Search found 1870 matches

by blevine
Sat Aug 11, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2531

Re: Crossroad of what to do next?

Think about the emergency fund questions I raised and consider if your 6 months is sufficient or not. If not, split somehow between EF and loans, else I would payoff asap. I also agree that gradual payoff over a few months or immediate is ok either way, it’s a balance of stability vs optimal savings...
by blevine
Sat Aug 11, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7303

Re: Rude response from boss re: market adjustment

Comments from execs I have worked for : If you want lunch breaks, work at the post office. You could be selling apples on the street. The graveyards are full of indispensible people. These comments to employees who were otherwise deemed to be doing a good job. The comments are meant to imply, you ar...
by blevine
Sat Aug 11, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2531

Re: Crossroad of what to do next?

You asked for advice, having already excluded some of the choices. I was in a similar situation and I paid off all loans. First, note that the rates you pay are from your post-tax income. To earn enough to pay the loans, by investing the loan amounts, you need to earn a higher taxable rate than your...
by blevine
Fri Aug 10, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2531

Re: Crossroad of what to do next?

Paying off high rate debt like student loans gives you the best return on investment. Once that is done, you can consider the next best roi. Emergency fund for possible loss of income would be a priority too, before worrying about ira vs 529 etc. But get there asap, so you can take that next step to...
by blevine
Thu Aug 09, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: VTHRX idea as Target Retirement funds
Replies: 9
Views: 664

Re: VTHRX idea as Target Retirement funds

Idea is sound, though when the time comes you will want to consider moving to more or less aggressive once you decide on purpose. Later or earlier year.
by blevine
Thu Aug 09, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5240

Re: Employer will not indemnify me cause I am retired

Do like me, marry a lawyer and then you get free lifetime legal services.
I fear no frivolous lawsuits (and they should fear my wife, I do :-)

Don't get out of bed and leave your home, someone might sue you....
by blevine
Thu Aug 09, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Excellent Vanguard Service!
Replies: 8
Views: 1697

Re: Excellent Vanguard Service!

I thought Flagship reps were no longer assigned per-account - at least not for mere base-level Flagship accounts. Maybe yours is Select or some higher level. from the website : Voyager Select client at Vanguard "offers you a team of experienced investment professionals" Flagship says "a dedicated r...
by blevine
Thu Aug 09, 2018 7:16 am
Forum: Investing - Help with Personal Investments
Topic: Excellent Vanguard Service!
Replies: 8
Views: 1697

Re: Excellent Vanguard Service!

Ditto. Had reason to speak to my Flagship rep lately. Was assigned a new one without any notice or fanfare, but had not spoken to last one. I actually reached him once without an appt, and on another day made appt, and he called me immediately instead of waiting on the appt date. Very helpful and ac...
by blevine
Sun Aug 05, 2018 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 13937

Re: Will you pay for your kids' college/graduate education?

Independent of whether you are paying and/or "skin in the game", it is useful for the college student to gain some real job experience before they graduated. Can't stress this enough. My employer has had such bad "growing pain" experiences with employees that had great academic resumes but no work ...
by blevine
Sun Aug 05, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5186

Re: Question to retirees - money or work/life balance?

Make the money when you are young.
The working world has little use for older workers.
And building passive income for the future is what you’ll need. Work hard now.....none later.
by blevine
Sun Aug 05, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7363

Re: Would buy and hold work if Japan's lost decade happens?

If I could have predicted Japan’s lost decade i would have shorted a japanese closed end fund back then. But we din’t know and never will.
by blevine
Sun Aug 05, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6870

Re: "Skin in the game"

Skin in the game for me was telling our son that if he expects me to continue funding his education, then his earnings from summer work have to primarily go into a Roth IRA and not blown on entertainment. If he can afford frivolous things, he can pay for school ;-)
by blevine
Sun Aug 05, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 13937

Re: Will you pay for your kids' college/graduate education?

Paid for 1 undergrad private degree, another in progress, and a prof masters (big $ when not research degree). They both needed the intellectual stimulation of being around other smart kids, so taking a scholarship from a lesser option just was not in their best interests. Neither was debt, so i am ...
by blevine
Sun Aug 05, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4510

Re: Dear BH, what are non-BH actions you do?

smectym wrote:
Sun Aug 05, 2018 5:26 pm
Don't practice so-called "tough love" on my kids.
by blevine
Sun Aug 05, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Career Move: Large Bank to Small Bank, Yes or No?
Replies: 17
Views: 1563

Re: Career Move: Large Bank to Small Bank, Yes or No?

Did this many years ago. Very large TBTF bank to startup money manager. 3 small enjoyable small company jobs over 15 years, then moved back to a larger firm. Hated the bureacracy after not having it. Dream about being in a small firm once again. Only problem wih a small firm, they get aquired. Unles...
by blevine
Tue Jul 24, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Cablevisions Bill
Replies: 31
Views: 1330

Re: Cablevisions Bill

Have been watching Yankees on Sling and Hulu for a couple of years now.

I do have the option to go to FIOS, so Cablevision (Optimum) is more negotiable.
by blevine
Mon Jul 23, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7647

Re: Engineers come in.

The limit of Engineering Student as GPA goes to 0 equals Business Student. Classic, but true... comments from others Current generation student at Penn Eng told me "we take electives at Wharton for easy A's". Friend/BE Mech Eng who went on for an MBA. He thought he did something wrong when he compl...
by blevine
Thu Jul 19, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Two Questions - College Tuition Payments
Replies: 11
Views: 1063

Re: Two Questions - College Tuition Payments

livesoft wrote:
Thu Jul 19, 2018 2:14 pm
What if your student drops out or switches schools?
+1

Kids transfer, drop out or take a coop break and go back.
What if they change major or go on coop and miss a semester, will freeze cover senior year if it occurs in year 5 ?

I never buy extended warrantee, why this ?
by blevine
Sun Jul 15, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 6744

Re: Are Credit Cards Actually Convenient?

I have had this happen a few tines but still a small % of my many charges over the years. Some suggestions : 1) Let the issuing bank know ahead of time if you plan to travel far, especially overseas. They have this process fairly automated, some banks have webforms to select the destination and othe...
by blevine
Sun Jul 15, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Accepted new job, immediately laid off at old one?
Replies: 37
Views: 6108

Re: Accepted new job, immediately laid off at old one?

Congrats on the new position, and the wonderful unexpected “bonus”. I would not worry so much. The new employer must spend $$$ to run the background check and drug test, the hiring manager would not be able to get hr to process these steps if there was no budgetary approval for the spot. That said r...
by blevine
Thu Jul 12, 2018 5:51 am
Forum: Personal Finance (Not Investing)
Topic: Management at Megacorp
Replies: 26
Views: 3033

Re: Management at Megacorp

Seems to me companies want people from their industry mostly. Better to go to an industry you may enjoy and work your way up.
by blevine
Thu Jul 12, 2018 5:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 57
Views: 10362

Re: Vanguard - You'll need to sign up for security codes soon

I already use Symantec for 2 other important accounts, and prefer Vanguard offers this. Yes open standards would be better, but until a majority of the majors offer it, google/authy is yet another app i need to install.

I also have another auth app for my employer, so 2 now, and counting....
by blevine
Sun Jul 08, 2018 6:57 am
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2494

Re: E- Billing & Autopay

Two different issues here when it comes to death and account closure. My utility bills are split, some in wife’s name, some in mine. But the checking account we use to pay them is joint. So yes, if someone dies, some utilities would be impacted depending on whose name was on the account, but that sh...
by blevine
Sun Jul 08, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Diversifying Employee Stock Options when options > 4x portfolio
Replies: 8
Views: 624

Re: Diversifying Employee Stock Options when options > 4x portfolio

You did not say the expiry of the options. Shorter the expiry, the more risk they can decline and never recover before expiry. I worked for one of the highest margin S&P 500 firms, got long term options each year. The stock fell out of favor and my initial large grant was out of the money for a long...
by blevine
Mon Jul 02, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 13519

Re: What are your property taxes?

NYC burbs
$15k on tiny lot
I know others with more land/house who pay $40k
But at least we have low income tax (NOT).

My $15k paid for top public schools and was a bargain compared to private school....until your kids graduate from HS
and you are still paying. Then it's a problem :-(
by blevine
Sun Jul 01, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11125

Re: Feel like I'm sinking money into international

I am with you on this, and have tilted towards US stocks for the past 5-6 years. This is personal preference but seems to have worked out for me thus far. However, I won't be surprised if the Int'l investing community has an "i told you so" moment in the near future :wink: FWIW, one of my favorite ...
by blevine
Sat Jun 30, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11125

Re: Feel like I'm sinking money into international

The whole point of index fund investing is to stop focusing on this. If you have a portfolio of individual stocks, it would be perfectly reasonable to think “this company has seen it’s best days” and sell. Do you really think all stocks outside the US have seen their best days ? Personally I can’t b...
by blevine
Wed Jun 27, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 10590

Re: Lost out on promotion

Well as someone who went a very long career with the same firm and not promoted, I can tell you there are benefits : 1) I no longer have to go above and beyond 2) I no longer work eves and weekends 3) I no longer volunteer for anything optional that would be "for show" to management 4) I still get m...
by blevine
Mon Jun 25, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Betterment fined
Replies: 12
Views: 2570

Betterment fined

http://www.investmentnews.com/article/2 ... from-finra

Not sure what they did sounded so bad, but thought those of you using or considering using Betterment should know.
by blevine
Sun Jun 24, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Question about NY 529 plan
Replies: 7
Views: 435

Re: Question about NY 529 plan

I had funded and already spent the NY 529 on 2 kids. While I did open 2 accts, mainly so I could name 2 beneficiaries, that turned out to not be necessary when they were young. Most certainly you can open one acct, add $10k/year while married filing jointly. Down the line if you want to split for 2+...
by blevine
Sun Jun 24, 2018 6:41 am
Forum: Personal Finance (Not Investing)
Topic: How to pay college tuition from a 529?
Replies: 56
Views: 5256

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: 21
Views: 4053

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: 54
Views: 6809

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: 3223

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: 1794

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: 4010

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: 48
Views: 2997

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: 37894

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: 1742

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: 2246

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: 1742

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: 404

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: 1080

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: 2246

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: 6583

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: 2322

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: 3880

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: 2322

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: 5358

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: 1438

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...