Search found 110 matches

by anon3838
Mon Apr 06, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Questions Re: Pay cash for home and cash-out refi later
Replies: 1
Views: 71

Questions Re: Pay cash for home and cash-out refi later

I am contemplating a move, and possibly paying cash for the home. After my job situation changes, I may choose to go back to a mortgage (not looking for a debate on mortgage vs. no-mortgage, please). Are there any tax consequences to cash-out refinancing after paying all-cash for a home? I'm asking ...
by anon3838
Fri Apr 03, 2020 10:40 pm
Forum: Personal Investments
Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
Replies: 112
Views: 7110

Re: Do you want to own the whole haystack when someone has a blowtorch?

...Won’t there be obvious winners and losers?... There never are in "normal" times. Exactly why do you think it is easier to identify them in a situation of chaos, turbulence, and conditions that have not occurred before? ...I feel I have as a physician very specific epidemic knowledge ahead of the...
by anon3838
Thu Mar 26, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 921

Re: How can I figure out if my accountant reported my qualified dividends correctly?

Perhaps I'm missing something here, but looking at my own tax return, Form 1040, Page 1, Section 3a is Qualified Dividends, Section 3b is Ordinary Dividends. These numbers match the tax forms provided by my Broker (Fidelity) on Form 1099-DIV. Yes, that's correct. I was afraid mine were done incorre...
by anon3838
Thu Mar 26, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: How much (or little) do u talk to/teach others about finances
Replies: 36
Views: 1665

Re: How much (or little) do u talk to/teach others about finances

Hmmm...about one conversation every 18-24 months... If someone else brings up personal finance, I will engage in the conversation. I never start that conversation, tho. Was this a learned behavior due to disagreements??? No, not at all. I have a general belief that when someone is interested in my ...
by anon3838
Thu Mar 26, 2020 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 921

Re: How can I figure out if my accountant reported my qualified dividends correctly?

Perhaps I'm missing something here, but looking at my own tax return, Form 1040, Page 1, Section 3a is Qualified Dividends, Section 3b is Ordinary Dividends. These numbers match the tax forms provided by my Broker (Fidelity) on Form 1099-DIV.
by anon3838
Thu Mar 26, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: New Bull Market!
Replies: 102
Views: 9097

Re: New Bull Market!

I will believe it when I can buy toilet paper without having to stand in a line of 300+ people waiting for a store to open.
by anon3838
Thu Mar 26, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: How much (or little) do u talk to/teach others about finances
Replies: 36
Views: 1665

Re: How much (or little) do u talk to/teach others about finances

Hmmm...about one conversation every 18-24 months...

If someone else brings up personal finance, I will engage in the conversation. I never start that conversation, tho.
by anon3838
Thu Mar 26, 2020 11:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 4533
Views: 404435

Re: U.S. stocks continue to soar!

Maybe there is something the market knows that we don't? Maybe "the market" was on the road this morning at 6am and noticed a lot of commuters heading to work. I was very surprised to see brake lights and congestion on the freeway. *yes, I know MANY are facing unemployment and joblessness, but a lo...
by anon3838
Thu Mar 26, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: Zoom, Skype or Google Hangouts for limited use?
Replies: 8
Views: 621

Re: Zoom, Skype or Google Hangouts for limited use?

Zoom user for several years now. I've tried them all, and zoom is by far my favorite.
by anon3838
Wed Mar 25, 2020 8:15 pm
Forum: Personal Investments
Topic: When to jump back in?
Replies: 48
Views: 4780

Re: When to jump back in?

livesoft wrote:
Wed Mar 25, 2020 7:03 pm
Have you got toilet paper? Are your local stores well-stocked with toilet paper and paper towels? If/when they are, then it is too late to jump back in, so you should anticipate that and make your decision. And of course post back here in this thread when you do. Thanks!
+1
by anon3838
Wed Mar 25, 2020 6:22 pm
Forum: Personal Investments
Topic: Effect of COVID19 on Real Estate
Replies: 39
Views: 5142

Re: Effect of COVID19 on Real Estate

as my management has little else to do, than walk around to see whose sitting in their office chair...I would call the environment hyper-micromanagement. Wow, so your management's job consists mostly of making sure people are at their desks. That is correct. I work at a company that has put a lot o...
by anon3838
Wed Mar 25, 2020 12:50 pm
Forum: Personal Consumer Issues
Topic: Pay cleaning lady during coronavirus pause?
Replies: 66
Views: 4973

Re: Paying housecleaner during COVID shutdown

I am continuing to pay for the full amount to my house cleaner, and when the time comes that I will miss my appointment with my hair dresser due to shelter-in-place, I plan to pay my hair dresser the amount I usually spend on my haircut. I don't expect any additional services once things return to n...
by anon3838
Wed Mar 25, 2020 10:22 am
Forum: Personal Investments
Topic: Effect of COVID19 on Real Estate
Replies: 39
Views: 5142

Re: Effect of COVID19 on Real Estate

I live in the Bay Area, and I’ve lived here for several decades. Prices have gone up in my neighborhood. Homes that were “coming soon” last month with a set price, have shown price change (increase) before the actual list date (I found this info by looking at the price history on Zillow for the prop...
by anon3838
Tue Mar 24, 2020 11:24 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation in the Most Painful Month
Replies: 8
Views: 793

Re: Asset Allocation in the Most Painful Month

It's great to see these in a line-up. Thanks for putting this together and sharing!
by anon3838
Tue Mar 24, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: What have you learned from this situation that you will take action on?
Replies: 123
Views: 9648

Re: What have you learned from this situation that you will take action on?

I learned 'that what I learned and took action on during the Great Recession of 2007-08 is working this time so that I don't need to do anything more. I lived off of my investments then as I do now.. That was tough as I had to sell stocks and bonds when the market was dropping. I wrote then on this...
by anon3838
Tue Mar 24, 2020 1:40 am
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 399
Views: 31862

Re: How to get Toilet Paper ? seriously.

My local Target's "Household Paper" section looked like a ghost town at 6pm this evening. Rows and rows of completely empty shelves, from TP, paper towels, wipes...everything...sold out. My forward-looking statement: I'm thinking the market will start to recover when we've had fully stocked shelves ...
by anon3838
Sun Mar 22, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: 100-Year Crisis Every Decade?
Replies: 22
Views: 1669

Re: 100-Year Crisis Every Decade?

Charlie Munger mentions 2-3 times per century...not quite once per decade, but not ONE per century, either. Charlie Munger once said: If you're not willing to react with equanimity to a marketplace decline, of 50%, 2-3 times a century, you're not fit to be a common shareholder, and you deserve the m...
by anon3838
Sat Mar 21, 2020 11:20 am
Forum: Investing - Theory, News & General
Topic: Is it really that bad?
Replies: 96
Views: 7858

Re: Is it really that bad?

That's really tough - for both sides of that conversation - but, obviously, especially for the recipient. The unemployment fallout from all of this is going to be, I think, exceptionally bad. I saw a headline somewhere that one state has experienced a 1000% increase in unemployment benefits. It’s t...
by anon3838
Sat Mar 21, 2020 11:05 am
Forum: Personal Finance (Not Investing)
Topic: [Work From Home] - What does your company pay for?
Replies: 83
Views: 4386

Re: [Work From Home] - What does your company pay for?

My company offered a generous $250 to cover “necessities” at home, if needed to get our work done.

As an on-call employee, I do get reimbursed up to $75 for my mobile phone plan, but that’s not related to the recent self-quarantine/WFH situation.
by anon3838
Sat Mar 21, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: [Work From Home] - What does your company pay for?
Replies: 83
Views: 4386

Re: [Work From Home] - What does your company pay for?

Before the COVID19 breakout, my company started mandating my position works from home 1 out of 6 days (it will turn into 2 out 6 once we are fully staffed). I work at a Megacorp and I am on the phone all day, yet they don't provide a phone or pay a portion of phone bill They did offer a WFH package...
by anon3838
Fri Mar 20, 2020 9:45 pm
Forum: Investing - Theory, News & General
Topic: Is it really that bad?
Replies: 96
Views: 7858

Re: Is it really that bad?

cwr12, If you lose your job, how long can you survive? You can only succeed if you survive. I am likely to lose my job after June. KlangFool Sorry to hear that. Having read many of your posts, I know you are a prolific saver putting away one year expense every year. Are your savings paying off to h...
by anon3838
Tue Mar 17, 2020 11:08 pm
Forum: Personal Consumer Issues
Topic: Do Cell Phone Boosters Work?
Replies: 12
Views: 555

Re: Do Cell Phone Boosters Work?

I have a booster for my verizon service in my home. Before the booster, I couldn't get a call or make a call at home. I've had it now for many years, and it works great. Mine is made by Samsung. ETA...I just noticed your mention of a radiant heat barrier in your attic. I also have a radiant heat bar...
by anon3838
Tue Mar 17, 2020 6:07 pm
Forum: Personal Investments
Topic: Not savvy, lost a bunch, and scared
Replies: 31
Views: 2513

Re: Not savvy, lost a bunch, and scared

You are getting a lot of advice coming at you and it is good that you are here. However, this is a very volatile and emotional time to start looking into your finances. One of the core tenets of the Boglehead method of investing is "Don't just do something, stand there." I would encourage you to st...
by anon3838
Tue Mar 17, 2020 5:24 pm
Forum: Personal Investments
Topic: When are you rebalancing?
Replies: 76
Views: 4490

Re: When are you rebalancing?

I am currently using a 2% band with a 54% equity target. Meaning if my portfolio's equity percentage falls below 52% or goes above 56% I will rebalance. My IPS allows me to change how large the band is anytime I rebalance. My IPS allows me to increase my equity target when the market is hitting 1 y...
by anon3838
Mon Mar 16, 2020 11:17 pm
Forum: Investing - Theory, News & General
Topic: Will the F.I.R.E. movement survive?
Replies: 98
Views: 6941

Re: Will the F.I.R.E. movement survive?

It is possible. The alternative is far more dire: The very unpopular I.S.L.E movement - (I’m Stupid Lost Everything) Bogleheads are immune thankfully, Hoongajji Apparently you haven't been following all the Corona Virus threads on this forum. Many people who post here and purport to be Bogleheads a...
by anon3838
Mon Mar 16, 2020 6:56 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 399
Views: 31862

Re: How to get Toilet Paper ? seriously.

Folks, Bit embarrassed to ask this but any tips how to get Toilet Paper ? I've been bit sick so DW is doing all shopping and she went to 6 stores to get it but no luck. We tried to order online from Amazon, Costco, Vons - all online orders cancelled We are in So CAL. ps: We were able to get Meds fo...
by anon3838
Sun Mar 15, 2020 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: small crack in concrete foundation
Replies: 10
Views: 945

Re: small crack in concrete foundation

Consider checking the property for expansive soil. A lot of the bay area has it. This could indicate that the slab has heaved in some areas, which might explain the crack. Also look closely at the terrain surrounding the property. Especially in the hilly areas that surround the valleys. Landslides a...
by anon3838
Sun Mar 15, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: Is it time to GET OUT?
Replies: 125
Views: 10568

Re: Is it time to GET OUT?

Charlie Munger once said: If you're not willing to react with equanimity to a marketplace decline, of 50%, 2-3 times a century, you're not fit to be a common shareholder, and you deserve the mediocre result you're going to get. -Charlie Munger, https://www.youtube.com/watch?v=3WkpQ4PpId4
by anon3838
Sat Mar 14, 2020 5:41 pm
Forum: Investing - Theory, News & General
Topic: So.... is this really "it"? Is this what we needed to mentally prepare for?
Replies: 158
Views: 14055

Re: So.... is this really "it"? Is this what we needed to mentally prepare for?

I hope this doesn't come across as insensitive to people who are impacted more than I am, maybe those who just retired, etc. I do very much feel for them and wish the best for those in other scenarios. However... all of my investing life and life at Bogleheads, everyone tells you to mentally prepar...
by anon3838
Thu Mar 12, 2020 11:14 am
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 13787

Re: How many people with 7 figure portfolios are”rejoicing ?”

I am definitely NOT rejoicing, and I'm thankful I found this community when I did. I am grateful to the wise ones here who repeat the same advise in nearly every thread...(looking at you KlangFool!) Also grateful for the 2008 post started by Sheepdog about what it felt like during 2008. I stayed the...
by anon3838
Thu Mar 12, 2020 2:19 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 24700

Re: How much you lost/gain since Feb 20,2020 ?

-10.8%

70/30 VTSAX/VTBLX
by anon3838
Tue Mar 10, 2020 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried home ownership, joining his preexisting purchase
Replies: 72
Views: 3645

Re: Unmarried home ownership, joining his preexisting purchase

If it were me, I would keep things as-is. I agree with all the other posters that this sounds messy, with the potential for even more mess. If you do go through with this, you want a solid Joint Tenancy In Common agreement that’s lays out your investment and agreement in the legal document about how...
by anon3838
Tue Mar 10, 2020 12:21 pm
Forum: Personal Consumer Issues
Topic: Home buyer and selling in current market has been a nightmare!
Replies: 21
Views: 2985

Re: Home buyer and selling in current market has been a nightmare!

I live in the SF Bay Area. Last week an agent put a note on my door stating she had a buyer who wanted to buy a home in my neighborhood. Her note said “there’s a significant shortage” Last year during “high season” several homes exactly like mine sat on the market for many months, and eventually wer...
by anon3838
Mon Mar 09, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: VTSAX dividend calc for Q12020
Replies: 1
Views: 189

VTSAX dividend calc for Q12020

It seems that historical dividend payments varied a lot in 2019.

I'm curious to know how the current volatility will impact dividends this quarter.

Does anyone know what determines the dividend amount for VTSAX?
by anon3838
Tue Mar 03, 2020 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Geico Umbrella with different home carrier ?
Replies: 14
Views: 973

Re: Geico Umbrella with different home carrier ?

I have home + umbrella + auto with State Farm. I considered going elsewhere for auto insurance, but when State Farm quoted home + umbrella - auto, the overall cost of all insurance was higher. I would’ve saved a little on the auto, but the I would be losing discount that I get for having all 3 polic...
by anon3838
Mon Mar 02, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: The Dark Side of "Stay the Course"
Replies: 202
Views: 16169

Re: The Dark Side of "Stay the Course"

Charlie Munger once said:

If you're not willing to react with equanimity to a marketplace decline, of 50%, 2-3 times a century, you're not fit to be a common shareholder, and you deserve the mediocre result you're going to get. -Charlie Munger, https://www.youtube.com/watch?v=3WkpQ4PpId4
by anon3838
Sat Feb 29, 2020 6:01 pm
Forum: Investing - Theory, News & General
Topic: Stay The Course Means Stay The Course Right?
Replies: 32
Views: 1877

Re: Stay The Course Means Stay The Course Right?

Yes, stay the course. And yes, stick with your program. This also means have a program (Read up on IPS if you haven’t already), that you developed with a clear mind during good times, that takes into account, the worst times. One you will adhere to in the most difficult times, e.g., sell stocks or b...
by anon3838
Thu Feb 27, 2020 8:58 pm
Forum: Forum Issues and Administration
Topic: Forum is very slow?? is this just today?
Replies: 151
Views: 8907

Re: Forum is very slow?? is this just today?

BH seems to have a fever and a cough.
by anon3838
Sun Feb 23, 2020 1:28 am
Forum: Personal Investments
Topic: Please help me manage ~5M portfolio
Replies: 27
Views: 3409

Re: Please help me manage ~5M portfolio

There’s no mention of monthly/yearly living expenses. It’s hard to assess without that info.
by anon3838
Tue Feb 18, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 9975

Re: Prenup - Worth It?

I would get the pre-nup in your situation and do what you can to make sure you don't co-mingle your pre-marital assets with your marital assets. I would open new taxable and IRA accounts for future contributions. Don't put additional contributions into your pre-marital accounts after you marry. You...
by anon3838
Mon Feb 17, 2020 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Had a baby and received generous check from her great grandparents. Now what?
Replies: 157
Views: 11490

Re: Had a baby and received generous check from her great grandparents. Now what?

When my teenage children were born, they each received a gift of $12K from a family member. Now those 2 UTMA accounts are valued at $55K each. Fidelity or one of the others would be a fine place to open an account...I would first consider where your existing assets are and make this as easy as possi...
by anon3838
Mon Feb 17, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Having a baby in April 2020 - Whats your best financial advice for a new parent
Replies: 102
Views: 7914

Re: Having a baby in April 2020 - Whats your best financial advice for a new parent

Open a 529 account as soon as the baby is born. Fund it on a regular basis and invest 100% in equities. A few years before college, you can dial back the asset allocation to something less risky. +1 Take advantage of time in market, and invest as early as possible. When friends and family ask what ...
by anon3838
Mon Feb 17, 2020 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Risky Financial Decisions You’ve Made in the Past
Replies: 49
Views: 3538

Re: Risky Financial Decisions You’ve Made in the Past

Starting a family.

ETA: Can't imagine life any different, so yes, it was worth the multi-millions I estimate I did not receive in earned income during those years with a young family.
by anon3838
Mon Feb 17, 2020 11:20 am
Forum: Personal Consumer Issues
Topic: Which Rolex to get for DW?
Replies: 52
Views: 3932

Re: Which Rolex to get for DW?

I suppose this is directed more to the Bogleheads ladies as I am more curious about their opinion. So, my lovely wife is approaching a milestone birthday next year and has hinted she would like a Rolex since I got my Rolex at that age as well. She has a thin wrist and does like the 28 mm size. I wa...
by anon3838
Mon Feb 17, 2020 11:07 am
Forum: Personal Consumer Issues
Topic: Do you think I should get a dedicated Chromebook for my financial accounts?
Replies: 60
Views: 4661

Re: Do you think I should get a dedicated Chromebook for my financial accounts?

I've used one computer (MacBook Pro) for everything for years, but have seen advice that it might be a good idea to do all financial account transactions on a separate dedicated computer, such as a Chromebook, in order to minimize the chances of viruses and hacking. Wondering what people think of d...
by anon3838
Mon Feb 17, 2020 10:58 am
Forum: Personal Finance (Not Investing)
Topic: My parents wants the house in my name - Advice?
Replies: 26
Views: 2873

Re: My parents wants the house in my name - Advice?

This all sounds like old country scheming that I've seen in some of my in-law's family. Names are scattered in a bad effort to pass property from one generation to the next, avoiding the tax man. What seems always to be forgotten is that if a property simply is passed in a will, the receiver gets a...
by anon3838
Sun Feb 16, 2020 1:21 pm
Forum: Personal Investments
Topic: Vanguard lists my cost-basis (cost per share) the same for all lots
Replies: 20
Views: 2894

Re: Vanguard lists my cost-basis (cost per share) the same for all lots

I found this post because I was trying to figure out why 12 lots of VTSAX spread out over an 8-month time frame all have the same Cost Basis. My VTSAX shares are at Fidelity. Do I call Fidelity to get this fixed? I'm also wondering if this (calculation error?) is affecting the "Personal Returns" cal...
by anon3838
Sat Feb 15, 2020 2:35 pm
Forum: Personal Investments
Topic: Horrible Experience with Vanguard [Login account security]
Replies: 163
Views: 10757

Re: Horrible Experience with Vanguard

I tried to access my online Vanguard account and the site did not recognize my computer. Apparently when I received a Windows update last night, my cookies were deleted. To make matters worse, I moved and changed my phone number on my account over a year ago. However, the phone number for getting a...