Search found 3581 matches

by BolderBoy
Tue Jan 23, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 18
Views: 441

Re: Working in the real world

I understand that many of the posters on this board are medical professionals or work in government jobs. Nevertheless the claims that people make for their incomes and benefits are so out of line with my experience that I sometimes question them. Things like this are very much circumstance related...
by BolderBoy
Tue Jan 23, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?
Replies: 20
Views: 796

Re: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?

As I'm sure most of you are aware, the stock market has been escalating very rapidly since the new year. As thrilled as I am by how much I have made in just three weeks, I'm also getting very nervous because "what goes up must come down". All this translates to, "Maybe my asset allocation isn't cor...
by BolderBoy
Tue Jan 23, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Can we pull the plug (retire)?
Replies: 21
Views: 1101

Re: Can we pull the plug (retire)?

KlingKlang wrote:
Tue Jan 23, 2018 4:29 pm
Yes. She works at an Asian dry cleaners that pays below minimum wage. She is finally considering quitting because the owner beat another employee for something that she didn't consider a mistake.
Beat another employee for ANY REASON sounds like a criminal offense.
by BolderBoy
Tue Jan 23, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of leaving my IRA split between my wife and sons
Replies: 6
Views: 385

Re: Thinking of leaving my IRA split between my wife and sons

Need to know pros and cons in doing so and was wondering if there a post or article on site that address the subject. 1. does it protect it if I should enter a nursing home 2. can wife roll her share of it over to sons upon her death Any help or directions to more info would be appreciated Do you h...
by BolderBoy
Tue Jan 23, 2018 2:23 pm
Forum: Forum Issues and Administration
Topic: Slow loading of pages.
Replies: 26
Views: 2141

Re: Slow loading of pages.

triceratop wrote:
Tue Jan 23, 2018 2:09 pm
^ I merged Bolderboy's topic on the same issue into this existing topic.

The last I heard, this was being worked on. I do not know if it was ever resolved. I asked again.
Ooops. Thank you.
by BolderBoy
Tue Jan 23, 2018 2:20 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 58
Views: 3497

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

OP, these are general observations and not directed to you or any of your previous postings. To me, postings-for-help seem to fall into two broad classes: those where it is obvious the poster spent a lot of time reading the forum and so has a grasp of what the BHs are all about (and the basics of in...
by BolderBoy
Tue Jan 23, 2018 2:03 pm
Forum: Forum Issues and Administration
Topic: Slow loading of pages.
Replies: 26
Views: 2141

bogleheads.org irregularly slow response times

Within the last month or two I've noticed that the website has developed an annoyingly SLOW response time, but it isn't consistent. Things will go along speedily - click on a forum topic and it loads almost immediately - then for no reason I can discern, clicking on a topic results in, "Establishing...
by BolderBoy
Tue Jan 23, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Lawn service etiquette
Replies: 22
Views: 1567

Re: Lawn service etiquette

We continued service from the previous owners (who were much older and likely incapable of doing much yardwork) initially just because it took us a while to move in and we wanted to make sure we didn't pass off the neighbors/HOA before even arriving. However, we continued it because we both work/tr...
by BolderBoy
Tue Jan 23, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: UHNW on paper - advice fire-testing AA
Replies: 7
Views: 377

Re: UHNW on paper - advice fire-testing AA

For simplicity, assume that the $5M in liquid assets is all my assets. My current thinking is to go 100% VWIUX (VG's int-term tax-exempt bond fund). Why such a bizarre AA vs a mix of stocks/bonds? Because the rest of my illiquid on-paper assets are highly correlated to the equity markets. Ummmm, I ...
by BolderBoy
Tue Jan 23, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Converting to Vanguard Funds
Replies: 3
Views: 225

Re: Converting to Vanguard Funds

I agree with ruralavalon.

Also, it is better to isolate your risks to perfunctory categories. It is commonly said on the BH forum that one ought to take risks on the stock side and use bonds more for safety.
by BolderBoy
Tue Jan 23, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-deferred accounts maxed out - where to park extra funds?
Replies: 4
Views: 264

Re: Tax-deferred accounts maxed out - where to park extra funds?

-SEP-IRA: 620k (mainly in low-cost index funds/ETFs, comprised on 65% domestic equities & 35% international equities) Is your total portfolio asset allocation really 100/0? group advise to sink this lump sum of 270k (and future excess cash) in the taxable brokerage account and perhaps shoot for a m...
by BolderBoy
Tue Jan 23, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 23
Views: 1565

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

My plan is to have $1 million in hi quality bonds. This represents over 10 yrs in life expenses. The rest is in stocks irrespective of the % stock to bond allocation. I continue to work and am 2-5 yrs from retirement and continue to save 50% bonds and 50% stocks. The 50% bonds savings is primarily ...
by BolderBoy
Tue Jan 23, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: How good or bad is this portfolio?
Replies: 27
Views: 1198

Re: How good or bad is this portfolio?

This seems a bit wacky, but maybe it's not. Is my current set up from FA. One reason for switching to self managed. What do you think? I think 1) he is trying to show you how really complicated it is to do investing and 2) somehow he is trying to maximize his personal take from your portfolio. Ditc...
by BolderBoy
Tue Jan 23, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Have you ever acted on an instinct like this?
Replies: 16
Views: 1187

Re: Have you ever acted on an instinct like this?

Today an in-law asked me if I owned any stocks and said they just bought their first ones this past week. I wondered if people who have not been interested in the market ever before, deciding to get in was a sign I should try market timing! (I'm not going to I think...) This is probably a sign of "...
by BolderBoy
Tue Jan 23, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Why hold total bond market fund when 7 year CDs yield more?
Replies: 19
Views: 1722

Re: Why hold total bond market fund when 7 year CDs yield more?

tc101 wrote:
Tue Jan 23, 2018 10:16 am
You can get a 7 year CD at Vanguard yielding 2.75%. The total bond market fund has a longer average maturity of 8.4 years, yields 2.65%, and is slightly less safe. Why buy the total bond market fund?
For ease of rebalancing?
by BolderBoy
Mon Jan 22, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: Expected earning in next 10 years
Replies: 12
Views: 1004

Re: Expected earning in next 10 years

I heard on CNBC that CEO of Vanguard Tim Buckley saying investors can expect around 6% returns next 10 years or so, in a balanced portfolio of 60/40 type. Any comments on his insight? It is only meaningful if he personally guarantees that result. And what if it turns out to be higher? Does it make ...
by BolderBoy
Mon Jan 22, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about changing jobs after 15 years. Looking for something I can land with a 2yr/tech school
Replies: 36
Views: 2344

Re: Thinking about changing jobs after 15 years. Looking for something I can land with a 2yr/tech school

I'm 33 years old and a majority of my work experience is related to being a production foreman. I only have a high school level education. I am located in Houston, TX. msn.com ran this article in June 2017: https://www.msn.com/en-us/money/careersandeducation/the-50-highest-paying-jobs-you-can-get-w...
by BolderBoy
Mon Jan 22, 2018 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Please recommend an allocation now ( age 31) if retiring in 20 years ?
Replies: 33
Views: 2124

Re: Please recommend an allocation now ( age 31) if retiring in 20 years ?

jayk238 wrote:
Sun Jan 21, 2018 6:05 pm
What other info do you need to help.
We need more info, in this format, please: viewtopic.php?f=1&t=6212

Based on what you've told us so far, retirement in 20 years is a pipe dream.
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: 21
Views: 1319

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: 22
Views: 939

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: 4
Views: 326

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: 24
Views: 1950

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: 44
Views: 2807

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: 34
Views: 3223

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: 22
Views: 2226

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: 2026

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: 48
Views: 2327

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: 2042

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: 33
Views: 2195

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: 3444

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: 981

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: 1059

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: 3671

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: 2046

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: 2046

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: 2046

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: 907

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: 2499

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: 3671

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: 4288

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: 378

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: 396

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: 840

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: 211

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: 752

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: 2324

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: 796

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: 796

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.