Search found 1183 matches

by Raymond
Sun Jan 21, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer money to family members to take advantage of lower tax rates
Replies: 17
Views: 1371

Re: Transfer money to family members to take advantage of lower tax rates

First of all, they would blow through the zero bracket quickly. Second, what you are describing is a sham transaction and would be ignored by the IRS. OP, the recipient of the gift inherits your cost basis for capital gains purposes. If I understand it correctly, let's say you gifted stock worth $1...
by Raymond
Sat Jan 20, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Greetings from the Midwest
Replies: 3
Views: 602

Re: Greetings from the Midwest

Welcome to Bogleheads! :sharebeer Congratulations on your investments and living within your means - I think Dave Ramsey has great advice for getting out/staying out of debt, but you'll get better investing suggestions on this board. To get more visibility and more accurate suggestions from the "hiv...
by Raymond
Mon Jan 15, 2018 1:30 am
Forum: Investing - Help with Personal Investments
Topic: Family death, house for sale, under-valued.
Replies: 19
Views: 2399

Re: Family death, house for sale, under-valued.

It's up to you, but I personally would not buy this specific property due to all the work needed; the potential for strife between extended family members is just a bonus.

But then I'm a chicken that way :P
by Raymond
Sat Jan 13, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 142
Views: 8349

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

^^ The contest entry window closed at 12 midnight ET on January 10, 2018.
by Raymond
Sat Jan 13, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: Costco laminate flooring
Replies: 7
Views: 1280

Re: Costco laminate flooring

Where are you installing the flooring? If it is anywhere water flooding might be a problem - laundry room, bathroom, kitchen - I would absolutely go for vinyl plank (or ceramic/stone tile) over laminated flooring. I don't know what I was thinking when I had laminate installed in the master bath and ...
by Raymond
Sun Jan 07, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Should I invest all right now? (1.4M, 34 yrs)
Replies: 22
Views: 3766

Re: Should I invest all right now? (1.4M, 34 yrs)

Welcome to the Bogleheads! It's difficult to make any suggestions, because we don't have enough information. You said you're treating this as a pension. That implies you're earning money by currently working - what Federal income tax bracket are you in? Did you save this money (taxable, traditional ...
by Raymond
Sun Jan 07, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: "Sharing" Internet/WiFi with neighbors?
Replies: 38
Views: 2301

Re: "Sharing" Internet/WiFi with neighbors?

...As to liability, it's possible for the ISP to try to blame you, but it's been proven in court that IP does not equal identity. It's just a starting point for police investigations That is true, but I would not like to be "a starting point for police investigations" if a neighbor I was sharing th...
by Raymond
Wed Dec 27, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Would you sign a non-compete for a side-gig consulting agreement?
Replies: 44
Views: 2160

Re: Would you sign a non-compete for a side-gig consulting agreement?

With the restrictions stated by the OP, I would say:

"No way I'm going to sign that, eh. Take off, hosers!"
by Raymond
Sun Dec 24, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: how to "know" what asset allocation is right? (crypto windfall)
Replies: 39
Views: 4921

Re: how to "know" what asset allocation is right? (crypto windfall)

Welcome to Bogleheads and congratulations on your success :sharebeer As mentioned above: "Loose lips sink ships". Or, "“Never miss a good chance to shut up” (attributed to Will Rogers). Consider umbrella insurance to protect your assets. Do you have debts (student loans, mortgage, car loans, credit ...
by Raymond
Mon Dec 18, 2017 1:04 am
Forum: Investing - Help with Personal Investments
Topic: Just received an inheritance. Need to get financial life in order.
Replies: 14
Views: 2616

Re: Just received an inheritance. Need to get financial life in order.

Sorry about your mother's passing. About your inheritance - in Montana, as in most (all?) states, what you inherit during your marriage is your separate property, unless you commingle it with your spouse's property. You may consider transferring your inherited property into accounts bearing only you...
by Raymond
Sat Dec 16, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17298

Re: Buying Real Silver and Gold (Not Bitcoin)

Sales taxes on precious metals, coins and paper money vary by state:

https://thecoinologist.com/sales-tax-st ... breakdown/
by Raymond
Thu Dec 14, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17298

Re: Buying Real Silver and Gold (Not Bitcoin)

Some online calculators for silver and base metal U.S. coin values:

http://www.coinflation.com/coin_calculators.html
by Raymond
Sun Dec 10, 2017 10:51 pm
Forum: Personal Consumer Issues
Topic: Silicone Rings
Replies: 12
Views: 1596

Re: Silicone Rings

My electrician DH and I wear Saferingz. I like the look of their "platinum" model, and I appreciate that they are made in the USA by a family business. My first ring from them lasted for three years of daily wear, but I've had to replace DH's more often. They threw in two extra rings and a nice not...
by Raymond
Sun Dec 10, 2017 12:35 am
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 2571

Re: What MPG App Do You Use To Track Fuel Usage ?

+1 for Fuelly.

What I find even more useful is keeping a maintenance log - date, work performed (oil/brake fluid/transmission/coolant fluid changes, tire rotations, cabin and engine air filter changes, battery replacement, etc.), cost, and odometer reading.
by Raymond
Sun Dec 10, 2017 12:21 am
Forum: Personal Consumer Issues
Topic: Cost to ship a car internationally
Replies: 8
Views: 685

Re: Cost to ship a car internationally

I think it would be easier for him just to sell the car in Qatar and send her the money :happy Does your wife even want a five-year old car which likely does not meet U.S. requirements, will cost around $5800 to ship (see "Ship Your Car To Or From Qatar" , I think that's to a U.S. port), and may be ...
by Raymond
Fri Dec 08, 2017 1:59 pm
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3749

Re: Please suggest a dry hands product

Sandtrap wrote:
Fri Dec 08, 2017 10:40 am
Turning up the humidifier in the house helps a bit. But I have a similar problem in winter because of the dryness.
I have chemical and smell issues. Are there any that are zero fragrance and solvent free?
j :D
Perhaps this might work for you?

Vanicream™ Moisturizing Skin Cream
by Raymond
Tue Dec 05, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 6716

Re: Dad Needs Help Buying Wedding Liquor

As above: - Simplify the list - you might even consider cutting it back to soft drinks, beer, wines, and two signature drinks. - Will you have a bartender? Have him/her start restricting drinks from people who are drunk. - How many hours are you going to booze up your guests? Looks like a total of s...
by Raymond
Mon Dec 04, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 8893

Re: Can I afford a $1,400,000 house

Often in these posts the person asking the question already has an answer in mind, any advice that matches their preconceived answer they will listen to and any advice that contradicts it they will dismiss. OP hasn't posted in a week. Is probably muttering, "Those cheap bastard, Toyota-driving resi...
by Raymond
Mon Nov 20, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 36
Views: 2971

Re: Collection agency calls intended for another person:

Very interesting responses that are all quite similar, but very surprising. Fraud affects the prices we pay for things, as does not paying one's bills. Tim That may be, but the collection agency is not part of the solution. If I default on my Chase Visa, Chase writes it off as bad debt and sells th...
by Raymond
Fri Nov 17, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 6111

Re: My dad's army jacket

You may be doing something illegal if you were to wear the uniform in public. I am not an expert on this, but it doesn't feel right to me. I would not do it. This isn't illegal . It's your jacket, wear it if you like. The 2005 law was replaced with the revised Stolen Valor Act of 2013 , signed into...
by Raymond
Thu Nov 16, 2017 5:27 pm
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 39
Views: 5082

Re: Chain of command

Start looking for another job. When you leave, drop a dime to the board, donors, IRS, FBI, the NSA and (most importantly) the CFO's spouse/significant other :twisted: Hmm... the CFO, the admin assistant and the bookkeeper? To expand on livesoft's comment, maybe it's not just a two-some :shock:
by Raymond
Sat Nov 11, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 10011

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I'm sure this person has enough creativity to satisfy a reasonable definition of the word: "Why I Wear The Exact Same Thing to Work Every Day" - Harper's Bazaar ----- I wear dark blue scrubs to work, so that's taken care of. Non-work wear: Gray or black Land's End T-shirts, Wrangler cargo khakis. No...
by Raymond
Thu Nov 09, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Scooter insurance for a 20 year old college student
Replies: 22
Views: 1380

Re: Scooter insurance for a 20 year old college student

A car is much safer compared to a scooter. Maybe a used Honda Civic and minimum insurance? +! OP, the high rate is likely due to his age and increased likelihood of injury on a scooter. The $819 quote is probably the insurance company's way of saying, "We don't really want to insure your son on a s...
by Raymond
Thu Nov 09, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: How to buy a new car with a trade-in.
Replies: 24
Views: 1716

Re: How to buy a new car with a trade-in.

I separated the two transactions earlier this year - sold my old car to Carmax (although you might find it worthwhile to sell it yourself), and bought a new car elsewhere.

Less chances of dealer shenanigans this way.
by Raymond
Thu Nov 09, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Lending Money to Business Acquaintance
Replies: 17
Views: 1398

Re: Lending Money to Business Acquaintance

Either make it a gift, or pass on this.
by Raymond
Thu Nov 02, 2017 7:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or Not - Get One? How did you choose?
Replies: 137
Views: 7895

Re: To Avatar or not to Avatar . . how did you choose or not choose?

I've always admired Dürer's works, particularly this one.

Plus I couldn't fit Bosch's The Last Judgment in the alloted space :P
by Raymond
Thu Nov 02, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 93
Views: 7865

Re: Spam calls to cell phone...

Not much - the calls are computer-generated (often overseas), and the callers don't care about do-not-call lists.

I just let all calls from numbers I don't recognize go straight to voice mail, then block them using the cell phone options.
by Raymond
Thu Nov 02, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Robert Prechter, Elliott Wave theorist, Fox Business today
Replies: 24
Views: 2018

Re: Robert Prechter, Elliott Wave theorist, Fox Business today

Neil Cavuto had Robert Prechter on Fox Business today (yeah, I know, "financial porn"). Anyway, he's predicting a big recession using his Elliott Wave theory... Thoughts? As a special favor to you, I will tonight gut an owl and read its entrails. You'll know by tomorrow what I found out about the f...
by Raymond
Mon Oct 30, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: Sunscreen: use it all the time? (And what's a good one w/o sting?)
Replies: 58
Views: 3851

Re: Sunscreen: use it all the time? (And what's a good one w/o sting?)

Furthermore, exposure to UV radiation is cumulative; unfortunately most of our sun damage comes when we're <20 (myself included). So, if one were >50, how much help would embracing a consistent sunscreen application program actually provide if the majority of the damage is already done and has been...
by Raymond
Mon Oct 30, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Buying a Home in a 500 year Flood Plain
Replies: 32
Views: 1803

Re: Buying a Home in a 500 year Flood Plain

Yes. Flood insurance is a waste of money unless you are IN an actual flood zone. Unless the flood map is out of date, or developers have convinced the local government to manipulate the data, and so on. "Study Finds FEMA Flood Maps Missed 75% Of Houston Flood Damage Claims Between 1999 And 2009" - ...
by Raymond
Mon Oct 30, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 2083

Re: Inheritance and Joint account with Siblings

Either ask your parents to keep the money, or split it between the siblings per option #1.

Anything else is just adding the potential for drama for no good purpose (as far as I can see).
by Raymond
Tue Oct 10, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16310

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: 11973

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: 1607

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: 11973

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: 49
Views: 4452

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: 1926

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: 1996

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: 1946

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: 1348

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: 4651

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: 4429

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: 1602

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: 2461

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: 1933

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: 26054

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 ...