Search found 38 matches

by bonglehead
Thu Sep 24, 2020 4:48 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3211

Re: Bogleheads knows how many Echo devices I have

BTW I also got the same response i.e. 3 devices but actually we have 7, so it’s definitely a canned response
by bonglehead
Thu Sep 24, 2020 4:44 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3211

Re: Bogleheads knows how many Echo devices I have

Yep, I got 3 as well, so that explains that. Probably an average of all homes that Echo devices. Now the curious part is, why the reference to Bogleheads? I asked Google Home the same thing. Response had nothing to do with question. So I think if you go to Amazon.com via a link posted on bogleheads...
by bonglehead
Sun Sep 20, 2020 8:30 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 309
Views: 20297

Re: Is anyone waiting until after the election?

I am sitting on a large chunk of cash from the recent sale of my house. I decided to not put all the proceeds to the down payment of our new house (limited it to 20% down payment). I am going to let it sit in cash (abt 25% of my total investments) for some time while I figure out the next steps and ...
by bonglehead
Fri Sep 11, 2020 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 167
Views: 14721

Re: Paying off sub 4% mortgage interest rate early

I recently closed on a fixed 2.5% for 30 yrs and plan to keep making additional principal payments of around $15K/yr. I always wanted a 15yr term but given that the difference between a 15 and 30yr mortgage rate was not much, I decided to go with a 30yr but make extra payments when I can so that the...
by bonglehead
Thu Aug 13, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: An un-bogleheaded question on high end home financing
Replies: 19
Views: 1995

Re: An un-bogleheaded question on high end home financing

All (or most) of the banks’ Private Banking divisions (also sometimes called Wealth Mgmt division) should be able to do that.
We (work for a bank) do such mortgages all the time - when you are a private banking client, the traditional rules/requirements/limits don’t apply.
by bonglehead
Tue Aug 11, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can I still refinance? Refinanced a month ago.
Replies: 17
Views: 2021

Re: Can I still refinance? Refinanced a month ago.

I am in the process of my third mortgage this year on my primary residence, started with 3.4%, then 3.0% and now locked 2.5% (all 30 yr fixed, no cost) I will not hesitate to go for 4th or 5th refi as long as rates keep falling.
by bonglehead
Fri Jun 19, 2020 8:28 am
Forum: Personal Consumer Issues
Topic: Sellers agent not letting me view property without preapproval or "proof of finances"
Replies: 189
Views: 10640

Re: Sellers agent not letting me view property without preapproval or "proof of finances"

We did the same thing when we sold our house 3 weeks ago, we only wanted serious buyers and wanted to limit showings to random people due to the threat of COVID.
We only allowed 4 showings and had 2 full price offers within 2 days of listing.
Good Luck!
by bonglehead
Thu May 14, 2020 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Companies that have a pension and 401k?
Replies: 63
Views: 3677

Re: Companies that have a pension and 401k?

https://benefits.truist.com/retirement.html

Defined benefit Pension plan plus generous 401K (6% match), available to even new employees.
Extremely rare these days.
by bonglehead
Sat May 09, 2020 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10202

Re: $2 million dollar house pre requisites

Edge215 wrote: Sat May 09, 2020 1:40 pm If someone wanted to buy a $2 million dollar house in a HCOLA, what would be the pre requisites needed in order to gain the boglehead Seal of approval ?
Your need about $100MM, which gives $2MM/yr at 2% withdrawal rate, anything less will disqualify you as a boglehead 😎
by bonglehead
Sun Mar 01, 2020 2:46 pm
Forum: Personal Consumer Issues
Topic: TV recommendations?
Replies: 37
Views: 2542

Re: TV recommendations?

Thanks all for your comments - it looks like the LG C9 OLED is the top choice here but it is little expensive so I am leaning towards buy one of the LG OLED and for the other one I may get the Samsung QLED (both from Costco). I will skip the soundbar for now.
Thank you.
by bonglehead
Fri Feb 28, 2020 6:09 pm
Forum: Personal Consumer Issues
Topic: TV recommendations?
Replies: 37
Views: 2542

TV recommendations?

Folks- my 2 plasma TVs are 12 years old and I am planning to replace them, however the choices seem to be daunting (LED,LCD, OLED, QLED etc) and I am woefully un-informed about the new tech in TVs. I am dreading having to do all the research so I am leaning on the collective wisdom of the Bogleheads...
by bonglehead
Tue Dec 31, 2019 4:14 am
Forum: Personal Finance (Not Investing)
Topic: EFC of 59K?! That is more than my net pay
Replies: 227
Views: 12975

Re: EFC of 59K?! That is more than my net pay

Does anyone know if/how the following are accounted for in FAFSA:
  • Deferred Compensation
  • Unvested Stock/RSUs
  • DB Pension
My eldest will be graduating middle school this summer so I thought I had few years to learn the details of this process but maybe I should start now!

Thanks
by bonglehead
Fri Aug 16, 2019 2:15 pm
Forum: Personal Consumer Issues
Topic: UK SIM - Prepaid / Mostly Data
Replies: 5
Views: 427

Re: UK SIM - Prepaid / Mostly Data

I was in UK for 2 weeks last month and I bought these sims for everybody in my family - worked great!! The best part is you can buy them from Amazon here in US so you dont have to waste time looking to buy once u land in UK: https://www.amazon.com/gp/product/B07NLCL9SP/ref=ppx_yo_dt_b_asin_title_o09...
by bonglehead
Fri Jan 25, 2019 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 134128

Re: How much money do you want to retire?

I want $15 million plus social security. I am 44 right now and have saved about $600K so I guess I will have to keep working for another 50 years or so( assuming the market goes up continuously) but then it may to too late to retire. So I am trying to figure out what I need instead of what I want, s...
by bonglehead
Sun Jan 06, 2019 8:45 am
Forum: Personal Consumer Issues
Topic: Who pays for apps?
Replies: 42
Views: 2675

Re: Who pays for apps?

I think you answered the question yourself!
People who value these extra features or who dislike the ads pay for apps. It’s a multi billion dollar industry so there must be millions of people who pay for apps (including myself)
by bonglehead
Fri Oct 05, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Advice on Three-Night English Road Trip
Replies: 30
Views: 2446

Re: Advice on Three-Night English Road Trip

If you want to see a beautiful quaint English village then I recommend Castle Combe (i am sure there are others too). We had rented a car from London to visit Stonehenge and Castle Combe the same day and still had plenty of time to spare.
Good Luck!
by bonglehead
Tue Jul 03, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 132
Views: 16013

Re: Best 401k Employer Match Structure

I work for a top 15 bank and they match 100% of the first 6%. Also there is an optional 0-4% (of salary) that could be added based on company performance. It's been this way for several years since the pension plan was frozen. I think I know where you work, I used to work there too. In addition to ...
by bonglehead
Mon Jun 18, 2018 5:21 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 14868

Re: Which boglehead rule do you break--and are ok with

While all my investments are aligned with boglehead principles (low cost, broad based market index funds with tax efficient placement), almost everything else in my life is un-bogleheadish e.g. frequent eating out, expensive clothing, cars, vacations etc. I have tried to be more frugal, reduce/elimi...
by bonglehead
Sat Jun 02, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 21633

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

I am betting on my daughter graduating high school with >=3.3 GPA and her getting into a GA state university so that her tuition is paid in full by the HOPE scholarship.
I know hope is not a good strategy but thats all I have right now! 8-)
by bonglehead
Tue Jan 30, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 53
Views: 6101

Re: A "Home" cell phone?

For those of you who subscribe to Comcast/Xfinity, the cell service from Xfinity is free for talk and text ( you just pay some minimal taxes), so it does provide an inexpensive option for those who want to consider a ‘Home’ cell phone. Now that they offer BYOD, you may be able to use an old cellphon...
by bonglehead
Tue Jan 23, 2018 5:58 pm
Forum: Personal Investments
Topic: Another Deferred Compensation Question
Replies: 3
Views: 726

Re: Another Deferred Compensation Question

Thanks ‘Wagnerjb’ and ‘Spirit Rider’ for providing the clarification.
This forum is amazing... when google fails, Bogleheads delivers!!
by bonglehead
Mon Jan 22, 2018 9:27 pm
Forum: Personal Investments
Topic: Another Deferred Compensation Question
Replies: 3
Views: 726

Another Deferred Compensation Question

Fellow Bogleheads! I am probably going to be eligible to participate in deferred compensation plan (NQDC) offered by my employer very soon and I trying to weigh in on all the pros and cons of this program - I have learnt a lot by reading previous thread on this topic but I wasnt able to find an answ...
by bonglehead
Sat Dec 16, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Best place to get a Suit
Replies: 21
Views: 2330

Re: Best place to get a Suit

I wear suit and tie everyday and I get all my suits from Suit Supply, great fit, selection and prices. Also they don’t do sales/promotions so you can buy whenever you need..
Unfortunately they don’t have many locations in US but if there one nearby, I highly recommend checking them out.
by bonglehead
Sun Jul 16, 2017 3:35 pm
Forum: Non-US Investing
Topic: UK: Investing Cash lying in an LLC
Replies: 2
Views: 395

Re: UK: Investing Cash lying in an LLC

Thanks Valuethinker- this is very helpful. You seem to know quite a bit more than I do on this topic, will PM you for the accountant reference.
by bonglehead
Sat Jul 15, 2017 2:18 pm
Forum: Non-US Investing
Topic: UK: Investing Cash lying in an LLC
Replies: 2
Views: 395

UK: Investing Cash lying in an LLC

Hello- I am looking for some help for my relative who is settled in UK. He and his wife both are doctors with NHS and they also have side income from private practice (they have set up an LLC for the private practice). I am not familiar with U.K. Tax laws but I understand that it's not easy to "extr...
by bonglehead
Wed Jun 14, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: How many tech devices do you have?
Replies: 74
Views: 7969

Re: How many tech devices do you have?

For a family of 3 (2 adults and a 11yr old)
3 iPhones
2 iPads
3 Windows Laptops
1 Desktop PC
1 PC on a Stick
1 Apple TV
1 Chromecast
1 PS4
1 XBOX 360

I want to buy few more but the BOSS will kill me!
by bonglehead
Thu May 11, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 9928

Re: What newspaper or magazine do you pay for?

There are some inexpensive WSJ subsriptions for sale on eBay. I recently bought one and I am very pleased to see that my annual subscription expense has dropped from about $360/yr to about $60/yr. I believe they have it for free on rewardsurvey. I have to go through a questionnaire to check but I be...
by bonglehead
Thu Apr 06, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: How to buy a car with a Lightstream loan?
Replies: 10
Views: 6168

Re: How to buy a car with a Lightstream loan?

It has been a long time since I had a car loan but I am 99.999% sure that the lender will not give you a check to put into your account since you could just run off with the money. That is exactly how it works with Lightstream Auto loan- they put the money in your account- you can then go buy whate...
by bonglehead
Sat Jun 18, 2016 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone heard of United World Colleges?
Replies: 20
Views: 2227

Re: Anyone heard of United World Colleges?

Thanks for your responses, currently I am overseas on vacation and my friend here had mentioned about it. I knew it's a kind of high school/prep school and not a real college, but it was implied that most of the kids from this school go on to attend prestigious universities (Harvard/Princeton etc).I...
by bonglehead
Sat Jun 18, 2016 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone heard of United World Colleges?
Replies: 20
Views: 2227

Anyone heard of United World Colleges?

Yesterday I learnt about United World Colleges from an acquaintance and I was surprised to hear him say exceptional things about them. I am still not convinced that UWC can be as great as this person made them out to be (simply because I had never heard about it), I would like to hear what my fellow...
by bonglehead
Fri Jun 03, 2016 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Career path and cost of living.
Replies: 63
Views: 10016

Re: Career path and cost of living.

I used to live in Dallas, TX making about $150k and had to decline a job offer in San Jose that had a 50% bump in pay, the cost of living is way too high there. However in few months I found another job in Atlanta with similar 50% bump in salary and now I am in Atlanta and loving everything here. It...
by bonglehead
Wed Oct 29, 2014 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to San Francisco - Advice?
Replies: 23
Views: 2895

Re: Possible Relocation to San Francisco - Advice?

Just so you know I was recently offered a job in San Jose with 50% bump from my current salary in Dallas,TX but after looking at everything (cost of living was a major factor), I decided to decline the offer and stay in Dallas. Your mileage might vary.
by bonglehead
Thu May 29, 2014 7:41 pm
Forum: Personal Consumer Issues
Topic: Credit card "payment networks"--how many are there, e.g Amex
Replies: 18
Views: 4213

Re: Credit card "payment networks"--how many are there, e.g

I would like to add that 'Payment Networks' can mean credit card or debit card processing networks. While most of the replies have mentioned the credit card networks (Visa, MC, Amex etc), the debit card networks are much more in number (most folks don't know or notice) and probably process more tran...
by bonglehead
Tue Apr 08, 2014 8:58 pm
Forum: Investing - Theory, News & General
Topic: If trading is a losing game, how do you explain prop firms?
Replies: 38
Views: 4730

Re: If trading is a losing game, how do you explain prop fir

I think its fair to say that trading is a losing game for most people but there are exceptions though extremely rare. One such example is Jim Simmons of Renaissance Technology (a hedge fund) fame, he has NEVER lost money in his hedge fund and now I think his firm has returned all their clients' mone...
by bonglehead
Mon Feb 18, 2013 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially in your late twenties?
Replies: 191
Views: 18481

Re: Where were you financially in your late twenties?

In 2003 when i was 28, i packed up my bags from my home country and left for US with savings of about $84K , and spent it enitrely in the next 18 months at my bschool while pursuing MBA.
Now I am 38 , well settled and I think I am doing all right now but probably need to save little more!
by bonglehead
Fri Oct 19, 2012 10:28 pm
Forum: Personal Consumer Issues
Topic: any recommended books to learn about Civil War
Replies: 59
Views: 4304

Re: any recommended books to learn about Civil War

Thanks all for your suggestions, really appreciate it. I have a good list of books and some movies/documentaries and thats exactly what I was looking for. I am going to start with 'Battle Cry of Freedom: The Civil War Era' by James M McPherson , of course after I finish reading 'The Bogleheads' Guid...
by bonglehead
Fri Oct 19, 2012 9:27 am
Forum: Personal Consumer Issues
Topic: any recommended books to learn about Civil War
Replies: 59
Views: 4304

any recommended books to learn about Civil War

Hello All, Can anyone please recommend any good book(s) that we (recent immigrants to this wonderful country) can read to learn about the Civil War and other aspects of the American History (we watch the History channel at lot!). Of course there is plethora of information (online, books, journals) a...