Search found 3958 matches

by mhc
Fri Sep 13, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 5462

Re: Whistleblowing / Going Rogue at Work

You jumped the chain of command.

You most likely violated company security policies by discussing work from a private email address.

You come across as not knowing norms.

You are complaining about others.

You appear to be toxic.

You should be fired.
by mhc
Fri Sep 13, 2019 8:26 am
Forum: Personal Investments
Topic: Big swing in ROI, very volatile
Replies: 13
Views: 672

Re: Big swing in ROI, very volatile

The arithmetic mean can be misleading. The geometric mean is more usefull when compounding is involved.
by mhc
Thu Sep 12, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard Flagship Services -- Another One Bites the Dust
Replies: 50
Views: 7535

Re: Vanguard Flagship Services -- Another One Bites the Dust

Doesn't bother me. I have no idea why I would use them. Seems like I can find everything I need on the internet, for example, this forum. This seems to be the general trend. Companies are relying on outside sources to provide their customer support. 2 weeks ago I purchased a new car. The owner's man...
by mhc
Thu Sep 12, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: 2019 Costco HVAC services: Good deal/issues?
Replies: 20
Views: 2107

Re: 2019 Costco HVAC services: Good deal/issues?

I have never tried them for HVAC, but I have looked at their offers for rental cars, travel, and new cars. I was able to do better by not using Costco. Costco has their fingers in a lot of things, but I do not find them to be competitive in many areas. I would ask friends, family, co-workers, and ne...
by mhc
Wed Sep 11, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: “Beating” the market with i bonds
Replies: 17
Views: 1518

Re: “Beating” the market with i bonds

Ibonds are not worth my effort. They may be fine for some, but not usefull for others.
by mhc
Wed Sep 11, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 148
Views: 6205

Re: How old is your cellphone?

Galaxy S10+ March 2019. Love it. I'll probably get a new phone in a couple of years. Need a good phone to play games, watch videos, listen to music, take photos and videos, ....
by mhc
Tue Sep 10, 2019 3:19 pm
Forum: Personal Investments
Topic: Tool to manage AA when investing?
Replies: 24
Views: 1319

Re: Tool to manage AA when investing?

I know you said you wanted to avoid excel, but I also use excel. One Christmas break I sat down in front of the TV with my laptop and created a spreadsheet to manage my AA. I have been using the same spreadsheet for years now. I just manually enter my holdings, and the spreadsheet tells me what to do.
by mhc
Fri Sep 06, 2019 9:49 am
Forum: Personal Investments
Topic: Best way to sell multiple funds
Replies: 14
Views: 1189

Re: Best way to sell multiple funds

I agree with Silk. Yes, you could do it over the phone. Although, I recommend that you learn how to do it yourself through the website. It is really easy. If you have difficulty with the website, Vanguard should be able to talk you through it. The general method for going from 1 fund to another is c...
by mhc
Fri Sep 06, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: Xfinity Mobile Questions
Replies: 13
Views: 1177

Re: Xfinity Mobile Questions

I know several people that have switched from Verizon to Xfinity, and they saw no change.

You should try to find people in your area to see how the service is in your area.
by mhc
Thu Sep 05, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners insurance -- agent trying to steer me to low deductible vs high?
Replies: 26
Views: 1267

Re: Homeowners insurance -- agent trying to steer me to low deductible vs high?

Your thinking is correct for you. The agent's thinking may be correct for most costumers. You have to decide for yourself what is best. I'm in the same boat as you in that I only insure against catastrophic events (I have a very large deductible). I have the financial means to handle small stuff (<$...
by mhc
Thu Sep 05, 2019 8:52 am
Forum: Personal Investments
Topic: Making Case to Employer for Mega Backdoor Roth
Replies: 20
Views: 1074

Re: Making Case to Employer for Mega Backdoor Roth

I tried it at my megacorp and also got a no. I am remote from the headquarters, so I let it go. Plus, I am close to retirment. I would think if you could find out what your competitors and other companies in your industry do, you might be able to leverage that. I suspect some of the people I communi...
by mhc
Wed Sep 04, 2019 9:47 am
Forum: Personal Investments
Topic: Retirement reserve help
Replies: 8
Views: 839

Re: Retirement reserve help

I'm not a fan of this strategy. Take a look at:

https://www.kitces.com/blog/research-re ... ket-timer/
by mhc
Wed Sep 04, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: Very bad day
Replies: 39
Views: 5918

Re: Very bad day

People talk about "dry powder" for buying in down markets. The dry powder is uninvest money usually.

Livesoft uses RBD as a rebalance trigger. He reports that he does not hold cash. Even though I suspect he has an old penny under a cushion somewhere.
by mhc
Wed Sep 04, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Am I diversified (tax wise) enough?
Replies: 7
Views: 426

Re: Am I diversified (tax wise) enough?

There are many factors that come into play. There definitely is not a 1 size fits all. I fall into the camp that I want to defer taxes as long as possible. I plan on retiring early, so I'll have many years to do ROTH conversions. Currently, I am in a very high tax bracket.I believe I will be able to...
by mhc
Wed Sep 04, 2019 8:42 am
Forum: Personal Investments
Topic: $100k rebalancing issue
Replies: 3
Views: 696

Re: $100k rebalancing issue

You probably already know the risks. The market could tank. More information is needed. Size of portfolio, income, ... If the 100k is a large portion of your portfolio and you might really need it, not just want it, then don't include it in your long term portfolio. If 100k is 1% of your portfolio, ...
by mhc
Tue Sep 03, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider your house as part of your bond portfolio?
Replies: 52
Views: 2216

Re: Do you consider your house as part of your bond portfolio?

No.

But having a paid off house influences my AA.
by mhc
Tue Sep 03, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Does having children hurt net worth?
Replies: 47
Views: 1827

Re: Does having children hurt net worth?

"Hurt" is an odd word to use. Everything that involves spending money depletes net worth. But the point of the net worth is, presumably, to spend it. Not many people consider forgoing housing for fear of hurting their net worth. Money is a tool, not an end. What life do you want? I thought a lot of...
by mhc
Tue Sep 03, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: Does having children hurt net worth?
Replies: 47
Views: 1827

Re: Does having children hurt net worth?

Really depends. If the money you spend on kids would have gone into savings and there is no chance of recovering those expenditures on the kids, then yes. They can be expensive. I could fathom some behavioral changes that can occur when having children can help your net worth. I know having a family...
by mhc
Fri Aug 30, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

This is truly shocking.

I didn't realize people still go into banks to cash checks. Just mobile deposit the check and be done.
by mhc
Fri Aug 30, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Which Weber charcoal grill?
Replies: 16
Views: 886

Re: Which Weber charcoal grill?

I love my Weber performer with propane ignition. The table, wheels, and charcoal bin make it really nice. My Weber is just about as easy to use as my propane grill. The design of the ash can is great.
by mhc
Fri Aug 30, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: How to clean baked on "carbon" from corners of old cookie sheets
Replies: 27
Views: 2077

Re: How to clean baked on "carbon" from corners of old cookie sheets

My favorite baking sheet is probably 40 years old. It is ugly, but it works just fine. I guess I need to look at the corners. I would never even think to worry about how the corners look. If I had thick carbon in the corner, I would get the scraper out of my toolbox and remove it in seconds. If it i...
by mhc
Thu Aug 29, 2019 2:51 pm
Forum: Personal Investments
Topic: Am I saving too much cash?
Replies: 18
Views: 2468

Re: Am I saving too much cash?

OP,

you don't say what your excess cash flow is, but I suspect you are very liquid due to a high income. I would not hold that much cash.

I don't worry about too much because I have large amounts coming in every month and I can tap my taxable account if need be.
by mhc
Thu Aug 29, 2019 2:48 pm
Forum: Personal Consumer Issues
Topic: OBD Malfunction Code #B0020-13 on Honda CRV: dealer can't fix - what to do?
Replies: 26
Views: 1691

Re: OBD Malfunction Code #B0020-13 on Honda CRV: dealer can't fix - what to do?

It's not that it can't be fixed; they don't want to fix it. Warranty repairs are reimbursed by Honda Corp at a lower rate than retail customers pay. I'd ask the service adviser what the purpose of a warranty is if the car can't be repaired when it's broken. I would document everything. I would then...
by mhc
Thu Aug 29, 2019 9:13 am
Forum: Personal Investments
Topic: Am I saving too much cash?
Replies: 18
Views: 2468

Re: Am I saving too much cash?

That is a lot of cash to have. With your income it seems like you should be able to cash flow the new cars, so I don't see a need to have money set aside for the cars. If you don't need the down payment until 3-5 years from now, I would not have the money sitting around until then. I would establish...
by mhc
Thu Aug 29, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: OBD Malfunction Code #B0020-13 on Honda CRV: dealer can't fix - what to do?
Replies: 26
Views: 1691

Re: OBD Malfunction Code #B0020-13 on Honda CRV: what to do?

I would look to a Honda forum to see what they say.

You may want to correct the model year you have listed. Is it 2007, 2017, or something else?

I just got an airbag recall notice on my 2004 CRV.
by mhc
Wed Aug 28, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Donation - is stock or cash better?
Replies: 12
Views: 849

Re: Charitable Donation - is stock or cash better?

There is no tax benefit for donating shares with only short term gains. You only get to deduct the FMV. Did you mean cost basis instead of FMV? You can deduct FMV minus the short term capital gain, which I think is the same as your cost basis for that stock. Thanks. I don't doubt I have the details...
by mhc
Tue Aug 27, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: Recycling an old mattress
Replies: 29
Views: 1600

Re: Recycling an old mattress

I have been able to give away all of my used matresses. Believe it or not, a used boglehead matress is better than a lot of people have.

I can set just about anything in front of my house with a free sign, and it will disappear quickly.
by mhc
Tue Aug 27, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Donation - is stock or cash better?
Replies: 12
Views: 849

Re: Charitable Donation - is stock or cash better?

The benefit of donating stock is when it has long term cap gains. You can deduct the FMV and avoid long term cap gains. There is no tax benefit for donating shares with only short term gains. You only get to deduct the FMV. I believe that all RSUs should be sold as soon as they vest and sell all opt...
by mhc
Mon Aug 26, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Giving a Co-Worker’s Teen a “Grant” to Buy a Plug-in-Car?
Replies: 27
Views: 1445

Re: Giving a Co-Worker’s Teen a “Grant” to Buy a Plug-in-Car?

Maybe something can be done through the EV club to promote EV usage. That way it is not coming directly from you.
by mhc
Thu Aug 22, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Multi Streams of Income to Build Wealth?
Replies: 44
Views: 2557

Re: Multi Streams of Income to Build Wealth?

I have done well at megacorp as my only income stream. I enjoy my work and focus my efforts on the job. This has served me well. I do not think I would have done well pursuing other income streams. I have been with the same company for 27 years. Pursuing income streams may work for some, but I am sa...
by mhc
Wed Aug 21, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 16262

Re: White collars- How much is your work downtime?

I have long stretches of <5% and very short stretches of ~95%. The weighted average is probably <15%. Sounds like I am working way too hard as compared to others. I work on projects that span years. We need very little input from others once we receive a definition. We get our specification and then...
by mhc
Wed Aug 21, 2019 9:24 am
Forum: Investing - Theory, News & General
Topic: Why investment complexity is appealing and simplicity isn't
Replies: 65
Views: 3513

Re: Why investment complexity is appealing and simplicity isn't

I have no desire for complexity. Everything should be as simple as possible and no simpler. I'm a design engineer by trade. Unnecessary complexity is evil. It shows a real behavioral failing. I get caught up in optimization, which could be confused for complexity. The key to optimization is to be ab...
by mhc
Tue Aug 20, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pay for K-12 pre-tax?
Replies: 3
Views: 240

Re: Pay for K-12 pre-tax?

Some states will make you return the tax benefit when paying for k-12 education.
by mhc
Tue Aug 20, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Radio for seniors
Replies: 13
Views: 1015

Re: Radio for seniors

My elderly father really enjoys his Alexa devices. They are so easy to use. Recently he told me he now has 5 of them. He can also use it to call me using just voice commands. They are so easy to use.
by mhc
Tue Aug 20, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should you buy less life insurance if you qualify for Social Security Death benefits?
Replies: 8
Views: 473

Re: Should you buy less life insurance if you qualify for Social Security Death benefits?

Yes, SS death benefits should be taken into account. It can be a sizable amount of money. I do not know why anyone would choose to ignore it when determining the amount of life insurance to purchase.
by mhc
Mon Aug 19, 2019 1:48 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13096

Re: When Did You Ease Up On Saving Aggressively?

I had a dollar amount I wanted to hit by a certain age. Once I did that, we did ease up on saving. We had deferred some necessary house work and car purchases until after hitting the goal. One could argue that we also decided to save more for retirement and cash flow college for the kids. Cutting ba...
by mhc
Mon Aug 19, 2019 1:39 pm
Forum: Personal Investments
Topic: Advice regarding company call options set to expire soon...
Replies: 14
Views: 417

Re: Advice regarding company call options set to expire soon...

Welcome to the forum.

No one really knows what the stock will do in the short term.

Since the options are in the money, I would sell them immediately.

Remember there is usually a middle ground. You could sell half now and half later.
by mhc
Fri Aug 16, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: 10 Year Cost of Owning My CR-V
Replies: 41
Views: 3444

Re: 10 Year Cost of Owning My CR-V

I have had my CR-V for 16 years. It has 110,000 miles. My numbers are not as accurate as yours, but these numbers are close.

$23000 purchase price
$10000 insurance
$15000 gas
$4000 registration
$500 repairs
$5000 maintenance
$57500 total

52 cents/mile
$300/month

Ignores time value of money
by mhc
Thu Aug 15, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Realizing option value granted as part of compensation
Replies: 22
Views: 1064

Re: Realizing option value granted as part of compensation

The real trick with options is knowing when to sell them. Lot's of threads on that topic. In my industry, everything use to be options. Then, economic downturns occur, and all the options are underwater. When that happens, the company no longer has its hooks into you. Now, 50% options and 50% RSUs s...
by mhc
Thu Aug 15, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 70
Views: 4428

Re: Brown Bag Lunch Ideas

Every few weeks I load up the grill with chicken breasts. I then eat those for lunch for a few weeks. My DW throws in some fruit. Easy, cheap, healthy lunches.
by mhc
Thu Aug 15, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Realizing option value granted as part of compensation
Replies: 22
Views: 1064

Re: Realizing option value granted as part of compensation

OP, you need to understand how options are valued. About 15-20 years ago, a law was passed that companies had to start expensing options. Black-Scholes is a common method for valuing options. If I receive $10k in options, it's the Black-Scholes value that equals $10k, not the number of shares times ...
by mhc
Wed Aug 14, 2019 9:04 am
Forum: Personal Investments
Topic: DCA vs lumpsum for company RSUs
Replies: 7
Views: 556

Re: DCA vs lumpsum for company RSUs

Sell immediately. Too much risk holding a single stock. You will have to pay normal income tax on the shares as soon as they vest. Diversify your risk. VTI sounds good.
by mhc
Wed Aug 14, 2019 8:53 am
Forum: Investing - Theory, News & General
Topic: Should long-term investors ignore interim bond fund value changes when calculating asset allocations?
Replies: 10
Views: 790

Re: Should long-term investors ignore interim bond fund value changes when calculating asset allocations?

I'm not going to ignore it. For me, 8% movement in bonds is not going to trigger rebalancing any ways. So maybe it is immaterial if I ignore it or not. In the accumalation phase, I add money where it needs to go to maintain my AA to maintain my risk. I really do not know where bond fund prices will ...
by mhc
Wed Aug 14, 2019 8:49 am
Forum: Personal Investments
Topic: Still losing to inflation
Replies: 35
Views: 2862

Re: Still losing to inflation

Stop listening to all the financial noise and stop talking to brokers. This should help with the anxiety.

Set up a 3 fund portfolio that is conservative and enjoy life.
by mhc
Tue Aug 13, 2019 2:31 pm
Forum: Personal Consumer Issues
Topic: Portable gas tank
Replies: 7
Views: 577

Re: Portable gas tank

try ebay or garage sales
by mhc
Tue Aug 13, 2019 11:33 am
Forum: Personal Investments
Topic: Is there a "good" bond fund in my 401(k)?
Replies: 8
Views: 594

Re: Is there a "good" bond fund in my 401(k)?

Using a TR fund to get your bonds makes a lot of sense, especially with its low ER.
by mhc
Tue Aug 13, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Transitioning my account at Vanguard
Replies: 3
Views: 444

Re: Transitioning my account at Vanguard

The dividends from my mutual funds go directly to my checking account.

I prefer the consolidated 1099 that I now receive.
by mhc
Tue Aug 13, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: [Does Vanguard have a process for handling customer feedback?]
Replies: 24
Views: 1614

Re: [Does Vanguard have a process for handling customer feedback?]

I have no issues with Vanguard. I use both Vanguard (~15 years) and Fidelity (~25 years). I prefer Vanguard's website over Fidelity's. I have not had any real issues with either company. They both do a fine job.
by mhc
Mon Aug 12, 2019 8:52 am
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 81
Views: 9191

Re: The One-Fund Portfolio as a default suggestion

Sounds good but a lot of 401Ks don't have the Life Strategy funds. A lot don't have quality TR funds.
by mhc
Sun Aug 11, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Where to donate house plants
Replies: 15
Views: 1128

Re: Where to donate house plants

Put them on the sidewalk in front of your house with a free sign. I do this so often that I keep a free sign on a picket. I can get rid of just about anything on a Saturday morning in the summer.