Search found 45 matches

by BSBHead
Wed Sep 23, 2020 5:05 pm
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 165
Views: 17267

Re: Just Ordered Peloton Bike

A $2000+ bike that doesn't come with pedals? You know, jogging is free and dumbbells are cheap. A decent yoga mat is $40. Why pay for the Peloton? Have you tried to buy dumbbells lately? They've been sold out everywhere since early March. Yeah, dumbbells, barbells, and kettlebells are really hard t...
by BSBHead
Fri Jul 17, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance agent canceled policy on wrong date
Replies: 8
Views: 869

Re: Insurance agent canceled policy on wrong date

The insurance agent has Errors and Omissions Insurance, so shouldn’t be an issue worse case.
by BSBHead
Mon Jun 22, 2020 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Line of credit secured by brokerage account
Replies: 18
Views: 747

Re: Line of credit secured by brokerage account

Understanding the fine print will be helpful. What is the right of set-off rules? Could they give a certain notice (e.g. 30 days) to cancel, which may mean you may have to liquidate proceeds at a time you really don’t want to liquidate? Banks are in and out of securities lending due to regulatory ch...
by BSBHead
Thu May 21, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: Frequency of bike overhaul or tune up
Replies: 29
Views: 1874

Re: Frequency of bike overhaul or tune up

This question is dependent on how much you ride and how much you value performance. An overhaul can be expensive, but effectively they take apart your bike and clean each component part. This certainly prolongs the life of your bike. They degrease and grease hubs, clean drivetrain, etc. A tune-up is...
by BSBHead
Thu Apr 23, 2020 8:59 pm
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 8274

Re: All the upside of the S&P with 10% downside protection "Free"?

I didn’t read closely, but the “no fee” thing is a technical issue I believe as their are derivatives used whose cost does not need to be disclosed per the current regulations. The derivative is on a net basis rather than gross, so the “fee” is the cost of executing the derivative trade, which is 10...
by BSBHead
Tue Apr 21, 2020 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35430

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

Do yourself a favor and do not use BofA. If funded again, try PayPal, many had good luck with them. I followed your advice and used Paypal which took me to loanbuilder.com They are asking for: Business license ( do not have ) Driver's license ( would rather not share ) Also I completed and upload t...
by BSBHead
Tue Apr 21, 2020 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35430

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

I am ready to apply via Bank of America and they are asking: Average Monthly Payroll x 2.5 + EIDL, Net of Advance (if Applicable) Equals Loan Request: Do I put 1000 for EIDL since I am a sole proprietor? Do yourself a favor and do not use BofA. If funded again, try PayPal, many had good luck with t...
by BSBHead
Tue Apr 14, 2020 10:25 pm
Forum: Personal Investments
Topic: Business Banking Account
Replies: 5
Views: 422

Re: Business Banking Account

If you think you’ll ever need a loan, I think a big bank or regional bank. At a minimum, go to a bank that is a certified SBA lender in case a loan needed. Existing relationships have received preferred treatment through the PPP, so take that example into consideration.
by BSBHead
Thu Mar 26, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 455
Views: 77148

Re: Vanguard Municipal Money Market VMSXX 1.39%

Munis have a lag in rates and are thinly traded. Look at MSRB/SIFMA website and you can see volatility of resets. Market investors have been perceiving increasing risk due to unfunded pension liabilities from state/local govt entities resulting from declining equity markets and zero interest rate en...
by BSBHead
Sun Mar 15, 2020 11:49 am
Forum: Personal Investments
Topic: My dad says I should pull out of the market before "they" steal it all
Replies: 113
Views: 8354

Re: My dad says I should pull out of the market before "they" steal it all

He is referring to the heavy hitters on wall street. We were talking about the latest market volatility and he said he is cashing out and suggested that I do the same. He is retirement age and has had an index fund for the last 20 years and not happy with its performance as of late. Fortunately he ...
by BSBHead
Mon Mar 09, 2020 3:15 pm
Forum: Personal Consumer Issues
Topic: mountain bike purchase
Replies: 31
Views: 1381

Re: mountain bike purchase

The way to really get good bang for your buck with bikes is an online, direct to consumer company like YT, Canyon (on the higher end) or Bikes Direct (lower end). These come with some significant drawbacks though, as it's tough to determine sizing, it won't be tuned perfectly out of the box (or re-...
by BSBHead
Fri Feb 14, 2020 9:44 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10699

Re: Thoughts on Charlie Munger's recent comments?

Love Charlie and think he's right on. Still, whether he's 100% right or 100% wrong my portfolio allocation remains focused on the long-term and will not change.
by BSBHead
Fri Feb 14, 2020 7:59 am
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28389

Re: Protection Against Home Intruders

We had a dog chase off intruders one time. That was perfect. My list in order of priority: 1. Dog 2. Security doors - expensive, but impossible to break through 3. Alarm system - for window entries 4. Alarm system signs clearly posted outside 5. Dog bowls outside - even if you don’t have a dog, this...
by BSBHead
Sun Feb 02, 2020 11:16 am
Forum: Personal Consumer Issues
Topic: What's the difference between Uber and Lyft?
Replies: 63
Views: 5477

Re: What's the difference between Uber and Lyft?

Based on my N=1 1. Uber has more drivers in my city, so the wait to get a car seems better. This could be different by city. 2. Lyft charges you for the ride and tip in a single transaction, whereas Uber often separates ride and tip in separate transaction. This makes Uber a bit more of a pain for b...
by BSBHead
Thu Jan 23, 2020 11:09 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 28595

Re: Sad news: LadyGeek's husband has passed

So sorry. May he rest in peace.
by BSBHead
Sat Jan 11, 2020 12:04 pm
Forum: Personal Consumer Issues
Topic: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?
Replies: 75
Views: 6433

Re: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?

I'm so sorry this happened. Never fun. For what it's worth, the price quoted seems very inexpensive for a sewer line compared to where I live. Quotes in my area are $10-20k. For what it's worth, I had similar disclosure issues when I bought my current house. The seller broke the beautiful one of kin...
by BSBHead
Mon Jan 06, 2020 10:20 pm
Forum: Investing - Theory, News & General
Topic: Why lack of bonds in Target Date Funds?
Replies: 61
Views: 4565

Re: Why lack of bonds in Target Date Funds?

Various sources are pretty consistent with how much of your portfolio should be in bonds vs your age. The recommendation from shows such as Cramer/Wealthtrack and the Bogleheads Wiki itself suggests that after age 40+ the bonds should be around 15-40% depending on risk tolerance. However, when I ch...
by BSBHead
Mon Dec 30, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: CFA confidentiality
Replies: 48
Views: 2936

Re: CFA confidentiality

You should consider filing a complaint with FINRA based on your two posts about EJ.
by BSBHead
Fri Oct 18, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuyer wants me to do a 1031 exchange. Um, what?
Replies: 81
Views: 9170

Re: Homebuyer wants me to do a 1031 exchange. Um, what?

I'm selling a home. It's under contract and we are supposed to close in about a week. Today the buyer said he wants me to sign an "Exchange Addendum" which states that he intends to purchase the home as structured under Section 1031 of the Internal Revenue Code. Even after some googling, ...
by BSBHead
Tue Jul 16, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 226
Views: 43684

Re: Cash - Throw it all on the table!!!

This thread made me feel better as nobody has a good answer. I keep 1-3 months of expenses in checking/savings. But my fixed income/cash position is really tied up in VMMXX.
by BSBHead
Wed Jun 26, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]
Replies: 17
Views: 3664

Re: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]

I'm not a physician, but I've worked with FQHC's in my past. As FQHC's are non-profits, you can pull salary info from director level physicians from their IRS Form 990's on Guidestar (sign up for a free account). Look up the name the FQHC and look in section 7 (I believe) and you'l see what the high...
by BSBHead
Mon Jun 24, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 5755

Re: Triage in ER - charged $790

You need to pay it and move on with your life. ER clinicians have zero information about you and don't know if you are even telling them anything with accuracy, so yes, they need to confirm you aren't going to die. What if you left before seeing them and died later - might that have been worse than ...
by BSBHead
Fri Jun 14, 2019 7:35 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 382
Views: 49163

Re: How Bad was 2008, really?

I think 2008-09 hit from multiple angles. The decline in the market wasn't the biggest concern more generally. The bigger concern more broadly was job lay offs combined with a dramatic decline in value in housing in most markets. When you combine that with stock market declines and general economic ...
by BSBHead
Wed May 15, 2019 8:55 pm
Forum: Investing - Theory, News & General
Topic: Socially Responsible [Investing]
Replies: 58
Views: 4515

Re: Socially Responsible [Investing]

Having seen this play out in the institutional space, I think the hardest thing to figure out is what is socially responsible? I get big tobacco, guns, and oil & gas, but what about companies that pay their employees significantly lower than average or have a big carbon footprint (e.g. airlines)...
by BSBHead
Wed May 15, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Bank called my business manager
Replies: 49
Views: 5701

Re: Bank called my business manager

I suspect this is due to two separate issues. The check hold is confirm your employer checked clears. I'm sure they gave you the standard hold language as check clearing can vary. A check from a large national bank deposited into your large national bank account will clear quickly as the depositing ...
by BSBHead
Wed Apr 17, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 15086

Re: Job Offer Evaluation - FANG

What title did they offer you? 10 days PTO sounds oddly low for a FANG. I can rule out Netflix and Amazon based on the RSU package. That leaves Facebook and Google, neither of which has a PTO policy that anemic for FTEs. Is this an offer for a software engineer position? If so it sounds on the low ...
by BSBHead
Mon Apr 15, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing within corporation
Replies: 3
Views: 609

Re: Interviewing within corporation

I switched to a modestly higher paying meaningfully greater hour job in 2005. My job before was great, steady, and offered awesome work/life balance. New job was challenging and I really had to put in time. Fast forward to today. Most of old friends from my prior job are basically in the same job. I...
by BSBHead
Mon Apr 15, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 19375

Re: Bogleheads, why won't anyone hire me?

Re: Healthcare administration. I think one path in would be through a revenue cycle department of a hospital. They typically are involved in claims adjudication with patients/insurance companies and patient customer experience. It's typically a call center structure so fairly entry level, but it wou...
by BSBHead
Mon Apr 01, 2019 9:11 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 4303

Re: Safe way to "bet" against LYFT?

Fun post given the discussion on self driving cars. From a investor perspective, I have zero idea who will win the ride sharing game, but agree that it's all about autonomous driving cars. I think the barriers to entry on ride sharing are weirdly low and future competition for Lyft exists from a lot...
by BSBHead
Wed Mar 13, 2019 3:04 pm
Forum: Personal Investments
Topic: I want to leave Vanguard
Replies: 71
Views: 6790

Re: I want to leave Vanguard

I got that penalty for freeriding once. It was my fault. As I recall, one of those annoying screens came up to tell you you’re doing something wrong, but I ignored it. It was painful, and wasn’t a mistake I made a second time. Sorry, but that’s not Vanguard’s rule, and you would be in the penalty b...
by BSBHead
Sat Feb 09, 2019 1:26 pm
Forum: Investing - Theory, News & General
Topic: How "Safe" is Your Bond Fund?
Replies: 43
Views: 4795

Re: How "Safe" is Your Bond Fund?

While I think there are other risks, the same risks that took down the active bond funds have been mitigated. First, bond insurance backing many of these short-term bond issuances does not exist. Ambac, MBIA, etc. are gone as a result of the crisis. The credit quality of the underlying securities wa...
by BSBHead
Sat Jan 26, 2019 7:33 pm
Forum: Investing - Theory, News & General
Topic: Why don't good ideas beat the market?
Replies: 33
Views: 3123

Re: Why don't good ideas beat the market?

Why don't good ideas beat the market? Because the market is already aware of the good ideas and has already taken them into account. Good ideas only really work when they are not known by others. Many good ideas involve more risk. Many good ideas are only good ideas when back-tested, not going forw...
by BSBHead
Fri Jan 25, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating DayCare Fees
Replies: 70
Views: 4291

Re: Negotiating DayCare Fees

For $2500 a month, you could hire a nanny for a year or 2, then when baby1 is in 'regular' school, baby 2 can attend a day care. Does a nanny teach them math, science, sign language, mandarin, cook organic GMO free food for them, manners and etiquette, how to share/play with others, they even do pu...
by BSBHead
Sun Jan 20, 2019 4:12 pm
Forum: Investing - Theory, News & General
Topic: Why I left Wealthfront
Replies: 72
Views: 25879

Re: Why I left Wealthfront

I’ve been somewhat conflicted when it comes to Wealthfront and the other Robos. Investing is an incredibly confusing subject and the market/marketing at large does not exist to make things easier for the average person. Wealthfront is investing untold resources and marketing to introduce and educat...
by BSBHead
Sat Jan 19, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3762

Re: Son moving to Denver from California

My son drives a Kia Sportage AWD. Does he need to get snow tires for the winter? He is moving there next month. He will be commuting from Denver to Boulder daily. If he's just commuting, then it's only going to be a handful of days where snow tires will be necessary. Hopefully, he can work from hom...
by BSBHead
Thu Jan 03, 2019 10:37 pm
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 92
Views: 8443

Re: Anyone here major in Economics in college?

Can she double major? Maybe Economics for the theory and Finance/Accounting for the skills? I'm guessing there would be overlap in coursework.
by BSBHead
Sat Dec 22, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Employer asking me to move my brokerage account
Replies: 30
Views: 3628

Re: Employer asking me to move my brokerage account

My company asked me to do the same thing and limited us to several brokerage firms. In addition, I have to pre-clear any stock purchase (other than 401k, ETF's, mutual funds, or CD's) or sale prior to making the transaction. And that pre-clearance is actually only for the same day, so if your trade ...
by BSBHead
Fri Dec 14, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 7289

Re: Should I buy a Tesla?

I think you can afford it, but the better question is where are you getting a Tesla for $40,000? I’m assuming it’s used for that price. How old and how many miles does it have? Model 3 after incentives its $38,700. I don't think you can get the mid-range batter pack for under $40k after incentives....
by BSBHead
Wed Dec 12, 2018 9:41 pm
Forum: Personal Investments
Topic: Corporate Bond Investing Strategy
Replies: 28
Views: 1890

Re: Corporate Bond Investing Strategy

Corporate bonds have had a nice bull run and issuance the past few years has been at record levels, so my own view is not optimistic. I think looking at duration is more important than anything in looking at bonds at the moment as there will be a glut of corporate bond maturities in the next few yea...
by BSBHead
Sun Dec 09, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Another Roth vs. Traditional question
Replies: 29
Views: 1846

Re: Another Roth vs. Traditional question

And to clarify my points above, I think your age makes a difference in how to "tilt" Roth v. Traditional 401k. There is more certainty about the points I raise if you are closer to retirement. For those of us 20-30 years out, I think diversifying your tax strategy is not dissimilar to a pa...
by BSBHead
Sun Dec 09, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Another Roth vs. Traditional question
Replies: 29
Views: 1846

Re: Another Roth vs. Traditional question

I've long debated this and believe the right approach is a mix between Roth and Trad 401k is best bet as it is a non-bet. Reasons are: (1) Tax rates: Who knows about where tax rates will be when we retire. My brain trap tells me they will be higher than expected due to entitlement costs and other bu...
by BSBHead
Thu Nov 15, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: What convenience fees does your city charge for credit card use?
Replies: 40
Views: 2307

Re: What convenience fees does your city charge for credit card use?

Unipay is probably a payment aggregator using its payment gateway to access the Visa/MC network. I'm sure there is a rebate back to the City. Not sure about my city, but our state charges a 2.5% fee for credit cards, which is approximately equal to the interchange fees charged by the card networks. ...
by BSBHead
Wed Nov 14, 2018 10:07 pm
Forum: Personal Investments
Topic: Looking to invest 80k for 3-5 years
Replies: 12
Views: 1870

Re: Looking to invest 80k for 3-5 years

Just to add on here. Prime MM funds do not necessarily price in all expected future interest rate increases. If you watch the day-to-day movements during this increasing rate cycle, the funds gradually increase to the anticipated Fed Funds day that rates are set and then adjust for the difference on...
by BSBHead
Sun Nov 11, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 4585

Re: International Travel during Maternity/Paternity

I think you should have the baby first before making plans. Our kid had a lung issue that was discovered a few weeks post birth requiring a fair bit of time in the NICU, so I'm guessing you'd prefer to address this in the U.S. near home v. in a foreign place where your health insurance might cover a...
by BSBHead
Sun Nov 11, 2018 1:05 pm
Forum: Personal Investments
Topic: Reverse Mortgage
Replies: 17
Views: 2204

Re: Reverse Mortgage

My grandfather took one out in the early 90's to pay for some medical costs. More or less accrued at 8-10% rate, so interest ate up equity value quickly and when we sent him to assisted living, reverse mortgage value was $300k v. a house worth $150k. It was an easy decision to turn in the keys when ...