Search found 2573 matches

by epilnk
Tue Jul 31, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11196

Re: Treasury Bonds are the Only Bonds You Need

This has been my philosophy for many years now - I don't know how long, but well before the 08 crash. Swenson also advocates holding fixed income in treasuries. It has served me well. However past performance is no guarantee of future returns, and the world is changing. I've begun adding corporates....
by epilnk
Sun Jul 29, 2018 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

UTMA so long as the amount is not substantial. You used to be able to tax shelter up to $2,150 per year per minor in income/capital gains but with recent tax law changes I believe those amounts have changed (we'd have to research that). You will need to be custodian as minors can not legally contro...
by epilnk
Sun Jul 29, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

Yes, there is some tax sheltering in a UTMA account. I referenced that in my post, and it is in the Wiki. Just curious as to whether you have the information you need to decide what to do. Not really. I did check the wiki first, and I'm getting more parenting advice than answers. I probably chose t...
by epilnk
Sun Jul 29, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

Look at it this way. Disregarding the value of the account, if you and your spouse died, would you want your kids controlling their inherited assets? That is why their assets are held in trust for them, either one you create or one that the state approves of (UGMA). An adult needs to make the trade...
by epilnk
Sun Jul 29, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

My sister and I (who are 18 and 22, respectively) both began working as teens. When we started, in an attempt to get us investing, my parents told us they would match all our Roth IRA contributions up to the $5,500 annual limit. So, when one of us worked a summer and made $2,000 (for example), we w...
by epilnk
Sun Jul 29, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Dual language vs Traditional Public School
Replies: 23
Views: 1188

Re: Dual language vs Traditional Public School

We put both of our kids in a Spanish Full Immersion elementary. Ours uses the 90/10 model, which is different from yours; it starts out being exclusively (90% max, but pretty much exclusively) in Spanish until the second semester of second grade, at which time they introduced english reading 4 hrs p...
by epilnk
Sun Jul 29, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: When mortgage rates are high, why invest in stock market?
Replies: 36
Views: 4271

Re: When mortgage rates are high, why invest in stock market?

The short answer is liquidity has a disproportionate value to some people at certain stages of their lives. A young family employed in a volatile industry may choose to keep assets more liquid. The longer answer is long term trends require a pretty long horizon. Those of us who are disillusioned by ...
by epilnk
Sun Jul 29, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9216

Re: Toughest Purchase of my Life. Engagement Ring time

Darth Xanadu wrote:
Fri Jul 27, 2018 3:55 pm
One ring to rule them all.


https://www.tungstenfashions.com/lord-o ... 0b_MvldUXU
Do you really want your spouse wearing that? Personally, I'd be wary of the person who needed that ring ...
by epilnk
Sun Jul 29, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

But minors aren't supposed to control investments. That is why they have a guardian specified on their accounts. Why do you want to encourage them to do something they are not supposed to do? You are teaching them the wrong thing. And this encouragement may violate the terms of this forum. I'm pret...
by epilnk
Sun Jul 29, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

epilnk, I recently established an account for my son at Vanguard for just this purpose - to help my son learn how to invest. I put 5000 into a UTMA account for him and showed him how to buy Total Stock Market. I told him that if he managed it well (with my help), I would (as long as it is feasible)...
by epilnk
Thu Jul 26, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

Sorry that was unclear. Obviously gifting low basis stock only works if the gains are tax sheltered, which is why I am asking about whether there are any tax advantages to using an UTMA account. If not, we will fund with cash.
by epilnk
Thu Jul 26, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 101
Views: 11634

Re: $1 million house--- sanity check

People talking about whether 1500 sq ft is enough or 3000 sq ft is too much need to keep in mind that square feet is not the whole story. Unfinished space can make an enormous difference. OP is from NorCal. He quite likely doesn't have a basement and may not have a useable attic. A 1500 sq ft house ...
by epilnk
Thu Jul 26, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 101
Views: 11634

Re: $1 million house--- sanity check

You don't have kids yet, so you may not have a realistic idea of what you most want from a house. We didn't, until after we had both the house and the kids. There is no perfect family house because the same family will have different preferences at different stages. What suits a family with toddlers...
by epilnk
Thu Jul 26, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 101
Views: 11634

Re: $1 million house--- sanity check

We traded the starter house in a barely OK school district for the forever house in the excellent school district. I wonder how many people who buy a supposed "forever house" actually stay there forever and never purchase another home. My guess is the % is quite small. We started with a small fixer...
by epilnk
Thu Jul 26, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

Yes, it will be taxed anyway, but you lose the opportunity to use your capital losses to offset gains. Not a concern - I'd either fund with cash or low basis stock. Also, their taxes are more complex to prepare (at least in the past). Believe me I know on both points. This is something I didn't thi...
by epilnk
Thu Jul 26, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9216

Re: Toughest Purchase of my Life. Engagement Ring time

z91 wrote:
Thu Jul 26, 2018 5:52 pm
This is BH..of course all the women are cognizant of retirement funds and how much power an early investment of this amount can bring.
And the men are not?
by epilnk
Thu Jul 26, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

I should probably clarify that I've been a member of this board since before it was this board (back when it was Vanguard Diehards on M*). So probably something like 15 years, and I used to be an active participant. I'm pretty familiar with the content and the philosophy, and the forum. If they need...
by epilnk
Thu Jul 26, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9216

Re: Toughest Purchase of my Life. Engagement Ring time

Interesting. Scrolling through these comments I notice a pattern among posts where I can either assign a gender from the content or guess it from the name. For the most part the people saying "just buy the ring you won't regret it" are men. The women are mostly either saying "talk to her" or "oh hel...
by epilnk
Thu Jul 26, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Re: Investment accounts for teens to control

Misenplace wrote:
Thu Jul 26, 2018 2:42 pm
The other downside is that the earnings are subject to the kiddie tax.
https://www.bogleheads.org/wiki/Kiddie_tax
The earnings are going to be taxed either way - the kiddie tax isn't in addition to the tax it would have under our ownership.
by epilnk
Thu Jul 26, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9216

Re: Toughest Purchase of my Life. Engagement Ring time

I doubt it... She probably wants the fairytale wedding and ring... Every girl's dream. Dude, NO! It is not every girl's dream. Not by a long shot. That's a media creation; some girls (and guys) buy it, some don't. You need to know whether it is HER dream. If it is, the expense is worth it. But you ...
by epilnk
Thu Jul 26, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1273

Investment accounts for teens to control

My teens have expressed an interest in learning to invest. I would like to set them each up with a sum of money that they control at Vanguard, with the intent of letting have this sum as a nest egg to start post college life. Think of it as an educational graduation gift. They can start making their...
by epilnk
Sat May 02, 2015 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Everyone is saying to get out of Bond Funds? Ignore?
Replies: 55
Views: 11049

Re: Everyone is saying to get out of Bond Funds? Ignore?

"Everyone" has been saying to get out of bond funds for 3-5 years now, because interest rates have only one way to go. It was maybe 5 years ago that my confidence started to be shaken by the chatter, though I stayed the course. But then almost 3 years ago I had a lump some that was supposed to go mo...
by epilnk
Mon Apr 27, 2015 4:24 pm
Forum: Personal Consumer Issues
Topic: Marginal benefit of spending more on car
Replies: 83
Views: 9769

Re: Marginal benefit of spending more on car

What features exactly would make it worth spending fifteen or thirty THOUSAND extra dollars on a car? How much more comfortable could it be? My $15k (bought 2-year used) Honda Civic even has heated seats (which I almost never use since I park in a garage). What do the $50k cars offer that would mak...
by epilnk
Thu Apr 16, 2015 11:12 pm
Forum: Personal Consumer Issues
Topic: Considering the new MacBook 12-inch Retina ...
Replies: 26
Views: 5024

Re: Considering the new MacBook 12-inch Retina ...

Thanks for the update. I'm also leaning in the same direction. While the form factor is enticing and 2 pounds would be amazing, I think I can handle a 3.5 pounder. After all, I'm typing this on a 4.5 pound macbook pro and don't recall ever wishing it were smaller. And I think the pro will age better...
by epilnk
Mon Mar 23, 2015 11:51 pm
Forum: Personal Consumer Issues
Topic: Considering the new MacBook 12-inch Retina ...
Replies: 26
Views: 5024

Re: Considering the new MacBook 12-inch Retina ...

I'm thinking about it. It's time for a new primary machine so I can downgrade this one (5 years old) to backup general use family laptop and photo storage, and retire the 2006 Macbook that is really starting to show it's age. I don't really need a lot of power so the macbook air would normally be fi...
by epilnk
Mon Mar 23, 2015 9:37 pm
Forum: Personal Consumer Issues
Topic: What won't you pay with Credit Card?
Replies: 77
Views: 12834

Re: What won't you pay with Credit Card?

I live in a medium sized town with fairly strong local business, so I pay cash or debit for anything local. I don't think Visa needs to skim a percentage of my vet bill or my taqueria check so even though the difference accrues to the merchant, not me, I prefer to keep the profits in town. Big box s...
by epilnk
Thu Jan 22, 2015 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you pay off your "forever" home
Replies: 52
Views: 6164

Re: What age did you pay off your "forever" home

50-ish? We could have paid it off a few years earlier but saw no reason to do so. Also this is our third house, but not our "forever" house; I don't see us staying here after our kids are grown.
by epilnk
Thu Jan 22, 2015 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Poll [Cemetery or Cremation]
Replies: 20
Views: 1491

Re: Poll

Honestly, I don't expect to care - I don't plan to stick around for either.
by epilnk
Mon Jan 12, 2015 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Why not long-term bond fund for the long haul?
Replies: 11
Views: 2193

Re: Why not long-term bond fund for the long haul?

That's the way I did it - specifically long treasuries as recommended by David Swenson. (Also long munis, though those weren't very long.) Unfortunately I only reached this level of investing when I was already entering middle age, not young. So I've already begun decreasing our overall bond duratio...
by epilnk
Sat Jan 10, 2015 12:39 am
Forum: Personal Finance (Not Investing)
Topic: HELOC as emergency fund - what am I missing?
Replies: 11
Views: 2974

Re: HELOC as emergency fund - what am I missing?

HELOCs have this bad tendency to go away when they are needed, as many people discovered in 2008. Or be revoked if the bank discovers a job loss or other change in circumstances. Or be canceled for no stated reason ("this bank no longer offer this product however we will wave the fees if you decide ...
by epilnk
Thu Jan 08, 2015 3:42 pm
Forum: Investing - Theory, News & General
Topic: Is "stay the course" a commandment or a suggestion?
Replies: 60
Views: 5649

Re: Is "stay the course" a commandment or a suggestion?

Rick also states: "Now I’m planning a move toward a neutral global mix. I believe the opportunities outside the U.S. ..." does not strike me as market timing or anything other than having his portfolio reflect market capitalization rates which some BHs feel is the only weight of international/U.S. ...
by epilnk
Mon Jan 05, 2015 3:55 pm
Forum: Investing - Theory, News & General
Topic: Is "stay the course" a commandment or a suggestion?
Replies: 60
Views: 5649

Re: Is "stay the course" a commandment or a suggestion?

I think it means stay with whatever course you set in advance, in order to keep you from making decisions in the moment in response to temporary conditions or upheavals. But that means choosing a course that you are willing to stay with, so if you've done that, you should follow through. You don't n...
by epilnk
Sat Jan 03, 2015 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Next steps? PhD student w/ almost no tax-advantaged space
Replies: 19
Views: 2575

Re: Next steps? PhD student w/ almost no tax-advantaged spac

Don't worry about it. Your income is presumably low enough that the advantage of tax advantaged space is minimal. Focus on tax efficiency for now. Max your Roth and put the spillover into TSM or TI. I had to postpone grad school for financial reasons, so couldn't save at all (other than e-fund) from...
by epilnk
Thu Dec 18, 2014 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to teach young kids to be frugal?
Replies: 65
Views: 6281

Re: How to teach young kids to be frugal?

It's been almost 50 years, and I still have that little animal. He's been like a savings amulet, because every time I look at him, I am reminded again how good it felt to make my very first financial decision. (At the time his cost of $2 represented 1/2 my net worth(!), so it was probably a questio...
by epilnk
Thu Dec 18, 2014 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to teach young kids to be frugal?
Replies: 65
Views: 6281

Re: How to teach young kids to be frugal?

flyingaway wrote:Yesterday I mentioned the word "frugal" to my high school son. He told me impatiently that he does not know what it means and I should not bother him.
Understandable. I know I hate to be bothered when vocabulary slips my mind. For example the word "allowance" can be a bit slippery.
by epilnk
Sun Dec 14, 2014 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to teach young kids to be frugal?
Replies: 65
Views: 6281

Re: How to teach young kids to be frugal?

I also think that making sure kids just understand basic finance is key. My son's university required all freshman to take a class that had some finance information as part of it. My son reported that most of his classmates did not know the difference between a checking and savings account and most...
by epilnk
Sun Dec 14, 2014 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to teach young kids to be frugal?
Replies: 65
Views: 6281

Re: How to teach young kids to be frugal?

Speaking of lying, I remember my mother telling me that people who get everything they want get "spoiled" and she didn't want us to be spoiled. So she was not going to give us everything we wanted and that was that. She never pretended there was no money. Of course, I didn't get it at the time but ...
by epilnk
Sun Dec 14, 2014 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to teach young kids to be frugal?
Replies: 65
Views: 6281

Re: How to teach young kids to be frugal?

Not much can be done with the two year old yet; not old enough to understand. The key for the five year old is to teach deferred gratification. Many parents do this with an allowance. The key is the the child has to save for a period of time to get something they want. They have to learn to forgo a...
by epilnk
Sun Dec 14, 2014 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: 529 advice for California based family.
Replies: 15
Views: 2458

Re: 529 advice for California based family.

We live in CA. I'm happy with the NV plan, and I prefer the simplicity of having everything at VG. My inlaws who live out of state separately started CA 529s for their grandchildren and that's fine too. Which plan has the absolute lowest cost options will probably vary over the course of 18 years; w...
by epilnk
Wed Dec 03, 2014 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do we have too much house?
Replies: 45
Views: 5712

Re: Do we have too much house?

You left out two key points: how old are your kids, and how big is the house? We're raising two kids in just under 2000 square feet and even without a basement (nobody has basements here) it was plenty of space - until the oldest hit 12. Now we really really really want a bigger house. Even though w...
by epilnk
Wed Dec 03, 2014 3:18 pm
Forum: Personal Consumer Issues
Topic: Would you move/stay for better school district?
Replies: 55
Views: 8862

Re: Would you move/stay for better school district?

Funny how a website full of folks who believe in data to make decisions in their jobs (all the engineers and software folks out there) and in their investing decisions do not have any concrete data to support their stance on this topic. Does anyone have data to support their decisions? Do kids who ...
by epilnk
Sun Nov 30, 2014 3:51 am
Forum: Personal Consumer Issues
Topic: Would you move/stay for better school district?
Replies: 55
Views: 8862

Re: Would you move/stay for better school district?

Yes, we would and did move to get into the school district we wanted. But it really depends on what you mean by "best". It's pretty hard to identify a good school from the outside. Some things I would look for: - Access to magnet programs - School choice within the district - Diverse set of extra cu...
by epilnk
Sun Nov 30, 2014 2:52 am
Forum: Personal Finance (Not Investing)
Topic: Life changing decision... advice needed!
Replies: 93
Views: 14620

Re: Life changing decision... advices needed!

My spouse thinks that I should go to fellowship because we will be fine anyways, even if the goal is delayed. That is true, but money made today has more value than money made in the future. I am not likely to have the same income (300-400K/year) in the next 4-5 years. The investor in me sees many ...
by epilnk
Sun Nov 30, 2014 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Life changing decision... advice needed!
Replies: 93
Views: 14620

Re: Life changing decision... advices needed!

My spouse thinks that I should go to fellowship because we will be fine anyways, even if the goal is delayed. That is true, but money made today has more value than money made in the future. I am not likely to have the same income (300-400K/year) in the next 4-5 years. The investor in me sees many ...
by epilnk
Sat Nov 29, 2014 8:33 pm
Forum: Personal Consumer Issues
Topic: When do you feel comfortable financially to have kids?
Replies: 59
Views: 5876

Re: When do you feel comfortable financially to have kids?

You have your children when you are ready. Most people have a vision of the kind of family life they have in mind, and know what they need to achieve it. This varies. If you are risk averse you make sure you have your finances well settled, but everyone here has a different risk threshold and nobody...
by epilnk
Sat Nov 29, 2014 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Jane Austen's Economics
Replies: 60
Views: 19449

Re: Purchasing power parity

And Charlotte has a very bad set of options, and it is arguable she chose the lesser of the evils before her. Elizabeth realizes this eventually, but the book does end with Charlotte pregnant with Mr. Collin's baby (so Austen reminds us just how bad that marriage option really was). Charlotte has a...
by epilnk
Sun Nov 23, 2014 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Jane Austen's Economics
Replies: 60
Views: 19449

Re: Jane Austen's Economics

At the first glance, the Austen's women's excessive focus on marriage seems pathological. But when the financial power is taken into consideration, getting a right husband is equivalent to graduating college as a valedictorian and passing LSAT or MCAT. Victoria Don't forget that for women of a cert...
by epilnk
Thu Nov 13, 2014 8:15 pm
Forum: Personal Consumer Issues
Topic: Is buying organic worth it financially in the long term?
Replies: 124
Views: 10762

Re: Is buying organic worth it financially in the long term?

As I understand your story: There is a microbe that keeps insects off the crops. This microbe produces many chemicals, one of which is particularly deadly to insects. When scientists tried to isolate the toxic chemical, it was so toxic that they dropped the project. My take: - In its natural habita...
by epilnk
Thu Nov 13, 2014 7:31 pm
Forum: Personal Consumer Issues
Topic: Is buying organic worth it financially in the long term?
Replies: 124
Views: 10762

Re: Is buying organic worth it financially in the long term?

livesoft wrote:
epilnk wrote:… but I don't think radiation is routinely screened for, for obvious reasons.
Perhaps you meant radioactivity?
Yeah, mistype.
by epilnk
Thu Nov 13, 2014 7:30 pm
Forum: Personal Consumer Issues
Topic: Is buying organic worth it financially in the long term?
Replies: 124
Views: 10762

Re: Is buying organic worth it financially in the long term?

I realize that there may be natural pesticides, but feel that manufactured additives are on balance worse than the natural equivalents. This is just an article of faith, partly based on a distrust of corporations and the information they disseminate about their products and practices, and I could b...