Search found 358 matches

by chipperd
Sat Jan 19, 2019 7:19 am
Forum: Personal Consumer Issues
Topic: Ford F-series pickup with 4x4 and 4 doors?
Replies: 31
Views: 2078

Re: Ford F-series pickup with 4x4 and 4 doors?

Don't know about off road performance, but I have had a Chevy Colorado 4x4 4 dr. which is a short bed and I love it. Reliable, not bad on gas (has the 5 cyl they put in the smaller hummer), not to much of a truck ride, pretty high off the ground, tows stuff well. I have a 2011.
by chipperd
Wed Jan 09, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: wash sale rule question
Replies: 8
Views: 421

Re: wash sale rule question

Awesome. Thanks so much for all the responses.
OP.
by chipperd
Wed Jan 09, 2019 6:08 am
Forum: Investing - Theory, News & General
Topic: wash sale rule question
Replies: 8
Views: 421

wash sale rule question

Hello all, Wondering about the wash sale rule. In the opinion of those that read this and wish to comment, would the sale of VWENX (Vanguard Wellington Admiral) and the purchase of VBIAX (Vanguard Total Balanced Index) trigger the wash/sale rule for tax purposes? I'm thinking not due to the internat...
by chipperd
Sat Jan 05, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 408
Views: 41769

Re: What is/ was your career and would you recommend it now?

"That is a lot of jobs,makes me feel slightly more confident about changing my career"
My last 6 jobs were simultaneously held; at least 3 or more at a time.
chipperd
by chipperd
Fri Jan 04, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 4935

Re: Social Security question hindsight

I don’t have the source citations at my fingertips, but some recent polling in this area showed that most people are happy with the choice they made for taking SS, no matter at what age they did. I’m sure there’s a behavioral economics term for this. Though, it’s easy to see how the early takers wo...
by chipperd
Sun Dec 30, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Annuities objectively considered
Replies: 111
Views: 7299

Re: Annuities objectively considered

We haven't gotten a response from the OP. The question I have is, what is the OP's question? Seems like just a promo to me, so my question is, where is my free dinner?
by chipperd
Fri Dec 28, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 58
Views: 8303

Re: FAFSA EFC number shock! [Expected Family Contribution]

Update:
So this year, (12/2018) with child 1 a frosh and child #2 just committed ED/track, our EFC is down to $13,100. Go figure.
Child #2 at full need small university in waltham, ma, will pay $16k. Child #1 at different small university in the same town will pay about $22k.
by chipperd
Thu Dec 27, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9318

Re: What common everyday inconvenience have you intentionally suffered for frugality?

-cars: we always purchase 3-4 year old vehicles and drive them into the ground and keep well over 200k miles (last had 268k). Cheaper to keep fixed and safe most times. -mortgages: switched from fixed to heloc in 2009, then back to fixed about a year-18 months ago. The suffering was in the risk -mad...
by chipperd
Tue Dec 25, 2018 6:46 am
Forum: Personal Consumer Issues
Topic: "Masters in Counseling" vs. "Masters in Social Work" (Massachusetts)
Replies: 21
Views: 1843

Re: "Masters in Counseling" vs. "Masters in Social Work" (Massachusetts)

+1 on all that info. Good point on the overhead costs, which I neglected to bring up. I have always carried malpractice insurance regardless of if I worked for/supervised others or had a private practice; I'm just a cautious type I guess and know that my employers malpractice/legal will look out for...
by chipperd
Sun Dec 23, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: "Masters in Counseling" vs. "Masters in Social Work" (Massachusetts)
Replies: 21
Views: 1843

Re: "Masters in Counseling" vs. "Masters in Social Work" (Massachusetts)

I am an LCSW in CT and have worked for a private practice (much like working for a law firm ie: billable hours), hospital setting and had my own private practice among other professional experiences in over 25 years. Here is my 2 cents. In CT there is a large difference between getting a masters in ...
by chipperd
Sat Dec 22, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Expensive Colleges - Investment Worth It
Replies: 67
Views: 2577

Re: Expensive Colleges - Investment Worth It

As a parent of 3 teens, one a private, NE university honors frosh, the second just getting into a different small NE university ED and a 3rd a soph in h.s., I've been an avid reader and challenger of the method and amount, one need pay for a private, college/university education. We are seemingly n...
by chipperd
Sun Dec 16, 2018 6:11 am
Forum: Investing - Help with Personal Investments
Topic: options to cover next 10 years before SS
Replies: 49
Views: 3983

Re: options to cover next 10 years before SS

Why so concerned about an annuity and losing control over the funds, when all you need to earn is 3%/year to make this work? Currently CD rates make this a no brainer to build a CD ladder, do this the old fashioned way and retain control over your money. Split the money evenly in each of the CD's b...
by chipperd
Sat Dec 15, 2018 5:30 am
Forum: Investing - Help with Personal Investments
Topic: options to cover next 10 years before SS
Replies: 49
Views: 3983

Re: options to cover next 10 years before SS

Why so concerned about an annuity and losing control over the funds, when all you need to earn is 3%/year to make this work? Currently CD rates make this a no brainer to build a CD ladder, do this the old fashioned way and retain control over your money. Split the money evenly in each of the CD's be...
by chipperd
Thu Dec 13, 2018 6:00 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 408
Views: 41769

Re: What types of jobs do Bogleheads have?

From age 12 strawberry planter($1/hr. yikes) tobacco field dragger/picker gas station attendant nursing home maintenance guy assembly line worker landscaper excavation/construction pizza delivery guy hospital ED admissions youth counselor family reunification counselor social worker stay at home dad...
by chipperd
Mon Dec 10, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: How will 80k inheritance affect medicaid, section 8, food stamp eligibility in PA?
Replies: 26
Views: 2977

Re: How will 80k inheritance affect medicaid, section 8, food stamp eligibility in PA?

It's "interesting" to see how those who are critical of an individual's attempt help a family member play by the rules of the game aren't supportive of the OP, yet those same folks who lob criticisms, have requested help with avoiding payment to the tax man with in the rules of that game. I support ...
by chipperd
Sat Dec 08, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: options to cover next 10 years before SS
Replies: 49
Views: 3983

Re: options to cover next 10 years before SS

Again Using a simple withdrawal calc,if your mom can get 3% return compounded monthly, she will run out about 2/3 of the way through year 9. Using same 3% assumption, she could take out 68k/year and wind up with a few grand at the end of year 10. Hopefully she has other funds after year 10 from anot...
by chipperd
Sat Dec 08, 2018 5:44 am
Forum: Investing - Help with Personal Investments
Topic: options to cover next 10 years before SS
Replies: 49
Views: 3983

Re: options to cover next 10 years before SS

Using a simple withdrawal calc,if your mom can get 3% return compounded monthly, she will run out about 2/3 of the way through year 9. Using same 3% assumption, she could take out 68k/year and wind up with a few grand at the end of year 10. Hopefully she has other funds after year 10 from another ar...
by chipperd
Fri Dec 07, 2018 6:36 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 375
Views: 22362

Re: What are your property taxes?

$10,750/year on a 3129 sq. ft. home. Market value about 380k. CT. Good schools; not much industry/business in a suburban to rural town
by chipperd
Thu Dec 06, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Warm-up before basketball game with space constraints?
Replies: 21
Views: 1195

Re: Warm-up before basketball game with space constraints?

I used to coach travel bball ages 10-13 and having limited warm up time on the court isn't uncommon. We would have our kids outside if the weather permitted or stretch and dribble in the hall/pass in the hall. Great time to go over plays on the dry erase board and team tactics. Also can do ball taps...
by chipperd
Tue Dec 04, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: BAC preferred
Replies: 0
Views: 252

BAC preferred

Hello Bogleheads,
I'm always looking for yield without to much exposure. Anyone looking at BAC preferred yielding over 6?
Thanks
Chipperd
by chipperd
Fri Nov 23, 2018 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my house?
Replies: 59
Views: 4846

Re: Should I sell my house?

Sell. Not even a question in my mind. Long term management of a property isn't a headache you want with a new job and two kids.
by chipperd
Tue Nov 06, 2018 5:12 am
Forum: Investing - Help with Personal Investments
Topic: Save tuition money or fund 401(k)?
Replies: 10
Views: 917

Re: Save tuition money or fund 401(k)?

Probably time for your son to start job shopping for an employer who will pay for grad school
by chipperd
Sun Nov 04, 2018 6:05 am
Forum: Investing - Theory, News & General
Topic: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]
Replies: 74
Views: 8663

Re: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]

I don't understand the why those who don't agree with the FIRE movement (most of whom have a dog in that belief system: ie: Suze), need imply a psychological problem. Live and let live the way I want to live in the face of consumerism is the basic FIRE premise. Why the need to pathologize? I don’t ...
by chipperd
Sun Nov 04, 2018 1:42 am
Forum: Investing - Help with Personal Investments
Topic: Who should I believe?
Replies: 48
Views: 7648

Re: Who should I believe?

here in the US there is home bias. but we are also the best, and largest economy. Best economy? Depends upon your measures/criteria. It didn't say best economy. It said largest economy;) Though that sort of depends on your measuring stick. China has passed the US in a couple of measures and will pr...
by chipperd
Sun Nov 04, 2018 1:40 am
Forum: Investing - Theory, News & General
Topic: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]
Replies: 74
Views: 8663

Re: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]

I don't understand the why those who don't agree with the FIRE movement (most of whom have a dog in that belief system: ie: Suze), need imply a psychological problem. Live and let live the way I want to live in the face of consumerism is the basic FIRE premise. Why the need to pathologize?
by chipperd
Wed Oct 31, 2018 4:35 am
Forum: Investing - Help with Personal Investments
Topic: Who should I believe?
Replies: 48
Views: 7648

Re: Who should I believe?

PFInterest wrote:
Sat Oct 27, 2018 10:15 am
here in the US there is home bias.
but we are also the best, and largest economy.
Best economy? Depends upon your measures/criteria.
by chipperd
Tue Oct 23, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: paying for college. work level options
Replies: 17
Views: 1071

Re: paying for college. work level options

NPC definition? Net Price Calculator. Net Price is the amount that a student pays to attend an institution in a single academic year AFTER subtracting scholarships and grants the student receives. Scholarships and grants are forms of financial aid that a student does not have to pay back. Most scho...
by chipperd
Tue Oct 23, 2018 3:44 am
Forum: Personal Finance (Not Investing)
Topic: paying for college. work level options
Replies: 17
Views: 1071

Re: paying for college. work level options

Update on this idea since actual numbers have come in. My work schedule was reduced; one day per week eliminated which translates to 10k less income in 2018 and 20k income less in 2019. Child #2, who is going D3 for track (no athletic scholarships) at LAC. Early academic read over the summer said sh...
by chipperd
Sun Oct 21, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6144

Re: Pull kids from school for vacations?

Wow. Interesting and forceful arguments being made here on this topic. An education takes place in both formal and informal settings. Some of the most intense education takes place in an immersion setting. Example: we saved for a decade and took our kids to Europe for a month over summer break where...
by chipperd
Sat Oct 20, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6144

Re: Pull kids from school for vacations?

Do it. My wife and I both work in public schools. We have only done this a couple times to expose our three kids to special events on vacations (bare boat charter a couple times, hired a marine biologist for a day once) due to the dramatic cost savings going a bit earlier before that April break. Sc...
by chipperd
Mon Oct 15, 2018 4:25 am
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5939

Re: Have you annuitized some of your money?

I have been playing around with the idea of a 15 year annuity to bridge the gap between 52 to 67 as part of a FIRE plan. The annuity would run out and SS would start up to take the place of the monthly annuity income at age 67. Anyone consider this and have thoughts? Also, in comparing annuities, w...
by chipperd
Sun Oct 14, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5939

Re: Have you annuitized some of your money?

I have been playing around with the idea of a 15 year annuity to bridge the gap between 52 to 67 as part of a FIRE plan. The annuity would run out and SS would start up to take the place of the monthly annuity income at age 67. Anyone consider this and have thoughts? Also, in comparing annuities, wh...
by chipperd
Sat Sep 22, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13522

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Congrats on your decision. I only wish mine was as clear cut. Best of luck in your new lifestyle.
by chipperd
Tue Sep 18, 2018 4:48 am
Forum: Personal Consumer Issues
Topic: Minivan for family of 4.
Replies: 34
Views: 3037

Re: Minivan for family of 4.

Thanks everyone for the great advice and input. I will look at other options that are allowed on carpool as a single-occupant (CA). The goal is to get a PHEV with good mpg and also decent cargo space, thats why I though about the Pacifica, but after reading some replies I might fare better with a s...
by chipperd
Sun Sep 16, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13522

Re: Considering Quitting Job - Seeking Advice. Would you do it?

OP: I certainly appreciate your concerns regarding unknown future needs of teens with special needs. In my line of work I work with adolescents and young adults with special needs. Perhaps contacting your state agency to find out projected costs? Or maybe there is some kind of health care insurance ...
by chipperd
Sun Sep 16, 2018 4:30 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13522

Re: Considering Quitting Job - Seeking Advice. Would you do it?

OP: By my math, and it's a bit rough given you work even more hours some weekends, you are putting in an average of well over 92-94 hours per week. Not sure about commute time that would be added to that. Safe to say this isn't living. You are existing to serve others needs. Have you figured out how...
by chipperd
Sat Sep 15, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: When to Tap Into SS
Replies: 14
Views: 1742

Re: When to Tap Into SS

You might find this useful: https://opensocialsecurity.com/ The creator of this calculator, Oblivious Investor, often posts in this forum. Brad I used this calc and it stated that my retirement benefits at FRAwill be much lower relative to the benefit on my statement at FRA. Any idea why? The calcu...
by chipperd
Fri Sep 14, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: current EFC calculator. accurate?
Replies: 4
Views: 311

Re: current EFC calculator. accurate?

Thanks for the feedback. I assumed that EFC stands for Expected Family Contribution and therefore the number would be for the family, not the individual student. From what I am reading as feed back, this assumption is incorrect? If so, they really need to change the name to something like Expected F...
by chipperd
Fri Sep 14, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: current EFC calculator. accurate?
Replies: 4
Views: 311

current EFC calculator. accurate?

Hello all, So I plugged my numbers into the current 2018/2019 EFC calculator here: https://bigfuture.collegeboard.org/pay-for-college/paying-your-share/expected-family-contribution-calculator My family's EFC was much lower for my current h.s. senior relative to last year when my oldest (current coll...
by chipperd
Mon Sep 10, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: When to Tap Into SS
Replies: 14
Views: 1742

Re: When to Tap Into SS

bkweathe wrote:
Mon Sep 10, 2018 2:15 pm
You might find this useful: https://opensocialsecurity.com/

The creator of this calculator, Oblivious Investor, often posts in this forum.

Brad
I used this calc and it stated that my retirement benefits at FRAwill be much lower relative to the benefit on my statement at FRA. Any idea why?
by chipperd
Mon Sep 03, 2018 7:24 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 872
Views: 158829

Re: Boglehead Beer

Hobbit Juice: A double IPA from Beer'd Brewing in Stonington, CT. Hard to find but if you are near the brewery, def. worth the trip
by chipperd
Tue Aug 28, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Minivan for family of 4.
Replies: 34
Views: 3037

Re: Minivan for family of 4.

Sienna.
Our first one, bought used (4 years old) went 225 k miles and got $2000 on trade in 2007 when we bought a 2005. That 2005 Sienna we just traded in, got $1,500 for it with 265k miles. Just bought a 2014 with 56k miles. Can't kill that v6 man. Ride it til the end.
by chipperd
Mon Aug 20, 2018 5:07 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18781

Re: Teachers Who Have Net Worth of $1 million +

Teachers wages haven't kept up with other wages, at least in most states, so what a teacher could do then and what a teacher can do now are apples and oranges. A million bucks is a million bucks regardless of wages or inflation Not the point, the question is how much of that have they been able to ...
by chipperd
Sat Aug 18, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18781

Re: Teachers Who Have Net Worth of $1 million +

Jablean wrote:
Thu Aug 16, 2018 7:19 pm
Teachers wages haven't kept up with other wages, at least in most states, so what a teacher could do then and what a teacher can do now are apples and oranges.
A million bucks is a million bucks regardless of wages or inflation
by chipperd
Mon Aug 13, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: What's a good way to calculate when I have won the game??
Replies: 23
Views: 4667

Re: What's a good way to calculate when I have won the game??

What's a good way to calculate when I have won the game?? When you (and the people you hope your money will support) are dead. Up until then you are still playing the game and have a chance to lose all your money. The person with 100x of expenses all in government bonds still lost if they happened ...
by chipperd
Wed Aug 08, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 16366

Re: Will you pay for your kids' college/graduate education?

Not sure what the original intent of this thread is at this point.
by chipperd
Wed Aug 08, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 16366

Re: Will you pay for your kids' college/graduate education?

It's well documented that college costs have outpaced inflation by a large margin over the past couple decades. Tuition at private schools in the Northeast run around 52k/year. That's spectacular, and real. Did you read the first word in that post you quoted? It was public. The post also included t...
by chipperd
Wed Aug 08, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 7589

Re: "Skin in the game"

chipperd wrote:
Wed Aug 08, 2018 12:37 pm
I see some posts here colluding "skin in the game" with student loans. At least in our case, my kids paying for their portion (10%) is cash or check from them to me. No loans.