Search found 111 matches

by RonSwanson
Thu Dec 10, 2020 12:50 am
Forum: Personal Finance (Not Investing)
Topic: What should a 23 year old consider before purchasing a Tesla?
Replies: 264
Views: 13339

Re: What should a 23 year old consider before purchasing a Tesla?

If you are thinking far enough into the future, owning a car at all will seem outdated :)
by RonSwanson
Thu Nov 12, 2020 2:25 am
Forum: Personal Investments
Topic: Short term holding of cash exceeding FDIC limits
Replies: 22
Views: 2092

Re: Short term holding of cash exceeding FDIC limits

Thanks everybody for your input
by RonSwanson
Thu Nov 12, 2020 2:23 am
Forum: Personal Investments
Topic: Short term holding of cash exceeding FDIC limits
Replies: 22
Views: 2092

Re: Short term holding of cash exceeding FDIC limits

000 wrote: Wed Nov 11, 2020 6:24 pm Trying to market time when it's "safe" to exceed FDIC limits seems like a pointlessly dangerous venture.
Yeah that is part of why I am asking in this thread
by RonSwanson
Wed Nov 11, 2020 3:20 pm
Forum: Personal Investments
Topic: Short term holding of cash exceeding FDIC limits
Replies: 22
Views: 2092

Re: Short term holding of cash exceeding FDIC limits

How long a period of time are you talking about? Personally, I would go so far as to check the bank's rating at Bauerfinancial.com or at DepositAccounts.com to make sure it isn't actually in trouble. Then I might shrug and take the risk. A few weeks probably. I know I'm being paranoid but had an ac...
by RonSwanson
Wed Nov 11, 2020 2:34 pm
Forum: Personal Investments
Topic: Short term holding of cash exceeding FDIC limits
Replies: 22
Views: 2092

Short term holding of cash exceeding FDIC limits

Hello everybody, My wife and I are purchasing some property in a cash transaction. We have the funds in various money market funds and CDs which will have to be sold before wiring to the escrow company. The total would exceed the FDIC limits on our account by a lot. I know it is low risk, but what i...
by RonSwanson
Fri Oct 30, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Questions for A Future Spouse
Replies: 90
Views: 5802

Re: Financial Questions for A Future Spouse

Samosa22 wrote: Wed Oct 28, 2020 6:11 pm
Tdubs wrote: Wed Oct 28, 2020 4:23 pmDuplicate
This one would be hilarious to ask. :wink:
BWAHA!
by RonSwanson
Thu Oct 15, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

All of this information is so great. Thank you.
by RonSwanson
Tue Oct 13, 2020 6:45 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

stan1 wrote: Tue Oct 13, 2020 6:32 pm What's the budget for this house? These frugal Bogleheads are going to get up well over $500/square foot to construct it.
On average around $500 sq/ft. Some areas will be on the lower side (unfinished basement sections), some higher (main floor), and some in the middle (bedroom floor).
by RonSwanson
Tue Oct 13, 2020 5:26 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

Sound control is very important to me, both noise transfer and acoustics of the room. I like how high ceilings look but not how they sound, so investigating a new technology where you buy wood panels that are micro-perforated (2mm holes) and have insulation behind to absorb sound. Not cheap of cours...
by RonSwanson
Tue Oct 13, 2020 5:24 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

Sandtrap wrote: Tue Oct 13, 2020 4:35 pm A list:
...

j :happy
Epic list, thank you!
by RonSwanson
Tue Oct 13, 2020 4:22 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

Could you tell us some more about the property? It would help direct our thoughts. The property is well over an acre on a high bank waterfront. Almost 180 degrees of water view, then 90 degrees of trees and field. So part of our design restriction is making good use of the views which is certainly ...
by RonSwanson
Tue Oct 13, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

mkc wrote: Tue Oct 13, 2020 3:08 pm Have had 3 homes built.
Thanks MKC for your advice. Great list!
by RonSwanson
Tue Oct 13, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

Watty wrote: Tue Oct 13, 2020 2:57 pm I have not built one but one big thing you should do is to make sure that the house is reasonably handicap friendly.
Good idea. We also have parents who are aging and we want it accessible to them if they are in a wheel chair as well.
by RonSwanson
Tue Oct 13, 2020 2:40 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

Once you get the room layouts finalized.....think about in advance - and document the location of every electric outlet, switch, cable drop etc. it will be easier once the framing goes up. Think about how you'll move throughout the house.....where you'll need 3 way type switches etc. Put in extra o...
by RonSwanson
Tue Oct 13, 2020 2:27 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Re: Building a new house - Successes and regrets?

1) Mudroom between garage and kitchen. Keeps shoes, jackets and kids stuff out of the house. Add washer/dryer plus sink here. Can't tell you how many times the kids strip dirty cloths here, throw directly in the washer or wash off cloths. Check! This is already in the plans - great idea from my wif...
by RonSwanson
Tue Oct 13, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Building a new house - Successes and regrets?
Replies: 53
Views: 5197

Building a new house - Successes and regrets?

Hello! My wife and I are in the escrow process for some beautiful property with great views. The existing structures need to be torn down and we will be building a new house. We have three young children and I hope that they are still young when this process is over :) Building a new house involves ...
by RonSwanson
Wed Sep 09, 2020 4:55 pm
Forum: Investing - Theory, News & General
Topic: Friend being seduced by a wealth manager...what do you know about "Brown US Equity" or "C-worldwide"?
Replies: 22
Views: 2672

Re: Friend being seduced by a wealth manager...what do you know about "Brown US Equity" or "C-worldwide"?

I would never go with a money manager claiming they can beat the market. Money managers are great for people who are not interested/capable or do not have time to manage a simple portfolio themselves.
by RonSwanson
Wed Sep 09, 2020 2:16 am
Forum: Personal Investments
Topic: Favorite 529 plan these days?
Replies: 21
Views: 1701

Re: Favorite 529 plan these days?

stilllurking wrote: Tue Sep 08, 2020 6:07 pm +1 for New York.

Started with Utah in 2010 but transferred to NY a few years after. All funds in NY are 0.13% ER. All low cost Vanguard funds. I think the Nevada is all 0.15% so you're splitting hairs there.
How do you like the NY interface and management?
by RonSwanson
Tue Sep 08, 2020 6:01 pm
Forum: Personal Investments
Topic: Favorite 529 plan these days?
Replies: 21
Views: 1701

Favorite 529 plan these days?

Hello, I am a Washington State resident and want to super fund 529 plans for my young children. Trying to decide on which plan to use as I'm not a fan of the Washington plan. I've heard people like: Utah New York Nevada (Vanguard) Should anything else by on my short list or any of the above removed?...
by RonSwanson
Fri Sep 04, 2020 6:22 pm
Forum: Personal Investments
Topic: Neutralizing TSLA in VTSAX?
Replies: 20
Views: 1991

Re: Neutralizing TSLA in VTSAX?

Do you dislike these companies financially- worried that they will drag down your returns? Or do you disagree with them fundamentally in that you just can't in good conscience hold shares of them?
by RonSwanson
Wed Sep 02, 2020 3:27 pm
Forum: Personal Investments
Topic: Lowering tax bracket: VWIUX -> VBTLX?
Replies: 2
Views: 241

Lowering tax bracket: VWIUX -> VBTLX?

This year my wife and I are going to be well into the top tax bracket for ordinary income. We have about 50% of our fixed income in VWIUX and the rest in a combination of VBTLX and CDs. Our state does not have income tax. Next year is going to be different. I plan on leaving my job early in the year...
by RonSwanson
Mon Aug 31, 2020 12:56 pm
Forum: Personal Consumer Issues
Topic: Should I sell my stash of dental floss now worth $3,000?
Replies: 123
Views: 15030

Re: Should I sell my stash of dental floss now worth $3,000?

I use this floss and will seriously miss it when I soon run out. But probably not going to pay $80/pack for it either!

Did you sell? What is the TLH partner for this floss? :)
by RonSwanson
Tue Aug 25, 2020 5:18 pm
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 434
Views: 32215

Re: What is the best concert you ever witnessed?

My first concert, Pink Floyd The Division Bell tour in 1994. Nothing else has ever come close nor will it!
by RonSwanson
Fri Aug 21, 2020 2:19 am
Forum: Personal Consumer Issues
Topic: What would you do?
Replies: 5
Views: 779

Re: What would you do?

I'm interested in something along the lines of improving the world of foster care, adoption, etc.
by RonSwanson
Wed Aug 19, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving Seattle or Vancouver, WA
Replies: 88
Views: 6447

Re: Thinking of moving Seattle or Vancouver, WA

What about Camas, Washington? It's in southern Washington state (a no income tax state), near the border with Portland, Oregon (a no sales tax state). It's where I live, and we love it here. A lot of people are here for the schools though and our taxes are always getting higher. The OP will get mor...
by RonSwanson
Sun Aug 16, 2020 5:53 pm
Forum: Personal Investments
Topic: DAF recommendations?
Replies: 31
Views: 1596

Re: DAF recommendations?

Thanks everybody. The stock would be coming from a Schwab account. Not sure if this makes it worth going with them or not, I assume I can transfer it to any of the funds perhaps with more paperwork... If your taxable investing account is at Schwab I would use Schwab Charitable for simpler and more ...
by RonSwanson
Sun Aug 16, 2020 5:04 pm
Forum: Personal Investments
Topic: DAF recommendations?
Replies: 31
Views: 1596

Re: DAF recommendations?

Thanks everybody. The stock would be coming from a Schwab account. Not sure if this makes it worth going with them or not, I assume I can transfer it to any of the funds perhaps with more paperwork...
by RonSwanson
Sun Aug 16, 2020 1:56 pm
Forum: Personal Investments
Topic: DAF recommendations?
Replies: 31
Views: 1596

DAF recommendations?

I am going to donate some equities to charity this year and want to use a DAF. Any recommendations for or against? I've seen Vanguard, Fidelity, and Schwab. The 0.60% fee looks about the same for all of them...
by RonSwanson
Sat Aug 15, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much house to buy in Seattle?
Replies: 33
Views: 3620

Re: How much house to buy in Seattle?

Would you be sending your kids to public school or trying to get into private? This will be a factor on where you might want to live.

Seattle seems to be going down hill though, I might consider other areas.
by RonSwanson
Thu Aug 13, 2020 3:24 pm
Forum: Personal Investments
Topic: Assets going from 600K->15M, should I change my asset allocation?
Replies: 175
Views: 17987

Re: Assets going from 600K->15M, should I change my asset allocation?

So I was in a similar situation about 6 months ago, only a little older and with a family. We got intros with several big investment firms. All of them were very nice and knowledgeable. I think they would do a great job if you are happy with their structure and price. Morgan Stanley Flat 0.50% AUM f...
by RonSwanson
Sat Jul 25, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: Family expanding - Time for a 3 row SUV
Replies: 69
Views: 4049

Re: Family expanding - Time for a 3 row SUV

Dear Bogleheads Thank you for the thoughtful responses. The minivan topic has been broached this am with the spouse :) I was frankly surprised to see such strong support for minivans - it seems to me that those who have one are really strong advocates given the utility one derives from it - 3rd row...
by RonSwanson
Fri Jul 24, 2020 6:38 pm
Forum: Personal Consumer Issues
Topic: Family expanding - Time for a 3 row SUV
Replies: 69
Views: 4049

Re: Family expanding - Time for a 3 row SUV

Buy a minivan like the Odyssey. The 2021 Sienna looks great too.

My wife didn't really want one either and now there is no going back. If you have enough people to need three rows, you also have enough people to need more storage space and convenience.
by RonSwanson
Wed Jul 22, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Pursue a Job Offer I am not ready for? Apply more pressure for my Raise? Wait?
Replies: 56
Views: 4647

Re: Pursue a Job Offer I am not ready for? Apply more pressure for my Raise? Wait?

I think that if you interview for the job, it should be for the intent of taking that new higher paying job and not to use as leverage against your current company. There is plenty of evidence that you could be making more, in particular because they already promised that you would be making more. T...
by RonSwanson
Wed Jul 08, 2020 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: How do I fix my mistake/blunder with recruiter/offer
Replies: 33
Views: 2932

Re: How do I fix my mistake/blunder with recruiter/offer

The quote on the back said "You'll never know unless you ask." That's for sure! Most of my huge bumps have come from asking along with some helpful leverage. I have been trying to get my underpaid co-workers to do the same but they just laugh like I'm joking. I work with some people who c...
by RonSwanson
Fri Jun 26, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on the Way, Portfolio Check-In and Things to Do Now
Replies: 6
Views: 368

Re: Baby on the Way, Portfolio Check-In and Things to Do Now

Make sure that when the baby arrives, you have some very solid time to spend exclusively with it. They are magical and you don't get that time back :) We have used nanny shares for the little ones. More convenient than a daycare, not typically more money, and fewer germs. When they hit pre-school ag...
by RonSwanson
Wed Jun 24, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: Any Astronomy Buffs Out There?
Replies: 81
Views: 5844

Re: Any Astronomy Buffs Out There?

Yes I am getting into this as well. I got accepted to go to the Texas Star Party (look it up) with my daughter but it got cancelled due to COVID-19. Hopefully next year.

Make plans to drive to the top of Mauna Kea as well. Then you will be hooked!
by RonSwanson
Mon Jun 22, 2020 5:18 pm
Forum: Personal Investments
Topic: Where to park some Cash for a year or 2
Replies: 11
Views: 1730

Re: Where to park some Cash for a year or 2

You could lock in a rate with a no-penalty CD.
by RonSwanson
Fri Jun 19, 2020 11:18 am
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 35450

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]

LS (random date within a time window) Greater than 0% chance of highest possible return Greater than 0% chance of lowest possible return DCA (infinite number of purchases) 0% chance of highest possible return 0% chance of lowest possible return Many people want to avoid that lowest possible return,...
by RonSwanson
Wed Jun 17, 2020 11:40 am
Forum: Personal Finance (Not Investing)
Topic: How much umbrella insurance?
Replies: 146
Views: 8001

Re: How much umbrella insurance?

I have umbrella insurance currently, but our NW has increased significantly and I'm trying to determine if we need more. The cost goes up quick as the coverage increases. Something along the lines of: $5M - $700/year $10M - $2700/year $15M - $4700/year $20M - $6700/year I'm not sure how I can evalu...
by RonSwanson
Wed Jun 17, 2020 11:39 am
Forum: Personal Finance (Not Investing)
Topic: How much umbrella insurance?
Replies: 146
Views: 8001

Re: How much umbrella insurance?

I have umbrella insurance currently, but our NW has increased significantly and I'm trying to determine if we need more. The cost goes up quick as the coverage increases. Something along the lines of: $5M - $700/year. $140 $10M - $2700/year $270 $15M - $4700/year $313 $20M - $6700/year $335 I was s...
by RonSwanson
Tue Jun 16, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much umbrella insurance?
Replies: 146
Views: 8001

How much umbrella insurance?

I have umbrella insurance currently, but our NW has increased significantly and I'm trying to determine if we need more. The cost goes up quick as the coverage increases. Something along the lines of: $5M - $700/year $10M - $2700/year $15M - $4700/year $20M - $6700/year I'm not sure how I can evalua...
by RonSwanson
Mon Jun 15, 2020 8:11 pm
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 35450

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]

Also I think there is some mental benefit with moving money in gradually in that you get used to large market swings over time. With a $1M portfolio, you might be used to seeing $20K daily swings. Switching to a $10M portfolio overnight it might not feel great at first to go through $200K daily swin...
by RonSwanson
Mon Jun 15, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 35450

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]

With both LS and DCA, you must decide the time to put the money in the market. For LS, do you do it this second or finish your sandwich first and have the order go in after close so that it happens the next day? When the market is moving 2000 points in a day or 1000 points in seemingly minutes, that...
by RonSwanson
Fri Jun 12, 2020 1:53 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 1.25% to 1.10%
Replies: 81
Views: 8984

Re: Ally Bank savings interest rate dropping from 1.25% to 1.10%

Thanks for the heads up! I got 1.2% just under the wire.
by RonSwanson
Thu Jun 11, 2020 4:32 pm
Forum: Personal Investments
Topic: Thoughts on today's sell-off?
Replies: 194
Views: 16580

Re: Thoughts on today's sell-off?

The market tanked because I was going to sell some equities to buy my company stock options two days ago and then lost track of time and forgot.

:)
by RonSwanson
Fri Jun 05, 2020 3:11 pm
Forum: Personal Investments
Topic: FDIC Insurance above $250K
Replies: 21
Views: 1308

Re: FDIC Insurance above $250K

According to FDIC.gov:
"The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. "

So a single account and a joint account would be insured separately, for example. That is my understanding at least.
by RonSwanson
Tue Jun 02, 2020 2:17 am
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 35450

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used

If going fully invested (in whatever AA you choose) makes you weak in the knees right now, why wouldn't you feel the same 6 months from now? Pick an asset allocation you are comfortable with *right now*, and go all in. After 6 months, you may be used to the idea of having this much money and having...
by RonSwanson
Mon Jun 01, 2020 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is voice verification more secure?
Replies: 16
Views: 1850

Is voice verification more secure?

I'm curious about voice verification for account access. Couldn't a thief record my voice? Do they ask you to say the same thing each time or is it always different?

I'd rather have voice verification + security questions, but that doesn't seem to be an option?