Search found 1840 matches

by blevine
Sun Jun 24, 2018 6:41 am
Forum: Personal Finance (Not Investing)
Topic: How to pay college tuition from a 529?
Replies: 35
Views: 3054

Re: How to pay college tuition from a 529?

I had 529 send check to 2 different colleges. No problems with either college or the IRS. I hated having to go with paper checks, but leaving your self out if the transaction, I have heard, avoids IRS love letters. So I went with the advice and all was well. Would do it again, except spent all our 5...
by blevine
Sat Jun 23, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: 1st Vanguard Complaint in 30 years
Replies: 14
Views: 2327

Re: 1st Vanguard Complaint in 30 years

It is helpful to inform the public of issues so others can decide if they want to take the same actions or not. I have heard enough complaints about transfers of ira, would never transfer an ira to vanguard, or do anything that required any manual effort on the part of their customer service. I do h...
by blevine
Sat Jun 23, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 51
Views: 6075

Re: FAFSA EFC number shock! [Expected Family Contribution]

Private schools where my kids applied and got merit, and there were a few, NONE asked for fafsa as a requirement for the merit.

And of the public schools they applied, 3 gave merit, and only 1 of the 3 asked for fafsa.

So my experience, fafsa was not necessary in most cases.
by blevine
Fri Jun 22, 2018 5:52 am
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 34
Views: 2906

Re: Marriott hotels using Alexa/Echo in guest rooms?

I stayed at a Best Western in Chicago recently, and this was installed. We had a blast playing with it for a few minutes, then unplugged it, physically with a connector under the device. Easy. Nothing to worry about folks.
by blevine
Thu Jun 21, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: Are mutual funds safer than ETFs?
Replies: 15
Views: 1568

Re: Are mutual funds safer than ETFs?

Note ETFs are similar to closed end funds, which have been traded for a century now. What is relatively new is the idea of having them own indices and have low fees. Also you can’t generalize about ownership structure and taxes, there are a handful of variant ETF legal structures. Vanguard is not th...
by blevine
Fri Jun 15, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3721

Re: I am STUNNED over how much help my friends recieved with house purchase!

As far as advice and help to kids, already told one of the kids, don’t buy a house. Be ready to go anywhere for career. Companies relocate, are bought, they lay off. One needs to avoid feeling attached to a place, renting is one way to do so. I also told them that after college, they are on their ow...
by blevine
Thu Jun 14, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2351

Re: Question for those who used 529 plans

If you have a plan with low fees, and pick an age based portfolio, you are doing the right thing. If you happen to live in certain state with income tax and 529 tax breaks, that is another factor for a few of us. Other than that, they are all about the same.
by blevine
Thu Jun 14, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 36992

Re: Bogleheads, tell me about your 40's?

To me it was all about choices. At this stage you may well be in your peak potential earning years, but also at the point of maximum impact on your kids. So the draw to better leverage your earnings capability (work more) vs spend more time with the kids was a struggle. I think I found a good compro...
by blevine
Thu Jun 14, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1589

Re: Any problem opening fund "Investor", then building to "Admiral"?

Compared to most things I do in life, buying/selling ETFs are among the simpler tasks.
Maybe making cereal for breakfast is easier, but then again there are so many choices of cereal, how do you pick ?
by blevine
Thu Jun 14, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: Subaru infotainment issues -can people chime in?
Replies: 26
Views: 1929

Re: Subaru infotainment issues -can people chime in?

Note for those saying “Never again Subaru”. My first Subaru Outback had an emission control sensor issue that resulted in recall. Orig part was fine, replacement for recall service experienced terrible problems and NEVER resolved. So never fix what aint broke, but also Subaru was useless in fixing a...
by blevine
Thu Jun 14, 2018 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1589

Re: Any problem opening fund "Investor", then building to "Admiral"?

Why not just buy ETF and keep it ?
There are many funds with no etf class, but if so, no reason to go with investor or admiral.
by blevine
Wed Jun 13, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: direct rollover from NY 529
Replies: 4
Views: 360

Re: direct rollover from NY 529

I don’t see how NYS can tax you on this.
by blevine
Wed Jun 13, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: Vacation insurance when you have sick elderly family
Replies: 11
Views: 1009

Re: Vacation insurance when you have sick elderly family

I used travelsafe. First time we were refunded a cruise cost. Traveled with another family and they had a death in the family night before departure. Since were were traveling together, we just had to get documentation of the death (that’s fun) and we were reimbursed. It is true, a pre-existing cond...
by blevine
Wed Jun 13, 2018 5:37 am
Forum: Personal Consumer Issues
Topic: Subaru infotainment issues -can people chime in?
Replies: 26
Views: 1929

Re: Subaru infotainment issues -can people chime in?

Confirmation that 1) Dont be first to buy a new model year 2) Dont spend extra to buy up electronics I have owned 4 Subarus, and while I did not have an issue with the electronics, I never liked the way they bundle the nav system with other features. an expensive extra option that has been obsoleted...
by blevine
Tue Jun 12, 2018 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Moved Family Across Country for New Job and Job is now gone
Replies: 27
Views: 6454

Re: Moved Family Across Country for New Job and Job is now gone

I returned back to my large city after college, with the idea I would rather pay high taxes but be in a stable location to avoid living out of a suitcase. Twice I worked for employers that wanted to relocate me to cities where it was cheaper to buy a nice home, but I declined. I am fine with a modes...
by blevine
Sun Jun 10, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Renter's Insurance for College Dorm
Replies: 32
Views: 2185

Re: Renter's Insurance for College Dorm

Parent's HO insurance should cover everything. This is absolutely not true at least per my agent from Allstate. YMMV per state/provider. https://www.amica.com/en/about-us/media-center/news-release-archive/college-students-insurance-2013.html 08/14/2013 LINCOLN, RI - It’s almost time for students to...
by blevine
Sun Jun 10, 2018 6:21 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads' College Philosophy question
Replies: 68
Views: 3589

Re: Bogleheads' College Philosophy question

theplayer11 wrote:
Sun Jun 10, 2018 6:11 am
my philosophy...we brought our kids into this world, our choice, not theirs. I feel obligated to educate them. If that meant saving less for retirement than we could have, so be it. Would do the same again.
+1
by blevine
Sun Jun 10, 2018 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Renter's Insurance for College Dorm
Replies: 32
Views: 2185

Re: Renter's Insurance for College Dorm

Parent's HO insurance should cover everything. This is absolutely not true at least per my agent from Allstate. YMMV per state/provider. Also my deductible is high to keep rates lower. My agent said our liability covers them in dorms, but not property. If they move off campus to an apartment then t...
by blevine
Fri Jun 08, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5080

Re: daughter wants a college transfer?

My son tranferred TO Cornell. To each his own. He just graduated. He was not greek but made nice friends with whom is now traveling for a post grad celebration. He lived in a “program house”, themed dorm where you have a built in group with common interests. Grade deflation is real, but his worst gr...
by blevine
Wed Jun 06, 2018 4:56 am
Forum: Investing - Help with Personal Investments
Topic: Do you change your AA in discrete chunks or gradually?
Replies: 20
Views: 1371

Re: Do you change your AA in discrete chunks or gradually?

As another above, lumpy and smooth, both. I am always in rebalancing mode, 100% of the time. New cash goes where needed. Dividends reinvested in tax def, where needed. Dividends in taxable swept to mmkt fund for eventual investing where needed. Large market moves would cause me to make a one time lu...
by blevine
Tue Jun 05, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Don't make the mistake I made (Telemarketing hell)
Replies: 67
Views: 8603

Re: Don't make the mistake I made (Telemarketing hell)

Problem with nomorobo

1) spoofed callerid now fakes use of local number so you think it’s a local call, which nomorobo does not block.

2) had legit calls blocked by nomorobo


Looking into Jolly Roger Tel Co. Search for it
by blevine
Sun Jun 03, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 3783

Re: Can a physician work in or transition to tech?

If you save some $ maybe consider a business launch to solve some niche you see in your current field. Just gettinng a job working for someone else, at what will be a later point in your life without the tech experience makes little sense, unless they hire you for the medical knowledge to do design,...
by blevine
Sun Jun 03, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50638

Re: How much money do you want to retire?

Maybe a better approach is to not spend too much time chasing a particular number and instead just focus on a balance between enjoying life and a reasonable investment plan. A lot of people don't get to choose a number. They get "retired" and don't choose to retire. Their number is chosen for them....
by blevine
Wed May 30, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5039

Re: Splurging on the NBA finals

If this is your desired vacation...why not.
People spend money on all kids of extravagant vacations, why not a sports themed vacation ?
You can't compare watching on tv to a vacation.
by blevine
Tue May 29, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Odd 529 Question
Replies: 8
Views: 911

Re: Odd 529 Question

https://www.irs.gov/newsroom/529-plans- ... nd-answers

Per the IRS :

Q. Can anyone set up a 529 plan?
A. Yes. You can set one up and name anyone as a beneficiary — a relative, a friend, even yourself

I don't see a problem so stay happily unmarried ;-)
by blevine
Sun May 20, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10664

Re: Career planning in IT/software development when over 40

I thought career planning in IT after 40 was called "retirement planning"...? How true, though for me that was over 50, not 40. For me it was all about balancing money, work satisfaction and family. It is hard to find a good balance. Satisfaction in coding, satisfaction in promotion to management, ...
by blevine
Mon May 07, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Stick with E*Trade or move to Vanguard?
Replies: 15
Views: 1493

Re: Stick with E*Trade or move to Vanguard?

I have accounts at both firms.
ETrade has better service and website hands down.
Buy VTI and BND ETFs at etrade.
by blevine
Mon May 07, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: advise on custodial account for daughter
Replies: 14
Views: 799

Re: advise on custodial account for daughter

Move now to get out of EJ.
Then move to her Roth when she has a paid internship and therefore ability to fund a Roth. If she makes $5500 or more during a summer internship, you can move $5500 to her Roth ira that year.
by blevine
Sun May 06, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 8367

Re: What career for smartest kid in the class?

And to the complaints about PA and NP providing services, do you realize that when your bank offshore their IT work to India, experienced people are laid off and replaced by a never ending rotation of recent college grads. Don’t be surprised when your bank/fund website is down, your ira rollover is...
by blevine
Sun May 06, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: How do brokerages make $s on cheap index funds?
Replies: 57
Views: 5168

Re: How do brokerages make $s on cheap index funds?

Very simple. If you buy a Vanguard etf at some other broker, Vanguard incurs ZERO cost to service you, but still get some fees. And if you use their brokerage to trade them, while they have servicing costs, they make money on you cash balances, and hidden fees on trade execution. While fund managers...
by blevine
Sun May 06, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 8367

Re: What career for smartest kid in the class?

Everyone thinks the grass is greener. But no physicians...you are NOT special. We all have to work hard to be successful at almost anything we do. And the only way that happens is if you pick a career for which you have both aptitude and interest. I went into financial tech ultimately after consider...
by blevine
Fri May 04, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: What are the questions you would ask a Financial Advisor ?
Replies: 59
Views: 4064

Re: What are the questions you would ask a Financial Advisor ?

You might instead talk to an estate lawyer, if your goal is truly to protect family after passing. Why an FA ?

Also keep a simple enough portfolio so spouse can manage as-is.
by blevine
Fri May 04, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 5500

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

Why not lease for 3 years and return it when the warranty is done ?

There are cars that are nice to buy and drive but not own.
And there are cars that are smart/reliable to own.
If you must have the nice to drive, protect yourself and have an out.
by blevine
Fri May 04, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Brokerage Bill Pay
Replies: 3
Views: 536

Re: Brokerage Bill Pay

You have to have cash and/or money in a sweep money market fund, depending on the broker. Even if they could sell assets, you would want them to pick which assets to sell ? In the long run, interest on a small balance will not make that much difference. Your savings rate, Asset Allocation, etc are f...
by blevine
Fri May 04, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 5081

Re: How old is too old for a vehicle, even for a well running one ?

My old Toyota minivan from 1998 had an engine that sounded new, but the body sounded like it was ready to implode. Sliding door broke (fixed). Loose bolts, dirty interior. Just sounded like a bag of bolts driving down the road. Mileage was not too bad, but after 14-15 years of kids abusing the inter...
by blevine
Thu May 03, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Computer Speakers
Replies: 12
Views: 590

Re: Recommendations for Computer Speakers

I have Bose Soundlink, bluetooth works well on these, though I think they can work with a cable too. Sound from bose is always good.
by blevine
Wed May 02, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4565

Re: Daughter starting college and I am retiring

Kinda ridiculous, if you raise your kids in a state, pay taxes for 2 decades through HS, then move away, you lose the in-state. But if you move to a state a month before enrollment, you get the tax break. Seems broken in some states, and hard to believe. But I know this is true, my brother moved to ...
by blevine
Wed May 02, 2018 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4565

Re: Daughter starting college and I am retiring

You get what you pay for....No taxes, no public services.
by blevine
Tue May 01, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4565

Re: Daughter starting college and I am retiring

When my son went to an in state college, they took the fact he graduated high school in same state as sufficient.
They never asked for additional proof.
by blevine
Sun Apr 29, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: Ally online savings now at 1.60%
Replies: 180
Views: 29360

Re: Ally online savings now at 1.50%

In an effort to start gradually simplifying, I phased out my bank mmkt fund. EF is in short term muni vanguard funds. EF in mmkt (paying about same as discussed here but no income tax on interest). Excess for near term (1-2 years) expenses in short or ltd term muni, now at 1.8 and over 2. Yes I know...
by blevine
Sat Apr 28, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Banking IT Infrastructure Meltdown - So have you diversified your Custodians and Banks?
Replies: 14
Views: 1960

Re: Banking IT Infrastructure Meltdown - So have you diversified your Custodians and Banks?

I share your philosophy and background (IT in fin svcs). Even financial services companies that have other financial services vendors, think the same way. You don't want Vanguard too dependent on one custodian, one broker etc. The public would be surprised how much inter dependency there is in the i...
by blevine
Thu Apr 26, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9532

Re: How did you tell the boss you're leaving/retiring?

Wish I had the problem of caring.
No pension, no medical upon retirement in my firm.
So why would I owe them anything or be aplogetic ?
We are going through the Nth round of layoffs over the years. I only hope I am lucky enough to retire rather than laid off.
by blevine
Thu Apr 26, 2018 5:53 am
Forum: Personal Consumer Issues
Topic: Help! Nephew is asking for college advice (undergrad choices)
Replies: 41
Views: 2294

Re: Help! Nephew is asking for college advice (undergrad choices)

Any more detailed questions about the schools being considered, go to collegeconfidential.com

They have subforums for each college, so you can ask Purdue questions in the Purdue forum.
by blevine
Thu Apr 26, 2018 5:50 am
Forum: Personal Consumer Issues
Topic: Help! Nephew is asking for college advice (undergrad choices)
Replies: 41
Views: 2294

Re: Help! Nephew is asking for college advice (undergrad choices)

As to the 58% male comment, all engineering colleges will be that or worse in the actual engineering classrooms. And a school like Stevens would be mainly engineering, worse overall ratio than Purdue. My son was given same offer by Northeastern, to study abroad a semester first, and pay full cost. O...
by blevine
Mon Apr 16, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1753

Re: child starting college this fall - what do I need to know & do?

What state ? If NY (guessing because few states are that inexpensive), putting $10k/yr for next 2 years gets you a nice state income tax deduction via NYS 529. Pay the school directly as much as possible, rather than to your kid. Avoid any doubt that 529 was used for educational expenses. 529 plans ...
by blevine
Sun Apr 15, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Optimized Retirement Withdrawal Strategy
Replies: 11
Views: 1347

Re: Optimized Retirement Withdrawal Strategy

Nobody ever seems to consider asset protection in these discussions. From an asset protection standpoint, keeping $ in retirement accounts is protected from bankruptcy and in some states there is some liability protection. I would hope in retirement nobody is going bankrupt, but liability is somethi...
by blevine
Sun Apr 15, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Google Pixel just died
Replies: 10
Views: 1536

Re: Google Pixel just died

CULater wrote:
Sun Apr 15, 2018 10:33 am
Not sure I want to return it to Google with all my personal info on it.
Google already had all your personal data before you bought the phone :-)
by blevine
Sun Apr 15, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Rentals and Security Deposits
Replies: 21
Views: 1348

Re: Rentals and Security Deposits

I rented a studio apartment to one person, back when I wanted to move out of a coop that I personally lived in, and couldn't sell during a down market. Nothing but hassles even with 1 tenant. Regardless, why would you even consider returning a sec deposit to anyone before their lease is up ? Also as...