Search found 3875 matches

by BolderBoy
Wed Jun 20, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Considering adding VWALX; pros-cons
Replies: 13
Views: 1097

Re: Considering adding VWALX; pros-cons

Was hoping that others with more knowledge than I could speak to the pros and cons of this fund relative to VWIUX, especially in the current time of rising interest rates. The primary purpose of bonds in a portfolio is to mitigate risk. A common wisdom is to take your risks on the stock side of you...
by BolderBoy
Wed Jun 20, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Changing from Average Cost basis to Spec ID
Replies: 4
Views: 352

Re: Changing from Average Cost basis to Spec ID

jj wrote:
Wed Jun 20, 2018 8:51 am
If I sell the whole position, I have a small loss <$10,000, and then buy the same fund back again in 31 days+ can I then start over again with Spec ID?

I'm not sure if the IRS rules allow a change like this.
I don't know what the IRS rules say, but I've done exactly this and Vanguard allowed it.
by BolderBoy
Wed Jun 20, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 28
Views: 2774

Re: Value of a Military Retirement

I do enjoy being a physician in the military. I'm not itching to leave. There are some uncertainties and some things that could make my life much harder. And I don't have the option to scale back in the military; it's pretty much full speed ahead until retirement, more stress and responsibility ove...
by BolderBoy
Wed Jun 20, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: How far can I go to ask Morgan Stanley to fix their mistake?
Replies: 8
Views: 595

Re: How far can I go to ask Morgan Stanley to fix their mistake?

I am trying to escalate this but I honestly don't how far can I go or what could I get out of this. This will disturb my plans for the whole year unfortunately and I am pretty frustrated at them. They already acknowledge that the mistake is clearly on their part and they are "looking into what they...
by BolderBoy
Wed Jun 20, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: How to evaluate charities to donate to?
Replies: 36
Views: 1112

Re: How to evaluate charities to donate to?

Yankuba wrote:
Wed Jun 20, 2018 10:32 am
Me too. I also read the IRS Form 990s whenever I can. If the 990 isn't online you can email the non profit for it. If they don't send you one it is a red flag in my book.
I agree with this and do it in every case. Rule out orgs that pay their CEOs outrageously (United Way?)
by BolderBoy
Wed Jun 20, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 52
Views: 2729

Re: Surprise - Costco sells - but does not install vehicle batteries

Rupert wrote:
Wed Jun 20, 2018 11:02 am
Who charges $50 to do that? Auto Zone does it for free if you buy your battery there.
Only if the battery is "under the hood".
by BolderBoy
Tue Jun 19, 2018 8:56 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4690

Re: General Electric booted from Dow Jones Industrial Average

Rick Ferri wrote:
Tue Jun 19, 2018 5:24 pm
Who cares? The DJIA should have been retired a long time ago.
Agreed, who cares? Also, this has been expected for a LONG time.
by BolderBoy
Tue Jun 19, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Illinois Land Trust. DIY Options and Attorney Representation
Replies: 5
Views: 412

Re: Illinois Land Trust. DIY Options and Attorney Representation

Tico_75 wrote:
Tue Jun 19, 2018 1:24 pm
This is simply to avoid probate in the -long- future, the properties are under my name.
Why not use this method to avoid probate on those properties? http://www.ilga.gov/legislation/ilcs/il ... apterID=60

IANAL.
by BolderBoy
Tue Jun 19, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 28
Views: 2774

Re: Value of a Military Retirement

Are you enjoying being a physician in the military? Or are you merely putting up with it while you ponder the pension and lifetime healthcare bennies? If the former, then no question - stay for the retirement perks. If the latter, well... As mentioned earlier, it seems more of a lifestyle question.
by BolderBoy
Tue Jun 19, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on job change consideration
Replies: 13
Views: 1052

Re: Advice on job change consideration

LukeHeinz57 wrote:
Tue Jun 19, 2018 1:00 pm
Based on the information you have provided I would take the prospective job.
Likewise.
by BolderBoy
Tue Jun 19, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4118

Re: Do you think it is smart to disclose that you have passive investments to other people?

Let's say that you are a private practice lawyer, doctor, or some other sole proprietor with clients and that you own passive real estate rentals or other relatively passive cash-flowing businesses. Is it smart for you to disclose this to your clients when you are too busy to be as available for th...
by BolderBoy
Tue Jun 19, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Carpet Installers- Tipping?
Replies: 22
Views: 1396

Re: Carpet Installers- Tipping?

Kywildcat wrote:
Tue Jun 19, 2018 9:35 am
I am having carpet installed through a Lowes (free installation promo). Is there an expectation to tip the installers. I'm a relatively new homeowner and don't have much experience dealing with contractors. Thanks in advance.
When I was younger, no. Now, yes.
by BolderBoy
Sun Jun 17, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 153
Views: 7208

Re: Which Supermarket are you?

King Soopers (owned by Kroger) about a mile down the hill.
by BolderBoy
Sat Jun 16, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: Houston Safety
Replies: 13
Views: 1216

Re: Houston Safety

Colorado is horribly cold in the winter, which comes every year for some reason. The air is very thin. I’ve lived here since 1999 and the coldness and thinness of the air has only gotten worse. In short, don’t move here. Move to California instead. Much warmer and much thicker air (so thick you can...
by BolderBoy
Sat Jun 16, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Houston Safety
Replies: 13
Views: 1216

Re: Houston Safety

Dave55 wrote:
Sat Jun 16, 2018 9:04 am
I lived a few blocks from there many years ago. Never was a problem then, not sure how it is now though.
... and now you live in Colorado :D
by BolderBoy
Sat Jun 16, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Houston Safety
Replies: 13
Views: 1216

Houston Safety

Never been to Houston before. Will be staying near S Main Street & McNee Road.

Is it a safe area? I'd just as soon leave my bazooka at home.
by BolderBoy
Wed Jun 13, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Cost-basis step-up at death
Replies: 9
Views: 973

Re: Cost-basis step-up at death

Can I step-up the cost basis of these accounts to the date of my father's death? If so, can I step it up 100%? The type of joint account is JTWROS (Joint tenancy with with rights of survivorship). No. If you jointly own the account you get no stepped-up basis in the value of the accounts. The pseud...
by BolderBoy
Wed Jun 13, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Allowance [Giving allowance to child]
Replies: 28
Views: 2168

Re: Allowance [Giving allowance to child]

I don't understand the idea of an "allowance" - not even sure what it means. Make a deal with her that you are willing to pay her money for work she can and is willing to do. "Money for Work" should be the lesson. Pick things that you do now, that she can do instead (transfer of work from you to her...
by BolderBoy
Wed Jun 13, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 6920

Re: Boring Job

Just graduated from college a few months back and landed my first job... I come from a job where I could easily do 50 hours of demanding work a week so this was a big change for me...Thanks and I will appreciate any insight. My first insight is, "How can this be your first job if you, '...come from...
by BolderBoy
Wed Jun 13, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16069

Re: Should I take possession of a certified mail?

Now he has sent us something in a certified mail, which we refused to accept. We really don't want to deal with him nor are there any outstanding bills that we owe to him. Should we accept the mail or not? Any thoughts? Thank you. Accept and open the letter. If there is anything even remotely threa...
by BolderBoy
Mon Jun 11, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Replacing total bond fund with municipal bond fund
Replies: 4
Views: 578

Re: Replacing total bond fund with municipal bond fund

Is it reasonable to forego the total bond market index fund completely in my tax-advantaged accounts (making more room for other investments) and to fund my taxable completely with municipal bond funds to hit my bond allocation targets? I have no room for REITs and other investments in may tax-adva...
by BolderBoy
Mon Jun 11, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: 2018 RAV 4 or Camry
Replies: 28
Views: 1889

Re: 2018 RAV 4 or Camry

Where do you live?
by BolderBoy
Sun Jun 03, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12448

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

TheNightsToCome wrote:
Sun Jun 03, 2018 6:54 pm
1. Would law schools decline to accept me because of my age?
Doubtful they'd diss you for your age. Here is a guy I worked with decades ago who went to law school after he retired and when he was older than you: http://asts.org/about-asts/chimera-chro ... h-m-lee-md
by BolderBoy
Sat Jun 02, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 3955

Re: Friends with an EJ Advisor

A very small part of me skeptically wonders if he's pursuing me as a prospect more so than a friend. Yes, he is. If anyone has advice on how to politely make it clear that I'm not interested the next time he brings it up, I'd welcome suggestions on how to handle this. Yes, politely tell him that th...
by BolderBoy
Fri Jun 01, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Roommate in a house?
Replies: 32
Views: 2929

Re: Roommate in a house?

1 - When it becomes tax season how does she file her taxes as it concerns the rental income. 2 - In the eyes of the IRS would me paying for bills and her paying for the mortgage suffice since she's isn't getting extra income from me? Are you signing a lease with her as the landlord? If not then you...
by BolderBoy
Fri Jun 01, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Value of Umbrella Insurance Policy
Replies: 18
Views: 1962

Re: Value of Umbrella Insurance Policy

LuigiLikesPizza wrote:
Fri Jun 01, 2018 12:17 pm
I carry the following limits on my auto policy - $300/$300/$50
Is the "50" = $50k property damage? If so, it is way too low. You total my new Mercedes and you'll be paying a bunch out of pocket, too.
by BolderBoy
Fri Jun 01, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: Affresh or Clorox?
Replies: 10
Views: 1030

Re: Affresh or Clorox? Or something else?

And, never use fabric softener (e.g., Downy) in your washer. x1000!!! A few years back I asked on this forum what to do about my very stinky top-loading washer. Tried gobs of the Affresh tabs, Chlorox to-the-point of contaminating the aquifer, boiling water off the stove, you name it. Nothing worke...
by BolderBoy
Fri Jun 01, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Advice for assisting 18 year old son after high school
Replies: 70
Views: 5235

Re: Advice for assisting 18 year old son after high school

Comes from a physician family, eh? Your son needs to learn that he can earn his life's living by physical labor or [mostly] intellectual labor. Choice is largely his. IMO, he should start out on the physical side, work everyday until dog tired, until his bones ache. Then he can decide if he wants th...
by BolderBoy
Mon May 21, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Medicare and Cataract surgery - one or two charges?
Replies: 31
Views: 1609

Re: Medicare and Cataract surgery - one or two charges?

At some point in the future, it is near certain that I will need cataract surgery. My understanding is that this is generally (in the US) done one eye at a time. Am I correct that (under medicare rules) this would be two surgeries and two charges? From what I read, in some other countries - it is m...
by BolderBoy
Thu May 17, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Free skin cancer screenings
Replies: 26
Views: 2347

Re: Free skin cancer screenings

I was browsing the web and stumbled on an announcement that May is Skin Cancer Awareness Month, and the American Academy of Dermatology is providing free skin cancer screenings. TANSTAAFL! Ever the cynic I'd view this like the "open house" event put on by realtors: primary goal is to get your name/...
by BolderBoy
Tue May 15, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4080

Re: Do I tell Social Security I retired?

Also be aware that the word "retired" or "retirement" means something entirely different to SS, as they equate it with a request for benefits. I would suggest staying off of their radar until you want to file. This is good advice. Follow it. In the meantime, since you registered for an on-line acco...
by BolderBoy
Tue May 15, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Rental Car : Paying Toll tax in Texas for a CA resident
Replies: 15
Views: 1556

Re: Rental Car : Paying Toll tax in Texas for a CA resident

Likely, you will get a a mysterious charge from your rental car company weeks after the rental for the total plus an administrative fee. It was $30 plus $5 for the toll for me. Further broken down: toll: $0.30 toll company administration fee: $4.70 rental car company fee: $30 It's the new rip-off m...
by BolderBoy
Tue May 15, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Helping someone with Cancer
Replies: 21
Views: 1390

Re: Helping someone with Cancer

mak1277 wrote:
Tue May 15, 2018 9:19 am
I think what my mom appreciated most was having someone come clean her house for her.
This. Enormously helpful.
by BolderBoy
Fri May 11, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Which City to spend 4-6 weeks?
Replies: 47
Views: 4635

Re: Which City to spend 4-6 weeks?

Theseus wrote:
Tue May 08, 2018 5:17 pm
I'd appreciate if BHs have any suggestions. If I enjoy this, I will do this every year in a different location. So more suggestions are definitely welcome.
Dublin?
by BolderBoy
Tue May 08, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Whole house fan
Replies: 7
Views: 1560

Re: Whole house fan

..... Mine is made by Triangle Engineering (google it), is a real beast and has been in place for 10 years now without issues and gets used almost daily from early May thru September/October. It is running right now, matter of fact. Outside temp this morning was 55 when I turned it on 30 minutes ag...
by BolderBoy
Tue May 08, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Comparing 2 physician jobs
Replies: 69
Views: 6137

Re: Comparing 2 physician jobs

I did option 1 for 20 years (high income in a rural area). Made partner, then sold our practice to the hospital for a tidy sum. Worked as hospital employee for several years. Then finally got sick of snow, am now doing option 2 in sunny Los Angeles. Both options have their pros and cons. The money ...
by BolderBoy
Tue May 08, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: Whole house fan
Replies: 7
Views: 1560

Re: Whole house fan

Anyone had any experience with a Centric Air "Comfort Cool" attic fan? I know "Quiet Cool" fans are pretty popular, but from videos I've seen it looks like the "Comfort Cool" has a better warranty and is quieter. Just to be sure we are talking about the same thing, a "whole house fan" is different ...
by BolderBoy
Mon Apr 30, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Asked to be Executor - What questions to ask
Replies: 39
Views: 3508

Re: Asked to be Executor - What questions to ask

What other issues or questions should be concerned with? They are working with an eldercare attorney to update their will, so it has a higher probability of covering most contingencies than many. The #1 question I would ask is whether they've set up EVERYTHING possible as BOD/TOD/POD. IMO, the Will...
by BolderBoy
Mon Apr 30, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Favors for Family/Friends and Getting Compensated or Not?
Replies: 39
Views: 3295

Re: Favors for Family/Friends and Getting Compensated or Not?

Alexa9 wrote:
Sun Apr 29, 2018 2:10 pm
I told them this diplomatically but I feel I may have offended them or maybe they just expect free favors because it's family.
You need to learn how to say, "No.", and let that be it.
by BolderBoy
Sat Apr 28, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should I change careers?
Replies: 52
Views: 3924

Re: Should I change careers?

... since I plan to put the capital at risk by buying and holding a very concentrated basket of stocks (8-15 in total) for the next couple of decades with low turnover. This is the only part of your plan that gives me the willies. Instead of trying to find the needles in the haystack, why not just ...
by BolderBoy
Fri Apr 27, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Quick question: inherited real estate - how to get a tax basis?
Replies: 17
Views: 1493

Re: Quick question: inherited real estate - how to get a tax basis?

IlliniDave wrote:
Thu Apr 26, 2018 11:07 am
I had thought to simply hire a certified appraiser and get the property appraisal to establish a basis.
Why not simply use the most recent county Assessor's tax assessment value of the property? No cost for that.
by BolderBoy
Fri Apr 27, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: how would you handle this--collecting life insurance
Replies: 31
Views: 3038

Re: how would you handle this--collecting life insurance

aquamarine wrote:
Wed Apr 25, 2018 11:24 am
I do not have experience dealing with insurance companies and will appreciate any wisdom on how to handle resolving this. Thanks
I went through this last year. Took a month to get the forms by which time I got 3 sets by USPS and two sets by email. Sorry for your loss.
by BolderBoy
Fri Apr 27, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Pension and Social Security
Replies: 11
Views: 1687

Re: Pension and Social Security

D Newton wrote:
Thu Apr 26, 2018 8:24 pm
Thanks RK. That's what i thought too. Now the big question is whether to take a Lump Sum payment or monthly payment for life.
This website can help you decide: https://www.immediateannuities.com/
by BolderBoy
Fri Apr 27, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Does a 5 basis points difference matter when deciding between 500 Index and TSM?
Replies: 36
Views: 2253

Re: Does a 5 basis points difference matter when deciding between 500 Index and TSM?

I would probably prefer to be in the TSM fund, but I wonder: Do the 5 basis points matter in the long run? Or do the benefits of a TSM fund make up for the (minimal) extra fee? One thing I would do is to look at the underlying portfolio of the so-called TSM fund being offered. Does it really contai...
by BolderBoy
Wed Apr 25, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: Do you have a car w/o ABS?
Replies: 53
Views: 2342

Re: Do you have a car w/o ABS?

I grew up without ABS brake-equipped autos. Plenty of 360s on icy or oily-wet roads over the years. In 2000 I was getting a new car and wanted to see what the hubbub is about ABS brakes. Mercedes dealership gave me the keys to a new E320 and I found a long, straight stretch of solid-ice road without...
by BolderBoy
Tue Apr 24, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 5439

Re: [Vanguard account locked out due to deceased owner]

I was agent with full authority on a close relative’s account. When they passed away a couple of years ago, Vanguard locked the account and put me in touch with their Inheritance Services department. After I provided a death certificate and copy of the trust, Inheritance Services assisted me in set...
by BolderBoy
Mon Apr 23, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: estate planning with animals
Replies: 28
Views: 2385

Re: estate planning with animals

Gill wrote:
Sat Apr 21, 2018 6:57 pm
Yes, speak to the animal rescue organization. Our local cat rescue organization offers an arrangement whereby they will guarantee care of your cats for their lives in exchange for a bequest to the organization. Gill
This. Lots of the animal organizations around here will do the same.
by BolderBoy
Mon Apr 23, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: Non-profit needs a high-interest savings account... advice needed
Replies: 5
Views: 497

Re: Non-profit needs a high-interest savings account... advice needed

Anyone here have a recommendation on a bank with a savings rate of 1.25%+ that will actually take a non-profit's money? Is FDIC insurance on the account a requirement? My church has its funds invested at Vanguard 30/70 TSM/TBM. Only about 10% of the amount you are talking about, but it returns abou...
by BolderBoy
Sat Apr 21, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Lump sum vs Dollar-cost average in 2018?
Replies: 7
Views: 896

Re: Lump sum vs Dollar-cost average in 2018?

onourway wrote:
Fri Apr 20, 2018 7:18 pm
All money invested as soon as it is available, just like always.
This.
by BolderBoy
Sat Apr 21, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: What To Do With Active Funds
Replies: 7
Views: 674

Re: What To Do With Active Funds

Thanks, both, for confirming my intuition! Chip, in terms of the cap gains distribution, I thought that was only an issue if I continued to hold the funds, because if I sell them there won’t be any cap gains (from those funds) to distribute to me in the future. My thinking was I’d pay a one time ca...