Search found 3371 matches

by BolderBoy
Thu Nov 23, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k - Roth vs Less Efficient Funds?
Replies: 6
Views: 343

Re: Solo 401k - Roth vs Less Efficient Funds?

lifix wrote:
Thu Nov 23, 2017 11:04 am
I know everyone here really likes Vanguard, but they offer neither a Roth option, nor admiral shares for their Solo 401k.
Ummm, my solo401k is with Vanguard and I have both the traditional and Roth 401k options in it.
by BolderBoy
Tue Nov 21, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 17
Views: 1187

Re: Certified Financial Planner (CFP) fees

Thanks for the feedback. What about any tax implications as I start to withdraw money for my monthly retirement income? How do I decide which funds to withdraw from monthly? This is new territory for me and don’t want to mess my financial nest egg as I learn the ropes. You'll need to invest some ti...
by BolderBoy
Tue Nov 21, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: OP UPDATE:Car Accident- challenge getting funds for repairs by responsible party/insurer
Replies: 28
Views: 1431

Re: Car Accident- challenge getting funds for repairs by responsible party/insurer

Also, I don't understand why his insurance company can't identify the VIN, make and model, as I have and provided the information for these tags. Your naivete is touching. His insurance company has an interest in ignoring you until you simply go away. In 2004 I went your route of not contacting my ...
by BolderBoy
Tue Nov 21, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 17
Views: 1187

Re: Certified Financial Planner (CFP) fees

Jack FFR1846 wrote:
Tue Nov 21, 2017 10:44 am
1) set up 3 fund
2) just stand there
3) pay $400 a year for ERs
4) review in 5 years
This. Return here with any questions you have, no charge.
by BolderBoy
Mon Nov 20, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 39
Views: 3087

Re: New car buyers...you should consider financing

thax for the post I'm about to take a walk into the new car jungle for my wife and I am dreading even the thought of it. Do a search here on the forum for "new car purchase" and the like. There are some excellent "how-to" postings that make the process MUCH more sanitary than OP's experience. And K...
by BolderBoy
Mon Nov 20, 2017 10:18 am
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 39
Views: 3087

Re: New car buyers...you should consider financing

What was the point of you financing the car at 5.9%? Why didn't you just pay cash? My understanding of the OP's post is that the final price of the car was tied directly to the financing interest rate and the lowest price offered was for the 5.9% rate. After I read the OP and about the dealership's...
by BolderBoy
Sun Nov 19, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Insurance claim - what is my obligation?
Replies: 11
Views: 1005

Re: Insurance claim - what is my obligation?

They wrote: "Please be advised that we will require the damaged mattress to be transferred to [moving company name] ownership. Please contact us when your new mattress has been purchased and we will arrange a time to pick up the old mattress." Be thankful they are allowing you a [damaged] mattress ...
by BolderBoy
Sun Nov 19, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a 72(t) to avoid self-employment taxes?
Replies: 10
Views: 659

Re: Taking a 72(t) to avoid self-employment taxes?

ziggy29 wrote:
Sun Nov 19, 2017 9:13 am
So, knowing the possible downsides... does anyone see a compelling reason *not* do this which I haven't considered above? It seems like a fairly "safe" and low-risk way to essentially cut our taxes by more than $2,000 a year.
This is very clever. What does your CPA buddy think of it?
by BolderBoy
Sun Nov 19, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 52
Views: 3538

Re: Tax Returns - How Long Do you Keep?

I keep all my returns electronically in PDF in perpetuity... Likewise. I have tax returns and supporting documentation going back to 1968, all scanned into .pdf files and all backed up several times over on encrypted drives stored both on/off site. (the same with all other financial documents, chec...
by BolderBoy
Sun Nov 19, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Schwab acct. security tool
Replies: 22
Views: 1420

Re: Schwab acct. security tool

You two bring up a good point. What happens if the 2FA "module" fails. What is the fallback and how quickly is it implemented? My buddy had 2FA set up with USAA. The other night the 2FA "module" failed and locked him out of his accounts - there was no fallback, no one to call at that hour, nothing -...
by BolderBoy
Sat Nov 18, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 155
Views: 12438

Re: Is holding bonds now dangerous?

UncleLongHair wrote:
Sat Nov 18, 2017 11:17 am
Nobody knows...
I agree that the markets are hard/impossible to predict. But with interest rates at zero, there is only one way for interest rates to go.
While it is a common refrain, interest rates have at least two ways to go: horizontal being one of them.
by BolderBoy
Sat Nov 18, 2017 11:41 am
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 69
Views: 4512

Re: My dad's army jacket

djpeteski wrote:
Fri Nov 17, 2017 9:30 am
Stolen Valor https://en.wikipedia.org/wiki/Stolen_Valor_Act_of_2013 comes into play if you claim that you earned his awards.
Not so fast. The rest of the law states that such a claim has to be in order to gain a tangible benefit (eg, money).

I say if you want to wear it, wear it.
by BolderBoy
Sat Nov 18, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3450

Re: WSJ commentary about declining # of publicly traded companies

WillRetire wrote:
Sat Nov 18, 2017 11:01 am
- There are 3,671 domestic listings today, down from 7,322 in 1996
Weren't a goodly number of those 7322 companies in the late 1990s simply paper companies with zero revenues? When the dot.com bubble burst, thousands of these so-called "companies" vanished overnight.
by BolderBoy
Sat Nov 18, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 155
Views: 12438

Re: Is holding bonds now dangerous?

UncleLongHair wrote:
Sat Nov 18, 2017 7:56 am
In other words, we might be at the end of a 30-40 year bull market in bonds.
Didn't bond guru Bill Gross lose his job by making such a bet?

The key word in your statement = "might". The word "might" must include "might not".

Nobody knows...
by BolderBoy
Sat Nov 18, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy tax-exempt bonds?
Replies: 6
Views: 704

Re: To buy or not to buy tax-exempt bonds?

My wife and I are in a high federal tax bracket (35%, with perhaps a bump to the 39% bracket next year). As dutiful bogleheads, we save >50% of our income. As a result we have no tax advantaged space left for bonds in order to maintain our asset allocation of 80% stocks, 20% bonds. We plan on retir...
by BolderBoy
Sat Nov 18, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 30
Views: 2976

Re: What to do with 360k for an old man

Whatever grandpa wants and makes him happy. :D Yup...... the family taking such an active interest in Grampa's stash seems a bit self serving FWIW, although about $325K in IT Tax-Ex would pay him about $700- $725 a month in tax free income and leave about $25K - $35K which could be in a 1.25% Ally ...
by BolderBoy
Thu Nov 16, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 24
Views: 2807

Re: Chain of command

You need to look for another job. No good is going to come of this.
by BolderBoy
Wed Nov 15, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Identity Theft Credit Score
Replies: 13
Views: 1141

Re: Identity Theft Credit Score

dratkinson wrote:
Wed Nov 15, 2017 7:34 am
Former roommate should be criminally prosecuted for identity theft. Your friend should press to get it started.
Agreed. Many DAs are elected. She should use that to leverage cooperation if need be.
by BolderBoy
Tue Nov 14, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 22
Views: 1564

Re: Medicare

Also, when you finally do get to the point that you need to sign up for Medicare (e.g., end of employment or end of employer-provided coverage) you will want to make sure you stop making HSA contributions 6 months prior. Why? If you otherwise qualify for an HSA, you can contribute thru the month be...
by BolderBoy
Tue Nov 14, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: What happens if you ACH to an account that is closed?
Replies: 5
Views: 778

Re: What happens if you ACH to an account that is closed?

So long story short, I sent $1500 from institution A to institution B. Instituation B closed the receiving account the same day the transfer was initiated. It is 7 days later and institution A transfer page shows the money was “delivered”. I received a cashiers check from Institution B for the rema...
by BolderBoy
Tue Nov 14, 2017 9:31 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1777

Re: Passive investing is a 'chaotic system' that could be dangerous?

I'm fairly new to index investing with bogleheads advice. Wondering what your thoughts on this article are... https://www.cnbc.com/2017/11/14/robert-shiller-passive-investing-is-a-dangerous-chaotic-system.html "The sky is falling, the sky is falling..." The gurus will be along shortly to comment, b...
by BolderBoy
Tue Nov 14, 2017 1:03 am
Forum: Investing - Theory, News & General
Topic: Solo 401k Plan Closing
Replies: 5
Views: 621

Re: Solo 401k Plan Closing

You terminate the plan by filing a final Form 5500-EZ with the IRS, regardless if your balance has ever been >= $250K. There are serious penalties for failing to do this in a timely manner. I need to learn something here. All the 5500s I've filed so far have been with the DoL directly (website). Is...
by BolderBoy
Mon Nov 13, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 5731

Re: Losing all of your savings.

volimsmes wrote:
Mon Nov 13, 2017 11:31 am
i've lost all of my savings because of stupid investments. How should I mentaly deal with situaction like this?
Do you have a job? You'll recover.
by BolderBoy
Mon Nov 13, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 37
Views: 2648

Re: What might you ask In-laws' FA?

My basic mission will be to understand exactly how the FA is compensated. I'm not sure if he is particularly skilled at evading the question, but I'm just trying to anticipate anything including a bunch of smoke and mirrors. My bet would be that he is more skilled at evasion than you are at intervi...
by BolderBoy
Mon Nov 13, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Where to start investing?
Replies: 15
Views: 856

Re: Where to start investing?

Therefore, I have also considered shares of individual stocks. Going forward I would strike this from consideration. No matter how good you think you are at picking individual stocks, you aren't. None of us are. My father fancied himself a pro stock picker and ran an investment club for 30+ years i...
by BolderBoy
Sun Nov 12, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Debt consolidation. Do or Don't?
Replies: 7
Views: 591

Re: Debt consolidation. Do or Don't?

I'm considering debt consolidation. I have recently returned from another tour in Afghanistan. I m 36 years old and own my home. My home needs a new roof and I need to our have a more reliable family vehicle for my wife and kids. My current debt excluding the mortgage is about 20,000. What would be...
by BolderBoy
Sun Nov 12, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 22
Views: 1564

Re: Medicare

Also, when you finally do get to the point that you need to sign up for Medicare (e.g., end of employment or end of employer-provided coverage) you will want to make sure you stop making HSA contributions 6 months prior. Why? If you otherwise qualify for an HSA, you can contribute thru the month be...
by BolderBoy
Sun Nov 12, 2017 4:12 pm
Forum: Investing - Theory, News & General
Topic: useing Roth in retirement
Replies: 4
Views: 777

Re: useing Roth in retirement

I've been using my IRA weekly for retiring money. What would be the down side if I just moved 50000 a year at once to My Roth and have a monthly amount sent to me. I am also moving money monthly from my Ira to Roth now. I'm 64 and have 2.3m so Will pay big times at 70 with Ira, SS and pension. I'm ...
by BolderBoy
Sun Nov 12, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: What is the next step?
Replies: 5
Views: 409

Re: What is the next step?

I max out my 401k every year. I know having money in a savings account is losing money as time goes by, but I don't know what to do next. I'm open to suggestions. Do you have an emergency fund? Can you contribute to an IRA of some sort? Without more info about your financial picture, it is tough to...
by BolderBoy
Sun Nov 12, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendations for my investment Accounts
Replies: 10
Views: 725

Re: Recommendations for my investment Accounts

I found you and I am very excited to finally be able to share my ideas with a savvy group. We are in our late 50's and have opened 2 investments accounts at Vanguard. Now we have $60K to invest. A. Self-managed account VTIAX - Total Int'l Mkt VTSAX - Total Market VWIUX - Intermediate Term Tax Exemp...
by BolderBoy
Sun Nov 12, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Rapidly pay down student loans prior to house?
Replies: 24
Views: 1568

Re: Rapidly pay down student loans prior to house?

approximately $117,000 in student loans with an average rate of 7.2% (We will be refinancing the loans at the beginning of the new year)... Over the next 2.5 years does it make sense to completely pay off the student loans... Unless your refinance rate on the student loans is going to be rock botto...
by BolderBoy
Sat Nov 11, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Swedish Death Cleaning [De-clutter your home]
Replies: 63
Views: 6793

Re: Swedish Death Cleaning [De-clutter your home]

Essentially, you go through all your belongings and get rid of anything that isn’t essential or sentimental. This is done to avoid others having the burden of this task after you leave the planet. When my mother died, my sister and I had to unload 6 TONS of stuff into dumpsters. 3 story house + bas...
by BolderBoy
Thu Nov 09, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: VFIAX vs. VSMAX [Vanguard 500 Index vs. Small-Cap Index]
Replies: 6
Views: 561

Re: VFIAX vs. VSMAX

jessikaur wrote:
Thu Nov 09, 2017 9:39 am
vfiax - 0.05 ER
vsmax - 0.06 ER
What do those symbols stand for?
by BolderBoy
Wed Nov 08, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Difference in dividend funds
Replies: 6
Views: 400

Re: Difference in dividend funds

Mr.BB wrote:
Wed Nov 08, 2017 9:08 am
If you were going to hold one of these in your Roth acct...which one would it be?

Or is there any value in holding both?
How about neither? I go with dbr's suggestion about the Total Stock Market Index fund.
by BolderBoy
Wed Nov 08, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Taxable savings (investing) advice
Replies: 3
Views: 590

Re: Taxable savings (investing) advice

The one thing that keeps nagging my mind is reading about not having Bonds in Taxable. A lot depends upon your tax bracket, since the interest on taxable bonds is taxed at your highest marginal tax rate. An alternative is to use municipal bond funds which are essentially non-taxable at the federal ...
by BolderBoy
Wed Nov 08, 2017 12:33 am
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 4791

Re: What do you do to keep your mind sharp?

Learning a new computer language (Go). Reading the BH forum.
by BolderBoy
Wed Nov 08, 2017 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Young(er) and starting to invest. HELP!
Replies: 6
Views: 501

Re: Young(er) and starting to invest. HELP!

I'm 29, self employed and will make around 500,000 this year. I currently don't have retirement accounts set up through my business. Are you the only employee of the business? Need to set up a retirement plan and dump the max into it each year before paying off student loans. Keep your retirement i...
by BolderBoy
Sat Nov 04, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: How Best to Clean Inside of Windshield
Replies: 11
Views: 1593

Re: How Best to Clean Inside of Windshield

I asked my housekeeper what she uses on windows.

Microfiber towel and very warm (just lower than hand-burning) plain water. Then lint-free cotton towel to follow. I'll be darned, it worked.
by BolderBoy
Sat Nov 04, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: USAA membership loophole?
Replies: 11
Views: 2189

Re: USAA membership loophole?

So my father was in the Army for 20 years both as active and reserve and retired as a LtCol. He was also a member of USAA and I have his membership number. However, he passed away in 2005. I've been a member of USAA for a number of years, but I've never been able to access their insurance services ...
by BolderBoy
Sat Nov 04, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: 36k Career Starter Loan
Replies: 30
Views: 1490

Re: 36k Career Starter Loan

I am 20 y/o and my college has a special offer for students to take out a 36k loan at a 0.75% interest. Yes, 0.75%. I plan to open a Roth and max it out but not exactly sure what to do with the rest. Is there any suggestions to where to put this much money for long term gains? Thanks Borrowing mone...
by BolderBoy
Sat Nov 04, 2017 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: 36k Career Starter Loan
Replies: 30
Views: 1490

Re: 36k Career Starter Loan

I am required to 5 years of military officer service and the money will be deducted from my monthly pay automatically. To clear up confusion, I attend the US Naval Academy and the loan is offered to all midshipmen (students). We are considered active duty right now and employment is no issue; we ge...
by BolderBoy
Sat Nov 04, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed Interest Account-transfer or not?
Replies: 4
Views: 273

Re: Guaranteed Interest Account-transfer or not?

The total return of a fund includes more than just earnings. The 3% interest could be losing out on what the underlying security could be doing in the form of "total return". One has to think that AXA isn't just benevolently giving you 3% interest and otherwise losing money on holding that security ...
by BolderBoy
Sat Nov 04, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Final Decision
Replies: 5
Views: 1039

Re: FINAL DECISION

Tax Rate: xx% Federal, xx% State 17% Federal and 2% State State of Residence: Oklahoma Age: 70 Desired Asset allocation: xx% stocks / xx% bonds – 100% Stocks Better if you can post your marginal tax rates (tax bracket) rather than your "effective" tax rate. Also, at age 70 are you quite sure you wa...
by BolderBoy
Sat Nov 04, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Split 401k between pre-tax and Roth?
Replies: 22
Views: 1327

Re: Split 401k between pre-tax and Roth?

Currently we're both 56, to retire at 62. Here is a thought. How are you planning to live from age 62 until you take SS (age 70 let's say)? Big pile of accumulated after-tax cash? If so, you could plan to do Roth conversions from age 62 -> 70 every year up to the top of the 15% bracket and still co...
by BolderBoy
Sat Nov 04, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: bidets
Replies: 35
Views: 3143

Re: bidets

I recently got a bidet add on from Amazon after reading endorsements on another forum. It's pretty awesome, I have to say. Does anyone else here use one? I got a Luxe Bidet Neo 185, which has male/female nozzles but only cold water. Pretty basic. Wondering what other features other BHs recommend or...
by BolderBoy
Sat Nov 04, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: GoDaddy - Any better options for website hosting?
Replies: 69
Views: 6574

Re: GoDaddy - Any better options for website hosting?

I'm with Omnis for many years now. Never had a lick of trouble.
by BolderBoy
Sat Nov 04, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: College student... Financial mess... Need advice...
Replies: 58
Views: 5678

Re: College student... Financial mess... Need advice...

This is the kind of case that Judge Judy is made for. The show pays any judgment awarded.
by BolderBoy
Sat Nov 04, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Moving and changing health insurance company
Replies: 4
Views: 345

Re: Moving and changing health insurance company

Are there any brokers who can advise on the timing issue? Should I change policies Dec 1? Or is that just asking for bureaucratic problems? I think I'm required to notify my current insurer of the move, aren't I? I was just looking at the Kaiser website yesterday for a friend who is changing insura...
by BolderBoy
Sat Nov 04, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: HMO vs HDP w HSA
Replies: 15
Views: 1341

Re: HMO vs HDP w HSA

I had a question about health insurance...HMO vs HDHP. My wife and I currently have a HMO through work, but I have always been interested in an HSA... HMOs and HSAs are not necessarily mutually exclusive. Are you sure that the HMO to which your workplace subscribes does not also offer an HSA option...
by BolderBoy
Fri Nov 03, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Help me understand the Used Car Dealership perspective
Replies: 29
Views: 3372

Re: Help me understand the Used Car Dealership perspective

Try going in with your checkbook and tell them you will buy the car "today" at your price and if you cannot get that price, you will walk out and take your checkbook with you. That is harder for them to turn down than less formal offer. I did this once in 1988. The first dealership took 60 seconds ...