Search found 6506 matches

by bertilak
Thu Jun 20, 2019 3:02 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 759
Views: 96584

Re: Did I Make it or no?

There are 2 categories: 2 comma NW and 2 comma Investable assets. Celebrate both of them. Congrats on 2 comma NW. All NW calculations include home equity, otherwise they are done incorrectly. I don't know why some wrestle with this concept so much, it is simply the sum of assets less sum of liabili...
by bertilak
Thu Jun 20, 2019 2:53 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 759
Views: 96584

Re: Did I Make it or no?

Is it typical to include the value of your house in your net worth or no? If it is, then I think we just joined the 2 comma club (well for today anyways :D )! If not then we have $250k to go :? . It's not the value of the house that counts, but how much equity you have in it. If you have $250K hous...
by bertilak
Wed Jun 19, 2019 6:08 pm
Forum: Personal Investments
Topic: Basic questions
Replies: 7
Views: 713

Re: Basic questions

Don't confuse asset allocation with asset location . (You probably aren't but I mention it just in case.) Asset allocation should be considered for the portfolio as a whole, regardless of which accounts have which assets -- even his vs. hers. Asset location can be looked at with a couple of constrai...
by bertilak
Wed Jun 19, 2019 11:11 am
Forum: Personal Investments
Topic: Vanguard?
Replies: 48
Views: 3383

Re: Vanguard?

First of all, you should be looking at your investments as a family, unless you or your husband are in a second marriage with children from an earlier marriage. Both of you should coordinate your portfolio (all of your joint assets) with the big picture in mind. Don’t just look at this existing/new...
by bertilak
Tue Jun 18, 2019 6:18 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4616

Re: Should I invest 100k into a total index or do it slowly

I guess I have to agree that bertilak's "hiding from bullets behind a tree" is a valid analogy. The partial exposure only helps during the transition time. But gradual exposure is still reasonable behavior. You can gradually test your comfort with the exposure. If you find you misjudged, and can ta...
by bertilak
Tue Jun 18, 2019 6:04 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4616

Re: Should I invest 100k into a total index or do it slowly

I guess I have to agree that bertilak's "hiding from bullets behind a tree" is a valid analogy. The partial exposure only helps during the transition time. But gradual exposure is still reasonable behavior. You can gradually test your comfort with the exposure. If you find you misjudged, and can ta...
by bertilak
Tue Jun 18, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: What's the Best Diversifier for Equity Risk? [Morningstar article]
Replies: 40
Views: 3334

Re: What's the Best Diversifier for Equity Risk? [Morningstar article]

Side question:

Is there a difference between a hedge and a negative correlation? How about just a low correlation?
by bertilak
Tue Jun 18, 2019 4:48 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4616

Re: Should I invest 100k into a total index or do it slowly

A one-time lump sum investment vs. dollar cost averaging is an intriguing question. A quick answer: time in the market favors a lump sum investment. This is correct statistically. "Statistical" presumes a large sample size. The problem is that you are not a part of statistics to you - there is only...
by bertilak
Sat Jun 15, 2019 5:18 pm
Forum: Personal Consumer Issues
Topic: Win 10 image backup software?
Replies: 44
Views: 3433

Re: Win 10 image backup software?

I just installed Acronis. It can create what they call a Survival Kit. That is a bootable USB drive that has both a boot partition and a backup partition. The bootable partition has a utility to restore selected files or the entire system from the backup partition. The backup partition can be kept u...
by bertilak
Sat Jun 15, 2019 11:03 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4523
Views: 1165832

Re: What Movie Have You Recently Watched?

travellight wrote:
Sat Jun 15, 2019 10:46 am
It’s like flying first class instead of coach for just a few bucks more.
Exactly, but with the same disappointing destination!
by bertilak
Thu Jun 13, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10741

Re: Retired at 35 and have no friends :(

samsoes wrote:
Thu Jun 13, 2019 12:19 pm
My goodness. Tough crowd. The OP is looking for friends. Looks like he/she is having a tough time finding friends among some folks here.
I didn't check the timestamps. I just saw that it was two pages long!

Best of luck to the OP. My contribution: Volunteer. Read the local paper to get ideas.
by bertilak
Thu Jun 13, 2019 12:16 pm
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10741

Re: Retired at 35 and have no friends :(

Well, we haven't heard back from the OP so perhaps he found some other way to entertain himself!
by bertilak
Wed Jun 12, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4523
Views: 1165832

Re: What Movie Have You Recently Watched?

Out of curiosity, how state-of-the-art is your home viewing setup? I ask, because in the past n years, tremendous strides have been made there also. I no longer go to movie theaters, and wonder if I’m missing something; that said, my home theater is leagues better than it was 10 years ago. It had b...
by bertilak
Tue Jun 11, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Preventing Identity Theft
Replies: 46
Views: 3607

Re: Preventing Identity Theft

Does anyone use LifeLock? I don't. I vaguely remember hearing that it was next to useless but really know nothing about it. I got an advertisement for it in the mail today and it made me wonder about it then I saw this active thread so I figured I'd ask. Don't use Lifelock. "LifeLock will pay $100 ...
by bertilak
Tue Jun 11, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: Preventing Identity Theft
Replies: 46
Views: 3607

Re: Preventing Identity Theft

Does anyone use LifeLock?

I don't. I vaguely remember hearing that it was next to useless but really know nothing about it. I got an advertisement for it in the mail today and it made me wonder about it then I saw this active thread so I figured I'd ask.
by bertilak
Tue Jun 11, 2019 12:04 pm
Forum: Personal Consumer Issues
Topic: Recommendations for "Backup" software
Replies: 40
Views: 2567

Re: Recommendations for "Backup" software

I'm not a fan of local backups. What happens if there should be a break in, flood or fire in your home? Offsite storage or the cloud is far more secure. I'm a fan of both: On-site supplies convenient restore. It also has less of a dependency on infrastructure (working internet) and robust processes...
by bertilak
Mon Jun 10, 2019 6:11 pm
Forum: Personal Consumer Issues
Topic: Recommendations for "Backup" software
Replies: 40
Views: 2567

Re: Recommendations for "Backup" software

I use Acronis for a couple of years, since my previous backup provider decided to concentrate solely on the corporate market, and have been happy with it. I've had to restore a couple of lost files and have checked it a couple of times to make sure the backups were there. I recently installed Acron...
by bertilak
Sat Jun 08, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Market up because of rate cut expectation - why ?
Replies: 21
Views: 2773

Re: Market up because of rate cut expectation - why ?

Could it simply be that low rates mean more (borrowed) money available to invest?
by bertilak
Sat Jun 08, 2019 9:30 am
Forum: Personal Investments
Topic: Any other notable firms besides the Big 3?
Replies: 8
Views: 1413

Re: Any other notable firms besides the Big 3?

TDAmeritrade is right in there with Schwab, Fidelity, et al. and very often mentioned on bogleheads.org. There used to be (I think) a clear-cut distinction between brokerages and mutual fund companies. That has changed, but there is an historical flavor to many. Vanguard is an example. They used to...
by bertilak
Fri Jun 07, 2019 9:43 am
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

fareastwarriors wrote:
Fri Jun 07, 2019 9:32 am
Easy answer, Costco. No Sam's or BJ's nearby.
You got lucky!

(Costco cultist now ducking for cover from the anti-Costco cultists!)
by bertilak
Thu Jun 06, 2019 7:24 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

lol, i pay $120. (of course, that's the upfront cost. costco actually pays me to shop there.) Me too. My annual rebate more than covers the $120 fee for "Executive Membership." I'm up to $350 so far. On top of that are the savings on individual purchases. And that's cash back. No wondering how much...
by bertilak
Thu Jun 06, 2019 8:27 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3788
Views: 1091123

Re: What Book Are You Currently Reading? Part VI

I am admittedly biased in that I don't really subscribe to the stoic philosophy. I do wonder about the chicken/egg aspect of this though. Does a stoic philosophy aid in the achievement of wealth, or is it just easier to be a stoic once you're already well off? Being well off makes everything easier.
by bertilak
Wed Jun 05, 2019 8:57 am
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

Another issue I hate with both stores are the grazing stations! Costco isles are barely wide enough for two carts to get buy, thrown in a grazing station for the cattle and now you have a major traffic jam. I have seen people get into fights at the grazing stations over a free 2" cube of cheese... ...
by bertilak
Tue Jun 04, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

Costco has very wide parking places, an advantage for your vehicle and something I appreciate. Wide parking spaces is one of my favorite things about Costco! Easy in, easy out, never dinged by another car's door. Even when crowded, people come and go often enough it is usually (not always!) easy to...
by bertilak
Tue Jun 04, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

So, Costco is unpopular because it is too crowded?
by bertilak
Tue Jun 04, 2019 12:05 pm
Forum: Personal Investments
Topic: What is the tax rate on a tax deferred 401k account?
Replies: 12
Views: 652

Re: What is the tax rate on a tax deferred 401k account?

Silk McCue wrote:
Tue Jun 04, 2019 12:03 pm
Life in slices nailed the answer.

Once you are 70.5 you can make Qualified Charitable Distributions from an IRA (not 401k) and pay zero taxes on that up to $100k per year.

Cheers
Could one do a rollover from 401k to IRA (tax free) and then do QCDs?
by bertilak
Mon Jun 03, 2019 6:34 pm
Forum: Personal Investments
Topic: Would you pay off car loan early?
Replies: 46
Views: 2214

Re: Would you pay off car loan early?

I would, and did, several times.
by bertilak
Sat Jun 01, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: What to do with a 24" analog CRT TV?
Replies: 56
Views: 2961

Re: What to do with a 24" analog CRT TV?

Many years ago, we ran into the same conundrum. This was back when everyone was switching from B&W to color. We had to get rid of our old B&W TV. Solution? Put it in a cardboard box and get out the 12-gauge! A splendid time was had by all! I think it ended up in small enough pieces that we could put...
by bertilak
Sat Jun 01, 2019 1:07 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4523
Views: 1165832

Re: What Movie Have You Recently Watched?

Please post what you thought of the movie rather than list what you have seen (see first post). I recently saw Booksmart and was very entertained. Not an artsy movie but lots of laughs in the audience. Directed by Olivia Wilde. Beanie Feldstein stole the show; she is sister of Jonah Hill. Upon firs...
by bertilak
Sat Jun 01, 2019 10:13 am
Forum: Personal Investments
Topic: Retirement plan [Pension lump sum or annuity?]
Replies: 23
Views: 1501

Re: Retirement plan [Pension lump sum or annuity?]

Although pensions are indeed a good thing, a non-COLA pension with a payout rate not much different than commercially available annuities... ... except that it is usually a much better deal -- costs less. Compare it to what you can get by using the lump sum to buy a commercially available annuity. ...
by bertilak
Fri May 31, 2019 1:36 pm
Forum: Personal Investments
Topic: Retirement plan [Pension lump sum or annuity?]
Replies: 23
Views: 1501

Re: Retirement plan [Pension lump sum or annuity?]

Usually the math suggests take the pension. Others can figure out if the pension is better than using the lump sum to buy an annuity. Even though the pension or likely the annuity is likely not COLA, I generally favor retirees look to get a decent income floor in retirement vs adding more assets to...
by bertilak
Fri May 31, 2019 10:50 am
Forum: Personal Consumer Issues
Topic: Windows 10 - May 2019 Update (1903)
Replies: 39
Views: 3068

Re: Windows 10 - May 2019 Update (1903)

LiterallyIronic wrote:
Fri May 31, 2019 10:33 am
I'd be way worse off if the burglar stole my filing cabinet, because that has personal and financial information in it.
My computer, and associated cloud storage (aka OneDrive), IS my filing cabinet.
by bertilak
Fri May 31, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 64075

Re: Name something you had to have and now you regret purchasing it?

Yes, aluminum cycle cross bike. For an additional $500 I could have bought the titanium version. I'm reminded every time I ride it which is probably 4-5 days a week. Getting spouses approval for the titanium version is hard to justify now as my current bike works fine, it would just be lighter and ...
by bertilak
Thu May 30, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - May 2019 Update (1903)
Replies: 39
Views: 3068

Re: Windows 10 - May 2019 Update (1903)

They generally roll these out rather than blast them out to everyone. Probably reduces their traffic on the servers and gives them some room to shut down the process if something comes up as more users install. I'm willing to take it as it comes. I was just curious and your explanation makes sense.
by bertilak
Thu May 30, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - May 2019 Update (1903)
Replies: 39
Views: 3068

Re: Windows 10 - May 2019 Update (1903)

So, how come Microsoft isn't offering me (a run-of-the-mill consumer) an update from 1809 to 1903?
by bertilak
Thu May 30, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Brokerage for small HOA
Replies: 17
Views: 766

Re: Brokerage for small HOA

Our home owners association accumulates money in a reserve fund to pay for capital needs, such as an eventual clubhouse new roof, that are not annual expenses. The funds are in low six figures as we just completed resurfacing the road and clubhouse parking. This money has been in CDs at the same lo...
by bertilak
Thu May 30, 2019 9:06 am
Forum: Investing - Theory, News & General
Topic: Question regarding the phrase "smart money"
Replies: 23
Views: 1566

Re: Question regarding the phrase "smart money"

Definition od smart money from Investopedia: https://www.investopedia.com/terms/s/smart-money.asp First sentence: Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. It is appropriate that the second ...
by bertilak
Thu May 30, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: Question regarding the phrase "smart money"
Replies: 23
Views: 1566

Re: Question regarding the phrase "smart money"

venkman wrote:
Wed May 29, 2019 9:35 pm
Assuming retail investors (non-smart money) did not change their buying or selling behavior, who bought up all those stocks that the "smart money" professionals suddenly decided to sell off?
I guess there are smart buyers AND smart sellers!

Is it more like musical chairs or hot potato?
by bertilak
Tue May 28, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1280
Views: 130639

Re: [What TV Show Have You Recently Watched?]

Bosch , Season 1, on Amazon Prime. I haven't read the books, as I'm mostly into sci-fi. My first impression - Bosch is a modern-day incarnation of Joe Friday. The short back-and-forth "just the facts" dialog is eerily similar to the Dragnet TV series I watched when I was kid - I watched every episo...
by bertilak
Tue May 28, 2019 7:02 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 64075

Re: Name something you had to have and now you regret purchasing it?

Air compressor - Only being used as a tire inflator and takes up a lot more space than our other one which is the size of a toaster and fits nicely on a shelf. And we like the small one more because you can set the desired PSI and it stops running when it reaches that PSI. Actually, I found an air ...
by bertilak
Tue May 28, 2019 10:21 am
Forum: Personal Investments
Topic: Cut the cord
Replies: 13
Views: 1395

Re: Cut the cord

If this is your plan, why do you need Vanguard PAS? :confused To agree with you? Just execute the plan and stick to it, and keep your money. You earned it. Well, the OP does say: My plan is to use the Personal Advisor Service through Vanguard initially, and somewhere down the road, if I have the ti...
by bertilak
Tue May 28, 2019 10:10 am
Forum: Personal Investments
Topic: Cut the cord
Replies: 13
Views: 1395

Re: Cut the cord

Vanguard Total Stock Market ETF 47% Vanguard Total International Stock ETF 32% Vanguard Total Bond ETF 15% Vanguard Total International Bond ETF 6% We have a 15 year retirement horizon. From what I'm coming from (invested accross 20+ MF), it seems so generic. Am I missing anything or trust in the V...
by bertilak
Tue May 28, 2019 6:29 am
Forum: Personal Consumer Issues
Topic: tankless water heater?
Replies: 37
Views: 3315

Re: tankless water heater?

HEDGEFUNDIE wrote:
Tue May 28, 2019 12:58 am
Who do you call for inspection? Plumber?
Yes. I asked for an inspection and cleaning. I always ask if they are an authorized Rinnai service/repair shop.

After the inspection they have always advised against a cleaning as it never seemed necessary.
by bertilak
Mon May 27, 2019 11:32 pm
Forum: Personal Consumer Issues
Topic: tankless water heater?
Replies: 37
Views: 3315

Re: tankless water heater?

I have a Rinnai propane. Some observations: The initial wait for hot water is no better than for a traditional tank as the wait is not a matter of heating the water (be it in a tank or on demand) but of getting it through, and heating up, the pipes. (The pipes don't leak water, but they do leak heat...
by bertilak
Mon May 27, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Billing
Replies: 6
Views: 1095

Re: State Farm Billing

Whenever I have a question about my SF policies, I call my agent. They are quite knowledgeable about insurance in general and have instant access to one's policy data, including billing. Almost always, the one who answers the phone can deal with the situation then and there. My agent recently retire...
by bertilak
Mon May 27, 2019 6:02 am
Forum: Personal Investments
Topic: Keeping Track of Your Investments
Replies: 5
Views: 705

Re: Keeping Track of Your Investments

I have a son who has limited computer skills. I suspect that he will need some means to keep track of his investments/portfolio. Please provide your recommendation of a book or journal to manually record and keep track of where the money is. MUCH appreciated. Three thoughts, in increasing complexit...
by bertilak
Sat May 25, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13537

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

Knowledgeable investors pay no attention to the target "date." They pick a Target or Life Cycle fund with the stock/bond ratio they desire. Perhaps I am over-thinking things but as I see it, target date funds do two things for you (considering only the "target" aspect): Select an AA Determine a gli...
by bertilak
Fri May 24, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 14652

Re: just a general comment about "too conservative" investors here

Thank you Op. I frequently feel out of placewith so many suggesting 100% stocks and mine is 50% stocks. I’veseen All the meltdowns too. Colleagues panicking. One bought a house without selling old one first. Then couldn’t sell ( think mortgage real estate dieting GR). He sold all of his stock optio...
by bertilak
Thu May 23, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: How to "lie" with Personal Finance
Replies: 28
Views: 5162

Re: How to "lie" with Personal Finance

I think you need to understand that even 200% success ratio on the historical data gives you zero guarantee in the future if that is what you are after. I admit I don't understand that because I can't fathom what a 200% success ratio is! Do I win twice as often as I play? How? Perhaps the point is ...
by bertilak
Thu May 23, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: How to "lie" with Personal Finance
Replies: 28
Views: 5162

Re: How to "lie" with Personal Finance

I don't like calling these fallacies "lies", but my own peeve in this arena is: Using your expected longevity to determine plan length. The expected longevity is just an average, so many of us (being conservative in terms of running out of money) would want to go out to something like the 25th perc...