Search found 59 matches

by canon_shooter
Tue Oct 15, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Solar Installation - 0.75 Year Later
Replies: 72
Views: 9750

Re: Solar Installation - 0.75 Year Later

Shans, I have micro inverters for every one of my 22 panels. I ran an experiment last year where I left 2 of the panels uncleaned. That is, every year I get on the roof and clean the panels with a soft brush except for 2. The panels I was testing get equal solar illumination. I found a 5% difference...
by canon_shooter
Sun Oct 13, 2019 12:16 am
Forum: Personal Consumer Issues
Topic: Solar Installation - 0.75 Year Later
Replies: 72
Views: 9750

Re: Solar Installation - 0.75 Year Later

My system data for the SF Bay Area (San Jose). One unanticipated benefit on my part was the savings on gas as we purchased an EV after the solar was installed. After 25K miles I've saved about 4K on gas. This significantly reduces payback time. I was able to deduct sales tax by getting an estimate o...
by canon_shooter
Tue Oct 08, 2019 6:26 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7724

Re: Should I sell or keep my 5 year old depreciated Tesla

Dilemma, since buying it I have changed my philosophy on expensive cars. To cut to the chase, as most others have stated, the least expensive thing you can do right now is keep the Tesla. You've not only paid for it already, but the long term expenses are FAR less expensive in terms of gas mileage ...
by canon_shooter
Mon Oct 07, 2019 1:31 pm
Forum: Personal Investments
Topic: Vanguard Advisor Service
Replies: 4
Views: 669

Re: Vanguard Advisor Service

Mo, I agree with previous writer that your wife would probably have to break with her current advisor otherwise he'll just encourage her to move all the funds to him (or her). Probably can provide more advice and the level of urgency around your question if you can share more info on what they charg...
by canon_shooter
Tue Dec 18, 2018 7:28 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 6763

Re: Should I buy a Tesla?

PL Ah...now I see why this conversation has gone all over the place (e.g. reliability, value etc). You state but my #1 reason for purchasing the Tesla is the autopilot , but your original post doesn't state this. For autopilot the Tesla is clearly the winner and there are many reviews on this topic ...
by canon_shooter
Mon Dec 17, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 6763

Re: Should I buy a Tesla?

Hey PL, I remember being 26 a long long time ago. Buying a car is similar to making the decision as to whether to retire or not; at least there are many similarities. On one end of the spectrum it's an emotional decision and on the other end it's a financial decision. I can see that you are torn bet...
by canon_shooter
Mon Dec 17, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: Nice gifts for young kids
Replies: 33
Views: 2797

Re: Nice gifts for young kids

Highly recommend checking out fatbraintoys.com. I've got lots of gifts for the grandkids and they are all hits. They are all about quality toys which are fun, safe and won't kill you or the kids. Magna magnets are a bit hit for kids and adults. We picked up some at Costco for significantly less than...
by canon_shooter
Fri Dec 07, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Vanguard advice
Replies: 22
Views: 3560

Re: Thoughts on Vanguard advice

Wow. The DFA Target Fund 2020 is about 80% TIPS. As you say, there are many views of TIPS in the addition to an asset allocated portfolio. I'd point out that nedsaid While this fund, Vanguard Managed Payout VPGDX is not perfect, it has been recommended as a way to guarantee 4% return, perhaps worth ...
by canon_shooter
Thu Dec 06, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Vanguard advice
Replies: 22
Views: 3560

Re: Thoughts on Vanguard advice

Friar - It was clear from my conversation with them (and as pointed out in the comments on this post), that PVAS serves two purposes: 1. To generate revenue to Vanguard. The fee is non trivial at .3%/year. I figured that I could do the asset allocation myself. And, there are many ways to Dublin as t...
by canon_shooter
Thu Dec 06, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Vanguard advice
Replies: 22
Views: 3560

Re: Thoughts on Vanguard advice

To retire2022 - fascinating information from Morningstar! They too recommend TIPS. Perhaps there is more to TIPS in an asset allocated portfolio than meets the eye. I'd be interested to see how a TIPS addition would do when compared to a 3 Fund solution or other models. Clearly both Vanguard and Mor...
by canon_shooter
Wed Dec 05, 2018 3:13 am
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2676

Re: Looking for a nice travel watch... recommendations?

I travel a lot and would never wear an expensive watch. I've heard too many horror stories about theft. Why would you want to risk yourself and/or others getting hurt in a robbery? I recommend keeping your purchase less than $200 so if you lose it you won't cry. I like my Timex Ironman and wear it e...
by canon_shooter
Wed Dec 05, 2018 1:28 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Vanguard advice
Replies: 22
Views: 3560

Re: Thoughts on Vanguard advice

Yes, I am retired. I did not come to a conclusion on why the target fund was offering TIPS other than, to perhaps appear to be 'not too aggressive' and 'cover all bases'. Overall, their personal advice to me for the portfolio was similar to what I have: 50/50 stock/bond 21% US large cap, 9% US mid/s...
by canon_shooter
Tue Dec 04, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Vanguard advice
Replies: 22
Views: 3560

Thoughts on Vanguard advice

I have a 1M plus portfolio asset allocated at Vanguard and was eligible for a 'free' portfolio review and thought what the heck, I'd go for it and listen to the feedback of the professional advisors. I generally follow the asset allocation of their VTXVX (2015 target retirement fund) with total Bond...
by canon_shooter
Tue Dec 26, 2017 2:05 pm
Forum: Personal Investments
Topic: Questions on Health Savings Account
Replies: 4
Views: 959

Re: Questions on Health Savings Account

Are the monthly payments consider 'medical expenses' when it comes to filing taxes. So that I could declare 6K as medical expenses on my 1040? The 'monthly payments' to which I refer are the insurance premiums. So, if I understand you correctly, insurance premiums are not deductible in one's tax pa...
by canon_shooter
Mon Dec 25, 2017 10:48 pm
Forum: Personal Investments
Topic: Questions on Health Savings Account
Replies: 4
Views: 959

Questions on Health Savings Account

Hi, I'm 63 and retired, and covered for medical from the employer from which I retired. I have some questions which I can't seem to find answers: * My medical comes from Kaiser Permanente in California and my employer pays some amount (it's not shared with me) to Kaiser. I pay about $500/month to my...
by canon_shooter
Tue Sep 05, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: Book Recommendations: Nutrition / Psychology
Replies: 28
Views: 3475

Re: Book Recommendations: Nutrition / Psychology

I suggest you be more specific on what aspect of nutrition interests you so the answers can be more focused to your needs. However, the recommendations here have been very good: 1. It's not that complicated as has been stated. Eat real food, eat often but small sizes, avoid sugar, fat, salt, and eve...
by canon_shooter
Tue May 30, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 45700

Re: Tesla Model 3 or Chevy Bolt?

Sandi wrote: I'd be tempted to lease one for my 100-mile RT commute, but I'd put too many miles on it. I'm curious Sandi, an EV seems to be perfect for a 100 RT commute and you have to put the miles on some car assuming you are driving so what's the downside of putting too many miles on it? Do you a...
by canon_shooter
Tue May 30, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 45700

Re: Tesla Model 3 or Chevy Bolt?

I decided to purchase a Premier Bolt in early April 2017 vs a Tesla (S or 3) for the following reasons (and I'm happy with the decision): * I needed a 2nd car now as the existing car had given up the ghost. I did not want to wait for the 3 as it had 400K people on the waiting list with deliveries in...
by canon_shooter
Wed Apr 12, 2017 2:29 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 45700

Re: Tesla Model 3 or Chevy Bolt?

Just went through the analysis and am looking for a reason to be talked into the S. I'd love to have a Tesla, but frankly, I can't rationalize paying literally twice the value. The Bolt Premier is about 40K MSRP after shopping around (minus the fast charger at 750). The S is about 75K+ new, or 60K u...
by canon_shooter
Fri Feb 24, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Tax info from Vanguard to Turbo Tax
Replies: 14
Views: 1692

Re: Tax info from Vanguard to Turbo Tax

I was never able to download my brokerage trust data from VG to TT. I called both and they finger pointed at each other so I entered the data manually which was annoying. All the Mutual Fund data transferred just fine and for all other accounts (Schwab etc) I had no problems with importing. I had th...
by canon_shooter
Tue Nov 22, 2016 10:40 pm
Forum: Personal Investments
Topic: Guidance needed on IRAs/RMDs/Roths - Plan of Action
Replies: 23
Views: 3022

Re: Guidance needed on IRAs/RMDs/Roths - Plan of Action

After a lot of analysis, I am fairly confident in the following: * Wait until 70 for SS benefits * Convert 100k/yr from tIRA to rIRA & pay the taxes out of my after tax account. Each year a separate Roth in case of recharacterization. * Pay my living expenses out of my after tax account * Overall ob...
by canon_shooter
Mon Nov 21, 2016 3:43 am
Forum: Personal Investments
Topic: Wealth advisory services
Replies: 68
Views: 8303

Re: Wealth advisory services

While I don't have the assets that you do, I've gone through some similar experiences and wanted to share some observations (some of which have been expressed by others). You don't need the one stop shop. It's expensive and you will learn, unnecessary as a DIY type of guy. But you do and will need i...
by canon_shooter
Fri Oct 07, 2016 6:07 pm
Forum: Personal Investments
Topic: Guidance needed on IRAs/RMDs/Roths - Plan of Action
Replies: 23
Views: 3022

Re: Guidance needed on IRAs/RMDs/Roths - Plan of Action

You can only convert tIRA holdings to Roth directly. If you withdraw it, you can't put it in a Roth. Thanks for the clarification. I was wondering about that. I'm sure that it would have become clear in Lange's book recommended here, and that I have on deck to read on my plane flight, but it's good...
by canon_shooter
Thu Oct 06, 2016 11:52 am
Forum: Personal Investments
Topic: Guidance needed on IRAs/RMDs/Roths - Plan of Action
Replies: 23
Views: 3022

Re: Guidance needed on IRAs/RMDs/Roths - Plan of Action

Wagnerjb wrote You have 8 years before RMD and Social Security. For two years (2017 and a later year), I would realize $90-100k in capital gains. After itemized/standard deductions and the personal exemptions, you will pay $0 in tax. For those two years, I would use your after-tax money for your $15...
by canon_shooter
Sun Oct 02, 2016 2:24 am
Forum: Personal Investments
Topic: Guidance needed on IRAs/RMDs/Roths - Plan of Action
Replies: 23
Views: 3022

Re: Guidance needed on IRAs/RMDs/Roths - Plan of Action

Hi, When you say Use the after-tax money to pay the taxes. are you saying that I should pay the taxes on the IRA->Roth conversion out of my non-IRA money? I think you are saying this, but want to make sure. I am just ramping up on Roth IRA knowledge and would like to know if I can pay taxes on the c...
by canon_shooter
Sun Oct 02, 2016 12:38 am
Forum: Personal Investments
Topic: Guidance needed on IRAs/RMDs/Roths - Plan of Action
Replies: 23
Views: 3022

Guidance needed on IRAs/RMDs/Roths - Plan of Action

Hi, My situation is that both my wife and I are 62 yrs old and retired. We have sizable assets detailed below, and what I am looking for is some feedback on how to minimize my taxes given the considerations of Social Security, IRA RMDs and other factors of which I’m unaware. I’m looking for road map...
by canon_shooter
Sat Sep 17, 2016 2:39 am
Forum: Personal Finance (Not Investing)
Topic: Lending money to son
Replies: 21
Views: 2851

Re: Lending money to son

Excellent feedback. I'm off on vacation for a week and will consider all the thoughtful responses. The good thing is I don't have to decide anything right now so I'll just keep it that way. thanks.
by canon_shooter
Fri Sep 16, 2016 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Lending money to son
Replies: 21
Views: 2851

Lending money to son

My son, who is now 30 is fine young man, married, with 1 son (3). He is studying in the medical field and will be completing his schooling May of 2017. I have the means to lend him money and I have done so for the past 3 years for his schooling. The amount I’ve lent him (150K) has no impact on my ab...
by canon_shooter
Sat Sep 03, 2016 7:48 pm
Forum: Investing - Theory, News & General
Topic: Social Security Consulting?
Replies: 26
Views: 3908

Re: Social Security Consulting?

Next stops, Lange's book and to visit the calculators mentioned. And, I thought that looking into SS was going to be pretty straightforward. HA! It opened up an important topic for me which was to devise a plan for the withdrawals of assets from my IRAs, Roths, taxable accounts and taking into accou...
by canon_shooter
Sat Sep 03, 2016 3:20 pm
Forum: Investing - Theory, News & General
Topic: Social Security Consulting?
Replies: 26
Views: 3908

Re: Social Security Consulting?

We were not 62 at the beginning of the year so can't take advantage of the restricted application. We do have substantial amounts in our IRAs (7 figures). There is a lot of food for thought in all your posts (thanks). I think my plan of attack is to do some modeling: * What is my current tax rate * ...
by canon_shooter
Fri Sep 02, 2016 9:01 pm
Forum: Investing - Theory, News & General
Topic: Social Security Consulting?
Replies: 26
Views: 3908

Re: Social Security Consulting?

BL - Thanks for pointing me to Mike Piper's book! It was exactly what I needed to get started and become informed. Mike, thanks for writing it and responding to my posts. Best $5 I have spent in a long time. I so much better understand the landscape. Before I share my scenario I will let you know my...
by canon_shooter
Thu Sep 01, 2016 11:05 pm
Forum: Investing - Theory, News & General
Topic: Social Security Consulting?
Replies: 26
Views: 3908

Re: Social Security Consulting?

Oblivious: Perhaps it the glass of wine, but the definitions are obtuse to me. Yes, I am talking about the earnings test. Are you saying that distributions from IRAs do not count as earned income? Is that true for dividends as well (from a taxable account)? RGS92: Why should I delay as long as possi...
by canon_shooter
Thu Sep 01, 2016 9:50 pm
Forum: Investing - Theory, News & General
Topic: Social Security Consulting?
Replies: 26
Views: 3908

Social Security Consulting?

Hi, I recently turned 62 and have been looking into SS benefits. I understand many of the factors that go into the 'when do I take SS' but I'm thinking that I'd like to find a SS consultant to discuss my situation for an hour or two. My reasoning is that the laws change, there are tax considerations...
by canon_shooter
Mon Apr 13, 2015 1:45 am
Forum: Personal Consumer Issues
Topic: Password manager recommendations?
Replies: 86
Views: 14648

Re: Password manager recommendations?

I use lastpass and love it. It is free for desktop systems which is where I spend most of my time. They charge if you want to use it on a mobile platform, but it's not much. It does store 'forms' so it does store my credit card info as well and auto fills in forms which request the info. Whatever sy...
by canon_shooter
Sun Feb 08, 2015 2:47 am
Forum: Personal Finance (Not Investing)
Topic: Lending money to family - I can't say no
Replies: 82
Views: 8399

Re: Lending money to family - I can't say no

When I worked in the hitech industry, and had to take many classes on working and managing others, there was one piece of advice that I remember and use frequently even now. That advice is to be: Direct - get to the point. "I'm willing to lend you X thousand dollars for financial counseling, but tha...
by canon_shooter
Thu Feb 05, 2015 3:46 am
Forum: Investing - Theory, News & General
Topic: Is it time to give-up on TIPS?
Replies: 160
Views: 31935

Re: Is it time to give-up on TIPS?

Is the discussion on TIPs the same if one holds them via direct ownership (outright purchase say via Treasury Direct) or through a mutual fund such as VAIPX? I understand that one can loose value in the NAV buy holding a fund if the inflation rate declines. But, if you hold the TIPs directly with th...
by canon_shooter
Wed Feb 04, 2015 9:53 pm
Forum: Personal Consumer Issues
Topic: Approaching 50...What to expect?
Replies: 113
Views: 19335

Re: Approaching 50...What to expect?

Currently 60.2 yrs old. I second the comments on health, developing outside interests and friends, and the catchup contributions to your IRA. My financial planner who has seen and has hundreds of clients shared the following with me when I joined him. He said that the one thing he encourages his cli...
by canon_shooter
Mon Feb 02, 2015 8:25 am
Forum: US Chapters
Topic: San Francisco Bay Area Bogleheads?
Replies: 21
Views: 7673

Re: San Francisco Bay Area Bogleheads?

I'd be interested as well in meeting in the South Bay Area (Palo Alto down to San Jose). The previous Bay Area forum is not active. I am very busy right now and won't be available till mid-March, but anytime after that would be willing to put a bit of work into helping pull together a meeting. I am ...
by canon_shooter
Tue Jan 27, 2015 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 505
Views: 133790

Re: Anyone regret paying off mortgage early?

I agree with the poster who said "one size does not fit all". It really does depend. For example, if you know you will be moving in a few years to upgrade your house or maybe a job transfer, I could see having the extra cash available as a benefit. Or maybe you are planning to startup a business and...
by canon_shooter
Tue Jan 27, 2015 1:16 am
Forum: Personal Finance (Not Investing)
Topic: Flagship financial planner advice?
Replies: 54
Views: 6711

Re: Flagship financial planner advice?

Hi, Just last week I went through a review of my portfolio with a VG CFA. I'll try and add some additional insight which has not been brought to light here. But, before that, the 'punch-line' was a balanced portfolio of pretty much my age in bonds, the remainder in equities and about 2/3 of each in ...
by canon_shooter
Mon Jan 26, 2015 12:27 am
Forum: Personal Investments
Topic: Currently retired - My investigation so far Part II (final?)
Replies: 4
Views: 1754

Re: Currently retired - My investigation so far Part II (fin

Hi, I think I have settled on a portfolio as shown below. Feedback welcome. Regarding DNH's comments on RMDs, my thinking is that I would rather not pay taxes now for a couple of reasons: 1. The taxes I pay now would be money that is not working for me and money which I may need (though I don't expe...
by canon_shooter
Sun Jan 18, 2015 2:29 am
Forum: Personal Investments
Topic: Currently retired - My investigation so far Part II (final?)
Replies: 4
Views: 1754

Currently retired - My investigation so far Part II (final?)

This is the second part of my investigation towards a diversified portfolio that meets my needs. I've seen a fair number of posts on other topics where experienced posters have asked people to share their learnings so others may benefit. So, in that spirit, this is where I am at and the kind of clar...
by canon_shooter
Wed Jan 07, 2015 2:00 pm
Forum: Personal Investments
Topic: Asset Allocation within the fixed portion for retired person
Replies: 8
Views: 1410

Re: Asset Allocation within the fixed portion for retired pe

In my research on fixed income I came across a site: http://whitecoatinvestor.com/150-portfolios-better-than-yours/ Which has the best summary of various portfolio models that I've seen including a good synopsis of each which folks might find interesting. Here is an example of one such portfolio "Po...
by canon_shooter
Tue Jan 06, 2015 1:13 pm
Forum: US Chapters
Topic: First Meeting of '13 for San Francisco/Bay Area/San Jose/
Replies: 10
Views: 2828

Re: First Meeting of '13 for San Francisco/Bay Area/San Jose

Are there any BH groups in the San Jose/San Francisco area?
by canon_shooter
Mon Jan 05, 2015 3:24 am
Forum: Personal Investments
Topic: Asset Allocation within the fixed portion for retired person
Replies: 8
Views: 1410

Re: Asset Allocation within the fixed portion for retired pe

Ralph, So how do you approach your fixed asset allocation? What percentage of your fixed is Tips and why did you make that decision? Also, it sounds like you are making timing decisions regarding Tips versus rebalancing and I was wondering if you would share your decision making process? If you are ...
by canon_shooter
Mon Jan 05, 2015 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Switching to Schwab
Replies: 33
Views: 4747

Re: Switching to Schwab

I've been with Schwab for 10 years and have been very happy with them for what I needed. They are very responsive, friendly and dependable for both the banking and market side of their business. The folks in their offices have been excellent as well when we have dealt with them. I don't believe Vang...
by canon_shooter
Sun Jan 04, 2015 10:56 pm
Forum: Personal Investments
Topic: Asset Allocation within the fixed portion for retired person
Replies: 8
Views: 1410

Asset Allocation within the fixed portion for retired person

Hi, I continue my investigation into an asset allocation model in which I would be comfortable. And, on the equity side I am comfortable with the Coffeehouse model or the 4 core model (excluding the fixed side which is the nature of the question). My question has to do gaining a better understanding...
by canon_shooter
Sun Jan 04, 2015 4:02 pm
Forum: Personal Consumer Issues
Topic: Paper Statements
Replies: 68
Views: 5635

Re: Paper Statements

Basically I agree with Dandi. After going through many 'systems' of tracking and losing email statements or having them buried in other emails from the financial institution. I finally settled on going all paper. When the statement comes in, I put it in a binder for that year. All my statements end ...
by canon_shooter
Wed Dec 24, 2014 6:28 pm
Forum: Personal Investments
Topic: Currently Retired - my investigation so far
Replies: 1
Views: 869

Currently Retired - my investigation so far

Hi, I thought I'd share my investigation towards a diversified portfolio that meets my needs. I've seen a fair number of posts on other topics where experienced posters have asked people to share their learnings so others may benefit. So, in that spirit, this is where I am at and the kind of clarity...