and your family (and friends if you entertain). I always put the minimum amount required into the front yard to keep up with the neighborhood standard and put all my money and effort into creating...
by texasdiver
Mon Oct 15, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 4640

Re: Kids not interested in money / allowance

My middle daughter was like that. Never cared about money and never asked for any until she got into high school. Her grandparents would give her gift cards for birthdays and Christmas and if I didn't pay attention they would just get lost in her desk and never spent. Now that she is in HS she occas...
by texasdiver
Mon Oct 15, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

I'm switching jobs in the next few months and taking a federal job in the Washington DC area. I've always had CareFirst and my spouse uses Kaiser. The federal government offers excellent coverage and rates for plans with both providers so we'd like to get on the same plan going forward. My spouse l...
by texasdiver
Mon Oct 15, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1706

Re: Is it better to have fewer investment choices?

The TSP offers just 5 separate funds (G,F,C,S,I) and different allocations to each in their version of target date funds (L 2020, L2030 and so on). https://www.tsp.gov/InvestmentFunds/FundOptions/index.html If that's good enough for 2 million civilian federal employees, then what makes anyone think...
by texasdiver
Mon Oct 15, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4843

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Oldest daughter is an out-of-state junior at a big public university (SEC school). I didn't bother with the FAFSA and it has never once come up with the school. As long as the invoices for tuition and fees are paid up they don't seem to care one bit. She is a very median student so merit scholarship...
by texasdiver
Mon Oct 15, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: How much to spend on landscaping?
Replies: 6
Views: 1313

Re: How much to spend on landscaping?

20K sounds reasonable if not low for a complete landscape job that also includes hardscape improvements like raised beds and an outdoor fireplace. At least around here, the housing boom has meant that it has been difficult if not impossible to find landscaping companies to take on small odd jobs bec...
by texasdiver
Sun Oct 14, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

As a Kaiser midwife in NorCal, I'm happy to see all these great recommendations for Kaiser! I needed to undergo cancer treatment 6 years ago and I can't say enough good things about how wonderful it was to everything "integrated." I need of orthopedic surgery in early 2019 and Kaiser will pay for m...
by texasdiver
Sat Oct 13, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5342

Re: Weigh in on our Marital Argument =)-- HCOL edition

If it were me, I'd look at row houses where you could convert the basement into an AirBnB guest suite and then just block out the dates for when your parents come to visit. As your kids get a bit older, put them to work maintaining the AirBnB. It would be a nice little educational job for a middle s...
by texasdiver
Sat Oct 13, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2682

Re: Pacific Northwest trip

Steer clear of Portland as the crazies seem to have taken over downtown. I'm not sure what you are talking about. My youngest daughter who is 11 likes doing long urban walks for exercise as opposed to hiking or biking which my other daughter and wife prefer. So about once a week I drive in with her...
by texasdiver
Sat Oct 13, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

We are currently with Kaiser in the Pacific Northwest. Personally I can't say enough good things about it after many years of various PPOs I had when working as a Fed and in education (Blue Cross, Aetna, and I don't remember who all else). Also have family working for Kaiser so I get to see both si...
by texasdiver
Sat Oct 13, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

I really liked CareFirst. Other than the fact that there's a deductible to hit (minimal), their rates are reasonable, and their annual cap is quite low (~$2k/person last time I checked). Most in the District and surrounding areas accept it as well. That said, I really wanted to join Kaiser, but the...
by texasdiver
Sat Oct 13, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Kaiser or CareFirst
Replies: 39
Views: 1939

Re: Kaiser or CareFirst

We are currently with Kaiser in the Pacific Northwest. Personally I can't say enough good things about it after many years of various PPOs I had when working as a Fed and in education (Blue Cross, Aetna, and I don't remember who all else). Also have family working for Kaiser so I get to see both sid...
by texasdiver
Sat Oct 13, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2424

Re: What would you do with some bulk silver?

This is a reply I meant for this thread that I erroneously put in a different thread a couple days ago. Some of you might have already seen it in the other thread... "This is the second thread in the past 2 or 3 weeks where a father or grandfather has given directions of what he wants done with his...
by texasdiver
Sat Oct 13, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2682

Re: Pacific Northwest trip

About 1.5 hours South East from Portland is Silver Falls State Park. It offers an easy seven mile hike called trail of ten falls. The waterfalls are amazing, you walk behind at least three of them. If you like to hike or experience waterfalls this place is not to be missed. Unfortunately a 15 year ...
by texasdiver
Fri Oct 12, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9556

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

“$1000/month job is worth $300k in retirement funds” Bringing in a $1000 a month would make a huge difference for some people but I would have to question the $300K figure. The math seems straightforward: $1000/month yields $12,000/year=4% withdrawal rate on $300,000 in retirement funds. As for wor...
by texasdiver
Fri Oct 12, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Relaxing in America during this current market drop
Replies: 20
Views: 4136

Re: Relaxing in America during this current market drop

In my early 50s and still buying/saving for at least another 10 years. So every drop in the market is just a buying opportunity. This one was perfectly timed such that the montly 401k contribution went through at close of business yesterday. So it's all good. At least that's what I tell myself. We l...
by texasdiver
Fri Oct 12, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 66
Views: 5980

Re: Just Divorced -- Need Help

You don't want a card that "Looks really freaking cool"

You want the ugliest card you can find, one that you are just embarrased to pull out in public.
by texasdiver
Fri Oct 12, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Can a Person Under 21 Rent a Hotel Room?
Replies: 15
Views: 1502

Re: Can a Person Under 21 Rent a Hotel Room?

Under 18 can be a real problem. But at age 19 you are probably fine. For example, our daughter who was still 17 at the time was in route to college orientation in Arkansas via Texas and my wife was flying out to meet her at DFW and they were going to proceed together by car to Arkansas. Specifically...
by texasdiver
Fri Oct 12, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2682

Re: Pacific Northwest trip

I've spent a great deal of my life living in both the Portland and Seattle areas. We currently live in the Vancouver area, just across the Columbia from Portland. In terms of things to see and do in both states: 1. Oregon has better beaches and coastline access. Washington has higher and more dramat...
by texasdiver
Thu Oct 11, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2424

Re: What would you do with some bulk silver?

If he retained a receipt for purchase he could potentially sell them for a loss. If he has a loss he can deduct up to $3,000 a year in these capital losses against his ordinary income and cary any additional losses forward to use then in future years. I would be astonished if he had receipts going ...
by texasdiver
Thu Oct 11, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Calculating amount needed for SS bridge
Replies: 50
Views: 2896

Re: Calculating amount needed for SS bridge

If you are former military, do you have a TSP account and IRAs or 401k funds that you can roll into the TSP? Right now the TSP G fund which is based on the 10-year treasury note is paying about 3.22% and is only likely to go up in the future. With a 3% return from the TSP G-Fund you'd need to have a...
by texasdiver
Thu Oct 11, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2424

Re: What would you do with some bulk silver?

What does "pass it down" mean to dad? It might mean holding the stuff as is to pass on or it might mean cashing it out and passing on the money. +1. It means most likely to hold it and give it to them one day so they remember their grandfather. I looked at silver prices and they seem pretty mediocr...
by texasdiver
Thu Oct 11, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Considering new Honda Pilot, other suggestions?
Replies: 35
Views: 1867

Re: Considering new Honda Pilot, other suggestions?

Another Portland area resident here. We bought a 2014 Highlander Limited which is when the current body style just came out and have about 60,000 miles on it. We live in a hilly part of the metro area (top of the hill in Camas) and my wife is in medicine so absolutely has to be able to get out on sn...
by texasdiver
Thu Oct 11, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2424

Re: What would you do with some bulk silver?

Then take the lot to a couple of coin dealers to see if any of the coins are interesting and pawnshops for buying quotes and sell to the highest offer. I seriously doubt that there are any coins that are rare or have numismatic value because I know for certain that he bought them all back in the 80...
by texasdiver
Thu Oct 11, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2424

Re: What would you do with some bulk silver?

What does "pass it down" mean to dad? It might mean holding the stuff as is to pass on or it might mean cashing it out and passing on the money. There's no sentimental value. He got caught up in the silver craze in the early 80s (or whenever that was) and bought a bunch. Since then it's just been i...
by texasdiver
Thu Oct 11, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2424

What would you do with some bulk silver?

Not sure if this is a "personal investments" or consumer question. My parents are downsizing in prep for moving into a retirement community and my dad showed up the other day with a box of some bulk silver. Some silver bars and some plastic tubes of old "junk" silver dollars that he bought a LONG ti...
by texasdiver
Thu Oct 11, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: How important is it that dentist is member of ADA?
Replies: 13
Views: 1219

Re: How important is it that dentist is member of ADA?

If dentistry is at all like medicine then not at all. My wife is a family physician and gets almost as many spam mailings from the AMA trying to get her to join as I now get from AARP and AAA since turning 50. None of her colleagues in the HMO she works with are AMA members. She says it's more for t...
by texasdiver
Wed Oct 10, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 19
Views: 2773

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

This article is about the south but I hear similar things to a lesser degree in New England. I have a cousin in Vermont who has what they call "wood lots" up there. Mostly hardwood for lumber and cord wood for sale as firewood. Apparently prices are also way down in the past 20 years for New England...
by texasdiver
Sun Oct 07, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Garage Shelving?
Replies: 28
Views: 2765

Re: Garage Shelving?

I'm on my 4th garage and rather obsessive about these sorts of things. It's not cheap but the best wall-mounted shelving system I have found is called Rhino Shelf and made by some guy in North Carolina. I installed these on all 3 sides of my garage and have an immense amount of stuff stored in plast...
by texasdiver
Sat Sep 29, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 92
Views: 17226

Re: Why Edward Jones?

I live in a small town (< 10k people) within a rural county (< 70k people). We have at least 8 EJ offices (4 of them are in my town, specifically, since we are the hub of the county). People use EJ because they are accessible. You can drive by their office, you can talk to someone face-to-face, and...
by texasdiver
Sat Sep 29, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4499

Re: College Student Performance Issues

Went through something similar with our oldest who is now a college junior and doing well. She was always an average student in HS with mostly Bs in core classes and As in electives so about a 3.4 GPA. Her first semester of college was something of a shock in that you are so much more responsible fo...
by texasdiver
Thu Sep 27, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: Reminder on Keeping an Emergency Fund
Replies: 27
Views: 2903

Re: Reminder on Keeping an Emergency Fund

My wife and I don't have a separate dedicated emergency fund per se. But at upper middle class Americans who manage our money reasonably prudently we certainly have plenty of financial resources that could be employed in an actual emergency. We have lines of credit at 3 different banks. We have a ha...
by texasdiver
Mon Sep 24, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2059

Re: Acoustic Pianos

Hi Bogleheaders. Anyone on here knows about acoustic pianos? We are in the market for a piano and of course the wife likes to buy new so don't even bring up the buy-used topic. We have 2 kids just starting to take piano lessons and we eventually would like to learn as well. So I wonder any brands y...
by texasdiver
Mon Sep 24, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 99
Views: 10171

Re: Side Hustle Options/Suggestions.

OP Here- I already have an MBA in finance. I could take one more class and make it a dual MBA in finance and management. I could also take one more law class and get a certification to try to become a public school finance director, I cant think of the official name of it off the top of my head, wh...
by texasdiver
Mon Sep 24, 2018 6:08 pm
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2059

Re: Acoustic Pianos

Amateur pianist here and parent of 3 kids who have taken many years of lessons over the years. My advice? Buy a decent digital piano as a starter piano. Something mid-range from Kawai or Yamaha like one of these in the $3k range: http://kawaius.com/product/ca58/ Then after a couple of years if you a...
by texasdiver
Mon Sep 24, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Seattle and (Victoria OR Vancouver) next week.
Replies: 25
Views: 1538

Re: Seattle and (Victoria OR Vancouver) next week.

There is no place in the Pacific Northwest that is 100% flat. You have to go to Dallas or Houston to find that. But my own perception is that Vancouver is quite a bit more flat than Seattle, at least in terms of the tourist areas in which you'd be walking around. The downtown area is reasonably flat...
by texasdiver
Sun Sep 23, 2018 11:06 pm
Forum: Personal Consumer Issues
Topic: Seattle and (Victoria OR Vancouver) next week.
Replies: 25
Views: 1538

Re: Seattle and (Victoria OR Vancouver) next week.

I’d stay at Silver Cloud Inn Lake Union in Seattle. Free underground parking, a hotel shuttle on demand to 3 spots downtown Seattle or use the light rail right in front of the hotel. Great restaurants within a block. White Swan Public House is practically across the street, excellent and reasonably...