Search found 331 matches

by Finridge
Sat Apr 21, 2018 12:10 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 200
Views: 22664

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Honda better do something..I have crossed the CR-v off my list. It's off my list too. Have a couple of relatives who are looking and I've told them about the issue and neither is considering the CRV anymore. I'll probably be looking too in about a year, so hopefully they've resolve the issue by the...
by Finridge
Wed Apr 18, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10847

Re: Quitting job - what to do if getting walked to the door

Remember that COBRA gives you a kind of grace period. Subject to the deadline, you can elect to be covered retroactively. I have used this to "cover" the gap between employers. I had a completed COBRA application that I gave to someone I trusted with instructions to make sure that it got sent in if ...
by Finridge
Thu Apr 12, 2018 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis/Tax ?s for inherited mutual funds
Replies: 15
Views: 657

Re: Cost Basis/Tax ?s for inherited mutual funds

Was the Inherited IRA traditional or Roth?
by Finridge
Fri Mar 23, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 8207

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

That said, how would I have considered setting up a trust in the case that my son inherits over a million dollars due to our deaths? It just never would have occurred to me. How? Read the Bogleheads forums! https://www.bogleheads.org/forum/viewtopic.php?f=2&t=225464 https://www.bogleheads.org/forum...
by Finridge
Wed Mar 14, 2018 12:08 am
Forum: Personal Consumer Issues
Topic: As a home buyer, do you use your own realtor or agent?
Replies: 25
Views: 2089

Re: As a home buyer, do you use your own realtor or agent?

It is very helpful to work with a good, experienced agent that you can trust. I recommend that you do NOT just use the first agent you speak to at an open house, or that you speak to because they have the listing on house that caught your eye. Look for an agent that same way that you would look for ...
by Finridge
Tue Mar 13, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason not to open a 529? (young investor)
Replies: 21
Views: 1472

Re: Any reason not to open a 529? (young investor)

Question: If it's possible to open a 529 in your own name and then just switch it over to your child after he/she is born, and to do this without adverse tax consequences, then what is stopping us from doing this *after the child is born? What if someone establishes a 529 for both her child and also...
by Finridge
Tue Mar 13, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason not to open a 529? (young investor)
Replies: 21
Views: 1472

Re: Any reason not to open a 529? (young investor)

I wish I had done this!

But the first priority should be maxing out your Roth IRA's (and also probably your other retirement accounts). If you have funds left over after maxing those out, put them in your 529.
by Finridge
Tue Mar 13, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Excellent experience with Vanguard customer service
Replies: 6
Views: 1285

Re: Excellent experience with Vanguard customer service

lakinui wrote:
Mon Mar 12, 2018 9:11 pm
I've enjoyed consistently good service from Vanguard representatives
Me too. Consistently better then most other companies that I deal with (including other financial institutions).
by Finridge
Fri Mar 02, 2018 1:03 am
Forum: Investing - Help with Personal Investments
Topic: Need to move IRA but scared
Replies: 23
Views: 1592

Re: Need to move IRA but scared

Since a Target Retirement fund has everything you need, you do not really need to understand the ratio of investments until after you move your money. You can always count on livesoft for solid advice. Move it into the Target fund. You cannot go wrong with that. And then, later, if you want to move...
by Finridge
Wed Feb 28, 2018 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Should I Stay or Should I Go?
Replies: 30
Views: 3307

Re: Should I Stay or Should I Go?

I am very tempted to transfer the money over, but I am nervous about doing so, and unfortunately nobody in my life knows anything about investments to give me solid advice, which is why I came here... Is this the right thing to do ...and why? Any advice would be highly appreciated! Emphatically yes...
by Finridge
Wed Feb 28, 2018 1:35 am
Forum: Personal Consumer Issues
Topic: 2016 Sienna - 57k miles - any downside to buying?
Replies: 29
Views: 2872

Re: 2016 Sienna - 57k miles - any downside to buying?

Toyota has added a lot of safety features in 2017 and 2018 so if you are comparing the the 2016 to a new car be sure to go down the checklist of safety(and other) features to find the differences to make an "apples to apples" comparison. There is probably only 3,000 miles left on the powertrain war...
by Finridge
Sun Feb 25, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: What books changed your outlook on how you should invest?
Replies: 54
Views: 4255

Re: What books changed your outlook on how you should invest?

iceport wrote:
Fri Feb 23, 2018 8:35 pm
Wildebeest wrote:
Fri Feb 23, 2018 8:17 pm
What book changed book your perspective on how to invest?
I have to give shared credit on this to Malkiel's A Random Walk Down Wall Street and Bernstein's The Four Pillars of Investing.
For me also, these two books, and in that order.
by Finridge
Sun Feb 25, 2018 2:59 am
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and invest in this market?
Replies: 86
Views: 9335

Re: Should I bite the bullet and invest in this market?

Probably almost every person on this thread is--and most on this forum are--heavily invested in the market. And many of them are smarter than me. difference is that most have experienced a 40% run up in the markets just in the last year and change will be virtually unscathed if there is a major cra...
by Finridge
Sat Feb 24, 2018 1:24 am
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and invest in this market?
Replies: 86
Views: 9335

Re: Should I bite the bullet and invest in this market?

I opened an account with Vanguard with the intent of buying their mutual funds. (Namely total stock, total international, and some bond funds) I have had about $450k sitting in cash for too long and naturally have missed out on this great bull market. A few weeks ago I invested $35k in the total st...
by Finridge
Thu Feb 22, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Need $100,000 in 20 years. Help!
Replies: 52
Views: 5778

Re: Need $100,000 in 20 years. Help!

Hi everyone! My name is Michael, and I'm in somewhat of a unique situation. I have $200,000 of student loan debt with the federal government and opted for one of the income drive repayment plans called PAYE. In this plan, I pay a small amount per month (based on your income) and after 20 years, the...
by Finridge
Thu Feb 22, 2018 3:46 am
Forum: Personal Finance (Not Investing)
Topic: Safe to file taxes now?
Replies: 57
Views: 4917

Re: Safe to file taxes now?

Wondering if anyone has filed their personal income taxes for 2017. Has Vanguard ever issued a corrected 1099 for their brokerage? I don't want to file then receive a corrected 1099 and have to amend. Thanks Yes, a few years I received multiple corrected 1099's on a brokerage account. The original ...
by Finridge
Wed Feb 21, 2018 4:01 am
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 11452

Re: I'm Cancelling My Home Insurance

Keep the homeowners policy and kick the umbrella insurance to the curb. I agree with Bogleheads about most things; umbrella insurance for someone who doesn't own a business, have a pool, or play the role of landlord isn't one of them. Do you drive a car? That is the main source of liability and big...
by Finridge
Wed Feb 21, 2018 3:48 am
Forum: Investing - Help with Personal Investments
Topic: How do I unwind this Wealthfront mess?
Replies: 73
Views: 8545

Re: How do I unwind this Wealthfront mess?

Running through different scenarios has me feeling pretty defeated - and I'm wondering if it would just be better to move the taxable all back to Wealthfront. What would you do in my shoes? I am a longtime proponent of Vanguard and the 3 fund portfolio approach. But if something like this landed in...
by Finridge
Tue Feb 20, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 11452

Re: I'm Cancelling My Home Insurance

Keep the homeowners policy and kick the umbrella insurance to the curb. I agree with Bogleheads about most things; umbrella insurance for someone who doesn't own a business, have a pool, or play the role of landlord isn't one of them. Do you drive a car? That is the main source of liability and big...
by Finridge
Tue Feb 20, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: Using cFiresim
Replies: 14
Views: 1741

Re: Using cFiresim

cFIREsim used to be one of my favorite retirement planning tools, but now in the results they do not provide any data under statistics heading. So Firecalc has become more useful even though I don't like their interface as much. I noticed that change recently. At first I thought it was a bug in my ...
by Finridge
Fri Feb 16, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Are we TOO diversified? Time to hire a professional? Who has?
Replies: 14
Views: 1936

Re: Are we TOO diversified? Time to hire a professional? Who has?

You probably should consolidate. But just be careful to understand the tax consequences of selling appreciated holdings in taxable accounts--often it is not worth taking the tax hit. But its easy to consolidate tax advantaged holdings. If I were you, I'd move all of those to Vanguard. Also, you shou...
by Finridge
Fri Feb 16, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 10387

Re: My Over $300K Vanguard Balance Disappeared?

Beehave, All the shares in my accounts are "admiral" level for a long time. My account statements indicate "Vanguard Voyager Services". However, I have never tried to understand what that mean. Anyone can have "Admiral Shares" if they meet the minimum for that-typically $10,000+ in the account. As ...
by Finridge
Fri Feb 16, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 11452

Re: I'm Cancelling My Home Insurance

Anyone on here that doesn't have a home insurance policy? What's your experience? My home is paid for and worth about 12% of my net worth and I'm thinking about canceling the homeowners policy and keeping the umbrella policy. If I cancelled and the house burned down, it would just be like a 12% mar...
by Finridge
Fri Feb 16, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 11452

Re: I'm Cancelling My Home Insurance

Keep the homeowners policy and kick the umbrella insurance to the curb. I agree with Bogleheads about most things; umbrella insurance for someone who doesn't own a business, have a pool, or play the role of landlord isn't one of them. Do you drive a car? That is the main source of liability and big...
by Finridge
Fri Feb 16, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 11452

Re: I'm Cancelling My Home Insurance

essbeer wrote:
Fri Feb 16, 2018 1:51 pm
I though homeowners insurance was usually required for umbrella insurance, car insurance too.
I was just shopping for insurance, and that was the case with the companies I spoke to.
by Finridge
Fri Feb 16, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting and whether robo-investor fees are worth it
Replies: 27
Views: 2190

Re: Tax loss harvesting and whether robo-investor fees are worth it

I think robo advisors who say they can TLH for clients are just taking advantage of people who are too lazy and too fearful to do it themselves. It is about as easy as making oatmeal for breakfast, but many people would rather eat cold cereal or nothing for breakfast. You can make oatmeal for break...
by Finridge
Fri Feb 16, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 3021

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

I think two factor authentication is a good first step. Most won't even bother to do that. There is also the option of doing two factor authentication with a physical key, like a Fido UTF key. Even though inconvenient, a physical ket would probably prevent someone from gaining fraudulent access to ...
by Finridge
Fri Feb 16, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Recommend me a good laser printer for a chromebook!
Replies: 26
Views: 2166

Re: Recommend me a good laser printer for a chromebook!

I'm fairly tech savvy and I find printing from Chromebooks via Google Cloud Print to be frustrating and glitchy. There are lots of chrome browser settings to adjust and printer settings to adjust and when printer firmware gets updated you have to do it all over again. It means lots of reading of tu...
by Finridge
Fri Feb 16, 2018 1:10 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9943

Re: Can someone help me explain to my wife...?

The worlds worst market timer is a great starting point. Give her this story: https://www.bogleheads.org/forum/viewtopic.php?t=166730 If this does not persuade her to stay in the market, I don't know what will. I like that article too, but the problem with articles is that for every Boglehead-ish a...
by Finridge
Thu Feb 15, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9943

Re: Can someone help me explain to my wife...?

David Jay wrote:
Wed Feb 14, 2018 10:54 pm
The worlds worst market timer is a great starting point. Give her this story: viewtopic.php?t=166730
If this does not persuade her to stay in the market, I don't know what will.
by Finridge
Thu Feb 15, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 914

Re: Do you currency hedge Int'l?

I do not hedge. When it comes to international stocks, see the changes in exchange rates as one of the features, not one of the bugs. In my opinion, if you hedge, you are reducing the value of having international stocks. Example: If we face run away inflation here, you will be glad that you did not...
by Finridge
Thu Feb 15, 2018 3:24 am
Forum: Investing - Theory, News & General
Topic: Using cFiresim
Replies: 14
Views: 1741

Re: Using cFiresim

cFIREsim used to be one of my favorite retirement planning tools, but now in the results they do not provide any data under statistics heading. So Firecalc has become more useful even though I don't like their interface as much.
by Finridge
Thu Feb 15, 2018 3:18 am
Forum: Investing - Help with Personal Investments
Topic: Help me understand bonds
Replies: 3
Views: 468

Re: Help me understand bonds

I plan to go 80% domestic and 20% international for the next 20 years, and start adding 3% bonds every year for the next 20. I just want to maximize my returns. I won't be needing the money any time soon. Is this a decent idea? - Goal is to maximize amount of money I can make through investments. T...
by Finridge
Thu Feb 15, 2018 3:07 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11802

Re: Did you learn anything from the market correction?

I learned that tax loss harvesting is fun.

Also, I learned that it's a lot easier and less stressful to tax loss harvest using ETF's then mutual funds.
by Finridge
Wed Feb 14, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 10729

Re: Honda vs. Toyota: Which has more bang for the buck?

Can't go wrong with either. On almost all of its models, Toyota offers advanced safety features (collision avoidance, etc.) as standard, even on the base models. Honda does not do this, so if you buy a Honda, I recommend making sure you upgrade as necessary to get these features, even if it costs yo...
by Finridge
Wed Feb 14, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: New cars or Pool?
Replies: 71
Views: 6577

Re: New cars or Pool?

Pool threads are recurring but I noticed a couple of trends in them over the last few years: A lot of people that have pools love them and tout the enjoyment of them. A lot of people who say they aren't worth the money or are too much work don't have them and have never had them. That's interesting...
by Finridge
Wed Feb 14, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advice--I'm confused
Replies: 30
Views: 3850

Re: Vanguard advice--I'm confused

But since limited + long = intermediate, owning all three makes no sense. This might be the case if intermediate bonds performed equal to the average of the limited and long. But the bond curve keeps changing shape, depending on condition. So a portfolio consisting of 50% limited and 50% of long is...
by Finridge
Wed Feb 14, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: New cars or Pool?
Replies: 71
Views: 6577

Re: New cars or Pool?

No pool. You can read my thoughts here: viewtopic.php?f=11&t=240348&p=3765533#p3765533

I recommend reading the whole thread there. It's basically a "Should I get a pool or not?" thread.
by Finridge
Tue Feb 13, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advice--I'm confused
Replies: 30
Views: 3850

Re: Vanguard advice--I'm confused

But since limited + long = intermediate, owning all three makes no sense. This might be the case if intermediate bonds performed equal to the average of the limited and long. But the bond curve keeps changing shape, depending on condition. So a portfolio consisting of 50% limited and 50% of long is...
by Finridge
Tue Feb 13, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 24889

Re: Where to buy a Vanguard hat? An Update and good news

The first rule is don't tell people about your investments. The second rule is don't tell people about your investments. Maybe I'm paranoid and overly cautious, but anything with even the name of one of my financial institutions gets shredded. Sure, if a someone I trust asks for advice or recommenda...
by Finridge
Tue Feb 13, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Help me get my friends started
Replies: 6
Views: 588

Re: Help me get my friends started

barnaclebob wrote:
Tue Feb 13, 2018 2:50 pm
reddit.com/r/personalfinance has a good flow chart of where you should be putting your money. Its in their sidebar/wiki
Here it is:
https://imgur.com/g6j4IRu

Thread discussing it:
https://www.reddit.com/r/personalfinanc ... low_chart/
by Finridge
Tue Feb 13, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2611

Re: rmd disaster

THANKS AGAIN It looks like they purchased a tsa with my 401k money following plan rules. I will ask if this is reversible the plan rules look very murky when talking about filling out vanguard forms when getting to age 70 1/2 So the "if we buy an annuity if we don't hear from you" is a rule in your...
by Finridge
Tue Feb 13, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 47
Views: 2511

Re: Help with Tax Loss Harvesting

Wait! I said I choose not to tax loss harvest in a situation almost identical to the OP, and you tell me (a) that I am off topic and (b) that I should go read about tax loss harvesting???? Hope there’s still room in this forum for an old fashioned buy and hold investor. The disconnect is that if do...
by Finridge
Tue Feb 13, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 287
Views: 19729

Re: free dinner investing seminar

... In another thread ... someone is recommending finding an estate planning lawyer through seminars. Not using the seminars for a few free dinners, mind you, but actually going to them as a strategy for finding a good attorney??!! A better method would probably be to select one at random out of al...
by Finridge
Tue Feb 13, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 10970

Re: Our 'cure' for emergency expenses

I do my budget monthly and my actual expenses track pretty closely. I don't keep an emergency fund. TravelforFun Just curious, how do you fund actual big surprises? Such as replacing HVAC equipment (>$5000) or removing a large dead tree (>$3000). I can see how renters can avoid saving for major cap...
by Finridge
Tue Feb 13, 2018 3:19 am
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 47
Views: 2511

Re: Help with Tax Loss Harvesting

Wait! I said I choose not to tax loss harvest in a situation almost identical to the OP, and you tell me (a) that I am off topic and (b) that I should go read about tax loss harvesting???? Hope there’s still room in this forum for an old fashioned buy and hold investor. The disconnect is that if do...
by Finridge
Tue Feb 13, 2018 1:47 am
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2611

Re: rmd disaster

https://www.investopedia.com/articles/retirement/03/102203.asp When You Must Begin Generally, your first RMD i s due for the year you reach age 70.5. However, you need not start receiving distributions from your retirement account until y our required beginning date (RBD). Generally, your RBD is Apr...
by Finridge
Tue Feb 13, 2018 1:45 am
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2611

Re: rmd disaster

thanks for the repllies Can vanguard purchase an annuity in a situation like mine? I will sleep shortly. Vanguard has been handling my RMD's. They tell me what the RMD is. The also have a service where you can calendar with RMD's to take place automatically. I've never seen anything from them where...
by Finridge
Tue Feb 13, 2018 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Extreme newbie - what to do with inheritance
Replies: 10
Views: 1223

Re: Extreme newbie - what to do with inheritance

I'd pay off the credit card debt and resolve to never allow it to build up again (always pay off credit cards in full each month). Beyond that, put it in a high yield savings account (~1.3% interest+, these days) up to the $250K limit, or maybe split it evenly across two different banks ($150K each...
by Finridge
Tue Feb 13, 2018 1:05 am
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2611

Re: rmd disaster

Stop freaking out. Get some sleep and call Vanguard in the morning. There is no sense freaking out and until you know what is happening. Also, even if you did miss taking the RMD, it's probably OK. if that happens, you ask the IRS nicely to waive the penalty. You explain that it was the first RMD an...