Search found 4183 matches

by inbox788
Thu Dec 14, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 82
Views: 10397

Re: Just not getting it

The thing I keep asking myself when I have thoughts like yours is "how can I be smarter than all those professionals who devote all their time to this?" Active managers generally are smart, well-educated, experienced, have access to more data and company management than I do and this is their full-...
by inbox788
Thu Dec 14, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 48
Views: 2335

Re: Play money individual stocks, which ones?

@inbox788 I'd strongly recommend staying away from DDD or any 3d printing stock that is on the public markets. All the growth in printing is coming from the private markets. Until those IPO, i'd stay away. Thanks for the advice. I doubt I'd be making any individual stock investment, even with play ...
by inbox788
Thu Dec 14, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 5425

Re: Reached 50X annual spending. Now what?

However, I'm not sure what my proper asset allocation should be. I know it's a subjective decision, but I'd also like to know what others here think. I've seen everything from 30/70 stocks/bonds to 50/50. A couple of things to note: I'm 62 years old and actually (and amazingly) just landed a new jo...
by inbox788
Wed Dec 13, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Shift bonds from IRA to 529?
Replies: 4
Views: 350

Re: Shift bonds from IRA to 529?

I don’t consider my 529 plan as being part of my asset allocation or net worth. Certainly if you have reached your goal, adjusting the 529 allocation is reasonable, but I don’t think I would change my retirement account aa. Depending on the size of the 529 compared to your retirement accounts, how ...
by inbox788
Wed Dec 13, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from a CFP to ?
Replies: 4
Views: 346

Re: Moving from a CFP to ?

You have a much better chance of meeting your 5% goal if 20 or 25% of the gains wasn't going to the advisor. On a $1M portfolio, 1% comes to $10, 000/year. Is the tax preparation and what he does worth that much? More, if the portfolio is higher. I figure if I pick a less than optimal portfolio like...
by inbox788
Tue Dec 12, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Cheap tablet just for internet surfing
Replies: 35
Views: 2725

Re: Cheap tablet just for internet surfing

I'm looking to purchase a tablet for my senior parents that will purely just be used for internet surfing and email checking. What do you mean by internet surfing? The characteristics of the internet web sites has changed dramatically and continue to change (some not for the better IMO). It used to...
by inbox788
Tue Dec 12, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 48
Views: 2335

Re: Play money individual stocks, which ones?

I gave up on individual stocks, especially buy and hold large caps. If I were to buy an individual stock, I'd be looking for something that might be the next Amazon or Tesla, but those ships have sailed already (and most of the names listed here as well). If a stock already has a market cap of $50B ...
by inbox788
Mon Dec 11, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Use HSA money now for high medical expenses?
Replies: 5
Views: 583

Re: Use HSA money now for high medical expenses?

41 year old small business owner with wife and two kids. I will have a high-deductible health insurance plan with an HSA in 2018 covering my family. I also have a 4 year old son with Type 1 diabetes. Our medical expenses for our son have always maxed his individual deductible and maximum out of poc...
by inbox788
Mon Dec 11, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: DAF - when is it right to do?
Replies: 17
Views: 1291

Re: DAF - when is it right to do?

True, but the key is "legally enforceable". All of the kinds of "pledges" I have either made or have been asked to make say that they are not "legally enforceable". That is good that you ask. I asked one charity about it and they didn't know. And their pledge card didn't specify if it was or wasn't...
by inbox788
Mon Dec 11, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 67
Views: 2963

Re: Stocks always in taxable for tax efficient investing?

Yet a fair comparison has to assume equal allocations (as in the case of Roth vs. Taxable) So the two cases to compare should be 400 stocks + 100 bonds tax-deferred 300 bonds taxable Vs. 400 bonds + 100 stocks tax deferred 300 stocks taxable And here it is immediate to see that it is the second all...
by inbox788
Mon Dec 11, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: DAF - when is it right to do?
Replies: 17
Views: 1291

Re: DAF - when is it right to do?

A DAF is expert and efficient in all aspects of doing this. For the most part, yes, but this year, I encountered what sounds like a new employee in a large organization who may not be expert or efficient. I've been doing annual appreciated stocks from a major broker the last few years, and I only h...
by inbox788
Sat Dec 09, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 67
Views: 2963

Re: Stocks always in taxable for tax efficient investing?

Don't we care about minimizing the total principal we pay to the gov (i.e. tax rate * tax income)? Lets say bonds yield 2% real, and my marginal rate is 25%. Holding $100 of bonds in taxable brokerage means that I have after one year 100+2*.75=101.5. So my after-tax real growth rate is 1.5% if I ho...
by inbox788
Sat Dec 09, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2582

Re: Espresso Machine suggestions?

Nespresso machine. sale priced. now at nespresso.com. They use capsules like a keurig. Capsules are expensive , but less than store bought latte. I bought it to make latte's but have come to prefer the espresso! Avoid Nespresso. If you drink regularly, the cost of capsules will exceed cost of expen...
by inbox788
Sat Dec 09, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2582

Re: Espresso Machine suggestions?

What is your budget? $500 or $5k or somewhere in between? Fully automatic vs. manual/semi-manual? Answering those questions helps narrow down the choices. From my research, the entry level seems to be around $500 for a semi-manual one like the Breville BES840XL. https://thewirecutter.com/reviews/bes...
by inbox788
Sat Dec 09, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3067

Re: 2000-09 worst decade for large cap stocks in 109 years

Can check this in DFA matrix book https://www.ifa.com/pdf/matrix%20book%202017.pdf Interesting report. Don't understand all those complicated tables, but the World Equity Market Capitalization on page 38 is a very interesting graphic. US 54% - no surprise there AAPL $618B is relatively small compar...
by inbox788
Thu Dec 07, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 31
Views: 3777

Re: Did Capital One 360 Savings raise rates?

APYs are variable and effective 12/7/2017.
https://www.capitalone.com/bank/savings ... /#id_rates

The accounts will probably update when their computer system does their overnight maintenance.
by inbox788
Thu Dec 07, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4216

Re: When Bitcoin blows-up

Seriously, Uncle Sam is probably getting a windfall from all the folks cashing in on Bitcoin. Of course, the reverse will occur when it blows up and they're taking losses or TLH. I doubt old Uncle Sam knows anything about most of the people cashing in on bitcoin. :happy Privacy is one of the advant...
by inbox788
Thu Dec 07, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4216

Re: When Bitcoin blows-up

Bitcoin is blowing up today. If you didn't buy Bitcoin earlier, you would have avoided the fallout. If you did buy earlier, you're now rich. I prefer the fallout. Wow! $19K today! Better get in before it's too late. With $100k, I can buy 5+ bitcoins today and when I sell the at $100k each, I'll mak...
by inbox788
Thu Dec 07, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4216

Re: When Bitcoin blows-up

Nobody I know owns bitcoin. I bought some over the last 2 years. (less than $500) and sold it over the last 6 months. I don't think there will be tons of collateral damage from a potential bitcoin fall. I'm assuming it's coming...but when is another matter. I work at a Fortune 500 manufacturing com...
by inbox788
Wed Dec 06, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Worth it to Amend incorrect CPA prepared tax returns?
Replies: 33
Views: 1842

Re: Worth it to Amend incorrect CPA prepared tax returns?

I had to deal with an issue that crossed tax years. The problem in year 1 was incorrectly corrected in year 2 by my CPA. If you look across both years, it's a wash, but if you at each year individually, and strictly follow the rules, there was a potential for underpayment fees and penalties. Worst, ...
by inbox788
Wed Dec 06, 2017 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 100
Views: 13668

Re: Reached 4M target. Taking money off table. Advice?

My goals for the short term: 1. 50K in 2018 and 2019 for my son's eduction 2. 50K in 2021 and 2022 for my daughter's eduction 3. 3 years (300K) in my cash equivalent fund (vanguard admiral corporate short term bonds) Depending on how you're saving and whether you're transferring the education funds...
by inbox788
Wed Dec 06, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: New Chromebook user, loving it, quick question
Replies: 14
Views: 1537

Re: New Chromebook user, loving it, quick question

You need to be connected to the web, but I use Google Docs for things like this:

https://docs.google.com
by inbox788
Tue Dec 05, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: should I use vanguard's 2 step verification sign in
Replies: 34
Views: 3574

Re: should I use vanguard's 2 step verification sign in

Been using the 2-step verification for a couple of months now. Only issue is that I often forget to have my phone with me when I log in. :D I am not sure if this compromises security, but I use my Google Voice number for the verification code and get it as an email as well as on my phone. Yes, it c...
by inbox788
Tue Dec 05, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for long term care needs
Replies: 6
Views: 776

Re: Investing for long term care needs

We both have long term care policies, but the benefits are limited to $200k each. Is the limit annual or lifetime? What is your premium? You might be in a situation where you have sufficient resources to self insure the LTC. https://www.bogleheads.org/wiki/Long-term_care_insurance https://www.bogle...
by inbox788
Tue Dec 05, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 33
Views: 1559

Re: Running Linux vs Other OS?

Most days my decision is iOS vs ChromeOS vs ChromiumOS.

Try CloudReady and see if it useful for you:
https://www.neverware.com/freedownload/
by inbox788
Tue Dec 05, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life Insurance - Cancel or Keep?
Replies: 9
Views: 907

Re: Whole Life Insurance - Cancel or Keep?

1) it does appear the UL/VUL Whole Life is mucking up the product. Clarity what it truly is and get an in force illustration. 2) Your health doesn't provide you with preferred rates, so that makes your policy more valuable. Term4sale.com quotes around $400/year for 30 year term preferred plus health...
by inbox788
Sun Dec 03, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: BH Volvo XC90 Review
Replies: 20
Views: 2329

Re: BH Volvo XC90 Review

What's not so nice: - We're aware there were quality problems with the new Volvo platform. I've camped out in the Volvo forums for about a year and it seems the 2016 model was the worst. The mechanical/build problems have been resolved through factory changes and the rest have mostly been software,...
by inbox788
Sat Dec 02, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5156

Re: How do I convince my employees to invest more?

I know alot of really smart people (i.e. ivy leaguers) who think 401Ks are a scam for some reason. In a way it has been. It's allowed corporate America to shift from defined benefit plans (i.e. pensions) to defined contribution plans. It's a good think limiting the corporate liabilities, but now th...
by inbox788
Sat Dec 02, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 3660

Re: Should I keep the new iPad I bought or return it?

I use an iPad and Chromebook interchangeably for mostly web browsing. The latter keyboard is more useful when I need to enter a lot of text, but for mainly reading, the lighter iPad is preferable. Unfortunately, both are becoming less desirable to use because the web development has been heading tow...
by inbox788
Sat Dec 02, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 100
Views: 13668

Re: Reached 4M target. Taking money off table. Advice?

Without going off topic I am not convinced that this is covering the inflation rate which is 'supposedly' 2%. But have you looked at the costs for cars, healthcare, real estate? I am not convinced that the reported inflation rate is accurate. I am concerned that a 50/50 or even 60/40 split is not k...
by inbox788
Sat Dec 02, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Million dollar NW poverty in retirement ?
Replies: 11
Views: 2846

Re: Million dollar NW poverty in retirement ?

And isn't the rule of thumb here $2M for a comfortable retirement? Which if the 4% SWR holds, you should remain above the median household annual income. About 10 years ago, if memory serves, it was $1 mil. What'll it be in 2052 is anyone's guess. One million or 2 million is all dependent on you re...
by inbox788
Sat Dec 02, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Million dollar NW poverty in retirement ?
Replies: 11
Views: 2846

Re: Million dollar NW poverty in retirement ?

"there are only two ways to overcome million-dollar poverty, Avallone said: Earn more or spend less." What about moving from high cost of living area to lower one? (i.e. NYC -> FL) It matters plenty if you own your home and whether it's a $200k or $600k neighborhood. And isn't the rule of thumb here...
by inbox788
Fri Dec 01, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 26083

Re: Why not take Social Security at 62

There is nothing wrong with the analysis. What is wrong is the assumption that "total payout by age 85" defines the "best" social security outcome. I consider social security one component of my longevity insurance. It is part of the system I will have in place just in case I live to 95 or 100. Ins...
by inbox788
Fri Dec 01, 2017 3:39 am
Forum: Investing - Help with Personal Investments
Topic: Investing for Cash Flow vs Capital Gains. Which one is better?
Replies: 6
Views: 592

Re: Investing for Cash Flow vs Capital Gains. Which one is better?

Whichever you have to pay lower taxes! Otherwise, it's pretty much the same thing.

Don't underestimate the leverage involved in real estate as well as the business aspects. It's not as passive as investing in a 3 fund portfolio.
by inbox788
Thu Nov 30, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9371

Re: Why should I donate to my alma mater?

I am in higher ed and there's a lot of misinformation (or mischaracterizations at least) floating around here. ... And as far as a factor in you children being admitted based on donations, unless you're Bill Gates, it probably doesn't matter. This is 100% false. Which part? Are you saying that toke...
by inbox788
Thu Nov 30, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Please help with this cost basis nightmare!
Replies: 22
Views: 1734

Re: Please help with this cost basis nightmare!

I only scanned some of the responses, but wanted to point out if it hasn't already been discussed, which is the dividends paid out have already been taxed, so be careful not to pay double tax when you add things up. I made a cost basis error, which in effect caused me to pay taxes when I received sh...
by inbox788
Thu Nov 30, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9371

Re: Why should I donate to my alma mater?

I don't feel bitter about school. In fact, I actually enjoyed a lot of the classes I completed in college. However, I don't romanticize my relationship with my college. My college didn't give me an education out of the goodness of their heart. It was a business relationship. My college educated me ...
by inbox788
Thu Nov 30, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: When to open Vanguard account?
Replies: 14
Views: 924

Re: When to open Vanguard account?

I was wondering pay any tax on it. In that case, I would start from January and skip this year. Opening an account shouldn't trigger any tax consequences. If you buy a fund now, you might get a dividend in 2017, so this alone would make me wait till January so I wouldn't have to worry about tax pre...
by inbox788
Thu Nov 30, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Limiting Income to <$250K for tax purposes
Replies: 20
Views: 2869

Re: Limiting Income to <$250K for tax purposes

I'm confused. What is the point? I infer from the post that your time may be better spent going out there and making more money and not worrying about marginal tax changes. If you top off all the marginal tax rates, you know you're paying the top rate so none of the tweaking is going to do any good...
by inbox788
Thu Nov 30, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: Negotiating used car - Toyota Highlander
Replies: 32
Views: 1916

Re: Negotiating used car - Toyota Highlander

The local dealer came in quickly. I told them I was talking to 2 other dealerships and asked for her best price on the 2016 Highlander I saw on their site. The site price was $27,998. Well, after a few emails, she basically said the $27,998 price was their absolute lowest price and best of luck to ...
by inbox788
Wed Nov 29, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: facing unexpected capital gains - tax loss harvesting options...
Replies: 52
Views: 3259

Re: facing unexpected capital gains - tax loss harvesting options...

I guess you can do this with no risk by taking a long and short position on the same stock. It's a neutral portfolio, until you sell the loser. Then you hold the risk of the winner dropping before you want to sell or can buy back the offsetting position. You could also buy an ETF and its inverse. I...
by inbox788
Wed Nov 29, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9371

Re: Why should I donate to my alma matter?

My reasons: I direct my gift to the departments which I was in which were underfunded, I leave it to their discretion how to spend that money. I also direct funds to a scholarship fund for students. I would not have been able to attend without the scholarship I had, and I want to extend that genero...
by inbox788
Wed Nov 29, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin mining
Replies: 19
Views: 2962

Re: Bitcoin mining

I agree about adding explanatory text - it helps the readers understand the context of the link. :wink: MidwestMike - How is the cost of electricity related to investing in bitcoins? If you want to mine crypto then the cost of electricity is critical. Mining bitcoin consumes real resources like ele...
by inbox788
Wed Nov 29, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8332

Re: Growing Number of Electric Vehicles

They would all have voided warranties. Tesla sells a battery for such usage, but explicitly forbids such use for car batteries. That might change, but I don’t think I’d sign up for it; I’d hate to come home to a drained car. It's just an idea that's been floated if we ever develop such massive port...
by inbox788
Wed Nov 29, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Expecting high income in 2018 ($1m+) looking for advice
Replies: 16
Views: 3156

Re: Expecting high income in 2018 ($1m+) looking for advice

As you know, California has nasty tax laws. Is there any chance you could realistically and legitimately move your business and residence to Nevada? Ralph I'm willing to look into it. I'm assuming that would mean dissolving the CA entity and reincorporating in a new state or is there a mechanism to...
by inbox788
Wed Nov 29, 2017 1:41 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 7844

Re: CNBC says Vanguard says 70% Chance of "Correction"

I don't like Vanguard doing this being that they are so anti timing. It can easily generate panic amongst their customer base. People respect Vanguard and might make an irrational decision based on something like this. I don't think they're taking about the same thing as what I usually understand t...
by inbox788
Wed Nov 29, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to switch from an iPhone to an Android?
Replies: 99
Views: 7615

Re: Is it difficult to switch from an iPhone to an Android?

It is good I saved some bones on my phone, because my better half is insisting on the iPhone X. We all saw that coming :wink: (and I don't blame her) I finally got around to personally taking a look at iPhone X, and I support the choice! It's pretty much a Plus sized screen in a "regular" sized iPh...
by inbox788
Wed Nov 29, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8332

Re: Growing Number of Electric Vehicles

Don’t own one, don’t want to, but I imagine most people charge them overnight. Not exactly peak demand times. I definitely charge overnight, even without rate incentives to do so. I would expect that 95%+ of users also do this; it’s when your car is parked and you do not care if it’s charging. Elec...
by inbox788
Wed Nov 29, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Active to Passive - but how to get there?
Replies: 9
Views: 842

Re: Active to Passive - but how to get there?

- ~200 equities with a combination of ST and LT gains ($3m) - IAU (IShares Gold), VEA, VUG funds ($2m) - CEMFX (Emerging Markets), DBLTX (Doubleline), MIPIX (Asia fund), MIPTX (Asia fund), TTRZX (Templeton Global) ($3m) - Assorted CA Muni Bond Ladder ($2m) Questions: 1. How to unravel the positions...
by inbox788
Wed Nov 29, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: best SUV
Replies: 30
Views: 2730

Re: best SUV

What is the best SUV for families, and 7 places (not minivans) i.e pathfinder, pilot, etc... should I wait for the new Subaru ASCENT??? Yes, information is just tricking out. Looks like a serious option if 4WD is a requirement. You might have to wait 6-12 months for one or pay top dollar if you wan...