Search found 1482 matches

by Nestegg_User
Wed Jun 03, 2020 10:09 am
Forum: Personal Investments
Topic: Shack or McMansion?
Replies: 28
Views: 3735

Re: Shack or McMansion?

(as someone above asked:you mean 1.2 M? instead of 1.2K) buying a house "so that kids could always come back to visit " is almost never a good idea. The few times that they do aren't worth the long term cost; they could also move far away, usually due to jobs, and you'd find that they visit even les...
by Nestegg_User
Wed Jun 03, 2020 9:49 am
Forum: Personal Investments
Topic: when to get out of a stock?
Replies: 22
Views: 1051

Re: when to get out of a stock?

one approach, especially since it's been over a year and any gains are at long term rates: SELL HALF! you have then recovered your basis and then have lower "regret" if the stock goes "sideways". You've already said it's a small part of your portfolio, so you could redirect the funds back into your ...
by Nestegg_User
Sun May 31, 2020 5:20 pm
Forum: Personal Consumer Issues
Topic: Bicycle Recommendation?
Replies: 46
Views: 3982

Re: Bicycle Recommendation?

good to see that you are repairing your current bike I'm doing the final tweeks on my repair of my old road bike: a Trek which I had bought back in '79 (hand-built back then). (It would probably cost a lot for an equivalent now). I've ridden enough miles (including centuries, which I'm sure I couldn...
by Nestegg_User
Sat May 30, 2020 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Yodlee users beware!
Replies: 1
Views: 420

Re: Yodlee users beware!

Uh, NO!

(see this thread: viewtopic.php?t=316295)
by Nestegg_User
Sat May 30, 2020 10:34 am
Forum: Personal Investments
Topic: Am I panicking or being prudent?
Replies: 68
Views: 6268

Re: Am I panicking or being prudent?

I'm less than a year from retirement. I don't have a pension to speak of. My stock/Bond portfolio is around $2.2M which closely matches my savings goals for retirement. My portfolio is 60/40 stocks/bonds. I was intending to keep it invested that way in retirement. My portfolio is currently down onl...
by Nestegg_User
Fri May 29, 2020 3:10 am
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 143
Views: 12787

Re: Pandemic buys that have improved quality of life?

I am hearing that a lot people bought bikes and enjoying it. That is one good thing happening. Everything we’ve tried to buy seems someone has beaten us to it. Availability is low and prices are higher. Agreed. A friend just bought specialized Allez as a first road bike and then specialized was sho...
by Nestegg_User
Thu May 28, 2020 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for 2020 Retirement Admidst Employer CV-19 Issues
Replies: 42
Views: 3040

Re: Strategy for 2020 Retirement Admidst Employer CV-19 Issues

All good comments, thanks. As I indicated in previous response to comments, I've always had a good relationship with my direct-line supervisor. I will get with him in the next week or two and communicate my intentions. I also understand it is quite possible the the company may not allow me to take ...
by Nestegg_User
Wed May 27, 2020 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for science PhD student
Replies: 78
Views: 5929

Re: Career advice for science PhD student

. I work with pretty hazardous stuff on a day-to-day basis for my current research project, and the health impacts of doing it for another 30 years post-graduation concerns me. 40 something years ago my Organic Chem prof, who was the best prof ever and loved the field, told the class organic chemis...
by Nestegg_User
Wed May 27, 2020 3:50 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5360

Re: Betterment liquidated my investments without my authorization

...Perhaps because of the higher volatility they wanted to lock in your numbers so that they couldn't be argued that they didn't follow a prudent investor situation and by so transferring the funds in cash wouldn't subject your money to additional risk... Liquidating the account involves increased ...
by Nestegg_User
Wed May 27, 2020 3:06 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5360

Re: Betterment liquidated my investments without my authorization

...Perhaps because of the higher volatility they wanted to lock in your numbers so that they couldn't be argued that they didn't follow a prudent investor situation and by so transferring the funds in cash wouldn't subject your money to additional risk... Liquidating the account involves increased ...
by Nestegg_User
Wed May 27, 2020 2:25 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5360

Re: Betterment liquidated my investments without my authorization

IANAL, but if that's in the agreement you acknowledged when you set up the account (or was sent sometime afterwards and by continuing the service thereby acknowledged)... they decided (for whatever reason they thought feasible) and they had that ability. It also helps in that they didn't then also h...
by Nestegg_User
Tue May 26, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for science PhD student
Replies: 78
Views: 5929

Re: Career advice for science PhD student

OP, According to me Ph.D. is not another degree, it is an experience. Through this experience, one can master the skills of problem-solving, academic writing, public speaking, management etc. After getting my Ph.D. in Physics I believe I have gained the ability to start a problem with concept and t...
by Nestegg_User
Tue May 26, 2020 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Career advice for science PhD student
Replies: 78
Views: 5929

Re: Career advice for science PhD student

OP not gonna sugar coat it.... It's real bad out there (look at the Chemjobber site for example). academic jobs in chem, like in other disciplines, have been yanked. In the current environment some uni's have actually eliminated the non-tenured profs (and, as yet, haven't even hired adjuncts!) synth...
by Nestegg_User
Sun May 24, 2020 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pull a trigger on a home purchase or continue renting?
Replies: 45
Views: 3026

Re: Would you pull a trigger on a home purchase or continue renting?

I'm gonna disagree with many and say "continue renting " you really haven't really converted much of your income into wealth with your low level of assets (relative to stated income). I didn't get any tone in your post that said that you hated your current digs, but your statement that you might mov...
by Nestegg_User
Sun May 24, 2020 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 367
Views: 28904

Re: The axe falls and I am prepared. What's next?

An easier way to explain this is a good general makes a lousy soldier. I am no longer qualified for a helpdesk and/or low-grade job. KlangFool << are you really sure you're so rusty you can't even do intermediate positions in your field? >> I could but I won't care too KlangFool It is really a situ...
by Nestegg_User
Sun May 24, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8510

Re: Investors: be aware of weakness in 2FA + strengthening

If you do use 2FA that is reliant on your cell carrier, would advise that you look into any type of extra security available (pin codes / account strengthening that they offer). This would make it more difficult for the SIM attack. Could also look at 2FA like google Authenticator if your financial ...
by Nestegg_User
Sun May 24, 2020 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8510

Re: Investors: be aware of weakness in 2FA + strengthening

You can make recovery via email, but in Vanguard's view, email may be less secure than SMS. For 99% of the population, the recovery to your email is via SMS. You can make recovery via snail mail. This works great for credit card companies, but you have to tolerate being without access to your accou...
by Nestegg_User
Sun May 24, 2020 11:05 am
Forum: Personal Investments
Topic: Father's Trust: Simplify Morgan Stanley Portfolio?
Replies: 10
Views: 624

Re: Father's Trust: Simplify Morgan Stanley Portfolio?

you should obviously check with the language of the trust to make sure that the trustees even have the capability of changing the location of the trust (although I would assume that any well drafted one would allow the trustee to do so, subject to the usual "prudent investor" language) as noted abov...
by Nestegg_User
Thu May 21, 2020 8:59 pm
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6452

Re: Discarding Music CDs

hear it digitally in as good a quality as the CD? Wow, you do realize CD quality is a pretty low bar you would ever want to subject your ears to interpret sound waves to. Though, I suppose the CD has an advantage in that you won't hear pops and crackles on a poorly maintained LP, CD quality is pret...
by Nestegg_User
Thu May 21, 2020 3:41 pm
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2196

Re: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s

since OP mentioned that they were currently in Zero bracket, at this time, an conventional IRA to Roth IRA up to the limit of the bracket could make sense. (usually the individuals are at some non-zero level, wherein the costs (taxes paid) won't be made up for in deferral). (usually a blended W/D ap...
by Nestegg_User
Thu May 21, 2020 2:53 pm
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2196

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

For example, if the Edward Jones account is tax-deferred, start withdrawing funds now at the lower MFJ tax rate and placing them in a regular brokerage account so that the survivor could draw those funds mostly tax free. For funds not immediately needed to pay expenses, isn’t Roth conversion strict...
by Nestegg_User
Thu May 21, 2020 1:21 pm
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1792

Re: Blown Power Amplifier: Repair or Replace?

yeah, Iceport, some of the cleanest sound of the times
by Nestegg_User
Thu May 21, 2020 1:20 pm
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1792

Re: Blown Power Amplifier: Repair or Replace?

^ The previous owner of our house had a pair of Klipschorns in a small room. 1 watt could have driven them to ear drum shattering levels. yeah, can appreciate the 80% was a "turn it on and run" type thing... it could easily be louder than a jet taking off if you weren't careful. They're Interface 2...
by Nestegg_User
Thu May 21, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1792

Re: Blown Power Amplifier: Repair or Replace?

or if you had my older Electrovoice speakers that are very efficient, you wouldn't have blown your amp in the first place. (your ears would have gone before the amp; I couldn't even get to 80% in the amp before it was way too loud (easily hear it three plus floors down in a fairly acoustically dampe...
by Nestegg_User
Tue May 19, 2020 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4625

Re: How did you determine your target savings rate?

OP, 1) I determined my saving rate based on my annual expense. Not on income. 2) I save 1 year of my current annual expense every year. KlangFool KF I figured that you would show up sometime; I had posted your earlier thread farther up. As KF has often noted, you really can't count on being employe...
by Nestegg_User
Mon May 18, 2020 8:25 pm
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5710

Re: Social Security is an asset....yet again

I'm old enough to start to draw.... but NO, it's not an "asset" but instead a (contingent) income stream that I can start when desired (sorry BobCat... but I disagree with your statement) My assets are my house, vehicles and the like, my taxable accounts and my IRA/401k..... but not my pension (whic...
by Nestegg_User
Mon May 18, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4625

Re: How did you determine your target savings rate?

Your savings isn't $28k a year, it's $41,200, with $11,200 going to cash. That's a 27.46% savings rate. Whether it's too much, not enough, or just right is a personal preference. It's certainly much, much more than the average person saves. We are around 30% of gross on a similar income. Make sure ...
by Nestegg_User
Mon May 18, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: How did you set up your trust distributions?
Replies: 39
Views: 2529

Re: How did you set up your trust distributions?

Marker

are you sure that the trust won't be invalidated (after all, 360 years is effectively "perpetual". Even treaties, like that for the Panama Canal (by the US) and Hong Kong (by the Brits) were only 99 years!
by Nestegg_User
Mon May 18, 2020 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC - original mortgage not satisfied
Replies: 18
Views: 1256

Re: HELOC - original mortgage not satisfied

OP I think that you now see why, in prior threads about mortgage payoff, that we advised that- - about two months after you pay off the mortgage - - that you obtain a ** certified copy of the lien release ** from your county clerks office. {If they don't show that the lien is released, usually becau...
by Nestegg_User
Mon May 18, 2020 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: How did you set up your trust distributions?
Replies: 39
Views: 2529

Re: How did you set up your trust distributions?

When our children were young, we provided that if there was no surviving spouse assets would be placed in trust for the three children. A single trust with each child having a separate share. All income would be distributed annually, and principal could be a invaded per an ascertainable standard. T...
by Nestegg_User
Sun May 17, 2020 1:29 pm
Forum: Personal Investments
Topic: Take single-sum pension based on 2019 rates or wait for 2020?
Replies: 8
Views: 633

Re: Take single-sum pension based on 2019 rates or wait for 2020?

not knowing how they calculated, but it certainly seems prudent to wait, especially since a 0.5 - 1.0% shouldn't move the needle, and the increase should be on the order of ~8% so waiting seems appropriate. I assume that you have funds accessible until then, right?
by Nestegg_User
Sun May 17, 2020 1:18 pm
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7718

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

I know this is perhaps contrarian to most Bogleheads, but what about investing in a good dividend stock like Merck (3.2%) or Pfizer (4%). These are just two of my choices, as I am in the field and know these comapanies well. You might even make money on the stock over time. hmmm, there's lots of th...
by Nestegg_User
Sat May 16, 2020 10:36 am
Forum: Personal Consumer Issues
Topic: What are your alternative plans this summer if it was travel?
Replies: 65
Views: 5343

Re: What are your alternative plans this summer if it was travel?

Yep, Summit county was the hotspot some time ago there was some article about the Telluride valley being closed off because of a hotspot and they had tracers trying to locate potential vectors. I doubt that they would be welcoming outsiders at this time (avoiding any second wave, as best as they can...
by Nestegg_User
Sat May 16, 2020 10:26 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6297

Re: Alternatives to Craftsman Tools

thanks for the info, if I need anything in the future All my old Craftsman tools are from US (they were made by CF & I (Colorado Fuel and Iron) tool steel division at Pueblo... now long gone) They used to ship up crates of mixed tools up to the Denver area (ages ago when I was there) and were priced...
by Nestegg_User
Fri May 15, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: Is anyone on the road?
Replies: 35
Views: 4046

Re: Is anyone on the road?

Don't drive a car on a trip. You might get in an accident diverting medical resources overwhelming the healthcare system. Also don't take a walk or you might step on a crack and break your mother's back and overwhelm the healthcare system. I agree that the advice makes little sense. Might as well a...
by Nestegg_User
Tue May 12, 2020 10:51 am
Forum: Personal Finance (Not Investing)
Topic: What age do you use for retirement end date?
Replies: 68
Views: 4107

Re: What age do you use for retirement end date?

from this paper (and similar ones I've seen before) https://news.harvard.edu/gazette/story/2016/04/for-life-expectancy-money-matters/ there's a correlation between socioeconomic/education and life expectancy-age of death. previous papers had an average of 78 for upper two deciles, and looking at the...
by Nestegg_User
Thu May 07, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy this annuity?
Replies: 18
Views: 1255

Re: Should I buy this annuity?

looking at the "immediateanniuities" site:
for both age 80, NY, $500k invested gave:

$3312/mo ===> $39,744 per yr
for joint life

and $3235/mo ===> $38,820 per yr
for joint life and 10 yr certain
so you might be able to get slightly better numbers
by Nestegg_User
Thu May 07, 2020 10:02 am
Forum: Personal Investments
Topic: What are "Structured Products"?
Replies: 10
Views: 683

Re: What are "Structured Products"?

*** and *** DON'T have Anything to do with the person/entity again that SOLD her those things !!! (Sever any "relationship", move funds to either Vanguard, Schwab, or Fidelity) Structured products like those are SOLD, usually by (slick) representatives {salesmen} for their benefit (often a decent co...
by Nestegg_User
Tue May 05, 2020 11:45 pm
Forum: Personal Investments
Topic: Close to retirement and don't know what to do
Replies: 33
Views: 4054

Re: Close to retirement and don't know what to do

I am thinking of pulling everything out and putting it in something very safe because of the current state of affairs in our country. Any advice as to whether you think this is a mistake or not? Safety is a relative term. If you do this (such as moving entirely to cash), your nest egg may not keep ...
by Nestegg_User
Mon May 04, 2020 12:11 am
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6289

Re: Best BBQ for the money?

You will get a zillion opinions about this. I have used many grills. Gas grills are convenient but not the best for flavor. If you must go gas, nothing wrong with a Weber. If transitioning from gas to solid fuel, a pellet grill is a good place to start. You can smoke and they are idiot proof. Traeg...
by Nestegg_User
Sun May 03, 2020 6:03 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6289

Re: Best BBQ for the money?

Eastern-style Carolina chopped pork. Nah.... Kansas City style There's a reason why the " American Royal" is in KC! https://www.americanroyal.com/bbq/ ...and we use a pellet grill. Costs a bit more, but ours is going strong for seven years (so far) and puts out better BBQ than any propane style tha...
by Nestegg_User
Sun May 03, 2020 10:06 am
Forum: Personal Investments
Topic: 87 year old portfolio analysis
Replies: 9
Views: 1031

Re: 87 year old portfolio analysis

Are not all the costs of the nursing home tax deductible as a medical expense subject to those rules? In other words, why does this person have any tax liability at all? ** Ding Ding ** This should be the case for most. You likely will need a letter from the home outlining the level of expenses tha...
by Nestegg_User
Thu Apr 30, 2020 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Safe Driving App
Replies: 45
Views: 3122

Re: State Farm Safe Driving App

Insurance company gets my mileage each year from annual auto inspection. No need to take my word for it. I don't know whether I would get any further discount from them knowing how that annual amount is accumulated day by day. I am one of those infuriating drivers who always follows the speed limit...
by Nestegg_User
Thu Apr 30, 2020 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7155

Re: How do you explain no COVID19 Stimulus Payment?

not necessarily, Starfish I knew a few at work that might have had an idea of my salary but not our families.... and it certainly wouldn't have been any topic for discussion now in retirement, this will be the first stimulus check we will receive (like others on the board, we didn't qualify for othe...
by Nestegg_User
Sat Apr 25, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Take Social Security now, at 66, during Corona-virus?
Replies: 61
Views: 4967

Re: Take Social Security now, at 66, during Corona-virus?

I contributed to your earlier thread and wanted to congratulate you on your patience in waiting until age 66, which in retrospect was a wise decision. I'm going to be 68 in a couple of months and am still delaying, but I'm married, so my reasons for doing so are more advantageous than yours. The co...
by Nestegg_User
Sat Apr 25, 2020 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Tax return lost in mail (during weird pandemic times...)
Replies: 20
Views: 1399

Re: Tax return lost in mail (during weird pandemic times...)

if you had sent certified, as we did, you would have had proof that they at least received the return. We had also sent in early march. (we have additional issue in that, although we qualify (either years return), {first time we qualified for any stimulus... :beer as in earlier times we just made to...
by Nestegg_User
Fri Apr 24, 2020 2:05 pm
Forum: Personal Consumer Issues
Topic: Soaker hoses
Replies: 4
Views: 421

Re: Soaker hoses

.... and you can also use a pressure valve like those typically used for RV's etc:

https://www.rvweb.net/best-rv-water-pre ... -reviewed/

even the cheap Camco variety (at about $9) should help
by Nestegg_User
Fri Apr 24, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much more will I actually make in a new job?
Replies: 15
Views: 1466

Re: How much more will I actually make in a new job?

I'd have a real hard time with that commute, and I've had commutes of two hours total (to and from) before I retired. ...and the specifics of an 80 mile commute are important: while Victoria TX to Corpus Christi TX might be somewhat tolerable, as it's rarely in totally difficult conditions, that of ...
by Nestegg_User
Tue Apr 21, 2020 12:53 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 31500

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

What's the lowest safe withdrawal rate for European countries starting from 1955 to today? For a 50/50 allocation, looks like 2.17% for Spain (1973) http://www3.grips.ac.jp/~pinc/data/10-12.pdf The paper is fairly consistent with that of Estrada I would suggest looking at the case of Ireland [/u] i...