Search found 1527 matches

by Muchtolearn
Tue Sep 11, 2012 9:30 am
Forum: Personal Consumer Issues
Topic: advice re cancelling cable, WiFi option
Replies: 20
Views: 2595

Re: advice re cancelling cable, WiFi option

Zepp, I don't get it. You obviously like watching sports. But to not have cable you are limiting it to the games on the major networks. ESPN has 90% of it now along with various fox and comcast cable networks. You are missing alot if you care about these things. To me, there are some things in life ...
by Muchtolearn
Tue Sep 11, 2012 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I hire an attorney for my closing
Replies: 26
Views: 3477

Re: Should I hire an attorney for my closing

Are you kidding? You are swimming with the sharks. I wouldn't go near the closing without having seen an attorney beforehand and having him/her there with me. Of course the real estate agent will tell you that you don't need one. It can only muck things up for him/her. I strongly disagree with Ted a...
by Muchtolearn
Tue Sep 11, 2012 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Buy vs Rent with a twist
Replies: 17
Views: 1580

Re: Buy vs Rent with a twist

The property is $127,000. The HOA fee includes all external maintenance plus HVAC repair/replace. So the only internal maintenance is carpet, paint, plumbing, electrical. So downpayment plus settlement fees = $30k and I am assuming about $5k to freshen carpet and paint. Total initial investement wo...
by Muchtolearn
Tue Sep 11, 2012 9:17 am
Forum: Personal Consumer Issues
Topic: GM Volt
Replies: 208
Views: 17798

Re: GM Volt

I have no axe to grind on this. Practically, I could not own it as I live in an apartment. Probably about half of America does. Of those in houses, I do not know how many do not have garages. Of those who can charge their cars, how many have short daily commutes? I am suggesting that there is a very...
by Muchtolearn
Mon Sep 10, 2012 7:16 pm
Forum: Personal Consumer Issues
Topic: advice re cancelling cable, WiFi option
Replies: 20
Views: 2595

Re: advice re cancelling cable, WiFi option

We don't have cable. I doubt we'll ever get it. I use foxsoccer.tv ($160/yr) to watch my beloved Tottenham Hotspur, ESPN3 (free with internet) to watch Saturday premiership games, MLB.TV ($140/yr) to watch baseball and I recently purchased an antenna (Hauppage 850- $25) that streams through to my c...
by Muchtolearn
Mon Sep 10, 2012 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: 401k fee shenanigans?
Replies: 13
Views: 1234

Re: 401k fee shenanigans?

Sarah, advice that I just gave my 25 year old daughter on a different matter If this fee does not recur anymore and it is limited to a few bucks or even $50 over a few years, I would FORGET IT. Mainly because the HR administrator may be low level but he/she has a boss. And one day you may have somet...
by Muchtolearn
Mon Sep 10, 2012 5:07 pm
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

One problem that's sort of been glossed over is the fact that if the MM NAV varied, in addition to the risk of loss, each and every check we wrote on the account would become a reportable tax event. That would mean we'd have to keep track of, and report, cost basis on our tax returns, choosing to u...
by Muchtolearn
Mon Sep 10, 2012 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Paying your own disability
Replies: 18
Views: 1241

Re: Paying your own disability

I don't know if it is a different policy. But regardless, this should be food for thought. Disability through an employer's group plan will end when you leave the group. When I needed it, I had my own private policy. Once I didn't need it, I dropped it.
by Muchtolearn
Mon Sep 10, 2012 2:03 pm
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

At the outset, let me make it clear that I meant no disrespect to Mr. Bogle in my NY Times comments, nor did I intend to disparage him. <snip> In my mind, I was simply stating the obvious: Mr. Bogle is outspoken, he challenges the status quo, and he stirs the passion of his audiences. Maybe the wor...
by Muchtolearn
Mon Sep 10, 2012 2:01 pm
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

One comment on a company founder. It is very common in the evolution of a company that the founder is somebody with a great vision as Jack had. Then once companies get into different stages, they tend to get a different type of leader and push out the old leader, as Vanguard did with Jack. They do p...
by Muchtolearn
Mon Sep 10, 2012 1:52 pm
Forum: Personal Consumer Issues
Topic: TV HELP
Replies: 13
Views: 1107

Re: TV HELP

I got a Vizio at walmart 2 years ago. I love it.
by Muchtolearn
Mon Sep 10, 2012 1:50 pm
Forum: Personal Consumer Issues
Topic: Car Insurance/New (used) Car Buying Advice
Replies: 4
Views: 480

Re: Car Insurance/New (used) Car Buying Advice

GEico is fair and reasonable. I just had an issue and they handled it well. Geico has many stations that have contracts with them. You can get all of the estimates you want but the Geico adjustor will make their final decision. And should the totaled cost be less than the repairs, that is what you w...
by Muchtolearn
Mon Sep 10, 2012 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Financing sailing dream
Replies: 9
Views: 1424

Re: Financing sailing dream

OP, sounds like a nice plan and that you enjoy sailing. You cannot get me by the way into a big sailboat on those big oceans. I am afraid of sharks, pirates, storms and the boat flopping over. It seems to me to be a long time to be on a boat and should health problems of any type surface, which happ...
by Muchtolearn
Mon Sep 10, 2012 11:04 am
Forum: Investing - Theory, News & General
Topic: Portfolio Management Software
Replies: 6
Views: 1034

Re: Portfolio Management Software

I write it down on a piece of paper and add one more line each year.
by Muchtolearn
Mon Sep 10, 2012 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio analysis needed
Replies: 8
Views: 1156

Re: Portfolio analysis needed

To be in the 35% bracket with your exemptions and that mortgage your salary has to be over $500,000. Since most of your taxable savings are in munis you will mostly escape the ACA 3.8% surtax on investment income, but next year you'll pay an additional $2,000 in ACA Medicare surtax on your earnings...
by Muchtolearn
Mon Sep 10, 2012 10:50 am
Forum: Personal Consumer Issues
Topic: I think Vanguard should up their Flagship game
Replies: 114
Views: 9625

Re: I think Vanguard should up their Flagship game

They have provided free turbotax for several years for Flagship customers. I cannot really think what more they can give in addition to their low fees, great Flagship reps that are even there on Saturday and the CFPs.
by Muchtolearn
Sun Sep 09, 2012 10:47 am
Forum: Investing - Theory, News & General
Topic: Roll your own diversified fund in taxable?
Replies: 11
Views: 962

Re: Roll your own diversified fund in taxable?

OP, being tongue and cheek you could also cut your taxes by only buying losing stocks. Seriously though do you really think you are qualified to select non-dividend paying stocks that should at least equal the market? There is a reason stocks don't pay dividends, some good and some not so good. Almo...
by Muchtolearn
Sun Sep 09, 2012 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Please help with windfall and asset allocation
Replies: 30
Views: 2950

Re: Please help with windfall and asset allocation

OP, when I was married the second time (thankfully that is over) we had a prenup and the same arrangement as you. Except that my wife used her charms to convince me that my paying most of the expenses meant !! ) Anyway, you mention you file taxes jointly. Given separate finances, separate income str...
by Muchtolearn
Sun Sep 09, 2012 10:36 am
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club
Replies: 60
Views: 8508

Re: 2 Comma Club

I searched but there was a dead link. What is 2 comma club? 1,000,000 Ah, that's what I figured. I was going to say, and will say, congratulations to the OP. I do not know anymore if that is a good milestone or just a step in the right direction. Assets may not yield much if anything for quite a wh...
by Muchtolearn
Sun Sep 09, 2012 10:32 am
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

I am glad the current system is holding or it would make my personal finance life miserable. ... which, in a nutshell, is why we are destined to have another financial crisis. I think money market valuations of a fraction of a penny pale in comparison to other issues that could cause a crisis. Just...
by Muchtolearn
Sat Sep 08, 2012 8:54 pm
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

Well fortunately the board that makes the decision didn't see it Jack's way. It would be a disaster for people who have a decent amount of assets such that they would need a whole bunch of banks to keep cash in to get FDIC. Then those who DCA out of a money market monthly for example into 3 funds wo...
by Muchtolearn
Sat Sep 08, 2012 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: $200 to sign-up for Chase checking
Replies: 17
Views: 2734

Re: $200 to sign-up for Chase checking

Tot me it's not worth it. (I use Chase and I love it.) It's another account to have to deal with.
by Muchtolearn
Sat Sep 08, 2012 1:47 pm
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

The Vanguard spokesman, John Woerth, owes his job to the rabble-rouser who created Vanguard. Had he not, Mr. Woerth could have found his niche at Lehmann Brothers,. His comment in the Times led me to email Vanguard. I had removed most of what I invested in Vanguard money market accounts some time a...
by Muchtolearn
Sat Sep 08, 2012 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Interesting Retirement Plan
Replies: 11
Views: 2884

Re: Interesting Retirement Plan

I wouldn't go near it. Due to a quirk in the SS empl system, for some God foresaken reason, public plans can exclude people from SS. The only reason of course is so that they don't have to pay the match. Why would that be allowed? Regardless, you may not have a great claim on the pension if and when...
by Muchtolearn
Sat Sep 08, 2012 9:45 am
Forum: Investing - Theory, News & General
Topic: VG terms John Bogle a "rabble-rouser"
Replies: 81
Views: 8957

Re: VG terms John Bogle a "rabble-rouser"

Jack is off on this one IMO. Money market funds are critical and if every transaction out of them involved a taxable event it would cause havoc.
by Muchtolearn
Fri Sep 07, 2012 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Contributions - Non-Deductiable
Replies: 11
Views: 999

Re: IRA Contributions - Non-Deductiable

OP, putting it in CDs is irrelevent. The IRA or non-IRA is a wrapper. The investment is independent of that. (You could have a CD in an IRA.)
by Muchtolearn
Fri Sep 07, 2012 4:00 pm
Forum: Personal Consumer Issues
Topic: The DDS vs the Teacher (rant & a lesson)
Replies: 16
Views: 2358

Re: The DDS vs the Teacher (rant & a lesson)

It is hard to imagine how a portfolio of blue chip stocks went down 10 fold. I suspect your father decided to live it up (who can blame him, maybe I should) and spent it all rather than losing it. And your mom didn't. I would not be surprised if that difference was not part of the reason for the div...
by Muchtolearn
Fri Sep 07, 2012 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Quirk in trading violation rules in cash account
Replies: 14
Views: 1434

Re: Quirk in trading violation rules in cash account

One comment. Why are you trying to time this to the millisecond? Why don't you put the money into the money market the same day as the trade or even just have it there before you make the trade. It's not like your bank money market is providing yields without which you would eat cat food? It just ma...
by Muchtolearn
Fri Sep 07, 2012 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning for the Elderly eg trusts to shelter assets
Replies: 3
Views: 599

Re: Estate Planning for the Elderly eg trusts to shelter ass

This is a good area to do some research on. States are going broke from Medicaid expenses. As such they now have Medicaid recovery units. It used to be optional but now the states must seek repayment of every nickel spent for the recipient upon death. So the lawyers have figured out ways around this...
by Muchtolearn
Fri Sep 07, 2012 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club
Replies: 60
Views: 8508

Re: 2 Comma Club

I searched but there was a dead link. What is 2 comma club? 1,000,000 Ah, that's what I figured. I was going to say, and will say, congratulations to the OP. I do not know anymore if that is a good milestone or just a step in the right direction. Assets may not yield much if anything for quite a wh...
by Muchtolearn
Fri Sep 07, 2012 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Another post about CD Rates
Replies: 15
Views: 2894

Re: Another post about CD Rates

$20 a year difference. I wouldn't click anything for that. Why not just buy some CDs from Vanguard?
by Muchtolearn
Fri Sep 07, 2012 11:13 am
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club
Replies: 60
Views: 8508

Re: 2 Comma Club

I searched but there was a dead link. What is 2 comma club?
by Muchtolearn
Thu Sep 06, 2012 8:25 pm
Forum: Investing - Theory, News & General
Topic: How Will You Respond to Bogle's Fixed Income Tilts?
Replies: 52
Views: 5434

Re: Be careful what you hate.

Easy. I hate treasuries. I use intermediate investment grade and I don't need Bogle to tell me. Muchtolearn: Are you aware that at the end of August Vanguard's Long-Term Treasury fund had the highest annualized 1-year and 5-year return of ALL Vanguard bond funds ? Best wishes. Taylor Thanks Taylor....
by Muchtolearn
Thu Sep 06, 2012 7:10 pm
Forum: Investing - Theory, News & General
Topic: How Will You Respond to Bogle's Fixed Income Tilts?
Replies: 52
Views: 5434

Re: How Will You Respond to Bogle's Fixed Income Tilts?

Easy. I hate treasuries. I use intermediate investment grade and I don't need Bogle to tell me.
by Muchtolearn
Wed Sep 05, 2012 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Additional Advisor fees in 403b plan
Replies: 5
Views: 540

Re: Additional Advisor fees in 403b plan

It's likely the advisor splits the fee with the person giving him/her the right to be the advisor. Just speculating on this of course. :confused
by Muchtolearn
Wed Sep 05, 2012 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Is there anything I can do about these fees?
Replies: 6
Views: 946

Re: Is there anything I can do about these fees?

On 100K, it's 0.2%. Look you have the state running something so don't expect minimal costs as the employees and pensions and benefits have to be paid. Short of an armed revolution, which I think happened in Texas well over 100 years ago, you're stuck. Just go with it or don't participate. OK, the ...
by Muchtolearn
Wed Sep 05, 2012 6:54 pm
Forum: Investing - Theory, News & General
Topic: Manager of Vanguard Health Care Fund to retire at year end.
Replies: 37
Views: 2784

Re: Manager of Vanguard Health Care Fund to retire at year e

I know nothing of Mr Owens. Who cares? Like anybody can beat the market anyway.
by Muchtolearn
Wed Sep 05, 2012 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Giving an Employee a gift??? Tax issue
Replies: 27
Views: 2455

Re: Giving an Employee a gift??? Tax issue

It[s just wonderful that non-profits look for ways to avoid taxes on employee compensation. That includes federal, state and local, FICA and medicare. I would discourage this practice and not contribute to it,. In addition to being immoral, it may be illegal. I didn't get the impression that they w...
by Muchtolearn
Wed Sep 05, 2012 6:48 pm
Forum: Investing - Theory, News & General
Topic: Questions About Value Tilting & Real World Results
Replies: 93
Views: 8388

Re: Questions About Value Tilting & Real World Results

OP, why bother? It's a colossal waste of time.
by Muchtolearn
Wed Sep 05, 2012 3:59 pm
Forum: Investing - Theory, News & General
Topic: State pension and asset allocation question
Replies: 46
Views: 3619

Re: State pension and asset allocation question

Petrico, it looks like early retirees have a health contribution but not retirees. Now one thing that is never guaranteed are retiree pensions aside form the contracts. So that has been an easy one for states and localities to go after. There is no chance that a public employee will go through life ...
by Muchtolearn
Wed Sep 05, 2012 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement investments that I don't need
Replies: 10
Views: 1371

Re: Retirement investments that I don't need

I believe OP is saying he DOES NOT need anything from it. I assume it's for heirs or charities. Advice: 1. You are 72 -- pleae make this your final retirement. Life's game does not increase with age. 2. If your really don't need it, then 80/20 would be right, stocks/bonds. But you might. You might e...
by Muchtolearn
Wed Sep 05, 2012 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Is there anything I can do about these fees?
Replies: 6
Views: 946

Re: Is there anything I can do about these fees?

On 100K, it's 0.2%. Look you have the state running something so don't expect minimal costs as the employees and pensions and benefits have to be paid. Short of an armed revolution, which I think happened in Texas well over 100 years ago, you're stuck. Just go with it or don't participate.
by Muchtolearn
Wed Sep 05, 2012 3:48 pm
Forum: Personal Consumer Issues
Topic: Suggested mileage for coolant flush
Replies: 16
Views: 4542

Re: Suggested mileage for coolant flush

I think Toyota usually recommends 100K for a coolant flush (and never for transmission fluid). That is the company. Dealers and mechanics are obviously more frequent. At my Toyota place, I hit 60K at about 7 years of life. So I let them do the coolant then. I would do it at 120K too as you are think...
by Muchtolearn
Wed Sep 05, 2012 3:46 pm
Forum: Investing - Theory, News & General
Topic: What's your estimated portfolio return going forward?
Replies: 46
Views: 3925

Re: What's your estimated portfolio return going forward?

for 50/50 boglehead portfolio, we know the nominal bond return will be about 2%. Nominally, stocks could do between -50% and +100% but realistically over the long term maybe 5%. So that's about 3-4% nominally. Real it is probably about 0-2%.
by Muchtolearn
Wed Sep 05, 2012 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Smart to sell house for loss?
Replies: 25
Views: 3232

Re: Smart to sell house for loss?

OP, you did great. In a month it will be out of your mind and you have acted in a dignified manner and preserved your credit. Well done.
by Muchtolearn
Wed Sep 05, 2012 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Giving an Employee a gift??? Tax issue
Replies: 27
Views: 2455

Re: Giving an Employee a gift??? Tax issue

It[s just wonderful that non-profits look for ways to avoid taxes on employee compensation. That includes federal, state and local, FICA and medicare. I would discourage this practice and not contribute to it,. In addition to being immoral, it may be illegal.
by Muchtolearn
Wed Sep 05, 2012 12:12 pm
Forum: Investing - Theory, News & General
Topic: State pension and asset allocation question
Replies: 46
Views: 3619

Re: State pension and asset allocation question

Illinois is one of a handful of states with a "pension protection clause" in its constitution. It reads "Membership in any pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof, shall be an enforceable con...
by Muchtolearn
Wed Sep 05, 2012 12:06 pm
Forum: Forum Issues and Administration
Topic: hijacker (PWM) - READ THIS
Replies: 130
Views: 13173

Re: hijacker (PWM) - READ THIS

Question: Why are we even dignifying his actions with a response to him? Why couldn't this remain behind the scenes? The tremendous disruption created by this one individual is EXACTLY what he is craving. He is probably getting off on it. Why are we feeding him??? Does anyone here agree that it is ...
by Muchtolearn
Wed Sep 05, 2012 12:03 pm
Forum: Forum Issues and Administration
Topic: hijacker (PWM) - READ THIS
Replies: 130
Views: 13173

Re: hijacker (PWM) - READ THIS

I think attempting to bring criminal charges against this vandal is a worthy goal and would be glad to contribute. But do you think law enforcement would be apt to get on board? I know folks in computer security dept's at large corps and universities who are highly adept at both identifying and get...
by Muchtolearn
Wed Sep 05, 2012 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Pimco's Gross: If I Were an Individual Investor
Replies: 12
Views: 2213

Re: Pimco's Gross: If I Were an Individual Investor

One of the minor points he makes at the end is to diversify internationally. We have had many debates on this. I have followed Jack Bogle's advice and not bothered outside of the US. It's simpler, cheaper and easier tax-wise. That said, what if the US does horribly relative to the world going forwar...