Search found 1814 matches

by blevine
Sun May 20, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Career planning in IT/software development when over 40
Replies: 59
Views: 4292

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: 1412

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: 745

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: 7873

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: 4975

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: 7873

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: 3836

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: 5174

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: 522

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: 4903

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: 545

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: 4478

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: 4478

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: 4478

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: 171
Views: 25657

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: 1887

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: 9182

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: 2187

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: 2187

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: 1661

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: 1307

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: 1494

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: 1255

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...
by blevine
Sat Apr 14, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: vanguard notice - retiring our old investment platform
Replies: 50
Views: 6603

Re: vanguard notice - retiring our old investment platform

I expect Vanguard to provide less support to the old platform as time goes by. This may make it more difficult to transact with the old platform. That alone will probably make the stragglers convert. I don't understand the hesitance on some folks to convert. Not hesitance, observing requirement NOT...
by blevine
Fri Apr 13, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: NYS 529 plan
Replies: 2
Views: 262

Re: NYS 529 plan

I would open single account, in the name of whichever of you have a higher income (tax bracket). No other fees. That portfolio is fine as-is, in terms of your concern about international, though you could put some into Developed Markets Index to increase % of international if it bothers you. For sim...
by blevine
Fri Apr 13, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12255

Re: How Far is too Far, Commuting?

Yes someday self driving cars that I feel safe enough to take a nap, would be great. Until then, I’ll take my 90 min train commute over a 60 min car commute anytime. Not hypothetical for me. My employer is considering moving some people to a smaller city without the quality public transportation we ...
by blevine
Thu Apr 12, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: Cedar Fence: is Maintenance required?
Replies: 30
Views: 2173

Re: Cedar Fence: is Maintenance required?

Climate likely matters. My cedar fence was not maintained, never stained or painted. It slowly collapsed as wood rotted until it was dangerous to leave it standing. Replaced with pine.
by blevine
Wed Apr 11, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Is rebalancing with new money only superior?
Replies: 17
Views: 983

Re: Is rebalancing with new money only superior?

A likely reason it is not superior, perhaps already mentioned in a previous reply, is that the purpose of rebalancing is to keep risk on target. If the magnitude of rebalancing is greater than can be matched by contribution, an investor would not be able to return near the target and will have fail...
by blevine
Sat Apr 07, 2018 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 13234

Re: Ivy school education. Is it worth it?

Have one in an Ivy now, and another in a similar caliber tech school. They are lucky to have parents who believe education is more than just a pure financial decision, and able to pay so it’s an option. Both turned down very inexpensive choices with full and partial scholarships to local state schoo...
by blevine
Sat Apr 07, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Paying employees via Venmo
Replies: 18
Views: 1380

Re: Paying employees via Venmo

Why not paypal ?
by blevine
Sat Apr 07, 2018 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 4181

Re: Undecided students and STEM majors

Sometimes in life, you do get what you pay for.
Sons at a private college both had opportunity to switch.
ME and b-school both to CS.
by blevine
Thu Apr 05, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: NY passes law to get around SALT limit
Replies: 47
Views: 5819

Re: NY passes law to get around SALT limit

Also not sure if this helps. With $24k in standard deduction, would have to have lots of other deductions or very large property taxes to bother making payments to this "charity". So I would be able to deduct $10k in state income tax (if I still pay that after the other change that is up to my empl...
by blevine
Wed Apr 04, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: Cell account hacked
Replies: 19
Views: 2426

Re: Cell account hacked

Switched 2FA to call my landline.
Not as easy to highjack.
by blevine
Wed Apr 04, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: NY passes law to get around SALT limit
Replies: 47
Views: 5819

Re: NY passes law to get around SALT limit

Also not sure if this helps. With $24k in standard deduction, would have to have lots of other deductions or very large property taxes to bother making payments to this "charity". [...] Many in NYS do pay more than $14k, in property tax, but certainly not all, and it remains TBD if you can get the ...
by blevine
Wed Apr 04, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: College freshman shopping—what don’t we need?
Replies: 45
Views: 2901

Re: College freshman shopping—what don’t we need?

One suggestion, Bed Bath and Beyond chain will let you shop locally and have items you need ready for you at a store near the college campus. Great if they have locations near home and school. Less to carry with you in the car, and no need to really shop when you get there, just pick up. You'll have...
by blevine
Wed Apr 04, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Libor-OIS Spread
Replies: 4
Views: 539

Re: Libor-OIS Spread

Sometimes the WSJ publishes https://blogs.wsj.com/dailyshot/2018/02/27/the-daily-shot-declines-in-conception-rates-predict-u-s-recessions/ https://www.wsj.com/articles/money-markets-are-messed-up-with-real-consequences-1521740097 but behind the paywall and not there everyday AFAIK. This is why I do ...
by blevine
Wed Apr 04, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: NY passes law to get around SALT limit
Replies: 47
Views: 5819

Re: NY passes law to get around SALT limit

One minor detail nobody has questioned. You get a PERCENTAGE of payments to this new charity as a reduction in property taxes. If that's 100% fine, if not, don't see why people would give to such "charity". Anyone know how that % would be determined ? Also not sure if this helps. With $24k in standa...
by blevine
Tue Apr 03, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: VWITX or Ally Bank Savings
Replies: 7
Views: 1324

Re: VWITX or Ally Bank Savings

VWSUX or VMLUX (short/ltd term) at least have less interest rate risk so more comparable a choice to a bank savings product in that sense.
But still higher credit risk (risk of defaults) vs FDIC insured accounts, so you have to earn a higher yield in compensation for higher risk.
by blevine
Tue Apr 03, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11289

Re: What age is the best to give a child control of an inheritance?

I am in the process of convincing my 19 year old to take his first non trivial paychecks from a coming professional internship, and put most of it into an IRA. He is learning a lesson, but also being interviewed to manage my money in the future ;-) I think the problem is putting "most" of it in an ...
by blevine
Sun Apr 01, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11289

Re: What age is the best to give a child control of an inheritance?

I am in the process of convincing my 19 year old to take his first non trivial paychecks from a coming professional internship, and put most of it into an IRA. He is learning a lesson, but also being interviewed to manage my money in the future ;-) I think the problem is putting "most" of it in an ...
by blevine
Sun Apr 01, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Warning: Max out 401k early - lose some of the match
Replies: 46
Views: 5391

Re: Warning: Max out 401k early - lose some of the match

My employer pays match at end of the year on one lump sum. No issues.
by blevine
Sat Mar 31, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11289

Re: What age is the best to give a child control of an inheritance?

I am in the process of convincing my 19 year old to take his first non trivial paychecks from a coming professional internship, and put most of it into an IRA.

He is learning a lesson, but also being interviewed to manage my money in the future ;-)
by blevine
Wed Mar 28, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8462

Re: Should we save for our son's college?

In the US your kids are only entitled to free education through high school, then they/you fund the rest. Now some states have discounted public colleges, but not free. And they may or may not be the first choice. Save in a 529 plan for at least the cost of a state univ. Today that is 25-50k/yr for ...
by blevine
Wed Mar 28, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Salary comparison between cities
Replies: 6
Views: 494

Re: Salary comparison between cities

With kids finishing up college, and one interested possibly in Silicon Valley, I do wonder about this. He hears of huge internships and full time offers there, but I think the COL is so high, no as impressive as one might think. Not that we are in a low COL area, buts sounds like no place in the US ...
by blevine
Wed Mar 28, 2018 1:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 18688

Re: A lot of heavy hitters this morning

You have to look at how people got there. While there may be some who had significant earnings, there are also those who scrimped and saved their way. Learning HOW they got there is the reason you want to see what these posters have to say. Maybe you wont suddenly inherit a huge sum (nor win the lot...
by blevine
Tue Mar 27, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6402

Re: Concerns with Vanguard

Today's message of the day : "Your money market settlement balance may be displaying inaccurately Your settlement fund may be inaccurately showing a zero balance below. Click on your account to view your correct balance on the Balances and Holdings page. We apologize for any inconvenience as we work...
by blevine
Tue Mar 27, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6402

Re: Concerns with Vanguard

What was the computer glitch this morning? If I were to take a guess perhaps an error in the database query that reads the settlement account balance... perhaps and incorrect join on the settlement fund causing the system to assume the settlement balance as zero... pure speculation of course :mrgre...
by blevine
Mon Mar 26, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11497

Re: Underrated places to visit in U.S.?

Definitely new York city. It is the most visited destination in the USA by a large margin. Plenty of people drop in for a weekend and get an uninformed impression of the array of cultural and visual wonders. Based on the sheer number of aggregate negative reviews, NYC is the most underrated. Please...
by blevine
Thu Mar 22, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Living in Jupiter FL?
Replies: 9
Views: 1614

Re: Living in Jupiter FL?

Visited the area recently, was very nice.
Got the impression it was hard to find an affordable home from the homeowner we visited.
Did not seem like a retiree's cheap Florida living, but a place even younger folks would want to live,
if they could afford it.