Search found 2154 matches

by beyou
Sun Jan 20, 2019 10:19 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 50
Views: 3696

Re: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

Funny. I am agonizing about a job transfer away from NYC. Love it here, despite the cold weather (and catching colds). Many don’t agree with me, so what do I know. But my kids got a great education here, K-college, we have great beaches (Long Island), entertainment (Broadway, sports, museums), and p...
by beyou
Sun Jan 20, 2019 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course is hard
Replies: 74
Views: 7443

Re: Stay the course is hard

Look at lifestrategy or target date funds that will do all the work for you. Not optimal tax-wise, unless all your savings are in a tax deferred account. There is also tax managed balanced for taxable savings. Simple and easy to stay the course by doing nothing (really letting Vanguard do the rebal...
by beyou
Sun Jan 20, 2019 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course is hard
Replies: 74
Views: 7443

Re: Stay the course is hard

Look at lifestrategy or target date funds that will do all the work for you. Not optimal tax-wise, unless all your savings are in a tax deferred account. There is also tax managed balanced for taxable savings. Simple and easy to stay the course by doing nothing (really letting Vanguard do the rebal...
by beyou
Sun Jan 20, 2019 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course is hard
Replies: 74
Views: 7443

Re: Stay the course is hard

Look at lifestrategy or target date funds that will do all the work for you. Not optimal tax-wise, unless all your savings are in a tax deferred account. There is also tax managed balanced for taxable savings. Simple and easy to stay the course by doing nothing (really letting Vanguard do the rebala...
by beyou
Fri Jan 18, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Best kids savings account
Replies: 22
Views: 1796

Re: Best kids savings account

https://www.firstib.com/personal/bank/a ... -for-kids/

My kids had this bank for savings/checking/debit card as teenagers starting in middle school.
No min balance and high rate for a checking account. Great service.
by beyou
Tue Jan 15, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 69
Views: 8514

Re: Vanguard will use blockchain to share index data

This reminds me of a Matt Levine piece at Bloomberg a while back, although I can't find the link. He basically argued that "Blockchain" is a word that people in IT can say to their bosses that gets bricks of money thrown at them. So they've used it as an excuse to upgrade their technology by saying...
by beyou
Tue Jan 15, 2019 11:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 69
Views: 8514

Re: Vanguard will use blockchain to share index data

I find this puzzling. The blockchain hype train is leaving the station. Seems like a case of the old saying: when you have a hammer, everything looks like a nail. +1000 I work in IT, and every IT exec wants to figure out a way to say they are using blockchain technology. The use is completely inapp...
by beyou
Tue Jan 15, 2019 11:36 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 10990

Re: Are You Dumping Netflix?

I have Hulu and Netflix. Both services are about $30 a month. We get so many shows for about the same amount me and the wife would pay for going to the movies play food and drinks. So no we are not dropping them. We also use use Hoopla and Youtube. Same here, Hulu Live and Netflix. Whenever we get ...
by beyou
Mon Jan 14, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

It really depends on the numbers which you (understandably) didn’t post if you ‘have’ to work again. Sounds like you want to stay and get the severance. If the numbers work, it’s perfectly reasonable. Some random thoughts that haven’t been mentioned yet: -At 55 you have full access to the 401(k) af...
by beyou
Sun Jan 13, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

I'd not move and wait for the severance. You said you were due for ~1 year severane and planned to work for less than four more. So the severance gets you a bit of the way home on that. I was employeed by a megacorp that was acquired and some people relocated, but less than 10% of them stayed there...
by beyou
Sun Jan 13, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

I'm retired now, but when I was working many of my colleagues were living in sparsely-furnished efficiency apartments within walking distance of our office. Every Friday (or every alternate Friday) they would fly to their home city and spend the weekend with their family in the big house. They woul...
by beyou
Sun Jan 13, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

My company definitely does not value it’s staff at all, no we are not given anything but minimal moving expenses. I dont believe their comments about severance either. I would put the local job hunt into high gear. Once you have an offer you can decide what to do. I have been reluctant to do this d...
by beyou
Sat Jan 12, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

2) It was not clear if your kids are still living at home or not. Moving and changing schools is can be hard on kids especially if they are in middle or high school. My kid was in middle school and it took him at least two years to really adapt. If they are about to graduate high school or are in c...
by beyou
Fri Jan 11, 2019 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

There is another view of this move. Your bosses. He is looking for someone to get in front of this move and get over to the new place and get the people working. If you are not going to take that task he'/she will find someone else to do it. And fast. I bet if you do not take the job your boss will...
by beyou
Fri Jan 11, 2019 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

At 55, hoping to retire at 60 or so if I understood you correctly? I would ride the current job out as long as I could and then take the year’s severance and unemployment and either make retirement work or get a new job. The job market right now is awfully good. It’s a bit of a leap of faith, but t...
by beyou
Fri Jan 11, 2019 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

meebers wrote:
Fri Jan 11, 2019 8:22 pm
From a Military perspective. We moved quite a lot in 20 years, most times you cannot take your spouse with you when it is outside the U.S. Spouse is left home with the kids.
And your sacrifice is greatly appreciated !
by beyou
Fri Jan 11, 2019 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

No magic solution. Something has to give. Better for you to decide what that will be than a forum. I am not asking anyone to decide. The intent is to get financial, personal and career tips from others who may have had a similar situation. I can’t believe there aren’t other married persons nearing ...
by beyou
Fri Jan 11, 2019 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

DesertDiva wrote:
Fri Jan 11, 2019 5:46 pm
Will they let you work remotely? :?:
Many have asked and the firm policy is no. And as a middle manager/supervisor of others, even more difficult.
by beyou
Fri Jan 11, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Re: Company relocating and not interested - next steps ?

Thanks for the responses so far. Clearly more info is warranted. I have thought about doing a lengthy commute for a couple of years but ... The relocation is far enough away that there would be plane tickets involved to shuttle back and forth, not a reasonable distance to drive on a weekly basis. Th...
by beyou
Fri Jan 11, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3691

Company relocating and not interested - next steps ?

Some background. Nearing FIRE I think. Turning 55 this year, likely to either be laid off or given one last chance to agree to a relocation to a place I would rather not move. Nothing wrong with the destination except I know nobody there, and I am sure my spouse would be unhappy with the move. Not e...
by beyou
Wed Jan 09, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7311

Re: Is buying a $700K first home crazy?

We made a similar decision years ago. Rented until about the same age, specifically so we can avoid buying a starter home, and instead wait until we can afford something we'd be happy with for decades. Has worked out, income rose, house value rose. Tough first few years but as income rose, paid down...
by beyou
Tue Jan 08, 2019 11:37 pm
Forum: Investing - Theory, News & General
Topic: Fell in Love with Fidelity
Replies: 60
Views: 6208

Re: Fell in Love with Fidelity

People really hate ETFs here ? No min and no commissions at Vanguard. Not arguing about tech and customer service, not comparable, but the min is not the reason I would switch. I will say, I often google for info and led to Fidelity website. Good info there, basic fluff on Vanguard’s site. I have no...
by beyou
Mon Jan 07, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tech budget to fix issues
Replies: 26
Views: 1635

Re: Vanguard Tech budget to fix issues

I'd always assumed Vanguard would eventually go the way of BlackRock and become more of a pure fund/asset manager, and shut down their customer facing brokerage. Falls in the category of "do it right or don't do it at all". Either compete with Fidelity or just give up and let the likes of Etrade et...
by beyou
Mon Jan 07, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tech budget to fix issues
Replies: 26
Views: 1635

Re: Vanguard Tech budget to fix issues

"This shows that Vanguard is way behind the more relevant benchmark of Fidelity than the irrelevant benchmark of BlackRock. " No, it doesn't. Fidelity is spending more this year than Vanguard. That's nice. What have they spent in the last 5 or 10 years in this area? Did Vanguard spend a lot more al...
by beyou
Mon Jan 07, 2019 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tech budget to fix issues
Replies: 26
Views: 1635

Vanguard Tech budget to fix issues

After much pressure to prevent/fix the issues suffered on the website, I read today the following : "We are investing more than $1 billion a year to improve our technology," Buckley said. "We owe our clients the best and are trying to keep disruptions to a minimum." In October, Vanguard officials di...
by beyou
Sun Jan 06, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 15621

Re: If riskier than US, why doesn't international outperform?

Look how much of the indices are France, Germany, and other historically socialist economies. They take long vacations, get healthcare and American employees are worked hard until 50, then laid off with no pension. Long vacations? No, well earned, required by law vacations. In my country, for every...
by beyou
Sun Jan 06, 2019 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14572

Re: Retirement itch- when did you get it?

When I saw younger less accomplished people promoted ahead of me, and the company announced reloacation. Decided I will take their money now but not relocating, not jumping through hoops for a promotion that is long overdue. In other words, I do my job and collect a check, no career planning for the...
by beyou
Sun Jan 06, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Water seepage in basement
Replies: 23
Views: 1528

Re: Water seepage in basement

I had brand new functional gutters that I clean and still had a problem. Of course gutters are critical but not always sufficient. The barrier has made a huge difference for me.
by beyou
Sun Jan 06, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Water seepage in basement
Replies: 23
Views: 1528

Re: Water seepage in basement

I had same issues. Got estimates from 2 contractors for 2 solutions. French drain is the term they used that sounds like what was proposed to you. Other solution was to dig next to foundation outside, treat the foundation to prevent seepage into the foundation. Both were to cost about the same, $2k ...
by beyou
Sun Jan 06, 2019 11:03 am
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 15621

Re: If riskier than US, why doesn't international outperform?

This is not a political discussion, it is about whether to expect some additional return from an international fund. The answer is based on many factors including policies and business practices in the countries that dominate the index. If we didn’t have the total world index, and I was forced to bu...
by beyou
Sun Jan 06, 2019 1:57 am
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 15621

Re: If riskier than US, why doesn't international outperform?

Look how much of the indices are France, Germany, and other historically socialist economies. They take long vacations, get healthcare and American employees are worked hard until 50, then laid off with no pension. Why is anyone surprised if US stocks perform better under such conditions. I think s...
by beyou
Sun Jan 06, 2019 12:06 am
Forum: Personal Consumer Issues
Topic: How old is too old to buy a house?
Replies: 50
Views: 4047

Re: How old is too old to buy a house?

This is not just a financial decision. You need to consider your health at the time it comes to moving. A house is lots of work to take care of, and how long will you be able to live independently. Hard to think about now, and impossible to predict. But the closer you get to moving, the better maybe...
by beyou
Sat Jan 05, 2019 10:46 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 15621

Re: If riskier than US, why doesn't international outperform?

Look how much of the indices are France, Germany, and other historically socialist economies. They take long vacations, get healthcare and American employees are worked hard until 50, then laid off with no pension. Why is anyone surprised if US stocks perform better under such conditions. Not saying...
by beyou
Sat Jan 05, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20289

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Simplify, you have too many accounts. Disclipline is required and having so many accounts is an indication if lack of discipline
by beyou
Sat Jan 05, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle says rebalancing is overhyped?!
Replies: 149
Views: 21089

Re: Jack Bogle says rebalancing is overhyped?!

I maintain an AA that allows me to sleep at night. Yet I dont have to rebalance often to maintain it. This is because one is usually either in accumulation or draw down phase. You are forced to buy something or sell something during these phases. So if you “don’t rebalance”, what does that mean ? Wh...
by beyou
Sat Jan 05, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Does a PMI in lieu of 20% down ever make sense?
Replies: 48
Views: 2889

Re: Does a PMI in lieu of 20% down ever make sense?

I suggest considering that if you buy a less expensive home that you would consider a starter, and plan to move in a few years, there is a significant cost to moving, more when you are selling a home than renting, and more when buying than renting. So while PMI may be an extra expense now, if you av...
by beyou
Thu Jan 03, 2019 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA - is it worth filling out?
Replies: 108
Views: 5486

Re: FAFSA - is it worth filling out?

2 kids finishing college now. I knew no finaid was possible, there are many ways to find out if you are “in the ballpark”. Merit at private schools was offered with no fafsa (nor css). Merit at public schools mostly did not require fafsa, except one school wanted it for their “merit” scholarship. Ap...
by beyou
Thu Jan 03, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10887

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Both my sons had a hard time getting their first job. The older son was an MIS major, the other a chemical/biological engineering major, and a national merit scholar. Both had changed majors, and had not had internships, and applied for on the after graduation. Reading with great interest. Have a s...
by beyou
Thu Jan 03, 2019 8:50 pm
Forum: Personal Consumer Issues
Topic: Medical Travel Insurance Needed, for Seniors
Replies: 15
Views: 1176

Re: Medical Travel Insurance Needed, for Seniors

Why the off topic comments? The OP is clearly NOT asking about trip insurance, but only medical coverage (and possibly evacuation as well). To the OP - if your family members expect to do any additional travel in 2019, they might compare an annual policy to one that covers only the one trip to Mexi...
by beyou
Wed Jan 02, 2019 11:30 pm
Forum: Personal Consumer Issues
Topic: Medical Travel Insurance Needed, for Seniors
Replies: 15
Views: 1176

Re: Medical Travel Insurance Needed, for Seniors

I used Travelsafe. Got reimbursed for a trip, never had to use the medical coverage but it seemed ok. One thing though, for travel in US I think none of these plans are useful. You own health insurance comes first. And both you own and the travel ins may cover customary and reasonable charges, which...
by beyou
Wed Jan 02, 2019 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Transition to a more conservative asset allocation?
Replies: 10
Views: 808

Re: Transition to a more conservative asset allocation?

My thought is to reduce risk (more bonds) to a low point at retirement, then increase risk (more stock) as entitlements (Medicare and SS) kick in. So at 55-60 should hit low point of stocks, maybe 40-50 in stocks, then increase gradually maybe to 60 in stocks by 65-70 (when you take SS AND Medicare)...
by beyou
Wed Jan 02, 2019 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Delaying retirement just to help adult children
Replies: 66
Views: 6148

Re: Delaying retirement just to help adult children

Everyone feels different sense of purpose or levels of responsibility, and only you know what is unique about your kids. I feel some concern about one child having some of the tools for success, and do feel some sense of desire to help, but also a feeling that I have done enough and it’s my time. An...
by beyou
Wed Jan 02, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance to buy?
Replies: 32
Views: 2435

Re: How much term life insurance to buy?

Rating of an insurance company matters somewhat. You are entering into a 20 year relationship, you want them to last. If you were ever unhealthy in the future, you would not want to suddenly need to shop again. As to the tiering suggestions, I do not agree. With inflation, you coverage will naturall...
by beyou
Wed Jan 02, 2019 12:08 am
Forum: Personal Consumer Issues
Topic: Porting Landline # to Google Voice On The Cheap
Replies: 18
Views: 1678

Re: Porting Landline # to Google Voice On The Cheap

Google Voice has ZERO numbers left in my area. I checked 3 area codes plus adjoining states. A bummer If you’d prefer specific area codes, check back periodically. I understand numbers can become available as they’re abandoned by users. For porting landline #, the GV # you get is largely irrelevant...
by beyou
Tue Jan 01, 2019 11:57 pm
Forum: Personal Consumer Issues
Topic: Your ideal home size
Replies: 130
Views: 8300

Re: Your ideal home size

3500 sq ft. 1 story. Enough room for family of 5 plus 2 dogs plus frequent visitors from the North during winter and holiday seasons. Large enough to keep resale value in our neighborhood. Space for the kids and grandchildren to stay for visits. That is the ideal, to buy a home not only when your k...
by beyou
Tue Jan 01, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: HCOL Real Estate as Retirement? Bay Area
Replies: 44
Views: 2607

Re: HCOL Real Estate as Retirement? Bay Area

Sold my NY home last year and bought one in FL for half the price/expenses....so far, so good. Who says home equity is not a part of net worth, boooo! Planning at the moment to retire in my home in NY. Been to SE Florida too many times in hot humid weather. I prefer the snow. Guess I am paying a pr...
by beyou
Mon Dec 31, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Comfortable mid career switch jobs.
Replies: 31
Views: 2602

Re: Comfortable mid career switch jobs.

If you physically can’t handle the demands and need a desk job, that is something one must workaround. But the comments about losing interest in your industry, I would suggest rethinking. Maybe you can get a desk job in an airline or aircraft related company. The change lf scenery would refresh you,...
by beyou
Mon Dec 31, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Cable TV renewal
Replies: 32
Views: 2331

Re: Cable TV renewal

I would also try sling tv, lots of shows already recorded on demand. Not sure about your specific shows/channels.
by beyou
Mon Dec 31, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Cable TV renewal
Replies: 32
Views: 2331

Re: Cable TV renewal

We recently reduced our cable/internet/telephone expense by almost half. We cancelled the home telephone number as we really were not even using it anymore and it was simply more inconvenient to have than a mobile number. We also cut the cable cord and went with Hulu with Live TV for $39.99 a month...
by beyou
Mon Dec 31, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Am I retirement ready?
Replies: 51
Views: 4892

Re: Am I retirement ready?

I am facing similar situation. Company moving away, have to either move, travel back and forth like you, or give up my comparable income (and wife has comparable to your wife). I don’t want to relocate nor live out of a suitecase. Leaning towards retiring when the time comes. Or you could try it ou...