Bogleheads.org

formerlybroke

Called to follow-up on outstanding transfer out of Vanguard to Fidelity. Knowing they have had long hold times I selected the 'move money to Vanguard' phone option in the hopes that the call would be answered faster. Ha! +16 minutes on hold. And, to add insult to injury, it's taken them 3 weeks to b...

formerlybroke

Herman Miller chair, yes. Aeron model, no.

Embody is my choice, particularly as a tall guy: https://www.hermanmiller.com/products/s ... dy-chairs/

formerlybroke

My Twitter feed has more than one person who gives away money. They post something to the affect of: “I know times are hard for so many, and if you’re struggling leave me your CashApp, Venmo, or PayPal and let me know what you need”. As you might imagine they get hundreds of replies. I read through ...

formerlybroke

Do you allow that amount of insurance to determine how much you will invest with them? Via SIPC site: “ SIPC protects against the loss of cash and securities – such as stocks and bonds – held by a customer at a financially-troubled SIPC-member brokerage firm.” As neither Fidelity nor Vanguard meet ...

formerlybroke

Have successfully used a tiered model to sell based on time, not price. In all cases my agent agrees to pay full 3% to buyers agent. Here’s what was agreed to at the time. Note, this was during a period when real estate was just entering a sellers market after a cyclical dip. 4.5% if escrows opens w...

formerlybroke

First thing I’d do is make sure he knows that the dollar sign precedes the number: $5000.

Always has.

You’ve not mentioned any timeline so it’s hard to say.

formerlybroke

Have ordered meal online (restaurant direct vs 3rd party delivery) and in notes for order have asked that meal be 1) donated to community member in need 2) proceeds pocketed by owner.

formerlybroke

anon_investor wrote: ↑Sat Jan 16, 2021 7:05 pm Doesn't DFA offer ETFs now? That may be a better option than paying an advisor 1%.

Active ETFs launched Q4 2020
https://us.dimensional.com/etfs

formerlybroke

Brokerages generally have provisions to give others access to your accounts at varying levels. With some you can do it all on-line, other require paper forms (sometimes with signatures notarized). I don't think marriage grants any special access, you still have to proceed with their procedures. htt...

formerlybroke

In 2021 the notion that ALL index annuities are bad is both dated and ill informed. As with any product there are providers that deliver well constructed contracts, at appropriate fee levels, to support index related returns. Do you have any particular indexed annuities in mind? Plenty to explore h...

formerlybroke

We have had good luck with Bosch dishwashers. The most recent purchase was SilencePlus ( https://www.bestbuy.com/site/bosch-500-series-24-top-control-built-in-dishwasher-with-autoair-stainless-steel-tub-3rd-rack-44-dba-stainless-steel/6360648.p?skuId=6360648 ) a couple years ago and it does a good ...

formerlybroke

In 2021 the notion that ALL index annuities are bad is both dated and ill informed. As with any product there are providers that deliver well constructed contracts, at appropriate fee levels, to support index related returns. That said, index annuities are far more complex and require you to do addi...

formerlybroke

This beast has been churning through everything in its path for 11 years, never an issue:

Fellowes Powershred 79Ci 100% Jam Proof Medium, Duty Cross, Cut Shredder
https://amzn.to/3nj0cc9

Really well made product.

formerlybroke

What is the typical cost for health insurance for a couple before they come of age to qualify for medicare benefits in California? Wouldn't this be a huge cost for FIRE retirees? I’m 60, so five years before Medicare kicks in. CA resident, no kids, no subsidy. 2021 is $1759 per month for silver pla...

formerlybroke

From CFP Board whitepaper: Building a Wealth Management Practice: Measuring CFP® Professionals' Contribution https://tinyurl.com/y585cgyl This study references four different segments of advisor clients based on investable assets :  Mass-market clients have less than US$100,000 in investable assets...

formerlybroke

Does anybody spend significantly more than $90k/year in retirement? I speak with hundreds of retirees each year. Most are HNW individuals or couples. The median budget in retirement is about $70,000 - this includes travel but does not include income tax or gifts. Only about 10% of the retirees I sp...

formerlybroke

May I’m not understanding your question. Reinvesting dividends in the same fund/ETF is done without cost. If you’re investing dividends from fund A into fund B, and the funds are no load, where’s the $10 charge coming from? Short answer for me: don’t accumulate dividends. Reinvest as they are paid, ...

formerlybroke

Never. Ever.

DW enjoys all forms of yard work, DIY repair, painting, remodeling. Only gal in the neighborhood with TWO leaf blowers.

Have offered to hire gardener multiple time. After 33 years I’ve stopped asking...

formerlybroke

Just listened to a podcast episode that updated folks that ‘found’ money that had been escheated. Thought, after searching archives, I’d bump this - as yesterday I was searching on behalf of family at various states’ sites. No luck for me, but there’s a whole lot of money out there waiting to be cla...

formerlybroke

Agreed. Kitchen alone can hit 50k pretty fast. Maybe I should pass 3) then? I cannot imagine being happy living there. Ive done that enough living in a walk up of manhattan for a year. OP Look cost of home improvements is always in a range determined by what you decide to do. Lot of good points by ...

formerlybroke

Always go for the best neighborhood. You can always add on or remodel later on, but you can't change your neighborhood without selling. Be sure to look at school ratings if that's important for you. Also school ratings affect home prices. We've both purchased a new home and remodeled an older home....

formerlybroke

If it helps, I asked very similar (same?) question here quite recently

viewtopic.php?f=11&t=333642

formerlybroke

When I first exited corporate America and entered entrepreneurial America in 2007 (with LLC as you), I decided to use online payroll service to handle all payroll processing and tax payments/reporting. Yes, it’s a $55 cost per month, and is worth more to me as I don’t spend extra time trying to unde...

formerlybroke

Dates posted below as start of year, with my age (wife is a bit younger). Net worth is joint and include home/car values/loans when applicable. 2016, age 22 | -12.000 (I started grad school, wife in undergrad) 2017, age 23 | 24,500 (wife graduated, started working) 2018, age 24 | 331,000 (lucky tra...

formerlybroke

1976 $0.00 Literally, we spent our last dollar on drinks on our way home from our honeymoon. 40 years with the same company. Low level manager. Frugal. Generous. Reliable investor: 70/30 S&P 500/GNMA all the way. Raised two boys and paid for their college. 2020 $3.2 million Simple (not easy) st...

formerlybroke

31, single income, 2 kids. Feel pretty good about our NW increase this year, since we bought a house w/ acreage, and there was a lot of capital expended on new tools and equipment to maintain the property. 2017 - $162,984 2018 - $213,642 2019 - $289,308 2020 - $383,954 At 31? Yeah, you should feel ...

formerlybroke

Happy New Year! Year - Age - Net Worth - Salary 2019 - 22 - $8,100 - $12,100* 2020 - 23 - $75,800 - $89,200 I like the idea of tracking and updating here annually. I'm most inspired by the more "average-earner" progressions since I'm not in a high-paying career, but it's also nice to see ...

formerlybroke

You are correct I cannot assess the commissions, embedded within the rates, but what I can do is look to see if there's any small difference in rates or any pattern thereof. If I don't see any distinctive pattern between the providers, then I have to assume the internal cost structure is similar. T...

formerlybroke

It will be interesting to see if we can discern any difference in commissions to the provider, by comparing rates. Hopefully there will be enough MyGAs to compare. Speaking as a former senior executive at an insurance carrier who sold annuities, and who was actively involved in both the rate settin...

formerlybroke

Our net worth increased 30% this year. It includes value of our home equity because that's the definition of net worth. Excluding home equity is by definition not net worth. +1...Thank you. Major re-engineering of portfolio in 2020 = significant reduction in equities. Still had 13.5% increase in NW...

formerlybroke

I have both participated in and been the paid leader of mastermind groups. The one I participated in was a professional group of small business owners and the sole focus of the group was improving our practices through better uses of technology. It was quite productive and most calls resulted in an...

formerlybroke

This should help: https://www.bogleheads.org/wiki/TIPS

formerlybroke

I'm 33, generally a passive index fund investor and have little interest in (or experience with) active, higher cost funds. - I currently have about 15% of my investable assets in cash (high yield savings) and would like to reduce that to 5% or less, but I'm nervous about adding that much to my ind...

formerlybroke

I spend $80/hour twice a month to speak with a life coach. She seems to keep me on the rails and if I go too long without talking with her I tend to stray from my good habits. If she keeps you on point and you feel like it’s productive, it doesn’t matter what anyone here thinks. And I charge 5x tha...

formerlybroke

I found that as well and I also found it confusing... In order to make a contribution for this year, you must establish your Solo 401(k) plan by December 31, 2020 and make your employee contribution election by the end of the calendar year That makes it seem like you have to do it by year end. Unle...

formerlybroke

Post dated 11/8/20: “ While the 2019 SECURE Act extended the deadline to adopt a Solo 401k plan from the end of the year to the business tax return deadline including any timely filed extension, the IRS has not yet updated its prior guidelines stating that employee contributions must be elected by t...

formerlybroke

On 09/26/2020 I reached 100k NW. I haven't dipped below it yet, somehow. I know that's pitiful to the majority of the posters here, but it was a significant milestone for me, and I'm quite proud of the progress. 100k is an enormous springboard. Keep up the good work.. compounding and your investing...

formerlybroke

I have both participated in and been the paid leader of mastermind groups. The one I participated in was a professional group of small business owners and the sole focus of the group was improving our practices through better uses of technology. It was quite productive and most calls resulted in an ...

formerlybroke

Any ARM product we have had always bases payment off of current principal balance.

And we’ve made principal payments before the reset date to immediately lower the monthly payment.

formerlybroke

I spend $80/hour twice a month to speak with a life coach. She seems to keep me on the rails and if I go too long without talking with her I tend to stray from my good habits. If she keeps you on point and you feel like it’s productive, it doesn’t matter what anyone here thinks. And I charge 5x tha...

formerlybroke

aktx97 wrote: ↑Tue Dec 29, 2020 2:33 pm I began 2020 with 7 debts and am ending it with only 2. I should be debt free (student loans) by the end of 2023.

Well done!

formerlybroke

palanzo wrote: ↑Mon Dec 28, 2020 5:53 pm
Tdubs wrote: ↑Mon Dec 28, 2020 5:38 pm I stayed the course, but this thread has taught me that a lot of BHers think this once-in-a-century event (I hope) is instructive about how to invest over a couple decades.
This was certainly not a once-in-a-century event if you referring to the financial events.

+1

formerlybroke

TAX LOSS HARVEST MISSED OPPORTUNITY: In March of 2020, I didn't have a plan. I missed a chance to tax loss harvest (TLH). Vanguard's Intermediate Muni VWIUX was at $14.88 on March 9 $13.31 on March 20 $14.86 on Dec. 24 I could've done a TLH on March 19th, 20th, 23d, or 24th. I missed it. If VWIUX d...

formerlybroke

Retirement for me (60 y/o) is financially and attitudinally well within reach - with one major consideration: What the heck will I be doing with my time? While my original plan was extensive world travel, courtesy of covid that will have to wait. So I ask you Bogleheads: -What are you doing to stay...

formerlybroke

Surprised DW with a pair of pink w/red hearts wooly socks, lined with fleece. She was thrilled. CVS special $9.99. 8-) We spare no expense for the holidays.... Also, put my 89 y/o mother’s new Honda Civic lease payment on my checking account for auto-pay. And yes, I’m not sure 89 year olds should st...

formerlybroke

There’s a LOT here, thanks for your replies and perspectives. One thing that’s had me thinking since I asked for this valuable feedback is the notion of allowing time to do ________. I spent 40 years in sales and executive management. You were either on a quota/judged by your monthly output or ensur...

formerlybroke

Been using Screencast O-Matic for years. Simple & affordable. Looks like they have a holiday special in progress:

https://screencast-o-matic.com/plans

formerlybroke

7eight9 wrote: ↑Wed Dec 23, 2020 2:19 pm Bored to tears. The highlight of my day is when I can go back to sleep.

Yikes, appreciate the honesty.

formerlybroke

Taylor Larimore wrote: ↑Wed Dec 23, 2020 2:13 pm My "spare" time is spent trying to help investors on the Bogleheads Forum!

Thanks Taylor - what's occupies your time that isn't "spare" (assuming your retired) and if you don't mind the question.

formerlybroke

Retirement for me (60 y/o) is financially and attitudinally well within reach - with one major consideration: What the heck will I be doing with my time? While my original plan was extensive world travel, courtesy of covid that will have to wait. So I ask you Bogleheads: -What are you doing to stay ...

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