Search found 188 matches

by jumppilot
Mon Aug 12, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 68
Views: 6022

Re: Recommendations for home paper shredder

About a year ago I purchased this: https://www.amazon.com/gp/product/B00Q3KG1L8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 I am very happy with it. It's a bit more elaborate than the typical home shredder but it has worked out very well for me. I've used all of it's functions including shredding CD...
by jumppilot
Tue Aug 06, 2019 12:48 pm
Forum: Personal Investments
Topic: Father investing with Edward Jones
Replies: 43
Views: 4210

Re: Father investing with Edward Jones

I’ve realized Edward Jones fills an important role. Some people are just not interested, or smart enough, to manage their money. I have a family member who invests with Edward Jones and no matter how much I talk about lower cost options or the insidiousness of the AUM fee, they just don’t get it, or...
by jumppilot
Wed Jun 12, 2019 7:53 pm
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 4350

Re: 50 or 75 gallon water heater?

Why not two 40-gal water heaters? :) Or two 30-gal water heaters? In our area, an installed water heater was about $600 the last 2 times I had ours replaced. I had to pay extra because the installers had to carry them up 2 flights of stairs and bring the old one's down. I have two 40 gallons in ser...
by jumppilot
Fri May 17, 2019 9:15 am
Forum: Investing - Theory, News & General
Topic: Does stock allocation truly matter?
Replies: 61
Views: 5612

Re: Does stock allocation truly matter?

Does stock allocation truly matter? BWildt: Yes, stock allocation truly matters and it "matters" a lot. "Asset allocation is critically important; but cost is critically important, too -- All other factors pale into insignificance." Jack Bogle Best wishes. Taylor Sorry he is wrong. Saving is more i...
by jumppilot
Tue Apr 30, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Alka Seltzer Tablets but without medication?
Replies: 12
Views: 1437

Re: Alka Seltzer Tablets but without medication?

I like drinking seltzer water but I don't like making my own using a Sodastream (never get the right amount of carbonation). I could buy a lot of seltzer bottles from the store, but I feel guilty throwing away so many bottles into trash every week (recycling, but still). I'm curious if there are an...
by jumppilot
Tue Apr 30, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10116

Re: WSJ--How Schwab Ate Wall Street

If a client responds super-conservatively on their questionnaire, the right response is a larger allcoation to bonds, not cash. The allocation to cash is really for Schwab. Since you are not using Schwab's advisory services, you're fine. My point is that their advisory services has a huge conflict ...
by jumppilot
Tue Apr 30, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10116

Re: WSJ--How Schwab Ate Wall Street

If a client responds super-conservatively on their questionnaire, the right response is a larger allcoation to bonds, not cash. The allocation to cash is really for Schwab. Since you are not using Schwab's advisory services, you're fine. My point is that their advisory services has a huge conflict ...
by jumppilot
Tue Apr 30, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10116

Re: WSJ--How Schwab Ate Wall Street

If a client responds super-conservatively on their questionnaire, the right response is a larger allcoation to bonds, not cash. The allocation to cash is really for Schwab. Since you are not using Schwab's advisory services, you're fine. My point is that their advisory services has a huge conflict ...
by jumppilot
Tue Apr 30, 2019 3:43 am
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10116

Re: WSJ--How Schwab Ate Wall Street

One thing that hit me from the article: "Schwab's bank made more than half of the company's overall revenue of $10.13 billion in 2018, up from 29% of revenue in 2009." And Vanguard discontinues it's banking options. No kidding. If Vanguard could somehow relaunch "VanguardAdvantage" as a cash manage...
by jumppilot
Sat Apr 27, 2019 1:23 am
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4063

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

OP, I have bonds in taxable, and not all of them are municipal bonds. I have a mix of munis, short term and long term treasuries and corporate bonds. I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k mon...
by jumppilot
Sat Apr 27, 2019 1:20 am
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4063

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k money before 59.5. Of course it ignores the fact you can't access your 401k money without penalty before 59.5 because you don't have to access that money...
by jumppilot
Fri Apr 26, 2019 9:21 pm
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4063

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k money before 59.5. Of course it ignores the fact you can't access your 401k money without penalty before 59.5 because you don't have to access that money...
by jumppilot
Fri Apr 26, 2019 6:53 pm
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4063

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

OP, I have bonds in taxable, and not all of them are municipal bonds. I have a mix of munis, short term and long term treasuries and corporate bonds. I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k mone...
by jumppilot
Fri Mar 29, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7382

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Count me as a fan of the TCJA. I paid $8,000 less this year with slightly higher income.

I have to cut the IRS a check for $1500 this year, and according to Twitter that means the new tax laws aren’t in my favor.
by jumppilot
Sun Jan 13, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3799

Re: Company relocating and not interested - next steps ?

Move but don't move. I would strongly consider this advice. Even if you only make it 6 months, that is 6 more months of salary, and 6 less months of health insurance uncertainty. My neighbor is in the military and recently was forced to take a one year assignment overseas where he could not take hi...
by jumppilot
Thu Jan 03, 2019 4:34 am
Forum: Personal Consumer Issues
Topic: HE Washer/Dryers - What do you have..are you pleased?
Replies: 33
Views: 2522

Re: HE Washer/Dryers - What do you have..are you pleased?

I have the Whirlpool Duets and love them. Front loading HEs. As I recall, but don't remember the specifics, a bunch of these names are really the same company--Kenmore, Maytag, Whirlpool, etc. Again I don't remember the specifics. SpeedQueen is revered for the old-type of top loaders that are real ...
by jumppilot
Thu Jan 03, 2019 2:50 am
Forum: Personal Finance (Not Investing)
Topic: Loan to son for college with no interest
Replies: 39
Views: 3838

Re: Loan to son for college with no interest

You are not wrong and this is not illegal. Your parents gifted you your college expenses, car, etc... with no strings attached. The fact that you feel gratitude and give them money from time to time is not quid pro quo. That is totally different than "Jim's" situation Jim is gifting 1/2 of the coll...
by jumppilot
Thu Jan 03, 2019 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Loan to son for college with no interest
Replies: 39
Views: 3838

Re: Loan to son for college with no interest

I pay about $18,000 per year for my 7th grade son to attend private school. Are you saying that I need to file this as a gift? What if grandma writes the check to the school instead of me? I and others already pointed out that there is an unlimited gift tax exclusion for tuition directly paid to th...
by jumppilot
Thu Jan 03, 2019 12:20 am
Forum: Personal Consumer Issues
Topic: HE Washer/Dryers - What do you have..are you pleased?
Replies: 33
Views: 2522

Re: HE Washer/Dryers - What do you have..are you pleased?

We have a High Efficieny top loader.

I will never buy another one agains.

It uses too little water and doesn’t have an agitator to effectively wash the clothes.
by jumppilot
Thu Dec 20, 2018 9:44 pm
Forum: Personal Investments
Topic: Stick with Fidelity or open Vanguard account?
Replies: 34
Views: 1841

Re: Stick with Fidelity or open Vanguard account?

Vanguard vote here. Is there a distinct advantage having a separate Vanguard account? Vanguard has no expensive products to sell, and no employees on commission. Fidelity has products you probably do not want and they may try to sell them to you or whoever eventually will manage your money. I’ve he...
by jumppilot
Thu Dec 13, 2018 1:18 am
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5783

Re: Volkswagen Reliability

A 2005 Jetta I used to drive had the transmission fail at 40,000 miles. Junked it for a Honda.

I will never purchase a VW in the future.
by jumppilot
Sat Nov 17, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: Toyota Dealer Lost My New Car's Key
Replies: 14
Views: 2647

Re: Toyota Dealer Lost My New Car's Key

Toyota can use their in house OEM TechStream maintenance application to programmatically remove the lost key from the car's internal key registry and then add the new replacement key. Ask them to do so and to show you a printout confirming the lost key has been programmatically removed from the car...
by jumppilot
Thu Nov 01, 2018 3:03 am
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 141
Views: 14396

Re: Core-4 Investing is LIVE! It really is this time!

I can see that I am in the minority here, and I expect some blowback for saying this, but isn't this just a way to make simplicity more complex? If someone truly valued simplicity, wouldn't they just stick with a typical three or four fund portfolio? Six 4-fund portfolios for a total of "24 portfol...
by jumppilot
Sat Sep 22, 2018 3:13 am
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3654

Re: Fidelity zero ER funds closed?

I'm skeptical that we know all we should about the Zero ER funds. Unless Fido is content to have a product with zero income and some level of expense, an extremely doubtful scenario, then they are making money somewhere that is not apparent. Why is that a problem? Vanguard funds often beat their in...
by jumppilot
Wed Aug 29, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4431

Re: Bone in my food

I think this highlights our complete disconnect as a society as to the actual sources of the food we're consuming. I went deer hunting and posted pictures of my kill on Facebook. I had a few friends give me a hard time for killing an innocent animal, yet they have no problem going to the grocery st...
by jumppilot
Thu Aug 23, 2018 1:42 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5788

Re: Test your cognitive biases

Here’s an interesting video along the same lines of this test:

https://m.youtube.com/watch?v=R13BD8qKeTg
by jumppilot
Wed Aug 15, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: Chevy Volt for Commute
Replies: 24
Views: 2634

Re: Chevy Volt for Commute

arsenalfan wrote:
Wed Aug 15, 2018 3:44 pm
Look at Bolt also. Plug in every 4-5 days vs every night with the volt.

As you prob already know the max GM fed credit likely phases out in next 2 quarters as they’re close to the 200k electric car limit.
I bet the price of the car drops when that happens!
by jumppilot
Wed Aug 15, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Chevy Volt for Commute
Replies: 24
Views: 2634

Re: Chevy Volt for Commute

I think the preferred car is the Prius (Toyota reliability/quality, hybrid rather than plug in) among the majority of Bogleheads. Thank you, I will see what Prius models are allowed on the carpool lane, likely the Prime only. Apples and oranges. The Volt should be fun to drive; Prius is a chore. :D...
by jumppilot
Tue Aug 14, 2018 5:18 pm
Forum: Personal Investments
Topic: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]
Replies: 12
Views: 1724

Re: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]

vineviz wrote:
Tue Aug 14, 2018 5:09 pm
jumppilot wrote:
Tue Aug 14, 2018 4:50 pm
"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves."

-Peter Lynch
Nice quote.

I'm making this my signature.
:thumbsup
by jumppilot
Tue Aug 14, 2018 5:03 pm
Forum: Personal Investments
Topic: 401K vs PCRA - expense and return question
Replies: 2
Views: 223

Re: 401K vs PCRA - expense and return question

I have access to a PCRA and I used it for a few years. In order to use the PCRA I would have to manually trade into ETFs, as my contributions would just be deposited into the PCRA cash account. My suggestion, and what I currently do, is to use the index funds available to you for your core options, ...
by jumppilot
Tue Aug 14, 2018 4:50 pm
Forum: Personal Investments
Topic: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]
Replies: 12
Views: 1724

Re: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]

"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves."

-Peter Lynch
by jumppilot
Sat Aug 04, 2018 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 13221

Re: Is solar power for your home a worthwhile investment?

Out of curiosity, I've looked into buying a solar photovoltaic system for our home, where we intend to stay for a lengthy period of time (minimum 15 years). When I recently looked into this, the estimated savings over a 20 year period were negative $6,000 (i.e. we would lose about $24 per month). T...
by jumppilot
Thu Aug 02, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 185
Views: 12959

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

Bottom line: I think this sort of thing may make sense if you are traveling to a developing country. If you are traveling to Western Europe or Japan/Korea/Singapore, it is likely unnecessary. I had a friend break his hip in Japan. The Japanese stabalized him but didn't do any of the elective surger...
by jumppilot
Tue Jul 31, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 185
Views: 12959

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

I purchased a yearly membership to Medjet Assist. Based on online reviews, many types of insurance you purchase have Swiss cheese contracts with exclusions, type of evacuation provided and hospital choice. Medjet avoids all these issues - if you are admitted to the hospital, they will evacuate you t...
by jumppilot
Thu Jul 19, 2018 4:20 am
Forum: Personal Consumer Issues
Topic: Possible Knob & Tube in an older home.
Replies: 29
Views: 3054

Re: Possible Knob & Tube in an older home.

Hello! My husband and I have put an offer in on a house that was built in 1855. Upon inspection we were told it's "possible" the house may have some knob and tube wiring left in it, though the inspector could not point to any. It was clear the sellers had some electrical work done when the installe...
by jumppilot
Wed Jul 11, 2018 6:40 am
Forum: Personal Investments
Topic: 401(k) Asset Allocation for 23 Year Old
Replies: 10
Views: 836

Re: 401(k) Asset Allocation for 23 Year Old

I vote 100% equities.

At her age, her future earnings are her “bond” portion.
by jumppilot
Mon Jul 09, 2018 12:08 am
Forum: Investing - Theory, News & General
Topic: Article: Rich kids are counting on inheritance to pay for retirement
Replies: 31
Views: 4918

Re: Article: Rich kids are counting on inheritance to pay for retirement

I'm not sure I care what 18-22 year old high school and college kids think. How did they break away from the beer pong long enough to do the survey? Lets check again when they grow up. +1 Reading the story I thought back to when I was 20. I remember thinking my parents had so much money but as you ...
by jumppilot
Sun Jul 08, 2018 7:47 am
Forum: Personal Investments
Topic: Socially Responsible Funds (I want to be socially irresponsible)
Replies: 34
Views: 2424

Re: Socially Responsible Funds (I want to be socially irresponsible)

On general principles, every tool does one thing best. Another saying is "no slave can serve two masters". My view of an investment: it can either do a good job achieving my financial goal or a social responsibility goal, but not both. So for me, if I wanted to feel better about myself, I would go ...
by jumppilot
Sat Jul 07, 2018 6:51 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 23390

Re: Replace car battery after X years or wait till it dies?

As a European, one thing that strikes me about Americans is their obsession with very frequent oil changes and religiously changing car batteries every 3-5 years. Do battteries have a different failure rate in Europe? My car wouldn’t start the other day due to a failed battery (5 years old) - I imm...
by jumppilot
Sat Jun 09, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill edge closing expat accounts
Replies: 13
Views: 2153

Re: Merrill edge closing expat accounts

Good luck with that. Almost if not all US brokers will shut you down as you are not allowed to buy/trade from outside the US. That’s news to me. I’ve lived overseas for 3 years, and Schwab even has my address. I did open my account before I moved, however. http://international.schwab.com/public/int...
by jumppilot
Mon May 28, 2018 11:34 pm
Forum: Investing - Theory, News & General
Topic: Can anyone recommend Any Social Responsible fund/s?
Replies: 17
Views: 1798

Re: Can anyone recommend Any Social Responsible fund/s?

I am curious if VG has ever considered starting one, forgetting all the arguments about how investing isn't the place for making policy changes. With all my other purchases and life choices I attempt to find spend ethically, I might like to do it with my equity and bond index funds as well, if ther...
by jumppilot
Mon May 28, 2018 4:46 pm
Forum: Personal Investments
Topic: Two fund portfolio- no bonds??
Replies: 22
Views: 2853

Re: Two fund portfolio- no bonds??

OP,

For my retirement account I consider my future earnings potential my bond portion.

Mid-30s myself, I am 100% stocks.
by jumppilot
Sun May 27, 2018 4:28 am
Forum: Investing - Theory, News & General
Topic: Books on stock market cycles/crashes and derivatives markets
Replies: 7
Views: 764

Re: Books on stock market cycles/crashes and derivatives markets

Might be related: This Time Is Different: Eight Centuries of Financial Folly From Amazon: Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this ...
by jumppilot
Wed May 23, 2018 3:43 am
Forum: Personal Investments
Topic: Checked under the hood of index funds and investment firms
Replies: 8
Views: 1839

Re: Checked under the hood of index funds and investment firms

But, it kills me every time an agent from my “other brokerage firm” experience ends the phone call with “Thank you for your business.” Doesn’t sound right to me. But, that’s just my opinion. Don’t be fooled. Even though Vanguard is “customer owned” or whatever they call it doesn’t mean your busines...
by jumppilot
Mon May 21, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: Do bonds make sense if you are more than 10 years from retirement?
Replies: 11
Views: 1541

Re: Do bonds make sense if you are more than 10 years from retirement?

I went 100% stocks last year after I saw bonds do nothing for me. I’m in my late 30s and plan to be 100% stocks for awhile. When I get closer to the finish line, I plan to utilize a bucket approach and keep 10 years of expenses (bare minimum plus discretionary spending) in bonds. That’ll work out to...
by jumppilot
Sat May 19, 2018 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Looking for a custom retirement savings calculator for Airline pilot Direct contribution
Replies: 14
Views: 1688

Re: Looking for a custom retirement savings calculator for Airline pilot Direct contribution

I work for a major airline. Pensions are a thing of the past, but our retirement plans now include a direct contribution from the company independant of a match to our 401k plans. Unfortunately all the calculators i find are based on matching contributions. At my income level, the company's contrib...
by jumppilot
Fri May 18, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Dash camera
Replies: 21
Views: 3542

Re: Dash camera

I'd suggest staying away from cameras that have GPS in them. In the event of an accident, you don't want the police/other insurance company to know you were going 7 MPH over the speed limit even if the accident wasn't your fault.
by jumppilot
Thu May 17, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property as a supplemental income strategy in retirement?
Replies: 7
Views: 1128

Re: Rental Property as a supplemental income strategy in retirement?

Anyone think RE is a good diversification strategy beyond a simple BH passive strategy? Of course there are plenty of people who will agree with that statement and I'm sure they will be along shortly. To me, your situation is a good example of some of the negatives of real estate beyond the obvious...
by jumppilot
Wed May 16, 2018 11:49 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 125
Views: 17182

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

You may wish to roll sooner / contribute in high % and convert quickly. Any gains inside the after-tax bucket typically end up on the 401k side. Your intent is correct, but it is important to be precise when talking about employee after-tax contributions. After-tax contributions and pre-tax earning...
by jumppilot
Wed May 16, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: somebody is using our address
Replies: 45
Views: 5819

Re: somebody is using our address

I might consider having my mail held for a few days off and on for a while so that I could pick it up at the post office. I could do the notification right then and there with little risk that the bum could receive "his" stuff. That's what I would do. I would have the post office hold my mail for a...