Search found 75 matches

by EnjoyTheJourney
Fri Mar 13, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Learning about Bill Pay, having difficulty with one payee
Replies: 1
Views: 236

Learning about Bill Pay, having difficulty with one payee

Most bill pay payments via online bill pay go very well. There is one exception. A mortgage servicing company is set up to default to electronic payment via our credit union. But, when I phoned their customer service the mortgage servicing company made it clear that they don't accept electronic paym...
by EnjoyTheJourney
Fri Mar 13, 2020 6:43 am
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 308
Views: 21785

Re: International is in meltdown

There's probably a soft cap on the percentage of the global value of stocks that any nation can have. With the US economy making up roughly 1/4 of the global economy, it seems highly improbable that US stocks can outperform international forever^. That alone makes international worth considering as ...
by EnjoyTheJourney
Thu Mar 12, 2020 4:27 pm
Forum: Investing - Theory, News & General
Topic: "Here We Go Again!"
Replies: 29
Views: 6288

Re: "Here We Go Again!"

I really liked the article.

I forwarded it on to a few people whom I really care about.
by EnjoyTheJourney
Sun Mar 01, 2020 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Credit report confusion - missing CC, plus 3 different versions of my name, all with a unique Name ID #
Replies: 4
Views: 213

Re: Credit report confusion - missing CC, plus 3 different versions of my name, all with a unique Name ID #

Name variations don't matter. How new is the account that isn't reporting on one of the bureaus? The CC not reported is about 20 years old. We stopped using it years ago, but it is still open. A reason to add it would be to tweak our average credit age and get a slightly higher FICO score. Does not...
by EnjoyTheJourney
Sun Mar 01, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Credit report confusion - missing CC, plus 3 different versions of my name, all with a unique Name ID #
Replies: 4
Views: 213

Credit report confusion - missing CC, plus 3 different versions of my name, all with a unique Name ID #

I have a credit card not included in my list of accounts on my credit report with one of the credit bureaus (accessed through annualcreditreport.com). There are no other errors, except for perhaps one, which is that I see three different versions of my name, each with their own unique Name ID #. The...
by EnjoyTheJourney
Sat Feb 29, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: Re-assessing risk tolerance if near/in retirement
Replies: 50
Views: 2453

Re: Re-assessing risk tolerance if near/in retirement

It wouldn't be surprising if your risk tolerance changes over time. When you're near retirement and you'd rather not have the volatility of markets add more years spent working to your "to do" list, your risk tolerance might (understandably) decline. It's probably better to realign your asset alloca...
by EnjoyTheJourney
Sun Feb 23, 2020 9:57 am
Forum: Personal Finance (Not Investing)
Topic: We are where we are?
Replies: 35
Views: 3558

Re: We are where we are?

You've reached a place financially in which new additions to your retirement accounts don't bump up your funds by a substantial percentage, you're not quite where you'd like to be financially, and you're ready to move on from your jobs. This is the kind of "first world problem" that a lot of relativ...
by EnjoyTheJourney
Sun Feb 16, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Very basic questions about tax filing when we have an IRA transfer to an employer 403b account and we open Roth IRAs
Replies: 3
Views: 224

Very basic questions about tax filing when we have an IRA transfer to an employer 403b account and we open Roth IRAs

I'm currently doing 2019 taxes, but with two new-for-us wrinkles this time around. There are a lot of potential complications that do not apply. Thus, efforts to search for the answers I was seeking amounted to sifting through large amounts of information not really relevant to addressing the very s...
by EnjoyTheJourney
Thu Feb 06, 2020 9:56 am
Forum: Personal Investments
Topic: Accounts owned by two young US citizen sons - If we abroad, how complicated do things get?
Replies: 4
Views: 660

Re: Accounts owned by two young US citizen sons - If we abroad, how complicated do things get?

It seems far simpler to put their money into the name of myself or my spouse when we move abroad. Which is what we'll do.

Thank you for your replies!
by EnjoyTheJourney
Sun Feb 02, 2020 4:54 pm
Forum: Personal Investments
Topic: Accounts owned by two young US citizen sons - If we abroad, how complicated do things get?
Replies: 4
Views: 660

Accounts owned by two young US citizen sons - If we abroad, how complicated do things get?

We have bank accounts in our two sons' names, even though they're young. Basically, we put the money gifts received for them into their accounts. The amount in their accounts is noticeable even at their current young age (not FIRE level or even close, but noticeable). My first thought is to take the...
by EnjoyTheJourney
Mon Jan 13, 2020 9:38 am
Forum: Personal Consumer Issues
Topic: Medical Billing, is this typical?
Replies: 51
Views: 4839

Re: Medical Billing, is this typical?

I've learned to ask questions both before services are performed and after any surprise bill is received. One recent case in point ... We received a surprise bill of about $2,500 recently for a test which I had phoned ahead of time to confirm was covered and didn't require preapproval (never leave o...
by EnjoyTheJourney
Fri Nov 29, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 317
Views: 27938

Re: H&R BLOCK Pre-Order 2019 Software Offer

I just finished paying $24.97 plus taxes for a PC download of the deluxe + state version of H&R block on amazon.com.
by EnjoyTheJourney
Fri Nov 29, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Craigslist vs Kelley Blue Book cash offer for car
Replies: 13
Views: 1554

Re: Craigslist vs Kelley Blue Book cash offer for car

Thank you your responses! They ended up being very helpful. I checked in with 2 online used car dealers (Vroom and Carvana). Vroom offered me $2,000 and Carvana offered me close to $5,753 for my car. The Vroom offer was well under Kelley Blue Book value and the Carvana offer was substantially highe...
by EnjoyTheJourney
Wed Nov 27, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Craigslist vs Kelley Blue Book cash offer for car
Replies: 13
Views: 1554

Re: Craigslist vs Kelley Blue Book cash offer for car

Thank you your responses! They ended up being very helpful. I checked in with 2 online used car dealers (Vroom and Carvana). Vroom offered me $2,000 and Carvana offered me close to $5,753 for my car. The Vroom offer was well under Kelley Blue Book value and the Carvana offer was substantially higher...
by EnjoyTheJourney
Sat Nov 23, 2019 11:45 am
Forum: Personal Investments
Topic: Brand new to online investing - TD Ameritrade UI questions
Replies: 2
Views: 209

Brand new to online investing - TD Ameritrade UI questions

I started up a baby Roth IRA account to get my feet wet with online investing and to explore whether I'd like to stick with TD Ameritrade longer term*. I'm a bit overwhelmed by the online trade UI. I placed an order today (Saturday), but I'm not certain whether or not I'll need to do it again this c...
by EnjoyTheJourney
Wed Nov 13, 2019 7:04 am
Forum: Personal Consumer Issues
Topic: Craigslist vs Kelley Blue Book cash offer for car
Replies: 13
Views: 1554

Craigslist vs Kelley Blue Book cash offer for car

We'd like to sell one of our two cars and become a "one car family." The main challenge is getting the highest price we can, while also keeping the risk of getting scammed and the "hassles costs" as low as possible. We're looking to sell a 10 year old Toyota with less than 30,000 miles on it that's ...
by EnjoyTheJourney
Tue Nov 12, 2019 3:01 am
Forum: Personal Investments
Topic: Is it a good time to transfer my inflation protected securities balance to the S&P 500
Replies: 20
Views: 1723

Re: Is it a good time to transfer my inflation protected securities balance to the S&P 500

There is a potential complication if the 401K is particularly expensive. If employer 401K fees are quite high and/or investment options are very unattractive, then sometimes it's better to only contribute the percentage of your salary needed to receive the maximum employer match, and then to direct ...
by EnjoyTheJourney
Sun Nov 03, 2019 11:00 pm
Forum: Personal Investments
Topic: Help me pull the trigger on rolling over two TIAA Retirement Accounts to Vanguard Rollover IRA
Replies: 23
Views: 1500

Re: Help me pull the trigger on rolling over two TIAA Retirement Accounts to Vanguard Rollover IRA

Take a look at whether your current employer's plan allows you to transfer your funds from Vanguard back to TIAA. If they do, then the choice to move your funds out of TIAA is less likely to backfire. On that note, if you have rollover traditional IRAs (outside your employer plan) when you get close...
by EnjoyTheJourney
Fri Sep 06, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Mensa membership
Replies: 90
Views: 7654

Re: Mensa membership

I joined for one year and put it on my resume as "Former member of Mensa club", believing readers wouldn't decide that I was kicked out because my IQ decreased over time. That line in my resume probably helped me get a job at one point or another. I stopped going to meetings after the first one. The...
by EnjoyTheJourney
Sat Aug 17, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Taking a break in your 50s: Is it the kiss of death?
Replies: 86
Views: 9242

Re: Taking a break in your 50s: Is it the kiss of death?

"Kiss of death" is pretty strong language. It might be helpful to consider re-framing the decision, as language that strong implicitly sets some pretty high walls in place in terms of what you're likely to consider, going forward. Maybe "Which way forward is likely to be the most satisfying and enjo...
by EnjoyTheJourney
Mon Aug 12, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Received a $17,000 medical bill! Can we negotiate?
Replies: 91
Views: 10806

Re: Received a $17,000 medical bill! Can we negotiate?

I found a couple of resources that might help the OP: First, the name of the law passed in 2018 is the "New Jersey Out-of-network Consumer Protection, Transparency, Cost Containment and Accountability Act". You can search for more information about that law and what it means. Second, here is a link ...
by EnjoyTheJourney
Sat Aug 10, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Received a $17,000 medical bill! Can we negotiate?
Replies: 91
Views: 10806

Re: Received a $17,000 medical bill! Can we negotiate?

Several years ago we received well over 10K in medical bills from out-of-network doctors who performed services in an in-network facility. It was disorienting at first because I couldn't remember any of the names for the doctors involved and I couldn't understand the cryptic codes / language used to...
by EnjoyTheJourney
Fri Mar 29, 2019 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Income from two states for 2018, looking for tax software that can handle that
Replies: 4
Views: 253

Income from two states for 2018, looking for tax software that can handle that

I've always prepared our taxes by myself, using IRS documents. But, last year I earned income from two different states. It was a one-off, so I'd rather not bother learning all the ins-and-outs of how to properly file those taxes. What tax software package(s) can easily handle that kind of complicat...
by EnjoyTheJourney
Tue Mar 19, 2019 9:10 am
Forum: Personal Investments
Topic: How to get over a $25K stock market loss?
Replies: 125
Views: 11707

Re: How to get over a $25K stock market loss?

Apparently people fear losses enough that they set about double the value of gains on avoiding losses. In a sense, we're kind of hard-wired against taking risks because losses hurt. On that note, I lost close to $60,000 in the last quarter of 2018. It hurt. A lot. For a few days I had trouble sleepi...
by EnjoyTheJourney
Sat Mar 02, 2019 12:44 am
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1899

Re: Canadian moving from US to Japan

I re-checked sources to verify what I wrote earlier about Japanese tax residency status. I did indeed read what I wrote and I found the website that made it sound like intentions also mattered for determining tax residency status (link here: https://transferwise.com/gb/blog/income-tax-in-japan ). Bu...
by EnjoyTheJourney
Fri Mar 01, 2019 9:02 am
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1899

Re: Canadian moving from US to Japan

I'd echo Hyperbora about several points. <Inaccurate material about tax residency status removed, my thanks to Hyperborea for catching that> I'd also suggest considering TD Ameritrade as a broker, along with Interactive Brokers. TD Ameritrade will work with you as a non-US citizen with US deferred t...
by EnjoyTheJourney
Wed Feb 27, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 699
Views: 56376

Re: Larry Swedroe: 3% is the new 4%

Are you retired yet or still doing serial OMY's to reach some level of absolute certainty without any reduction of expenses? Consider every OMY is One Less Year of retirement and more importantly One Less Year of a shorter and unknown number of years where one (and their partner if a couple) are bo...
by EnjoyTheJourney
Sun Feb 24, 2019 8:32 am
Forum: Personal Investments
Topic: Playing it safe: How many years of living expenses near retirement?
Replies: 38
Views: 5508

Re: Playing it safe: How many years of living expenses near retirement?

The "buckets" approach suffers from having a generalized objective of trying to purchase "X" years of safety by creating low / no risk asset bucket(s), including for time periods shorter than the rest of one's life. That makes criticisms about lower total return valid and important, given how the lo...
by EnjoyTheJourney
Fri Feb 22, 2019 11:30 pm
Forum: Investing - Theory, News & General
Topic: "You're More Internationally Diversified Than You (Probably) Realize"
Replies: 139
Views: 11199

Re: "You're More Internationally Diversified Than You (Probably) Realize"

US-based firms tend to have their center of gravity for sales in the US, whether they participate in overseas markets or not. This is generally true for MNCs for many other nations as well^. Thus, if you'd like to diversity risk at the country level then owning stocks of firms based in many nations ...
by EnjoyTheJourney
Fri Feb 22, 2019 9:53 am
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 10054

Re: Beware of the Edward Jones neighborly visit.

When somebody would fall for one scam, without intervention from somebody else, then that's a sign that they're likely to fall for other scams in the future if left to their own devices. Thus, unless your mother is willing to let you become more involved in helping to prevent her being defrauded th...
by EnjoyTheJourney
Fri Feb 22, 2019 9:41 am
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 10054

Re: Beware of the Edward Jones neighborly visit.

When somebody would fall for one ripoff, without intervention from somebody else, then that's a sign that they're likely to fall for other ripoffs in the future if left to their own devices. Thus, unless your mother is willing to let you become more involved in helping her manage her finances then h...
by EnjoyTheJourney
Thu Feb 21, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Determining residency for the purpose of applying US - <other nation here> tax treaties: How does it get decided?
Replies: 0
Views: 248

Determining residency for the purpose of applying US - <other nation here> tax treaties: How does it get decided?

It was suggested on the Financial Wisdom Forum (the Canadian sister forum to bogleheads.org) that I ask a question I posed over there, in the hopes that somebody can point me to definitive resources and/or just plain knows the answer to an esoteric, but potentially important issue. I'm a Canadian ci...
by EnjoyTheJourney
Thu Feb 21, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 699
Views: 56376

Re: Larry Swedroe: 3% is the new 4%

Building on Greg in Idaho's post, it probably serves an advisor's interests to make things out as complex and difficult to predict and to convince retirees to be conservative with withdrawals. But, experienced advisors have probably seen enough cases where people's retirements took a dark turn after...
by EnjoyTheJourney
Tue Feb 19, 2019 11:58 pm
Forum: Investing - Theory, News & General
Topic: Found an interesting article on interpreting Shiller's PE ratio
Replies: 3
Views: 562

Re: Found an interesting article on interpreting Shiller's PE ratio

Thank you for the links. Some thumbnail approximated calculations in a spreadsheet seem to support the article's contention that the simple passage of time can be quite influential on the evolution of Shiller P/E values when real earnings growth varies substantially from zero, especially across seve...
by EnjoyTheJourney
Tue Feb 19, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: Found an interesting article on interpreting Shiller's PE ratio
Replies: 3
Views: 562

Found an interesting article on interpreting Shiller's PE ratio

I found an interesting article about interpreting Shiller's P/E ratio. Essentially, the article suggests that because real earnings tend to grow over time that even if real earnings stagnate in the present then the CAPE ratio will tend to fall over time as the oldest (and probably lowest) real earni...
by EnjoyTheJourney
Mon Feb 18, 2019 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a degree?
Replies: 73
Views: 4821

Re: Do I need a degree?

Perhaps answering another question would help with answering the "degree or no degree?" question. How close are you to being ready to retire early? If you're close, then you can focus on finishing up getting ready. Then you'd have more freedom to choose whatever path you want, going forward. One rea...
by EnjoyTheJourney
Sun Feb 17, 2019 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Parents fell for scam: sent cash -- what now?
Replies: 46
Views: 5521

Re: Parents fell for scam: sent cash -- what now?

To the OP: There's a chance your parents have been scammed more than once and you (and they) are finding out for the first time. Also, people who are scammed have their personal information sold, often again and again. After the first fraud there are frequently many more attempts that follow because...
by EnjoyTheJourney
Sat Feb 16, 2019 1:58 am
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 9034

Re: Did you get spooked by the December 2018 fall and gave up on passive?

I had an interesting and educational experience this past October - December. I went through 2000 and 2008-9 with 100% equities without losing any sleep. In fact, I upped my deferred tax contributions by over 50% as a % of wages in 2007 and viewed the financial crisis as a buying opportunity. But, t...
by EnjoyTheJourney
Sun Feb 10, 2019 5:30 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 78
Views: 7200

Re: Recommendation for home gym (limited space)

Kettlebells are inexpensive and very versatile.
by EnjoyTheJourney
Wed Feb 06, 2019 12:06 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 699
Views: 56376

Re: Larry Swedroe: 3% is the new 4%

As one hypothesis for the persistence of higher returns, changes might be occurring in the structure of industries (and firm value chains). The digital age has led to a proliferation of industries and industry segments in which the leaders reap very high profits, relative to the industry as a whole....
by EnjoyTheJourney
Wed Feb 06, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: "House Rules," Clements on the finances of homeownership
Replies: 63
Views: 7257

Re: "House Rules," Clements on the finances of homeownership

I think one of the key potential financial benefits of home ownership after retirement is that you need to draw less funds from retirement accounts to pay your bills, which can lead to a lower marginal tax rate and a lower rate of taxation on social security benefits. The extent of the benefit depe...
by EnjoyTheJourney
Tue Feb 05, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: "House Rules," Clements on the finances of homeownership
Replies: 63
Views: 7257

Re: "House Rules," Clements on the finances of homeownership

I think one of the key potential financial benefits of home ownership after retirement is that you need to draw less funds from retirement accounts to pay your bills, which can lead to a lower marginal tax rate and a lower rate of taxation on social security benefits. The extent of the benefit depen...
by EnjoyTheJourney
Tue Feb 05, 2019 4:45 pm
Forum: Personal Investments
Topic: Just about retirement age...am I on the right track?
Replies: 15
Views: 2465

Re: Just about retirement age...am I on the right track?

It looks like you've "won the game", so to speak, unless you have very high annual expenditures. You probably have enough of a nest egg that you can take a fair amount of risk and still live very well for the rest of your lives even if you have very bad luck. If you really like to keep risk low, tho...
by EnjoyTheJourney
Sun Feb 03, 2019 3:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 699
Views: 56376

Re: Larry Swedroe: 3% is the new 4%

But then would add that US has been what has been called the triumph of the optimists (the winner) and while 4% might have worked in past looking at historical data, you would find in other countries (i.e. Japan say starting in 1990, with Nikkei now at about half what it was then) that it did not w...
by EnjoyTheJourney
Sun Feb 03, 2019 2:44 pm
Forum: Investing - Theory, News & General
Topic: Is momentum an actionable factor?
Replies: 3
Views: 493

Re: Is momentum an actionable factor?

I've also read claims that risk is lower for the (higher) returns generated through momentum investing. It's heady stuff if you buy into what's being sold. I'm still reluctant to buy into somebody's so-called secret sauce. There are no guarantees about the future, especially when a technique for mak...
by EnjoyTheJourney
Fri Feb 01, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: Protect Against Longevity Tail Risk with Annuities
Replies: 64
Views: 4903

Re: Protect Against Longevity Tail Risk with Annuities

...Two things to keep in mind: annuities get more expensive as you age, and after a certain age can be nearly impossible to purchase. Incorrect. IMMEDIATE annuities get cheaper each year older you get, in terms of cost per $1000 of monthly income. I urge you to check your math. You’ll find that my ...
by EnjoyTheJourney
Thu Jan 31, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: credit score improvement agency
Replies: 22
Views: 960

Re: credit score improvement agency

My experience with this is that you just have to wait the 7 years for that unpaid bill to fall off your credit report. I have to say that I'm skeptical about this business that charges you a fee to find your problem and then wants you to cough up another $2k to fix it. Might be above board but I th...
by EnjoyTheJourney
Thu Jan 31, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: credit score improvement agency
Replies: 22
Views: 960

Re: credit score improvement agency

I'd suggest doing some internet searches about the company you contracted with and also about the general topic of firms that claim to fix your credit and what they actually do. Reading I've done in the past suggests those kinds of firms are dodgy at best and that they don't really fix any underlyin...
by EnjoyTheJourney
Thu Jan 31, 2019 8:37 am
Forum: Personal Investments
Topic: Lawyer looking for retirement strategy, etc. advice
Replies: 15
Views: 1713

Re: Lawyer looking for retirement strategy, etc. advice

I'd rate expense tracking as crucial to retirement planning. It's also helpful for fostering important spousal conversations about what really matters; it becomes easy to see where cash is leaking out of a household when you track expenses, and that serves as a natural springboard to discussing what...