Search found 1631 matches

by Random Poster
Fri Jul 20, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: $3 Million in Cash at 31; Looking to Invest $2M of it
Replies: 16
Views: 3665

Re: $3 Million in Cash at 31; Looking to Invest $2M of it

So that will leave me with around $2 million to invest. I am leaning towards the simple three-fund portfolio. My main goal is to beat inflation and not risk all of my money. For that reason, I am thinking a ratio of stocks to bonds of 55%/45% or 50%/50%. Vanguard Total Stock Market Index Fund Admir...
by Random Poster
Mon Jul 16, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Investing in oil?
Replies: 13
Views: 894

Re: Investing in oil?

Consider buying a working interest in an oil or gas well. Or an overriding royalty interest. Or just buy minerals outright. You can get much closer to the wellhead that way and there may be some tax benefits....
by Random Poster
Thu Jul 12, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4565

Re: Asset Allocation for High Net Worth (>$3M) Individuals

One of life's greatest ironies, IMHO, is that people want to have money in order to spend it. But in order to have money, one cannot spend it. Maybe, but you don't need to have money (or event want to have money) in order to spend it. A high-limit credit card will do just fine... Most people don't ...
by Random Poster
Thu Jul 12, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3345

Re: New construction: financing fell through, builder won't return deposit/earnest $

There may be a conflict between the "seller may" language in financing paragraph and the last line in the commitment deposit paragraph, but--based on a very quick reading---the conflict does not appear to be in the buyer's favor. In that respect, I'm particularly interested in reading how the buyer ...
by Random Poster
Wed Jul 11, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5364

Re: Anyone take naps at work?

In an environment where work intrudes on activities that one conducts at home, it should be perfectly acceptable for such activities to intrude on those that are conducted at work.
by Random Poster
Tue Jul 10, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car, and my insurance is ripping me off!
Replies: 37
Views: 2853

Re: Rodents ate my car, and my insurance is ripping me off!

Again, why is the name of the company important to you? If I said "state farm" (for example), would your answer be different than the answer if I said "Allstate" or "Progressive"? Personally, I'd like to know the name of the company so that I'd be able to avoid using them in the future. Considering...
by Random Poster
Mon Jul 09, 2018 2:47 pm
Forum: Investing - Theory, News & General
Topic: Why 3-funds and not 4-funds or even 2-funds?
Replies: 56
Views: 4398

Re: Why 3-funds and not 4-funds or even 2-funds?

If your portfolio is sizeable, I suppose that you may need 4 funds to maintain your preferred asset allocation, with one of the funds being a tax-exempt bond fund held in your taxable account.
by Random Poster
Sun Jul 08, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: Used Honda - How to confirm it was serviced on time?
Replies: 18
Views: 1197

Re: Used Honda - How to confirm it was serviced on time?

Is there anything in the service history besides oil changes and the 3-year brake fluid change that I should expect to see on a CRV in the 2010 - 2013 range? The rear differential fluid is supposed to changed every 30k miles (I think), but that only applies if the car is AWD. Spark plugs get change...
by Random Poster
Fri Jul 06, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: The Worst U.S. Portfolio Disasters — A Historical Comparison
Replies: 66
Views: 5556

Re: The Worst U.S. Portfolio Disasters — A Historical Comparison

Looks to me like a 50/50 split would have many advantages---perhaps it is the best way to ensure that one gets an average of the average returns?
by Random Poster
Fri Jul 06, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Every Other Friday Off
Replies: 52
Views: 5073

Re: Every Other Friday Off

Pretty much everybody in my area at work (there's like 10 of us) does something like that schedule. A couple of us like me basically do that but take a half-day every Friday instead of every other Friday off. Sometimes I wonder about transitioning back to a 5x8 workweek instead because I think it w...
by Random Poster
Mon Jul 02, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5318

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

You got that right! And the strange thing is that it seems the more expensive the hotel is to start with, the more fees they have. Just booked a room in Banff at the Fremont for $450/night because it was the only thing available. But then there was a resort fee, parking fee, and even a fee to use t...
by Random Poster
Fri Jun 29, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 156
Views: 16498

Re: IRS publishes draft 2018 1040 - Huge changes made

WSJ article on the new form: [*]Similarly AMT forecast to go from 5M to 200k households [/list] I suspect that the answer is "yes," but if you have AMT Foreign Tax Carryovers and, because of the new tax law, you are no longer subject to the AMT, do you lose the carryovers and no longer need to trac...
by Random Poster
Tue Jun 26, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 156
Views: 16498

Re: IRS publishes draft 2018 1040 - Huge changes made

A cynic might reasonably believe that, by moving some of the adjustments to income to obscure worksheets, the government is hoping that the taxpayer will find the whole thing overly complicated (or not find the relevant adjustment at all) and give up, thereby paying more tax than they otherwise woul...
by Random Poster
Tue Jun 26, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32440

Re: What is/ was your career and would you recommend it now?

Oil and gas transactional attorney. Would recommend, but with reservations. I have been extremely lucky in my career, which no doubt influences my views, and I am undoubtedly an outlier when it comes to experiences and results. Graduated from a non-top 50 law school (but from the top law school in t...
by Random Poster
Fri Jun 22, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Complain or Negative Review for Rip-off Plumber?
Replies: 29
Views: 2986

Re: Complain or Negative Review for Rip-off Plumber?

jminv wrote:
Fri Jun 22, 2018 5:03 pm
They’ll likely contact you offering a full refund to take it down, which you should accept.
Why?

So that others can experience the same bad service?

Or because it is important to evidence that you can be bought off?
by Random Poster
Thu Jun 21, 2018 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Going unemployed but has a TRS- Teacher retirement system of Texas
Replies: 5
Views: 580

Re: Going unemployed but has a TRS- Teacher retirement system of Texas

3. You contributions do earn interest. I think it is 5%. So there is no big rush to pull them out. They are doing OK. I don't know if there is any deadline that requires you to take the money out if you don't return to teaching. You will have to look this up. You CANNOT keep contributing to your ac...
by Random Poster
Tue Jun 19, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 8405

Re: Which Supermarket are you?

We don't have a lot of choices where we live. No whole foods, or Costco. We mostly buy at HEB. Occasionally at Market Street which is owned by Albertsons. If there wasn't an HEB in this town, I think that I'd probably starve to death. Market Street came to town a few years ago---they don't seem to ...
by Random Poster
Wed Jun 13, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 49
Views: 8588

Re: Vaguard - You'll need to sign up for security codes soon

So how does the sending a security code work if you are logging on to Vanguard's website using a new computer in a new location and you no longer have your old phone number?

How do you update the phone number contact information then?
by Random Poster
Mon Jun 04, 2018 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Employer-subsidized retiree health insurance questions
Replies: 19
Views: 1226

Re: Employer-subsidized retiree health insurance questions

My employer offers this, where the subsidy amount is based on a matrix that combines your age and your years with the company. I have no idea how to value the benefit, but I notice in the company literature that it never says that the subsidy benefit is guaranteed never to change or even remain in e...
by Random Poster
Thu May 31, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4195

Re: steel cut oats in bulk

niceguy7376 wrote:
Thu May 31, 2018 2:02 pm
Are there other brands that are recommended for steel cut oats in bulk?
I was unable to find this at costco site
Consider Wheat Montana Steel Cut Oats, if they are sold in your area.

They are the best ones that I've had.
by Random Poster
Thu May 31, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 50492

Re: What's the ideal safe retirement net worth target?

A target of 2.5m in taxable and trying to get the ACA subsidies? If the goal is to have income less than $62,500 why not have a smaller portfolio and withdraw 3.0-3.5 (lower than 4.0 because you're younger). Sell shares and have the capital returned to you at no cost and pay the capital gains tax o...
by Random Poster
Thu May 31, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 50492

Re: What's the ideal safe retirement net worth target?

I've been thinking about this question for a few days now, and it seems to me that the number would depend upon one's family size, relative ages, and whether health insurance is provided or is something that the individual(s) must purchase on their own. So, for example, for a family of two who are n...
by Random Poster
Wed May 30, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 99
Views: 12729

Re: Have $3m at 33, "approach to career" advice needed

I would rather not try to use assets to cover my lifestyle. Aren't you going to have to do so at some point in your life? As in, while in "retirement" (however you define such a term)? If so, if your current assets can cover your anticipated lifestyle now and in the future, why not let them do so?
by Random Poster
Wed May 30, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Muni mm keeps dropping in yield, thinking of switching
Replies: 5
Views: 1615

Re: Muni mm keeps dropping in yield, thinking of switching

Muni mm yield at vanguard down to 1.15% :( Now there’s almost no advantage for me when compared to prime mm at my bracket of 32%. You sure about that? As I recall, tax-exempt interest is not subject to the Net Investment Income Tax, and if you have a lot of interest (or dividend, or royalty) income...
by Random Poster
Wed May 30, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Is FBAR filing complicated?
Replies: 23
Views: 1715

Re: Is FBAR filing complicated?

For whatever it is worth, I found that completing my first FBAR (back when they were paper forms and, I think, you had to mail them in) was a little complicated, simply because I had to track down all the various bank addresses, do the currency conversions, figure out the highest balance for the yea...
by Random Poster
Fri May 25, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Rum and Summer Cocktails
Replies: 30
Views: 2084

Re: Rum and Summer Cocktails

Google: Celestial Seasonings Bengal Spice Rum Punch It should pull up a Wall Street Journal story for a "Spicy and citrusy, potent and nuanced, a Caribbean-style rum punch" that uses Bengal Spice tea, pineapple juice, rum, and a few other items. I've never had it, but it sounds tasty and simple to m...
by Random Poster
Wed May 23, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12690

Re: how do you tip on wine at a restaurant

I left $50 as a tip for a recent meal (at a nice restaurant) for five people, which was 15 percent. Call me cheap, call me out of touch, call me whatever, but I am not feeling guilty about a $10 per person gratuity. Frankly, I don't think I got my money's worth at that amount, but I'll admit that s...
by Random Poster
Tue May 22, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12690

Re: how do you tip on wine at a restaurant

Personally, I am a repeat customer of a few restaurants, so they know me and I get relatively good service, thus the tips is on the high end of the range (and over it a number of times.) Are you getting relatively good service because you are a repeat customer and the servers know you (and, thus, t...
by Random Poster
Mon May 21, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: Another road trip Denver to Cheyenne
Replies: 11
Views: 1025

Re: Another road trip Denver to Cheyenne

Too bad my grandson will not be with us.Do the trains run frequently?I might go and take a video for the little guy :happy The trains probably run frequently, as it is a big Union Pacific train yard (that might not be the specific or correct term for it) and as I recall the pedestrian bridge crosse...
by Random Poster
Mon May 21, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Another road trip Denver to Cheyenne
Replies: 11
Views: 1025

Re: Another road trip Denver to Cheyenne

Laramie is a real small town that you can fly past if you aren't careful. The University of Wyoming is located here and not much else. The Wyoming Territorial Prison makes for an educational stop. And if one is really into trains, they can stand on the pedestrian railroad overpass just west of down...
by Random Poster
Fri May 18, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Moving to Texas - [Request for clothes, car window tint] recommendations
Replies: 42
Views: 3198

Re: Moving to Texas - [Request for clothes, car window tint] recommendations

Seersucker shirts work well if your office is semi-casual for an "office clothing environment" (I'm not sure what that phrase really means). For the most part, if you are in the office all day, the heat isn't going to be a huge issue, as you will only be out in it when you are going to and from your...
by Random Poster
Thu May 17, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12690

Re: how do you tip on wine at a restaurant

GCD wrote:
Thu May 17, 2018 3:16 pm
[Personally I think the way the US tipping structure has evolved is silly . . . .
Speaking of evolution, I'm astounded that the going tip rate now appears to be 20%. Whatever happened to 15% as the "standard" percentage?
by Random Poster
Thu May 17, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: 2018 Yellowstone Trip advice needed
Replies: 20
Views: 1498

Re: 2018 Yellowstone Trip advice needed

Which lodges do you prefer in the summer for a first-time traveler who wants to go to Teton and Glacier Park? I imagine folks would enjoy Jackson Lake Lodge and the lodge in the Jenny Lake area. The Jenny Lake Lodge is wonderful if you enjoy a somewhat upscale take on a summer camp experience. It c...
by Random Poster
Mon May 14, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 98
Views: 10792

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

The best thing is to have your expenses match the social security. This way you will NEVER have to worry about running out of your portfolio even when the market goes down 100% over your retirement duration. Would that be safe enough for some of you? Oh, and just to be safe, the social security cal...
by Random Poster
Sun May 13, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24939

Re: Lucrative careers?

Petroleum Engineering - highly paid, even within the engineering field likely highest paid. Starting salaries $70K+ with generous incentive comp right out of school. Managers at multi-national and smaller independent oil and gas companies easily make $200K+incentive comp Sure, the pay is good, but ...
by Random Poster
Sat May 12, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3602
Views: 1028213

Re: What Movie Have You Recently Watched?

Wonder.

My wife and I really enjoyed it, but it is emotional and can remind you of just how cruel growing up can be.
by Random Poster
Sat May 12, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24939

Re: Lucrative careers?

Petroleum Engineering - highly paid, even within the engineering field likely highest paid. Starting salaries $70K+ with generous incentive comp right out of school. Managers at multi-national and smaller independent oil and gas companies easily make $200K+incentive comp Sure, the pay is good, but ...
by Random Poster
Fri May 11, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: "Patient paid amount" for month of death in nursing home?
Replies: 33
Views: 3980

Re: "Patient paid amount" for month of death in nursing home?

Who is responsible for the $1430.42 bill?

The Estate? You? Someone else?

If it is the Estate, does the Estate have any assets?
by Random Poster
Wed May 02, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Buying MM fund right before distribution day!
Replies: 13
Views: 1492

Re: Buying MM fund right before distribution day!

are you referring to the money market? Yes. For instance, if the distribution is $0.00122 per share and you owned 10,000 shares that you bought in the middle of the month, you'd get (roughly) 10,000 * 0.00122 * 0.5, similar to an average daily balance computation for bank interest? I don't know if ...
by Random Poster
Tue May 01, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Buying MM fund right before distribution day!
Replies: 13
Views: 1492

Re: Buying MM fund right before distribution day!

You only get credited interest for the day(s) that you own the fund.
by Random Poster
Mon Apr 30, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Must See in South Dakota
Replies: 58
Views: 4362

Re: Must See in South Dakota

The South Dakota Cultural Heritage Center in Pierre is worth a brief stop.

The Dairy Bar at South Dakota State University offers tasty treats. And good cheese selections too.
by Random Poster
Sun Apr 29, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3602
Views: 1028213

Re: What Movie Have You Recently Watched?

Thank You For Your Service.

It is a look at how 3 servicemen handle PTSD after a tour in Iraq. I found the movie to be disturbingly intense. Watching it once is enough.
by Random Poster
Sun Apr 29, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Visiting OK and KS with family
Replies: 31
Views: 1933

Re: Visiting OK and KS with family

If you are going to visit K-State, be sure to stop by the ice cream store on campus and get a few scoops of their offerings nad maybe pick up some cheese too. All of it is pretty tasty and cheap.
by Random Poster
Fri Apr 27, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: What type of lawyer handles will disputes?
Replies: 9
Views: 980

Re: What type of lawyer handles will disputes?

One that handles estates, estate administration, will contests, litigation, and the like.
by Random Poster
Tue Apr 24, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 17673

Re: Can I retire at age 40?

Sounds like a bunch of nothing, but that's life at the end of the day. A series of moments and experiences that aren't necessarily productive or special in and of themselves. Having a job can keep you busy and distract you from that reality for a few decades . . . Well, that is a depressing thought...
by Random Poster
Wed Apr 18, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 3662

Re: Total Cost of Car Ownership over 10 years

I'd just take the expected annual mileage and multiply it by the IRS mileage reimbursement/deduction rate, which is something around 53 cents a mile, I think... And then take that number, inflate it by 2% a year for each year you expect to have the car, and sum it all up. And then take that number, ...
by Random Poster
Wed Apr 18, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9553

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

1. SWR takes inflation into account. 2. Based on 4% SWR for 30 years, 2.5% SWR seems acceptable for 50 years. 3. You have no desire to leave an inheritance. (unless your portfolio does better) 4. You'll be getting social security at age 62 to 70. 5. You'll be on medicare at age 65 6. Hopefully you ...
by Random Poster
Tue Apr 17, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9553

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

How on earth would you arrive at that assumption for the asset allocation you propose? I don't think that I completely follow your statements. Are you asserting that a 50/50 portfolio cannot keep up with inflation, whether with or without any withdrawals from the portfolio? Are you asserting that w...
by Random Poster
Tue Apr 17, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9553

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Easy peasy. I get dividend income out of my retirement accounts every quarter and I have yet to make an IRA withdrawal nor have I changed my asset allocation. Buy in IRA with dividend proceeds, sell same etf in taxable. Pay long term capital gains on 'dividend' income. So---in a simplified world---...
by Random Poster
Tue Apr 17, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9553

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

You seem to be extraordinarily naive about inflation. How so? Shouldn't the underlying portfolio's balance increase (over time) in an amount equal to the inflation rate (over time), such that if I were to withdraw $75K plus inflation, the net effect is zero because I would effectively still have a ...