Search found 1150 matches

by Raymond
Tue Oct 10, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13793

Re: [Boglehead vs Mr Money Mustache philosophies]

Bogleheads: Can't retire if you have less than $5M because you need to spend $100K/year and you might end up in a Alzheimer's care unit for more than 10 years. MMM: Tell everyone you retired early but start secret businesses repairing/flipping houses and selling soap on etsy. Excellent! :sharebeer
by Raymond
Sat Oct 07, 2017 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11143

Re: Millionaire Next Door (Thank you Bogleheads)

The Millionaire Mind is also a good book. Interestingly, Dr Stanley didn't follow his own advice. He died when he wrecked his new sports car. How did he not follow his own advice? I don't know what his net worth was when he died, but I'm sure he could have easily afforded a 2012 Corvette, which is ...
by Raymond
Sat Oct 07, 2017 12:54 am
Forum: Personal Consumer Issues
Topic: Moving from Northern California to New Ipswich New Hampshire.
Replies: 10
Views: 1427

Re: Moving from Northern California to New Ipswich New Hampshire.

"You can never go home again."

Agree with the recommendations to rent the first year, in case it doesn't work out.

If you have a house in California, you may consider holding on to it until you know where you're going to settle down.
by Raymond
Thu Oct 05, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11143

Re: Millionaire Next Door (Thank you Bogleheads)

Outstanding!!! :sharebeer

Sorry about your mother, but she did raise you well :happy
by Raymond
Thu Oct 05, 2017 12:18 am
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3251

Re: Throwing Down with a Primerica Advisor

Opool8830, welcome to Bogleheads! Why waste any more time and life energy on this person, who very likely does not consider you a friend or even an acquaintance, but a sucker to be fleeced? Do you think that debating her will change her mind? See the Upton Sinclair quote above. This isn't the OK Cor...
by Raymond
Wed Oct 04, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Fender bender -- other driver at fault -- what to do?
Replies: 28
Views: 1663

Re: Fender bender -- other driver at fault -- what to do?

I think you did fine. You may have to front the deductible, but even if you do, your insurance company will recover it from the other driver's insurance company and reimburse you. However, after being rear-ended last year (not my fault), my insurance company (USAA) waived my deductible, which was ni...
by Raymond
Tue Oct 03, 2017 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: FA Offering Financial Instrument--Turn $90K into $360K
Replies: 18
Views: 1803

Re: FA Offering Financial Instrument--Turn $90K into $360K

For some reason, I read the title as "FA Offering Financial Instrument--Turn $360K into $90K" :P

More likely, turning it into zip, zilch, nada, bupkus.
by Raymond
Tue Oct 03, 2017 6:57 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 1644

Re: Visiting Paris - should we buy tickets in advance?

A great article by Rick Steves on credit card fees and avoiding "Dynamic Currency Conversion":

Card Fees (and How to Avoid Them)
by Raymond
Mon Oct 02, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: Looking for advice on an automotive paint job.
Replies: 20
Views: 1198

Re: Looking for advice on an automotive paint job.

Depends on how much you want to spend, and how long you're going to keep the car. As mentioned above, the mass-market chains skimp on the prep work to keep the prices and turnaround time down. You'll have a paint job that "looks good from far but far from good" :P If you have a mechanic you trust, a...
by Raymond
Sat Sep 30, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: Waxing my car!
Replies: 48
Views: 4229

Re: Waxing my car!

Is your wife's car parked in a garage or car port at home?

When possible, keeping the car out of the sun when parked is just as important as washing and waxing.
by Raymond
Sat Sep 30, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 3990

Re: I bought a car without thinking too much about value

I think you did fine, except for the extended warranty that is not needed. I got sold the warranty by the guy using a bit of a scare tactic telling me the average prius repair they see in the shop is $2200 It might be worth it, who knows You could have come back at him by saying, "Oh, so you're tel...
by Raymond
Sat Sep 30, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Would you recommend moving an Edwards Jones IRA to Vanguard?
Replies: 16
Views: 1389

Re: Would you recommend moving an Edwards Jones IRA to Vanguard?

...I opened the EJ account to help out a friend that worked there... So your friend doesn't work there any more? Leave! Yesterday, if that was possible. Even if the friend was still there, I'd move the money anyway :twisted: EJ might charge a fee for you to leave (a last kick in the nuts before you...
by Raymond
Sat Sep 30, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for 22 year old daughter's portfolio?
Replies: 29
Views: 2160

Re: Suggestions for 22 year old daughter's portfolio?

Congratulations to your daughter :sharebeer I think your recommendations are perfectly fine, as are the other suggestions already mentioned. The key thing is the stocks/bonds ratio, and her tolerance for the ups and downs of the stock market. If she can do 100% equities, that's fine. If she might no...
by Raymond
Fri Sep 29, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: How should I should allocate my inheritance
Replies: 17
Views: 1766

Re: How should I should allocate my inheritance

Welcome to Bogleheads! Sounds like you have your head on straight, and you've received great advice on where to put your inheritance. Don't tell anyone other than your parents about the money, otherwise some people may be tempted to ask you for loans (which they never repay) or look at you when the ...
by Raymond
Wed Sep 27, 2017 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24269

Re: I won the Lottery. Need sound advice.

...So, in addition to learning what to do with this windfall, everyone in town now knows that I WON said windfall, which creates some awkwardness about town... Maybe you could deflect any requests for money by telling people you've used the money to pay off debt, and invested everything else in "a ...
by Raymond
Wed Sep 27, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3837

Re: Tax saving strategies for DINKs

Do you have any stocks or mutual funds in taxable accounts you might tax-loss harvest?
by Raymond
Thu Sep 21, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for my 87 year old Dad
Replies: 9
Views: 1090

Re: Advice for my 87 year old Dad

Welcome to Bogleheads! :sharebeer Good move to change to Vanguard - I am assuming your dad is completely on board with all of this, and isn't going to be bummed out if the broker's invitations to go golfing or sailing disappear when the money goes away :? (Bogleheads inside joke, ask Taylor Larimore...
by Raymond
Thu Sep 21, 2017 8:55 am
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24269

Re: I won the Lottery. Need sound advice.

My contribution to this thread: "I feel like my friend just won the lottery..." - Bogleheads.org

Best wishes to the OP and his family.
by Raymond
Fri Sep 15, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Repair 2003 Honda Accord?
Replies: 26
Views: 1745

Re: Repair 2003 Honda Accord?

I replaced my 2003 Accord LX V6 sedan (timing belt) in February of this year with a 2017 LX sedan (4-cyl with timing chain).... Some of those prices seem on the high side to me. You had a lot more problems with your '03 Accord than I've ever had with mine. The only major problem mine had was needin...
by Raymond
Thu Sep 14, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Repair 2003 Honda Accord?
Replies: 26
Views: 1745

Re: Repair 2003 Honda Accord?

I replaced my 2003 Accord LX V6 sedan (timing belt) in February of this year with a 2017 LX sedan (4-cyl with timing chain). The 2003 had 141,000 miles per my logbook, but 50/50 city/highway miles, averaging 22 mpg combined. The 2003 was starting to nickel-and-dime me - per my trusted independent Ho...
by Raymond
Wed Sep 13, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: How much should a part-time RN make in Denver?
Replies: 9
Views: 1220

Re: How much should a part-time RN make in Denver?

Even though the position is part-time, is she eligible for benefits (health insurance, 401k, HSA, etc.)? Fixed schedule or PRN? "How much do you expect to earn?" Hmm, how about.... "One million dollars!" (said in best Dr. Evil voice). Seriously though, the potential employer doesn't have a published...
by Raymond
Tue Sep 12, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5685

Re: Purchasing Home With Girlfriend; Good or Bad?

LeSpy wrote:
Tue Sep 12, 2017 9:55 am
Thanks everyone for your input. There is a lot more to think about than I at first realized.

I probably won't move forward with purchasing a home together with her, we'll see.
Best wishes to both of you, however it works out :happy
by Raymond
Tue Sep 12, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Brother in College Co-Signing w/ Buddy for Duplex
Replies: 41
Views: 3046

Re: Brother in College Co-Signing w/ Buddy for Duplex

Your brother is a smart guy to be bouncing this idea off of you first before diving in :happy In his position, I would pass. You have already covered the reasons to do so - perhaps he could buy an investment property by himself once he gets settled into whatever area he ends up in after graduation, ...
by Raymond
Mon Sep 11, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5685

Re: Purchasing Home With Girlfriend; Good or Bad?

I think the OP isn't going to return to this thread, although he was logged in earlier today :confused
by Raymond
Sat Sep 09, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5685

Re: Purchasing Home With Girlfriend; Good or Bad?

I'm not sure if we're going to get married. That's what YOU think. She recently mentioned that she would like us to buy a home together. She's planning on you two getting married. Hahaha! Exactly! OP, you said this is a "long-term relationship". How many years have you been together? My wife read t...
by Raymond
Wed Sep 06, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Advice re:combined insurance and investment policy
Replies: 16
Views: 1207

Re: Advice re:combined insurance and investment policy

myself11 , welcome to Bogleheads :happy The title of the thread already prepared me for some icky financial product. Be assured, all of us here have had these experiences :( “There are eight million stories in the naked city; this has been one of them.” Just curious, who sold you on the idea of thi...
by Raymond
Tue Sep 05, 2017 8:08 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17069

Re: [Are the Bogleheads] getting less interesting?

Over the years I have been fairly active in a number of forums... Interesting post. It would never occurred to me to delete my own posts. It never occurred to me there may be a small conservative faction as well a far left subforum at Bogleheads. Who knew? I can assure you that there are no such su...
by Raymond
Mon Sep 04, 2017 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance (Day 1)
Replies: 19
Views: 3468

Re: Inheritance (Day 1)

Welcome! Sorry about your father's passing. Agree on paying off the cars and house, also glad to hear you're not going to go nuts buying six Bentley Continentals ($1.2 million / $200,000). Definitely agree with celia 's advice to "zip your lips" about the inheritance - otherswise, all sorts of peopl...
by Raymond
Mon Sep 04, 2017 12:01 am
Forum: Personal Consumer Issues
Topic: Would you rather (car wash/detail)
Replies: 31
Views: 2919

Re: Would you rather (car wash/detail)

If you see them using old ...bath towels ..., run far, far away. I have been hand washing my car for years with an occasional paste wax and once a year clay wipe. I always use car wash soap (never Dawn or any dish washing detergent), but I do dry it with old bath towels. I never noticed an issue. W...
by Raymond
Sun Sep 03, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to break into new field?
Replies: 49
Views: 3332

Re: How to break into new field?

In a different thread, stoptothink posted this about his wife who changed fields (non-profit management to enterprise tech sales).

Good luck!
by Raymond
Sun Sep 03, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 108
Views: 16538

Re: Becoming a Landlord: My Experiences

denovo,

Thanks for the excellent primer on becoming a landlord.

While I am not suited by temperament to invest in hands-on real estate - Vanguard REIT Index Admiral (VGSLX) is more my speed - I now have a better insight into the process.
by Raymond
Sun Sep 03, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: Would you rather (car wash/detail)
Replies: 31
Views: 2919

Re: Would you rather (car wash/detail)

Probably go through basic car wash once ever 2-3'months when it is so dirty if you touch it that you have to wash your hands. Pretty much never wax it. Haven't waxed car in many years. I really question if Wax does any good and possibly wears down the paint faster. Waxed them frquently when younger...
by Raymond
Sun Sep 03, 2017 9:48 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17069

Re: Is Bogelheads getting less interesting?

blueman457 wrote:
Sun Sep 03, 2017 8:55 am

I also participate in the forum because it's a place where I can anonymously ask financial questions and get real answers.
Agreed - I have not found another place where you can get excellent advice from multiple very intelligent people who have no financial stake in your situation.
by Raymond
Wed Aug 30, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: Coyote Defense
Replies: 69
Views: 5222

Re: Coyote Defense

If you feel more comfortable carrying something then think about this instead of baseball bat (https://www.midwayusa.com/product/1152516042/cold-steel-sjambok-impact-tool-kraton-black). I've got a family member who carries one while walking his dog (he had problems in the past with other non-leashe...
by Raymond
Tue Aug 29, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 8192

Re: Relative angry I will not co-sign

The little voice in my head would have said, "Please don't go away mad, just go away." :twisted:

Seriously though, as mentioned above, I would offer help in ways not involving lending money or co-signing loans you will inevitably get stuck paying for.
by Raymond
Mon Aug 21, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advice-Just gave some information to Voice Phisher
Replies: 9
Views: 1180

Re: Advice-Just gave some information to Voice Phisher

Are you sure the person was a phisher?

Have you called USAA (using a number from their website or your bank documents) to confirm if the person was actually a USAA employee?
by Raymond
Sun Aug 20, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16050

Re: Jobs that pay over $100,000

Has the OP (indexonlyplease) returned to this thread? A lot of excellent suggestions here, but we still don't know anything about his/her son, aside from him being in college. We know the OP lives in South Florida, but where does the son go to school? It would be ideal if the OP asks the son to post...
by Raymond
Fri Aug 18, 2017 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16234

Re: Lost $7000 today in ONE DAY!

The most I've lost in one day in the past 12 months was $124,709 on June 9th, 2017. I don't even remember that. You claim you "don't even remember that" and yet you are able to quote the date, and amount, even down to the dollar? Perhaps he has a spreadsheet to track his portfolio, but wasn't aware...
by Raymond
Fri Aug 18, 2017 12:13 am
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4722

Re: Powerball - $510 million?

Lump sum.

If permitted by the lottery rules and your state, claim it anonymously, or with a trust.

If you're not already in an area with a lot of high-net-worth individuals, move to one - what's another millionaire in an area full of them?

Here's a 2012 thread about a lottery winner.
by Raymond
Wed Aug 16, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Xmas bonus for Honorably discharged veterans
Replies: 11
Views: 2185

Re: Xmas bonus for Honorably discharged veterans

Excellent, thanks for the link.

I was verified at VetVerify.org.

Starting 11/11/17, I'll see if the prices are better than Amazon's :happy
by Raymond
Wed Aug 09, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 50
Views: 6689

Re: I pay $6K in rent. Am I an idiot for not buying?

With such a small percentage of your income going to housing, I wouldn't change anything since you are happy where you are. Agreed. OP, enjoy your apartment (that you like a lot), and the beautiful view from it. I like Pajamas' suggestion - telling the "Buy! Buy!" people that you will gladly accept...
by Raymond
Fri Aug 04, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell [Delaware Select Growth Fund DVECX]
Replies: 3
Views: 255

Re: Should I sell [Delaware Select Growth Fund DVECX]

With a load of 1% and an expense ratio of 2%, I personally would have sold those shares off yesterday, and gotten a tax loss as well.
by Raymond
Thu Aug 03, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: 250k in savings. need some advice and a kick in the butt
Replies: 31
Views: 3553

Re: 250k in savings. need some advice and a kick in the butt

Welcome to Bogleheads! As mentioned above, you and your wife are doing really well by maxing out your 401(k) accounts - what mutual funds do you have them invested in, and what kind of expense ratios do they have? Do you get employer matching funds? I agree with just paying off the car loans complet...
by Raymond
Tue Jul 25, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Golfers - need to ramp up ASAP!
Replies: 42
Views: 3819

Re: Golfers - need to ramp up ASAP!

goblue100 wrote:I would offer to drive the cart and drink beer. More fun than playing anyway, IMHO. :)

Golf, a good walk spoiled. - Mark Twain
I was thinking the same thing.

As long as the OP doesn't get so tipsy that he drives the cart into a water hazard :)
by Raymond
Sun Jul 23, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12789

Re: Books not to read.

Anything by Charles Darwin is not on my list... I could have done without David Copperfield. I wouldn't say not to read it, but it seemed sort of like a personal fantasy how he wished he'd overcome the challenges of his own life rather than a any sort compelling or remarkably interesting story. A T...
by Raymond
Sun Jul 23, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Teenager taking out loans to establish good credit
Replies: 24
Views: 1544

Re: Teenager taking out loans to establish good credit

...No. You don't actually have to give the teen the card or even the account number. You're not giving the teen a card. You're putting them on the account. The joke is that now this teenager has this 800 credit score despite never having borrowed money and nobody having any idea whether he is a rel...
by Raymond
Wed Jul 19, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12789

Re: Books not to read.

A book that you must not read: Index Librorum Prohibitorum

"Vulgar little man-hunting minxes"? Sign me up!