Search found 1371 matches

by Raymond
Thu Jun 13, 2019 12:11 pm
Forum: Personal Investments
Topic: DIY for UHNW
Replies: 41
Views: 2832

Re: DIY for UHNW

Congratulations! +1 to fabdog's post. I can only imagine the gnashing of teeth and wailing at your advisor's office when you pull your money from their management. Out of curiosity, what do they have your money in currently? Aside from the estate planning attorney and the tax adviser, consider umbre...
by Raymond
Wed Jun 12, 2019 10:38 pm
Forum: Personal Investments
Topic: Inheritance quadrupled my portfolio--I need advice
Replies: 13
Views: 2952

Re: Inheritance quadrupled my portfolio--I need advice

Random thoughts: With the inherited money, could you hold off taking SS until age 70? How is your health? Do you race motorcycles or pick fights with people in bars? :P Consider putting the cash into a CD ladder or a municipal bond fund such as Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shar...
by Raymond
Sun Jun 09, 2019 5:34 pm
Forum: Personal Consumer Issues
Topic: Gift for niece who is graduating as a Physician Assistant.
Replies: 33
Views: 3081

Re: Gift for niece who is graduating as a Physician Assistant.

I find the responses here interesting. I posted a similar question here several years ago, when a niece was throwing a party to celebrate graduating with a Masters in Physical Therapy. Almost unanimously, Bogleheads told me that a gift was not really appropriate for a graduate degree. Ralph That's ...
by Raymond
Sun Jun 09, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: Apple - Old Product Boxes - Keep or Dispose?
Replies: 48
Views: 6117

Re: Apple - Old Product Boxes - Keep or Dispose?

Feedback please and thoughts! I keep my boxes and regift them during the holidays with other things packed inside. It always brings a lot of excitement to opening up presents. "Golly, lthenderson ! A new Apple [product]? I've always wanted a new..." opens box "...fruitcake." [Edit] You might find t...
by Raymond
Fri Jun 07, 2019 7:19 pm
Forum: Personal Consumer Issues
Topic: Gift for niece who is graduating as a Physician Assistant.
Replies: 33
Views: 3081

Re: Gift for niece who is graduating as a Physician Assistant.

Herekittykitty wrote:
Fri Jun 07, 2019 6:38 pm
... The White Coat Investor. If You Can. Gift Card to Figs. Restaurant gift card. All of these will fit nicely into a gift bag.
+1
OP, congratulations to your niece! :sharebeer
by Raymond
Mon May 27, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning question risk of DNA services with half brother relatives filing against estate
Replies: 48
Views: 3866

Re: Estate Planning question risk of DNA services with half brother relatives filing against estate

...I do have a share great, great, great, great grand parent, which I am toying with the idea of reconnecting. This does not mean in the future they won't attempt to connect... You do as you please, but I would not bother connecting with them, when they know or care as much about you as they would ...
by Raymond
Mon May 27, 2019 4:13 pm
Forum: Personal Consumer Issues
Topic: Thoughts on buying cars?
Replies: 12
Views: 1884

Re: Thoughts on buying cars?

OP, for the reason already mentioned above (slow depreciation), I would just buy a new Camry, Corolla or Civic and be done with it. ...I don't worry about my tires getting stolen or people stealing my car because there are always much better ones around. Don't be too sure that thieves won't want you...
by Raymond
Fri May 17, 2019 2:40 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6239

Re: Why do plumbers get paid so well?

Thesaints wrote:
Fri May 17, 2019 2:25 pm
A google engineer makes close 200k at start. Why are they paid so well ?
And a good plumber contributes much more to society :happy
by Raymond
Thu May 16, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Quick help - mother bought some "fixed annuities" I have no clue what they are
Replies: 5
Views: 837

Re: Quick help - mother bought some "fixed annuities" I have no clue what they are

How did she decide to buy this in the first place?

Did some helpful soul recommend it?
by Raymond
Thu May 16, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Reservations about job offer
Replies: 65
Views: 4099

Re: Reservations about job offer

They may also have internal department candidates who applied for the promotion and anticipate some department morale issues by hiring someone as a lead without lead experience from the outside rather than promoting from within. In either case, if it were me, I would push back to say no unless it’s...
by Raymond
Tue May 14, 2019 10:42 pm
Forum: Personal Consumer Issues
Topic: What is this collection device?
Replies: 12
Views: 1944

Re: What is this collection device?

OP, you're in Melbourne, Australia, correct?

Maybe a flying wombat trap :P
by Raymond
Mon May 13, 2019 11:37 am
Forum: Personal Investments
Topic: What is best S&P Investment Vehicle?
Replies: 8
Views: 762

Re: What is best S&P Investment Vehicle?

Here you go: Fidelity® 500 Index Fund (ER 0.015%) Schwab® S&P 500 Index Fund SWPPX (ER 0.02%) Vanguard S&P 500 ETF (VOO) (ER 0.03%) iShares Core S&P 500 ETF (0.04%) NOT this: Rydex S&P 500 Fund (different class shares) RYSOX (Class A shares): ER 1.58% + max sales charge of 4.75% RYSYX (Class C share...
by Raymond
Mon May 13, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage or Pay Cash
Replies: 21
Views: 2204

Re: Mortgage or Pay Cash

I would expect more questions here on the cost of house. +1 OP, unless your father just really, really wants this house (location, nearby friends, space for hobbies, etc.) are there alternatives to him purchasing the $469,000 house? A less expensive house? If he plans to travel frequently or visit ...
by Raymond
Sun May 12, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 76
Views: 23481

Re: Anyone else decided not to finish med school?

My younger sister graduated from medical school about fifteen years ago, but bailed out in her first year of her pediatrics residency. She was suffering from ulcers and depression, worrying about if she was going to kill or injure a child through either errors of commission or omission. It didn't he...
by Raymond
Sun May 12, 2019 2:18 pm
Forum: Personal Consumer Issues
Topic: (solution found) caps fail on med creams/ointments
Replies: 5
Views: 535

Re: caps fail on med creams/ointments

With one set of threads usually metal, and one set being plastic, it's fairly easy to misalign the threads and then damage the plastic cap threading. This is called cross-threading. One thing you can do is turn the cap the wrong way at first. When the tails of the male and females threads run past ...
by Raymond
Sun May 12, 2019 1:55 pm
Forum: Personal Investments
Topic: Meeting with broker need help
Replies: 24
Views: 2194

Re: Meeting with broker need help

I inherited the broker from my parents along with their portfolio. I owe him the courtesy of a meeting, if only to say good bye. As mentioned above, you don't owe him squat. He's already been well-compensated over the years by "managing" your parents' portfolio. Let Vanguard PAS (or whichever lower...
by Raymond
Fri May 10, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 204
Views: 16411

Re: Crypto bulls are back. Are you getting in?

If you can trust someone ---as in say Coinbase --to do all this on your behalf, then theoretically you can trust a bank, a government, an institution to do all this for you, and that---defeats the purpose of bitcoin. Today I learned, I cannot view the balance of my bitcoin, as I've never downloaded...
by Raymond
Tue May 07, 2019 4:42 pm
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13561

Re: I tried to fire my financial advisor of 12 years today...

Just got off the phone with Vanguard. So easy. Only took 20 minutes. They're able to transfer everything in kind. They offered all of the funds I had with Raymond James, so it was really painless. I feel a huge sense of relief! Excellent! :sharebeer After everything has transferred over, please don...
by Raymond
Fri Apr 26, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: Should I apply wax on vintage items?
Replies: 9
Views: 1059

Re: Should I apply wax on vintage items?

I've used Renaissance Wax on my vintage firearms for several years without any problems, on metal, wood and Bakelite parts. No mold growth or rust. Do a test application on inconspicuous spots first, using a very thin layer. Too much will leave a white residue, which may not buff out, depending on t...
by Raymond
Fri Apr 26, 2019 11:52 am
Forum: Personal Investments
Topic: The journey of the long lost stock
Replies: 15
Views: 1306

Re: The journey of the long lost stock

If it would take too much work to determine the purchase date and price, you could just state a cost basis of zero.

Or, as above, donate it to charity.
by Raymond
Fri Apr 26, 2019 10:30 am
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 61
Views: 6623

Re: Fire my financial advisor now or later? (recent windfall help needed)

Initiated the transfer to Vanguard yesterday and already have 2 voicemails on my phone from Merrill Lynch.... gonna have to stay strong and stick to my guns! Excellent. Quick and clean. Do not return the phone calls, block the number. If you feel you want to give any explanation, email the FA stati...
by Raymond
Thu Apr 25, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2
Replies: 13
Views: 551

Re: 1099 vs W2

Does the part-time job pass the IRS tests for employee vs. contractor designation? "Understanding Employee vs. Contractor Designation" - irs.gov Among other things, does she set her own hours, or will the employer specify when she has to be at work? Can she do her work duties in her own way, or will...
by Raymond
Tue Apr 23, 2019 9:03 pm
Forum: Non-US Investing
Topic: 250k investing sum and no idea what to do with it. [Singapore]
Replies: 15
Views: 1570

Re: 250k investing sum and no idea what to do with it.

Nothing about that is good. I am a really inexperienced investor- can you explain why? The fund is managed by a family friend working for an investment firm. 3% front load then 1.48% each year? A family friend, you say? I'd hate to see your family enemies. ----- Mr_Alex above has excellent points.
by Raymond
Fri Apr 19, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for College Freshman
Replies: 50
Views: 2096

Re: Best Credit Card for College Freshman

Are you sure he doesn't already have a good credit score by being an authorized user on your card? I placed my oldest child on three of my cards as an authorized user four years ago as a college freshman, and she has an 800+ score. Perhaps he might start a Credit Karma account to see what's on his r...
by Raymond
Tue Apr 16, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Parents added siblings and I to house title, possible to undo without negative consequences?
Replies: 37
Views: 1618

Re: Parents added siblings and I to house title, possible to undo without negative consequences?

In addition to the concerns mentioned above, what about the potential for sibling strife when you all inherit?
by Raymond
Tue Apr 16, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: My life insurance company wants to "help me save money"
Replies: 26
Views: 2277

Re: My life insurance company wants to "help me save money"

How old are you and your wife? Do you have children or other people who are dependent on you? Do you have enough financial assets that if one of you were to die before the other, the survivor would not be placed in a difficult situation? Depending on your situation, you may not even need term life i...
by Raymond
Sun Apr 14, 2019 5:52 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 65
Views: 7472

Re: Buying nightguards (teeth grinding)

If you're having problems with teeth grinding and snoring, you might consider the possibility of sleep apnea:

"The Link Between Sleep Apnea and Teeth Grinding" - National Sleep Foundation
by Raymond
Wed Apr 10, 2019 2:40 pm
Forum: Personal Consumer Issues
Topic: Seeking ideas for name of Project
Replies: 27
Views: 739

Re: Seeking ideas for name of Project

How about "[company name] API Management Platform"?

Either that or "Adepta Sororitas API Dominator".
by Raymond
Wed Apr 10, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Future Wealth (Wealth Potential)
Replies: 20
Views: 1978

Re: Estimating Future Wealth (Wealth Potential)

Do you own a house, and if you do, what percentage of your $250,000 net worth is that (subtracting any mortgage, of course)?
by Raymond
Thu Mar 28, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8883

Re: Tattoos and Bogleheads

sawhorse wrote:
Thu Mar 28, 2019 12:26 pm
bottlecap wrote:
Thu Mar 28, 2019 11:43 am
Technically, I have several tatoos I received involuntarily. The inspiration was "not dying."
:confused How were you tattooed involuntarily?
Google "radiation therapy port marks."
by Raymond
Wed Mar 27, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Boeing 737 Max 8 Flight: Would you rebook?
Replies: 63
Views: 5178

Re: Boeing 737 Max 8 Flight: Would you rebook?

One factor that (my opinion) does not seem to be brought up very much is that, going back these 35+ years of the 737 models, there have been multiple crashed and deaths. How is that relevant? Exactly. I'm sure there are more "crashes and deaths" in Honda Accords than Lamborghini Aventadors, but doe...
by Raymond
Wed Mar 27, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: 2012 Honda Fit MPG issue
Replies: 49
Views: 3186

Re: 2012 Honda Fit MPG issue

...Admittedly, I am doing less highway driving now; I retired at the beginning of December. But I'm now getting 18 MPG total. Something is wrong... What is your trip profile like these days? Are you doing a lot of short trips around town for groceries, cultural events, etc.? Is it possible that you...
by Raymond
Wed Mar 27, 2019 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: What Texas college savings plan?
Replies: 5
Views: 312

Re: What Texas college savings plan?

Since Texas has no income tax, why limit yourself to plans offered by Texas? CA's Scholarshare is already one of the lowest cost 529 plans. The only reason I would transfer out is to consolidate at one provider (e.g. NV Vanguard 529 Plan or NH Fidelity 529 Plan). The Texas plans look horrendous. I'...
by Raymond
Wed Mar 27, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: New Honda CR-V vs. 2-3 Year Old CR-V?
Replies: 11
Views: 722

Re: New Honda CR-V vs. 2-3 Year Old CR-V?

Depreciation on Honda & Toyota is so low that it often doesn’t make sense to buy used. I would buy the new one. Agreed. OP might also consider getting the 2019 LX trim level, particularly if he lives in a cold area, as it has the non-turbo 2.4 liter engine. The higher trim levels have the turbo 1.5...
by Raymond
Wed Mar 27, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: What Texas college savings plan?
Replies: 5
Views: 312

Re: What Texas college savings plan?

The Texas Guaranteed Tuition Plan (TGTP) was previously called the Texas Tomorrow Fund. However, new enrollment was closed in 2003. The current website is there only to service existing accounts. One would think they would have this featured prominently on the home page, but nope, one has to dig thi...
by Raymond
Tue Mar 26, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8883

Re: Tattoos and Bogleheads

An acquaintance who was a tattoo artist suggested the following rules of thumb: - Never have tattoos put on when you are under the influence of drugs, alcohol or an extreme emotional state. - If possible, have the proposed tattoo first put on as a temporary (1-4 weeks) version with brown henna - NOT...
by Raymond
Thu Mar 21, 2019 6:31 pm
Forum: Personal Investments
Topic: What kind of financial product is this?
Replies: 7
Views: 685

Re: What kind of financial product is this?

I didn't know Bernie Madoff was allowed to run his business from Federal prison :greedy
by Raymond
Thu Mar 21, 2019 9:16 am
Forum: Personal Investments
Topic: Ready to FIRE (But Vultures Be Circling)
Replies: 80
Views: 10607

Re: Ready to FIRE (But Vultures Be Circling)

Congratulations! In addition to the excellent advice above, some things you might consider: - Change all your phone numbers and e-mail accounts to prevent further communication from the vultures. - Umbrella insurance on top of your existing auto and property insurance, rates are usually pretty reaso...
by Raymond
Thu Mar 21, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Fraudulent credit balance transfer on my credit card - bank says "too bad"
Replies: 29
Views: 3907

Re: Fraudulent credit balance transfer on my credit card - bank says "too bad"

OP here. Checked my credit card account this morning, and finally the $18,000 in balance transfers are off the account. But now they've double-credited me with the balance transfer fees of $320 (x2), so I'm sure they'll claw back the excess refund sometime. I was thinking of calling them to mention ...
by Raymond
Mon Mar 18, 2019 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent credit balance transfer on my credit card - bank says "too bad"
Replies: 29
Views: 3907

Re: Fraudulent credit balance transfer on my credit card - bank says "too bad"

OP here, thanks for your replies. I spoke with a senior credit card representative at USAA today - apparently the letter from them regarding "no fraudulent activity" meant that they had determined that my account had not been hacked. It did not mean that they had stopped researching how it happened,...
by Raymond
Mon Mar 18, 2019 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Fraudulent credit balance transfer on my credit card - bank says "too bad"
Replies: 29
Views: 3907

Re: Fraudulent credit balance transfer on my credit card - bank says "too bad"

That's insane. Which bank issued the card? What was the date on the transfers? (i.e., how soon did you complain) IF they say it's not fraud, then get all the details of the receiving bank as you will need this for a police report. USAA is the card issuer. I originally complained on 3/6/19, but the ...
by Raymond
Mon Mar 18, 2019 12:30 am
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 7826

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

I take pleasure in delighting my spouse with the things they really want. I would buy one today. Wouldn't the others in they be mistresses? I think goingup meant "they" as a non-gender specific term, instead of "he/she". Doesn't rule out mistresses or gigolos :happy And for the OP: Not quite as che...
by Raymond
Mon Mar 18, 2019 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Fraudulent credit balance transfer on my credit card - bank says "too bad"
Replies: 29
Views: 3907

Fraudulent credit balance transfer on my credit card - bank says "too bad"

I was reviewing my credit card accounts on my bank's website on 3/6/19 and noticed two credit balance transfers into my account, one for ~$5,000 and the other for ~$13,000. In addition, there was a document in my website inbox from the bank stating "Congratulations, your balance transfers were accep...
by Raymond
Tue Mar 05, 2019 6:39 pm
Forum: Personal Investments
Topic: Should I offer advice to friend who has entire college fund in PG?
Replies: 28
Views: 2506

Re: Should I offer advice to friend who has entire college fund in PG?

You can mention it, but if he accepts your advice and nothing bad happens to the stock, you will be an idiot... In your position, this is why I would not even bring it up, unless he specifically asks for your advice. Even then, I would phrase it as, "In your situation, I would put at least half of ...
by Raymond
Mon Mar 04, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Diversifying against your "natural" capital
Replies: 11
Views: 901

Re: Diversifying against your "natural" capital

Perhaps you could mention the diversification as similar to that necessary for a professional athlete - several years of very high income, but the possibility of that income stopping due to injuries, etc. The analogy here being the possibility of oil and gas prices tanking for long periods of time -...
by Raymond
Mon Mar 04, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: Would you fix cosmetic car damage?
Replies: 35
Views: 2915

Re: Would you fix cosmetic car damage?

...There are more than a few millionaires on this forum who drive cars without side airbags. Not sure how this relates to your situation. Those people are driving older cars which weren't equipped with side airbags in the first place. They're not driving newer cars with side airbags which deployed ...
by Raymond
Mon Mar 04, 2019 3:09 pm
Forum: Personal Investments
Topic: Old 401K - what to do with it?
Replies: 7
Views: 502

Re: Old 401K - what to do with it?

One fun fact: in the event that you decide to max out the 401k contributions in any given year, you can put the full $19K into a pre-tax account and then also add the $5K ROTH on your own (and one for your wife). If you max out the ROTH 401k you may not contribute any additional money to another ac...