Search found 3562 matches

by BolderBoy
Sun Jan 21, 2018 6:10 pm
Forum: Personal Consumer Issues
Topic: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?
Replies: 16
Views: 684

Re: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?

No.

Once I found the BH forum I cancelled my subscription to Money Magazine (which I'd had for 30 years).

No regrets.
by BolderBoy
Sun Jan 21, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Anyone donated a car to charity?
Replies: 20
Views: 595

Re: Anyone donated a car to charity?

Someone on here a year or two ago posted his story about donating his car to his local PBS station. It was involved in a crash while being driven by the pickup driver. The ensuing legal hassles that the poster endured were pretty amazing.

His net comment was that he'd never donate another car.
by BolderBoy
Sun Jan 21, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Appreciation of Stock Portfolio Assets Related to Family Law in California/Community Property State
Replies: 2
Views: 150

Re: Appreciation of Stock Portfolio Assets Related to Family Law in California/Community Property State

So I have stock in a company acquired pre-marriage. If I sell it, I understand that all the gains would still be separate property (in California). IANAL. I wonder if the gains that occurred from the date of the marriage to the date of sale would be "community property." The stock would still be yo...
by BolderBoy
Sun Jan 21, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: We need more space!
Replies: 20
Views: 1138

Re: We need more space!

PanchonLefty wrote:
Sun Jan 21, 2018 10:37 am
What am I not thinking about?
Have you considered adding on to your present home?
by BolderBoy
Sat Jan 20, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 43
Views: 2489

Re: Telemarketing calls from my own prefix

totallystudly wrote:
Sat Jan 20, 2018 11:32 am
Sue them. They won't stop, but at least you can get compensated for your time and annoyance.
Suing and collecting are completely unrelated.

The Mafia know the correct way to deal with annoyances such as this.
by BolderBoy
Fri Jan 19, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Have you or anyone you know actually used umbrella coverage?
Replies: 31
Views: 2636

Re: Have you or anyone you know actually used umbrella coverage?

On the flip side, has anyone been involved in an accident, where they lost personal assets or had their wages garnished because their liability limits were insufficient to cover the claim for an accident where they were at fault? Or even known anyone who had? Yes. Fellow left work after a 12 hour n...
by BolderBoy
Fri Jan 19, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Accounts
Replies: 18
Views: 1664

Re: Edward Jones Accounts

Can someone, in layman's terms, give some much needed advice? I have done a bit of research on Vanguard. A bit nervous on going it alone. You aren't going it alone, you have us :). Vanguard is a good choice for your new custodian. You can call them and they'll help get you setup and will do most of...
by BolderBoy
Fri Jan 19, 2018 3:14 pm
Forum: Personal Consumer Issues
Topic: Premium gas at BJ's for Mercedes
Replies: 42
Views: 1909

Re: Premium gas at BJ's for Mercedes

As for #1..the gas stations are license to do what they do..hold and pump gas. I don't doubt that any formulation/additive batching on premise would require a whole other set of regulations, air permit assessment.. etc as it's a separate process. Doesn't matter..not worth debating..it isn't done an...
by BolderBoy
Fri Jan 19, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: Home Humidifier input please
Replies: 39
Views: 1686

Re: Home Humidifier input please

I have an Aprilaire attached to the furnace with the humidistat on a cold air duct return. Last month I got my first ever notice from the City that the newest-and-greatest water meter upgrades they've been installing detected that I had water running for 24 hours continuously. The letter went on to ...
by BolderBoy
Fri Jan 19, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 15
Views: 2006

Re: Per Stirpes

I see Vanguard does not allow per stirpes in taxable account. I wonder if I/we could enter small percentages for our grandchildren to insure against a "per capita" settlement of the Vanguard, Ed Jones TOD's, and the Nationwide 457(b)(Nationwide also, like Vanguard does not allow per stirpes). Or pe...
by BolderBoy
Fri Jan 19, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can You Say...Auto Insurance
Replies: 21
Views: 1496

Re: Can You Say...Auto Insurance

I have pretty good coverages 100/300/50 to protect myself & my assets in case of a accident. I' am even thinking of a umbrella policy. Is the "50" the property damage coverage? If so then you are under-insured. The good news is that if you get an umbrella policy, it will require you to raise your b...
by BolderBoy
Fri Jan 19, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3370

Re: Considering PhD...but so much to consider...

There are books for people considering a PhD program. Read them ASAP. Getting What You Came For: The Smart Student's Guide to Earning an M.A. or a Ph.D. is one. Here is a list of other such books... http://www.onlinephdprograms.com/14-books-you-need-to-read-before-pursuing-a-phd/ There's a movie, t...
by BolderBoy
Fri Jan 19, 2018 12:17 am
Forum: Investing - Help with Personal Investments
Topic: How to step in?
Replies: 10
Views: 955

Re: How to step in?

dagsnc wrote:
Thu Jan 18, 2018 10:22 pm
I think understand dollar cost averaging...so I believe i wouldn’t want to jump into my new strategy all-in but rather move money in over time.
Once you decide that DCA is right for you, plan to get it all DCAed within 12 months.
by BolderBoy
Fri Jan 19, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance !! Moving From Morgan Stanley ...
Replies: 9
Views: 1041

Re: Inheritance !! Moving From Morgan Stanley ...

... and being in my 60's, I'm not investing for my future. Thanks in advance for your understanding and responses. Eeeek! Orientation change. Unless you are planning to die tomorrow or next week you are most certainly going to be investing for the future. You may live for another 30+ years for all ...
by BolderBoy
Wed Jan 17, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 3561

Re: How to overcome the fear of spending money? (Buying a car)

If it makes you happy, given your assets, go for it. Miata''s a great little sports convertible. I'm sharking an RF myself. :wink: forum.miata.net is informative for Miata.... My goodness!! I am on forum.miata.net 4 hours a day at least. Ha ha, I am addicted to looking at folks talking about this l...
by BolderBoy
Wed Jan 17, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 43
Views: 2015

Re: Take a 401k Loan?

Last January I missed a credit card bill for $129. And I missed making payments on it for the next 5 months, then paid it off completely. By then the charge had risen to $300 including all the fees and penalties. My prior FICO score had been 800+ for decades. This one issue dropped it to 600. It ha...
by BolderBoy
Wed Jan 17, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 43
Views: 2015

Re: Take a 401k Loan?

I am debating taking a 401k loan to pay off some debt in order to raise my credit score. This is a wretchedly bad idea. Don't do it. As others have pointed out, you cannot borrow yourself out of debt. Understood, I thought this may be frowned upon and am glad I posted to get some Boglehead feedback...
by BolderBoy
Wed Jan 17, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 43
Views: 2015

Re: Take a 401k Loan?

kwarden13 wrote:
Wed Jan 17, 2018 2:31 pm
I am debating taking a 401k loan to pay off some debt in order to raise my credit score.
This is a wretchedly bad idea. Don't do it.

As others have pointed out, you cannot borrow yourself out of debt.
by BolderBoy
Wed Jan 17, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable trust for primary residence
Replies: 12
Views: 890

Re: Irrevocable trust for primary residence

What state do you live in? My gut impression is that doing this with your residence is a waste of effort. If a plaintiff's attorney is coming after your personal assets then s/he is likely going to seek garnishment of your income going forward as well. Your only escape would be to flee the country. ...
by BolderBoy
Wed Jan 17, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased mother's Financial Advisor wants $500+ to convert to bene IRA
Replies: 31
Views: 2470

Re: Deceased mother's IRA co wants $500+ to convert to bene IRA

I was wondering if it's typical for an IRA company to charge $500+ for their part in the process of transferring from my mother's traditional IRA to a beneficiary IRA in my name, and then to the custodian of my choice (haven't decided yet between Vanguard, E*Trade, or Fidelity; have accts at all 3 ...
by BolderBoy
Wed Jan 17, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 3561

Re: How to overcome the fear of spending money? (Buying a car)

I do have a truck but I want a daily driver which is fun to drive and not too expensive. Would you be the only driver of these two vehicles? Can you drive them simultaneously? Then why have two vehicles? Many of my neighbors are two-person families. Many of them have 3-4 autos. Never understand that.
by BolderBoy
Wed Jan 17, 2018 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4210

Re: Lost Job. Retirement/Portfolio Advice

Current portfolio Total: approximately $3.5 mil Individual stock investments $1,959,762 Bank Savings and Checking Accounts. $1,064,325 I think you can breathe easier. It hurts one's pride to lose a job - no question, but your life isn't over. You are positioned very well even if you don't work anot...
by BolderBoy
Wed Jan 17, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: New Tax Brackets...Trad 401, Roth 401, or a mix?
Replies: 6
Views: 362

Re: New Tax Brackets...Trad 401, Roth 401, or a mix?

I continue to think the answer is more complicated than "taxes now vs taxes later". Money now is worth more than money later, sure, to a point. But if investment gains outstrip inflation, then I'd argue a completely tax-free option (Roth) - particularly for the 60ish years the OP would be holding it...
by BolderBoy
Wed Jan 17, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k options
Replies: 7
Views: 380

Re: Solo 401k options

firegirl wrote:
Tue Jan 16, 2018 5:37 pm
The fee is like 500 to set up + 100 per year I believe.
Unless you have very special needs, you shouldn't have to pay any fees or ongoing maintenance costs to have a solo401k. You mentioned "loans". It is highly dis-recommended to take loans from your 401k plan.
by BolderBoy
Wed Jan 17, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a change in asset allocation; tell me if I'm approaching this the right way
Replies: 10
Views: 821

Re: Considering a change in asset allocation; tell me if I'm approaching this the right way

I am considering changing my asset allocation and looking for input because I want to be extremely cautious about any changes. I know I’ve read answers to questions like it many times here -- but then, it always seems like a different question when it’s your OWN money and future at stake, doesn’t i...
by BolderBoy
Wed Jan 17, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH IRA: Tax implication help
Replies: 5
Views: 202

Re: Backdoor ROTH IRA: Tax implication help

No, you are not taxed on the $5500 again. But since the $5500 is co-mingled with the rest of the taxable IRA and you cannot decide which part gets converted to the Roth and which part doesn't, you have to calculate the ratio of non-taxable to taxable and apply that ratio to the amount you want to co...
by BolderBoy
Wed Jan 17, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: im 25 years old and want to start investing
Replies: 9
Views: 735

Re: im 25 years old and want to start investing

Welcome to the forum. Starting at such a young age will ensure a bright future. At .06, I think the target retirement fund is the best way to go for the beginning investor. Look at the year and pick the one with the aa closest to what you want. If you have cash sitting in a savings account, fund yo...
by BolderBoy
Wed Jan 17, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Market
Replies: 30
Views: 2303

Re: Bond Market

My thinking is that if equities crash don't people usually flee to the safety of bonds? Yes, this has been the mantra of the financial media for decades. Probably should substitute "safety of fixed income" for "safety of bonds" just to cover everything. It is this "flight" that offers the refined i...
by BolderBoy
Wed Jan 17, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: 401k how to reduce or eliminate fees
Replies: 12
Views: 782

Re: 401k how to reduce or eliminate fees

Do i start the transfer and then once it is done pick my investment options ? or I have to know that before I start the roll over from putnam 401k to vanguard I left my previous job june 2016 , what are the rules for transfering from 401k to IRA ? does it have to be within 60 days ? You may begin t...
by BolderBoy
Wed Jan 17, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: 401k how to reduce or eliminate fees
Replies: 12
Views: 782

Re: 401k how to reduce or eliminate fees

Yep. That is why you should always roll a 401k to an IRA whenever you leave a job. Almost always lower fees and more options with an IRA. There are some select situations where rolling over a 401k to an IRA may not be the best strategy. Backdoor Roths are harder to do with a bloated IRA, for example.
by BolderBoy
Wed Jan 17, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Are we in an Index fund bubble? Are we irrationally overlooking individual stock analysis?
Replies: 18
Views: 2636

Re: Are we in an Index fund bubble? Are we irrationally overlooking individual stock analysis?

Are bogleheads being irrational by ignoring individual stocks? My father was a business professor for 30 years. Fancied himself a very astute investor, started an investment club, subscribed to Value Line and taught the other members of the club how to choose stocks. He managed a portfolio of 15-20...
by BolderBoy
Wed Jan 17, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Make me feel good about my bond allocation
Replies: 35
Views: 3192

Re: Make me feel good about my bond allocation

Hah. I'm at 30/70 and many days I see portfolio bumps >$2k in the last year. In the latter 1990s, I regularly saw daily portfolio bumps of $10k-20k. But my AA was closer to 95/5 and I wasn't a happy camper when March 2000 came along. Come the next correction you will either be glad you have the AA y...
by BolderBoy
Wed Jan 17, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands tighter than 5 / 25?
Replies: 17
Views: 1104

Re: Rebalancing bands tighter than 5 / 25?

Is it reasonable to use tighter rebalancing bands like 2% / 10%? Note that my investments are at Vanguard and Merrill Edge (with free trades) so trading costs aren't a consideration; the only potential issue is additional taxable events in my non-retirement accounts. Sure. I'm an opportunistic reba...
by BolderBoy
Wed Jan 17, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Is lump sum or dollar cost averaging more in line with boglehead values?
Replies: 22
Views: 1522

Re: Is lump sum or dollar cost averaging more in line with boglehead values?

Most Bogleheads recommend a healthy dose of bonds to reduce risk yet also recommend investing large sums in a single shot (correct or wrong?). Isn't this a contradiction? Why wouldn't a Boglehead recommend to do some dollar cost averaging over a time period commiserate with one's risk tolerance? He...
by BolderBoy
Wed Jan 17, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Feeding the market
Replies: 14
Views: 1090

Re: Feeding the market

FrankLUSMC wrote:
Wed Jan 17, 2018 8:19 am
I am 61 and have seen/followed market moves since mid 1972 or so.
Since you were 15 y/o? I'm impressed.
by BolderBoy
Wed Jan 17, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Will a bond sell-off be the catalyst for a Major Market Correction?
Replies: 13
Views: 1365

Re: Will a bond sell-off be the catalyst for a Major Market Correction?

- Bill Gross, manager of the Janus Henderson Global Unconstrained Bond, wrote earlier this month that "tax cuts and increasing budget deficits" will boost inflation. He told Bloomberg last week that he's betting against bonds because he thinks a bear market has begun. Isn't this the same guy who go...
by BolderBoy
Wed Jan 17, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: How will or might nonprofits be affected by tax law changes?
Replies: 36
Views: 1750

Re: How will or might nonprofits be affected by tax law changes?

For our planning purposes, does anyone have any opinions or views on whether or if donors might reduce charitable contributions in 2018 and following? Some might. But the true believers in the cause probably won't. Though I won't get much in the way of charitable deductions going forward, I believe...
by BolderBoy
Wed Jan 17, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: [Virginia] Transfer on Death Deeds .. New Husband?
Replies: 42
Views: 1664

Re: [Virginia] Transfer on Death Deeds .. New Husband?

She has actually found a new man who is 5 years younger than her, and he has already bought her a ring so that they can get married. Needless to say, this concerns me because I have a financial interest in the property. Besides doing another quitclaim and having her add me to the deed again, what e...
by BolderBoy
Mon Jan 15, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 17
Views: 1753

Re: Owning house in a trust?

HEDGEFUNDIE wrote:
Mon Jan 15, 2018 9:04 pm
What is advantage of owning a home within an individual trust?
Probate avoidance on death I think is a prime reason. If a state offers TOD deeding of real estate it is cheaper and mostly accomplishes the same thing.
by BolderBoy
Mon Jan 15, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance: Who do you use? (Auto/Home)
Replies: 32
Views: 1780

Re: Insurance: Who do you use? (Auto/Home)

Alan S. wrote:
Mon Jan 15, 2018 6:51 pm
Before that State Farm - left due to rate increases
Before that AARP Hartford - left due to rate increases
Same order for me and left both for the same reasons.
by BolderBoy
Mon Jan 15, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3370

Re: Considering PhD...but so much to consider...

Would the PhD be about the money or would the PhD be about personal fulfillment?

I'm lukewarm about seeing you do it for the money.

I did mine for the personal fulfillment and the money just happened to be a secondary (BIG) side effect.
by BolderBoy
Mon Jan 15, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Windfall (no country bias) [Non-US]
Replies: 22
Views: 1563

Re: Investing Windfall (no country bias)

I'm not really resident anywhere... well I am, but we've tended to move pretty regularly to different countries (benefit and negative of the business I was in), and can't decide where to live next (nor how long we'll be there, but pretty sure it won't be forever). You are being pretty cagey for som...
by BolderBoy
Mon Jan 15, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10242

Re: Dave Ramsey's Millionaire Study

It's an anonymous survey. Or at least contact info is optional. Your IP address isn't anonymous. You can be sure that they harvest that on the first login. I think they need a court order to correlate your IP address with your name. I doubt they can do that. Just MHO, but I think that is naive. A g...
by BolderBoy
Mon Jan 15, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10242

Re: Dave Ramsey's Millionaire Study

GuyInFL wrote:
Sun Jan 14, 2018 12:55 am
It's an anonymous survey. Or at least contact info is optional.
Your IP address isn't anonymous. You can be sure that they harvest that on the first login.
by BolderBoy
Mon Jan 15, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 42
Views: 3660

Re: why emergency savings?

So suppose I pull $20k out of savings and put it into stocks and bonds. Maybe to slightly increase my sense of security I increase my bond allocation by 1-2%. Now I have more money invested, and I can still virtually guarantee that I'll be able to sell up to $20k when I need to. What do you think? ...
by BolderBoy
Mon Jan 15, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3634

Re: Are land line phones still being supported?

My mom died last year in her 90s. She had the same phone for 50+ years, landline of course.

You should have seen the 20somethings gather around at the local CenturyLink office when I turned it in while closing out her account.
by BolderBoy
Mon Jan 15, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Best rock solid router with vpn server and guest network
Replies: 12
Views: 1002

Re: Best rock solid router with vpn server and guest network

If you are willing to spend some money... Take a look at the TP-Link Archer C5400. It does all that. Three simultaneous radios (excellent throughput), too.
by BolderBoy
Sun Jan 14, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1663

Re: mlp's Master Limited Partnerships

These were the last things I played with before throwing it all over and going with a BH, 3 Fund portfolio. Never regretted ditching MLPs and have never looked back.
by BolderBoy
Sun Jan 14, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie - diversify? (do something different) or keep going?
Replies: 1
Views: 132

Re: Newbie - diversify? (do something different) or keep going?

Jockey wrote:
Sun Jan 14, 2018 11:40 am
A. Get 401k, IRA, 529 and other tax deferred account starting in 2018? Besides the slight tax savings - is there a real value?
Yes, of course do this first. "Slight tax savings..."? You save 37 cents per dollar you put in a 401k.