Search found 3728 matches

by mhc
Tue Oct 16, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a second (totally separate) Ally account
Replies: 1
Views: 316

Re: Opening a second (totally separate) Ally account

I called Ally this weekend. They have 24/7 support. It was quick and painless. The person was very nice and helpful.

I would call Ally.

They also have online chat support.
by mhc
Tue Oct 16, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 12
Views: 587

Re: How much of a dip do you want before you TLH?

I usually will not TLH unless it is more than $3-5K in a single fund. Having extra funds adds so little complexity, that I do not worry about it. I have a few in my account. I think since I switched to the brokerage account at Vanguard, I'll get a consolidated 1099, so I'm expecting the number of fu...
by mhc
Mon Oct 15, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 47
Views: 4237

Re: Kids not interested in money / allowance

As a kid, I always had to use my own money to buy presents for others. I also had to use my own money to go to the movies and buy popcorn and such. I was expected to pay for my own stuff outside the basic needs of life. This motivated me to earn and save, in other words, to handle money wisely.
by mhc
Mon Oct 15, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: HDMI Splitter or Switch?
Replies: 24
Views: 1309

Re: HDMI Splitter or Switch?

I would get a powered switch.

A new tv in that size is under $300. It would have all the new features and use less power.
by mhc
Mon Oct 15, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance coverage and cost
Replies: 4
Views: 346

Re: Umbrella insurance coverage and cost

lots of threads on umbrella inurance. try the search if you haven't already.

$250/yr for $2 million

Umbrella insurance is to protect assets and future income.
by mhc
Mon Oct 15, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 73
Views: 3466

Re: How Much Is Your Sewer Bill?

My water, sewer, and storm water are serviced and billed by 3 different entities.

Sewer: $40/mo flat rate

I live in an average COL area.
by mhc
Fri Oct 12, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much assets to self insure (Life) ?
Replies: 14
Views: 615

Re: How much assets to self insure (Life) ?

Once you factor in SS survivor benefits, it doesn't look like you need life insurance.

Make sure you work through the math if one spouse dies. Will the other spouse still work full time? Does it impact expenses and savings rates?
by mhc
Fri Oct 12, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Key West Hotels
Replies: 27
Views: 1767

Re: Key West Hotels

Stayed at the Coconut Resort last year before the hurricane. 2 bedrooms, 2 bathrooms, kitchen, and living room. Really enjoyed it. We would gladly stay there again.
by mhc
Thu Oct 11, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7470

Re: What did you buy today

Nothing, but I'm sure my DW will buy something at the store. I work, she spends.
by mhc
Wed Oct 10, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2078

Re: Transition to Vanguard's new investment platform???

I upgraded my joint taxable account back in January. Piece of cake. I did my and my DW's IRA and Roth this weekend. It was easy. I then had to redo the permissions so I can manage my DW's accounts and she can view my accounts. I did all this in less than 30 minutes while watching football in my rec...
by mhc
Tue Oct 09, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3809

Re: Neighbors tree branch growing too close to my house

Nicely tell your neighbor what you are going to do, and have the limb removed. For $80 I assume the branch is not too large.

If someone doesn't know how to cut a tree branch, I'm sure there is a youtube video.
by mhc
Tue Oct 09, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2078

Re: Transition to Vanguard's new investment platform???

I upgraded my joint taxable account back in January. Piece of cake. I did my and my DW's IRA and Roth this weekend. It was easy. I then had to redo the permissions so I can manage my DW's accounts and she can view my accounts. I did all this in less than 30 minutes while watching football in my recl...
by mhc
Tue Oct 09, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: How to get over paper loss?
Replies: 43
Views: 3825

Re: How to get over paper loss?

One way to help get over paper losses is to learn how to Tax Loss Harverst. This can help turn a paper loss into a real benefit. Expected returns is directly related to risk. Risk means that sometimes things go down. That is the nature of the beast. The hope is that over the long haul there will be ...
by mhc
Fri Oct 05, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7624

Re: Evaluate net worth - FIRE really that close?

how do you get your annual spend down to $90k if you have to start paying for medical insurance?

I wouldn't count the restricted stock until you have the money in hand.

How do you get to $3 million?

I'm not seeing it.
by mhc
Fri Oct 05, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2078

Re: Transition to Vanguard's new investment platform???

I received an email today saying I need to switch because Vanguard will be retiring the old platform. Sounds like it is either a requirement or will become a requirement some day. I switched my taxable account at the beginning of 2018. It was painless. I guess I need to switch the IRAs and Roth IRAs.
by mhc
Fri Oct 05, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Fall Foliage
Replies: 29
Views: 2275

Re: Fall Foliage

The aspen in the mountain west (e.g., Colorado) are pretty nice. If you time things correctly, you can also enjoy the elk rutting season. Estes Park is great for the rut. There are many drives not too far from there to see the fall colors.
by mhc
Fri Oct 05, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Simple, free way to send photos to people?
Replies: 15
Views: 991

Re: Simple, free way to send photos to people?

Google Photos and/or Google Hangouts. I use both. If you are an Amzon Prime member you can upload them to Amazon. From the Amazon Photo app you can share the photos many different ways. It has similar capabilities to Google Photo. I like that Amazon has a feature that shows me the photos for that da...
by mhc
Sat Sep 29, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: New and in Need of Advice: Perpetual Account
Replies: 12
Views: 694

Re: New and in Need of Advice: Perpetual Account

Have you looked into Donor Advised Funds?
by mhc
Fri Sep 28, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: NQ Stock Option Compensation not subject to NIIT
Replies: 1
Views: 142

Re: NQ Stock Option Compensation not subject to NIIT

Your understanding is correct.

Of course after the exercise, disposing of the shares is investment income. If you sell immediately, it should be a very small short term gain/loss.
by mhc
Thu Sep 27, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1362

Re: Am I the only one...

ponyboy,

there a lot of people who do it like you, I am one. Separate buckets help some people manage their money better. If it works for them, great. If someone can manage it from one bucket, great. You're not missing anything.
by mhc
Thu Sep 27, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Rebalancing theory
Replies: 15
Views: 1434

Re: Rebalancing theory

The wiki has an article on this. I would rebalance if it gets to 50-10. I would also be doing things along the way to prevent it from ever getting to 50-10.

https://www.bogleheads.org/wiki/Rebalancing
by mhc
Tue Sep 25, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: How to buy a mattress
Replies: 46
Views: 3357

Re: How to buy a mattress

I bought a new matress last year. I got it from Amazon. I read the reviews and found one that sounded reasonable. In a few days it showed up in a box on my front porch. DW and I like it. I don't have time to go to a store and lie around on different mattresses and then over pay.
by mhc
Tue Sep 25, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: I need help with the next step to a three fund portfolio
Replies: 5
Views: 838

Re: I need help with the next step to a three fund portfolio

Seems like you have to have munis in your taxable account. I'm not in that boat, so I don't have specific fund recommendations. If the 9-box is too much, then break down the equity funds into domestic and international. You can then additionally break them down to small and large-cap (I split mid-ca...
by mhc
Tue Sep 25, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: What do folks use for long-term forecasting of their personal finances?
Replies: 24
Views: 2516

Re: What do folks use for long-term forecasting of their personal finances?

I usually do it in my head relying heavily on the rule of 72 and doing piecewise analysis. I believe this is accurate enough for forecasting the next 50 years. There is so much uncertainty, I do not believe it is worth putting too much effort into forecasting out decades. I also like firecalc. It ca...
by mhc
Tue Sep 25, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: I need help with the next step to a three fund portfolio
Replies: 5
Views: 838

Re: I need help with the next step to a three fund portfolio

If the funds you currently have are low cost, efficient funds, do not feel compelled to get rid of them if there will be a large tax hit. Many people find themselves in this situation, and they still pull off a "3 fund" portfolio. I'm in a similar situation as you due to mutual funds I purchased bef...
by mhc
Mon Sep 24, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5714

Re: Ripped off by a locksmith

If you agreed to pay it (you signed), then what is there to dispute?
by mhc
Mon Sep 24, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5129

Re: Vacation without saving adequately?

Take the trip if you can cut spending elsewhere to come up with the money to pay for the trip. Maybe you can make the trip cheaper by staying somewhere cheaper or getting your food at a grocery store.
by mhc
Mon Sep 24, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: What to do with a windfall
Replies: 10
Views: 1510

Re: What to do with a windfall

Invest. Your retirement funds are large enough to handle emergencies beyond 2 months. If you are going to move in a few years, then I wouldn't pay down the mortgage. I definitely wouldn't start a 529. I think 529s are good for some people but not all. I have fallen into the camp that one should lock...
by mhc
Thu Sep 20, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)
Replies: 36
Views: 2547

Re: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)

Verizon has had really good deals on cell phones. I have purchased new phones 2 of the last 3 years.
by mhc
Thu Sep 20, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Help with HSA fund selection
Replies: 7
Views: 559

Re: Help with HSA fund selection

I only keep one fund in my HSA. There is no need to match your overall AA in every account. If you are using the HSA like an IRA, then one fund should be sufficient. VIIIX would be a good choice. VTPSX would also be good.
by mhc
Tue Sep 18, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance...Social Security also pays?
Replies: 25
Views: 1517

Re: Life Insurance...Social Security also pays?

This is a very important part of Social Security and should be considered.

I have decided that between SS and my nest egg, I don't need life insurance. Maybe my DW would be better off without me. LOL
by mhc
Tue Sep 18, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 8
Views: 628

Re: Coverdell ESA Asset Allocation

I would use the total bond index. The purpose of bonds is to reduce the risk of the portfolio. Short term bonds are lower risk than the total bond. If you use short term, in theory, you could lower the bond allocation. A rule of thumb is the duration of the bond should be no longer than the time bef...
by mhc
Mon Sep 17, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Does cash at Ally count in my asset allocation?
Replies: 22
Views: 1960

Re: Does cash at Ally count in my asset allocation?

I count my cash because when I retire it will be part of my retirement portfolio.

My current AA is 75/24/1 (equity/bond/cash).

I include it because I want to control how much cash I have. If it gets much above 1%, then I need to invest the surpluss.
by mhc
Mon Sep 17, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Travel- overwater bungalows
Replies: 16
Views: 2395

Re: Travel- overwater bungalows

We stayed in one in Huahine-Nui French Polynesia for our honeymoon. It was a very small hotel and secluded. You could only get to the hotel by boat. We went in Feb. of 2003, and there were probably fewer than 10 guests at the hotel. We loved it. It was a tremendous experience.
by mhc
Fri Sep 14, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: New Light bulbs
Replies: 19
Views: 1814

Re: New Light bulbs

My favorites are GE Reveal 100W and 75W.
by mhc
Fri Sep 14, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Shares - ETFs vs. Conventional Mutual Funds
Replies: 14
Views: 782

Re: Gifting Shares - ETFs vs. Conventional Mutual Funds

I gift mutual fund shares to my DAF every year. I do not see how it could be any easier. I assum MF, ETF, and stock shares coming from a brokerage account would all have equal ease.
by mhc
Thu Sep 13, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11445

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

I decided to stop in my mid-thirties. The next level required much more travel, job risk, and stress for about a 10-15% bump in pay. 15 years later, I'm still working and enjoying my job. All my friends who moved to the next level ended up losing there jobs. I have been able to maintain a nice balan...
by mhc
Thu Sep 13, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 41
Views: 3333

Re: Pension alternatives

Owning only 5 rentals does not provide very much diversification, especially if they are in one market. This comes with uncompensated risk. I have been a landlord before. I prefer mutual funds. Much easier to manage. They don't call me at 10:00 PM on a Friday night about a plumbing issue. There are ...
by mhc
Wed Sep 12, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Quick Qs: Does your DAF sync with personal capital?
Replies: 10
Views: 663

Re: Quick Qs: Does your DAF sync with personal capital?

The funds in the DAF are not yours so they have no relationship to the management of your personal funds or rebalancing. As the director of the DAF, you direct the the management as you think best for the DAF. I am finding the question of risk taking in the DAF vs my personal funds to present some ...
by mhc
Tue Sep 11, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 60
Views: 4001

Re: How often do you guys get alignment done on your cars?

Every time I have my carburetor cleaned.
by mhc
Tue Sep 11, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Qs: Does your DAF sync with personal capital?
Replies: 10
Views: 663

Re: Quick Qs: Does your DAF sync with personal capital?

I use Vanguard and Vanguard Charitable. I have linked VC as an outside account so I can see it when I log into V. I don't use personal capital, but it seems like you should be able to link a DAF. I know people on here who say donating from a V taxable account to Fidelity Charitable is easy. I have n...
by mhc
Fri Sep 07, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: How important is "completion" of an index?
Replies: 8
Views: 644

Re: How important is "completion" of an index?

It probably has very little impact if you do not "complete" the fund.

Since it is in an IRA, you could exchange it for VTIAX. That way you would be "complete".
by mhc
Fri Sep 07, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard adding commission free index funds, better core replacements?
Replies: 8
Views: 1247

Re: Vanguard adding commission free index funds, better core replacements?

I currently do not have any ETFs, and the funds in my taxable account have too much unrealized gains to switch them.

If I was going to consider switching, I would look at ER, tax efficiency, and typical bid/ask spreads. I would not only look at ER. There are probably other things to consider also.
by mhc
Thu Aug 30, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 65
Views: 5402

Re: Colorado Summer Vacation - what to see and where to stay

Ok here's another question: which would you choose for a day trip, Mt Evans or Trail Ridge Road? Trailridge I live near RMNP. Trailridge is a lot better than Mt Evans. I would not rush it and try to do both. If you are coming from the Estes side, drive up Old Fall River Road (1 way dirt road) and c...
by mhc
Wed Aug 29, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?
Replies: 10
Views: 1755

Re: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?

Looks like you have a good grasp of how to build a portfolio. The ZERO funds at Fidelity are new, so it's hard to say how they will be over the long haul, but it seems quite reasonable to go with them. Good job. I probably wouln't put 0.85% bonds in my Roth. I would just be a little light on bonds. ...
by mhc
Tue Aug 28, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: Installing a new toilet - shut off valve and wax ring
Replies: 33
Views: 2274

Re: Installing a new toilet - shut off valve and wax ring

I hate multi-turn valves. I would replace it. I wanted to replace my kitchen faucet. I set time aside to do the work. Low and behold, the hot water multi-turn valve no longer worked. I had to shut off the water to the entire house and make an extra trip to the store. Needless to say, I did not get t...
by mhc
Mon Aug 27, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Little love for Small and Mid Cap ETFs in a "minimalist" portfolio?
Replies: 18
Views: 940

Re: Little love for Small and Mid Cap ETFs in a "minimalist" portfolio?

The mantra I hear is TSM and not S&P 500.

There is a lot of talk around here about tilting small and/or small value.
by mhc
Mon Aug 27, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2409

Re: Your Best Mood Boosting Books (not self-help)

I always felt better after reading Dr Seuss books to my children, especially Fox in Socks. I find the rhythm and humor very soothing.

I also find Psalms very comforting and uplifting.
by mhc
Fri Aug 24, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: The first million is the hardest?
Replies: 46
Views: 9145

Re: The first million is the hardest?

I really notice things during an extended bull market.
by mhc
Thu Aug 23, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Selling individual stock
Replies: 4
Views: 399

Re: Selling individual stock

You could also look into donating the shares and avoid LTCG.