Search found 2800 matches

by beyou
Sun Nov 17, 2019 9:04 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 93
Views: 5555

Re: Why do you have to "beat the market"?

There is a practical reason. Inflation. If you make a below avg return with an avg starting portfolio, you will lose spending power over time vs those that start with an avg size portfolio but have >= avg returns. But we aren't talking about making a below average returns (unless I am missing somet...
by beyou
Sun Nov 17, 2019 8:49 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 93
Views: 5555

Re: Why do you have to "beat the market"?

There is a practical reason. Inflation.

If you make a below avg return with an avg starting portfolio, you will lose spending power over time vs those that start with an avg size portfolio but have >= avg returns.
by beyou
Sun Nov 17, 2019 12:23 am
Forum: Personal Consumer Issues
Topic: Toyota Highlander vs Subaru Ascent--Advice
Replies: 36
Views: 3546

Re: Toyota Highlander vs Subaru Ascent--Advice

On my 4th Subaru, and starting to tire of their reliability issues. 3 of 4 have had issues and Subaru sticks their head in the sand and wont/cant fix them. I am going to look at Toyota again when I get my next car.
by beyou
Mon Nov 11, 2019 6:15 pm
Forum: Personal Investments
Topic: Move 401k to brokerage account?
Replies: 13
Views: 790

Re: Move 401k to brokerage account?

If they have low fee index funds in brokerage and not the 401k core funds, yes that may be a reason to open. Are the TD funds low fee index funds ? If so I would pick the closest one for your desired AA and leave at that. You can move to another TDF later if you want to be more or less aggressive. I...
by beyou
Sun Nov 10, 2019 9:00 am
Forum: Personal Investments
Topic: Move 401k to brokerage account?
Replies: 13
Views: 790

Re: Move 401k to brokerage account?

You might get better help if you explain in more detail what you seek to accomplish. You mentioned multiple TDFs, and that you want better visibility of you AA. The TDF is intended to be a way to simplify and use a single fund, with auto allocation. Why multiple TDF ? Many here keep AA simple and ma...
by beyou
Sat Nov 09, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7571

Re: Do you charge your employer for the time that you spend working on your off days?

General advice from strangers with a different career, boss and employer is not going to help. You need to evaluate your boss, job and company and decide what works. I look at this both as a boss and having a boss too. And my approach with my bosses was to understand or ask criticality. Do what is n...
by beyou
Tue Nov 05, 2019 4:38 pm
Forum: Personal Consumer Issues
Topic: Electric shavers - foil vs rotary
Replies: 24
Views: 1918

Re: Electric shavers - foil vs rotary

After years of using a Norelco rotary, tried a Braun foil and didn't like it at all.
Back to Norelco rotary I went and happy again.

That said if you want a really close shave, need a good blade and Cremo as mentioned above.
If find it quicker and less cuts using Norelco rotary though.
by beyou
Tue Nov 05, 2019 9:33 am
Forum: Personal Consumer Issues
Topic: Verizon or AT&T for mobile phone service
Replies: 6
Views: 480

Re: Verizon or AT&T for mobile phone service

Can only comment on Verizon. While I am in an urban area and may experience different results from you, my experience was very good until recently. I was tempted by an offer to switch to unlimited data for the same monthly price I had been paying with a fixed amount of data, staying with same vendor...
by beyou
Mon Nov 04, 2019 5:32 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 544
Views: 72420

Re: Flaunt Your High-Mileage Car

2007 Toyota Sienna: 165K and no plans to sell it 2016 Kia Sorrento: 75K in 3 years of driving - this one’s still a baby! Had a 1998 Toyota Sienna that I sold in 2012 with over 100k. Engine was LIKE NEW but body used to rattle with all the loose parts/bolts. I used to call it my bucket of bolts. Dec...
by beyou
Sat Nov 02, 2019 7:55 am
Forum: Personal Consumer Issues
Topic: Timeshare offer experience
Replies: 103
Views: 10231

Re: Timeshare offer experience

Absolutely love my 5 timeshares (Disney, Westin,Sheraton,Marriott,Hilton). All bought resale of course for 50% or more off retail. Many many years of travel with family in 2 or 3 bedrooms and look forward to many more with grand kids. Absolutely forced to go places and take vacations. Don’t you hav...
by beyou
Fri Nov 01, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: HRA vs HSA ?
Replies: 3
Views: 469

Re: HRA vs HSA ?

Third option for now. I have family insurance plan now, and another 24 yr old on it. Until he comes off it (2 years max) my younger son can stay on it too. No extra premium to keep him, and he benefits from our family deductible. As soon as elder son gets own insurance, O can switch to couple for us...
by beyou
Fri Nov 01, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: HRA vs HSA ?
Replies: 3
Views: 469

HRA vs HSA ?

Son got first FT job offer. Employer in MA gives choice of HRA or HSA. The coverage slightly biases employees towards the HRA since deductibles/copays are a bit lower, but not significantly. I have never been offered an HRA, only HSA. HSA seems superior as you keep the funds, HRA is a use it or lose...
by beyou
Fri Nov 01, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 70368

Re: Why are you NOT buying rental properties?

Dead Man Walking wrote:
Wed Oct 30, 2019 11:12 pm
To answer the question in a word - tenants. Most are a pita!

DMW
+1

Was stuck once with a place I had lived in but couldn't sell.
Rented and finding tenants was a pain. Pain to deal with.
Eventually sold at a loss just to avoid the maintenance costs and headaches.
Never again.
by beyou
Thu Oct 31, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Email agreement differs from contract. Help with dispute in NY
Replies: 30
Views: 1690

Re: Email agreement differs from contract. Help with dispute in NY

Or do the job you agreed to do in writing and don't do the rest...
We all have to decide where to draw the line for ourselves.
by beyou
Tue Oct 29, 2019 7:44 pm
Forum: Personal Investments
Topic: Vanguard system problem: buy reversed
Replies: 20
Views: 1748

Re: Vanguard system problem: buy reversed

Just because they fix from your POV does not mean the mistake is hidden. A system can have an audit trail and the website can display the desired portions to the consumer. Auditors can see more than that usually, if they choose to look. And I think most clients prefer to see accurate records, not an...
by beyou
Tue Oct 29, 2019 7:00 pm
Forum: Personal Investments
Topic: Vanguard system problem: buy reversed
Replies: 20
Views: 1748

Re: Vanguard system problem: buy reversed

I have worked in the money management business for many years. At my firm, if we discover an error, and discover financial impact causing losses to our clients, we do reimburse them. We write up a full "error report" to document event, root causes, possible prevention, and our client is reimbursed ...
by beyou
Tue Oct 29, 2019 6:24 pm
Forum: Personal Investments
Topic: Keep in Vanguard Employer Plan, or Move Elsewhere?
Replies: 4
Views: 284

Re: Keep in Vanguard Employer Plan, or Move Elsewhere?

You don't say how much is in the old nor new plan, but I would be biased to consolidate to your new plan since it's a "Vanguard" plan. This assumes the choices you have in the new 401k are as good or better than the old 401k. I prefer keeping $ in a single consolidated 401k unless you have a very ba...
by beyou
Tue Oct 29, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much deferred maintenance would make you walk away from a home deal?
Replies: 30
Views: 2361

Re: How much deferred maintenance would make you walk away from a home deal?

Matter of how much time you have to devote as well as the price. Can you stay in your current home for a few months and carry both while renovating the new place ? Add the carrying cost of two homes to the cost of the repairs, and see if it makes financial sense. But you if have to move, such as a j...
by beyou
Mon Oct 28, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8839

Re: How much do you plan to spend on your children's weddings?

I would not encourage frivolous spending. Can't of many things more frivolous than the lavish weddings people have. My FIL offered cash in lieu and my bride to be and MIL wouldn't hear of it. Years later my FIL had serious financial troubles, and I realized he couldn't say no to his wife and daughte...
by beyou
Sun Oct 27, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: Optimum Triple Play vs Altice One?
Replies: 2
Views: 206

Re: Optimum Triple Play vs Altice One?

Ask for fiber Altice.
by beyou
Sun Oct 27, 2019 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: 15 vs 20 year term life???
Replies: 33
Views: 2285

Re: 15 vs 20 year term life???

Sometimes your dependents may depend longer than anticipated. Getting a new policy in 15 years will be really expensive. I would get the 20.
by beyou
Sun Oct 27, 2019 11:51 am
Forum: Personal Investments
Topic: Benefits of Flagship Status at Vanguard?
Replies: 65
Views: 7712

Re: Benefits of Flagship Status at Vanguard?

I am one of those who CAN'T convert (upgrade as they say today) my account to a brokerage acct, due to employer restrictions as to what brokers i can use (I can invest in old platform at any fund company but brokerage at only a select list not including Vanguard). My Flagship rep helped me do a Roth...
by beyou
Sun Oct 27, 2019 11:41 am
Forum: Personal Investments
Topic: Vanguard system problem: buy reversed
Replies: 20
Views: 1748

Re: Vanguard system problem: buy reversed

I have worked in the money management business for many years. At my firm, if we discover an error, and discover financial impact causing losses to our clients, we do reimburse them. We write up a full "error report" to document event, root causes, possible prevention, and our client is reimbursed i...
by beyou
Thu Oct 24, 2019 11:14 pm
Forum: Personal Consumer Issues
Topic: Want to stop renting optimum modem.
Replies: 21
Views: 1590

Re: Want to stop renting optimum modem.

Was considering doing this, except this cable company is starting to roll out fiber to the home. New customers only for now. The old cable modems will not be useful if/when you switch to fiber. I can go to fios now, but sounds like we’ll have competing fiber options at some point!
by beyou
Wed Oct 16, 2019 4:33 pm
Forum: Personal Investments
Topic: Back Door Roth At My Age?
Replies: 15
Views: 1534

Re: Back Door Roth At My Age?

I guess I should explain further. Currently we have 40% of or Investment assets in land we rent out. 40% is in Taxable mutual funds of VITAX, VHCIX, VTSAX and VSMAX. 10% in sep reg and roth IRA in VWINX. Also 10% in our HSA invested in VSMAX. Wanted to have a little in a tuned up bond fund in VWINX...
by beyou
Wed Oct 16, 2019 6:42 am
Forum: Personal Investments
Topic: Back Door Roth At My Age?
Replies: 15
Views: 1534

Re: Back Door Roth At My Age?

Thought there was no RMD from a Roth until after death of the owner no matter the age? Maybe I am wrong? Correct but you will pay taxes on the whole tax deferred sep balance when you convert to Roth, so the conversion is like one huge RMD. You can’t avoid paying taxes on the SEP, only minimize by w...
by beyou
Wed Oct 16, 2019 6:37 am
Forum: Personal Investments
Topic: Back Door Roth At My Age?
Replies: 15
Views: 1534

Re: Back Door Roth At My Age?

I would wait until after your retire, between 65-70, before rmd, but after you leave the 35% bracket. Of course tax brackets may change, or you may have other sources of income so you remain in a high tax bracket. But If lower bracket after retirement then it makes sense at that time. Also, you make...
by beyou
Tue Oct 15, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: Doctors charging for things outside of insurance, is this Kosher?
Replies: 55
Views: 5575

Re: Doctors charging for things outside of insurance, is this Kosher?

As elective medical care, you can’t expect all to be covered by insurance, nor a doctor to work for free. And many docs have a no show fee, I dont think you are being nickel and dimed.

Be glad you can afford such elective medical care and pay for it.
by beyou
Thu Oct 10, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Vanguard Will Join The No Commission Party?
Replies: 40
Views: 4803

Re: Do You Think Vanguard Will Join The No Commission Party?

I am already entitled to free trades and dont use them.
Who really goes to Vanguard to trade individual stocks ?
by beyou
Thu Oct 10, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Open Enrollment - to HSA or not HSA?
Replies: 23
Views: 3158

Re: Open Enrollment - to HSA or not HSA?

Are the networks of doctors the same for both ? That would be most important to me. I same then it’s just a financial decision based on assumptions, such as if you will remain in your job. My single son will have to make same decision next year as his employer is also giving a choice of the two. The...
by beyou
Tue Oct 08, 2019 12:16 pm
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4922

Re: Help Me Decide on a New Vehicle?

Given the desire for more space than existing small SUV, why suggest other small SUV brands ? I had suggested Outback in part because it's bigger (I have a Forester and Outback does have more cargo and better on long drives). But the new Ascent or other mid-size SUV models may be more interesting. I...
by beyou
Tue Oct 08, 2019 7:42 am
Forum: Personal Investments
Topic: 2019 traditional IRA contribution limits, confusing to me
Replies: 12
Views: 661

Re: 2019 traditional IRA contribution limits, confusing to me

Yes, sorry I forgot you are eligible to go direct to Roth IRA, for now.
In the future, if your income rises ahead of the income limits, then you can do the so called back door
(T-IRA then R-IRA conversion) to add more funds to the Roth after you are no longer eligible to contribute directly to Roth.
by beyou
Tue Oct 08, 2019 6:58 am
Forum: Personal Investments
Topic: 2019 traditional IRA contribution limits, confusing to me
Replies: 12
Views: 661

Re: 2019 traditional IRA contribution limits, confusing to me

You can also consider a non deductible contribution and later convert/roll to a Roth IRA. No deduction now, but once you convert you get tax free growth. If you do so, be sure to record a non deductible contribution on its 8606 to track and avoid paying taxes a 2nd time when converting to Roth IRA. ...
by beyou
Mon Oct 07, 2019 6:32 pm
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4922

Re: Help Me Decide on a New Vehicle?

For skiing, Subaru Outback...AWD and lots of room for equipment in the back.
Much more comfortable on highway drives than a small SUV.
by beyou
Mon Oct 07, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Illness "loophole" for Travel Cancellation Insurance
Replies: 10
Views: 1183

Re: Illness "loophole" for Travel Cancellation Insurance

My brother recently planned to take his adult son on an expensive vacation. Since it was pre-paid, he decided to purchase trip cancellation insurance. Subsequently, my nephew was hospitalized due to mental illness. The claim was denied by Allianz since apparently mental illness is excluded while ph...
by beyou
Sun Oct 06, 2019 9:19 pm
Forum: Investing - Theory, News & General
Topic: New York Life
Replies: 10
Views: 1477

Re: New York Life

F150HD wrote:
Sun Oct 06, 2019 6:33 pm
Had to deal with New York Life when a parent passed away it was an absolute living nightmare.
Do tell, what went wrong ?
by beyou
Sun Oct 06, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces investment strategy -- opinions?
Replies: 48
Views: 4333

Re: Michael Kitces investment strategy -- opinions?

In theory at 70 when taking SS, you both have more fixed income cf, and less longevity to plan. Makes sense except for fact that we have no idea if SS benefits may be reduced as has been feared, and no idea how long one may live past that point. Can be 30 years except 30 years horizon at the age of ...
by beyou
Sat Oct 05, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: At wits end with mortgage company issues
Replies: 74
Views: 5651

Re: At wits end with mortgage company issues

Two different issues to focus on here. 1) Check your credit report to make sure they are not reporting late payments, and escalate relentlessly to them if so. 2) Check with your local prop tax collector and confirm they make timely payments. Not in bank’s interest to delay or miss payments, but they...
by beyou
Sat Oct 05, 2019 9:51 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15985

Re: How many are switching from Fidelity?

Execution can impact the cost of your trade as much as commissions. No idea if Fidelity or anyone can guarantee they would be more honest and get you best execution (rather than direct trades to revenue sharing exchanges). That and cash yields (or lack of) are how these firms make money on self dire...
by beyou
Fri Oct 04, 2019 8:14 pm
Forum: Personal Investments
Topic: Considering switch from Vanguard to eTrade...pros, cons and other input?
Replies: 57
Views: 4583

Re: Considering switch from Vanguard to eTrade...pros, cons and other input?

I agree with comment about cust scv in general,
Citi among the worst. But etrade continues to give me excellent service with a tiny acct (most of assets at Vanguard).
by beyou
Thu Oct 03, 2019 8:44 pm
Forum: Personal Investments
Topic: Vanguard: Transition to our new investment platform
Replies: 65
Views: 28938

Re: Vanguard: Transition to our new investment platform

I just received one of these emails from Vanguard today (10-3-19), which is interesting since my husband and I have both had accounts with Vanguard for many years and I don't recall them sending us an email about this before. They didn't send one to my husband, only to me. It seems like SIPC protec...
by beyou
Thu Oct 03, 2019 8:38 pm
Forum: Personal Investments
Topic: Vanguard: Transition to our new investment platform
Replies: 65
Views: 28938

Re: Vanguard: Transition to our new investment platform

My big complaint is that the brokerage 1099s aren’t available until mid-February so I can’t file my taxes early. I did read this. With the mutual fund accounts, the 1099 tax forms are available rather quickly. I agree but there is always something that holds things up. I once filed early, then got ...
by beyou
Thu Oct 03, 2019 8:34 pm
Forum: Investing - Theory, News & General
Topic: Investment Fees - a game of whac-a-mole?
Replies: 10
Views: 1021

Re: Investment Fees - a game of whac-a-mole?

<t>Many years ago I bought airline tickets on the now defunct TWA.<br/> Being young and naive, I asked, what if the prices drop, can I exchange for the lower price ?<br/> Their answer was "if we lower the price any further, there will be no fuel in the plane".<br/> <br/> I work in the investment ind...
by beyou
Thu Oct 03, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: How to watch Yankees game when I have Hulu
Replies: 4
Views: 454

Re: How to watch Yankees game when I have Hulu

Stubhub and go there in person, that’s my plan.
Unfortunately no free trial.
by beyou
Thu Oct 03, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: Altice Mobile
Replies: 14
Views: 1490

Re: Altice Mobile

Someone wrote a great overview of Altice Mobile's pros and cons on Reddit https://www.reddit.com/r/AlticeMobile/comments/da3q8i/why_to_switch_to_altice_mobile_and_why_not_to/ I've thought about switching, but I'm iffy about Sprint. Thanks. After reading this I am hesitant to switch. While I mostly ...
by beyou
Wed Oct 02, 2019 11:14 pm
Forum: Personal Investments
Topic: Considering switch from Vanguard to eTrade...pros, cons and other input?
Replies: 57
Views: 4583

Re: Considering switch from Vanguard to eTrade...pros, cons and other input?

Looking at the free NTF Vanguard funds, some Admiral, some Investor shares at higher er, most missing. One of my key funds in taxable etrade has investor and i have admiral. Not sure if they will take a transfer and if they did, would be costly to sell/rebalance. No etf equivalent (state muni). So w...
by beyou
Wed Oct 02, 2019 10:43 pm
Forum: Personal Consumer Issues
Topic: Altice Mobile
Replies: 14
Views: 1490

Re: Altice Mobile

Interested to hear where people have traveled and if the service was good in various locations.
Sprint is the main provider, which didn't have a good rep in the past.
That said, Verizon is getting too many customers and I think their network is overloaded in my area.
Sprint may well be just as good ?
by beyou
Wed Oct 02, 2019 5:32 pm
Forum: Personal Investments
Topic: Considering switch from Vanguard to eTrade...pros, cons and other input?
Replies: 57
Views: 4583

Re: Considering switch from Vanguard to eTrade...pros, cons and other input?

Now that Etrade has free etf/stock trading, the move looks even better. Can use some st bond fund instead of leave cash, and trade in/out all you want !
by beyou
Wed Oct 02, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Risks with seeing out of network dentist?
Replies: 22
Views: 1399

Re: Risks with seeing out of network dentist?

This is the reason why I don't believe in dental insurance. It is really prepaid services , and if you are limited to certain dentists of unknown quality and availability, why pre-pay for the unknown ? I happen to have a really great plan from my employer, and a local dentist who takes the payments...
by beyou
Tue Oct 01, 2019 10:40 pm
Forum: Personal Investments
Topic: Considering switch from Vanguard to eTrade...pros, cons and other input?
Replies: 57
Views: 4583

Re: Considering switch from Vanguard to eTrade...pros, cons and other input?

You will pay more for Etrade but will get better service. If I keep my current Vanguard mutual fund holdings, which I understand currently have no transaction fees and no commissions at E*Trade, in what way will I pay more? Am I overlooking or misunderstanding some E*Trade fees? Thanks! No interest...