Search found 1209 matches

by Raymond
Wed Apr 18, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: what to do with a windfall$$$
Replies: 7
Views: 987

Re: what to do with a windfall$$$

Welcome to the Bogleheads. Paying towards the mortgage sounds like a good idea, but it depends on the rest of your financial situation, especially whether or not you have emergency funds. I'd hold off on recommending the swimming pool and the 1984 Porsche until we see the big picture. I think you ca...
by Raymond
Mon Apr 16, 2018 9:27 pm
Forum: Personal Consumer Issues
Topic: Las Vegas hotel
Replies: 44
Views: 2892

Re: Las Vegas hotel

I prefer the Embassy Suites a few blocks off the strip, no resort fee, free parking. I stayed there a few yrs ago. Free drinks in the evening. +1, nice place, breakfast made-to-order included in the price, no smoke that I recall: Embassy Suites by Hilton Las Vegas - near UNLV There is another Embas...
by Raymond
Mon Apr 09, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 967

Re: Account for benefit of a relative; doling out funds

...What you effectively want is some form of "spendthrift trust". If there aren't many special provisions and relationship with R is good, it may be that some standardized boilerplate format would be sufficient... Agreed - while there is an expense drag by using an independent trustee, I think that...
by Raymond
Fri Apr 06, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4466

Re: What is Megacorp?

Don't forget the Umbrella Corporation, United Aerospace Corporation, Tyrell, Cyberdyne Systems, etc. :P
by Raymond
Thu Apr 05, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Are Callable CD's For Real?
Replies: 6
Views: 644

Re: Are Callable CD's For Real?

17%? I want some of what those guys are smoking. Here's a link to callable CD rates: "Best Callable CD (Certificate of Deposit) Rates" - findrates.com Nothing even close to 17%. ...It is much more likely they are going to give you a sale pitch for a variable annuity, in which case you should still r...
by Raymond
Wed Mar 14, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Should a recent college grad look for a job in the Bay Area or Texas?
Replies: 39
Views: 2667

Re: Should a recent college grad look for a job in the Bay Area or Texas?

I'd suggest your friend's parents hold off buying her a condo until she figures out what she wants to do. And as mentioned before, what does "wants to go into medicine" mean? If she wants to become an MD, DO or something else, then why not go to school for that? What was her undergraduate degree in?...
by Raymond
Fri Mar 09, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: How Index ETF is considered liquid when capital gain tax is ready to hit on liquidation
Replies: 10
Views: 1151

Re: How Index ETF is considered liquid when capital gain tax is ready to hit on liquidation

The definition of "liquidity" has nothing to do with potential taxation of any capital gains. Also, there is no current Federal income tax bracket of 30% . The maximum long-term capital gains tax is 20% , since we are talking about an investment made ten years ago. Sure, I'd rather not pay 20% of my...
by Raymond
Wed Mar 07, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: In-law advice?
Replies: 24
Views: 2540

Re: In-law advice?

Just hope both your wife and her sister have such a great time visiting with each other that they forget to ask you about financial advice :happy If your SIL does ask, just point her towards the already-mentioned "If You Can" and the Bogleheads guide. Then yell, "Who wants to go out for ice cream?!"...
by Raymond
Tue Mar 06, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Cheapest way to get spare car keys
Replies: 32
Views: 3991

Re: Cheapest way to get spare car keys

To minimize the chances of the key going AWOL, would a neck lanyard suit her purposes? Something like these (I have no personal experience with this company): Lanyards and Neck Strap Key Holders - keyring.com Particularly if she's wearing scrubs, the pockets are not always as secure as they should be.
by Raymond
Fri Mar 02, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley wants my 410K and everything else, Why?
Replies: 63
Views: 5382

Re: Morgan Stanley wants my 410K and everything else, Why?

Welcome, sdhopunk :sharebeer As already mentioned, when you decide what to do with your money, move it away from the grifter at Morgan Stanley. However, you can still make use of him - tell the USAA and church guys that you couldn't possibly leave the MS adviser, as you've been with him for so long ...
by Raymond
Thu Feb 22, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2439

Re: Would you pay off this debt?

My suggestions: 1. Pay off the car loan entirely. 2. Make extra payments towards the mortgage principal, until you decrease the payoff amount to the point where you just get tired of it and pay it off. 3. I personally would not include the possible inheritance in my planning. The giver(s) may use up...
by Raymond
Tue Feb 20, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: How Warren Buffett Won His Multi-Million Dollar Long Bet
Replies: 27
Views: 3372

Re: How Warren Buffett Won His Multi-Million Dollar Long Bet

I read it. Great story. But...let's see....each investor put up $320,000, expecting that to become $1,000,000 by the end of 10 years. Assuming that they meant $640,000 growing to $1M over 10 years, that would be a gain of 56%, or about 4.5% annualized return. Instead, it grew to $2.2M, an annualize...
by Raymond
Thu Feb 15, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Diamonds [Earrings and ring]
Replies: 13
Views: 968

Re: Diamonds

iracks wrote:
Wed Feb 14, 2018 10:05 pm
Dear pajamas

I wanted to surprise her with both. So she doesn’t know.😊
Just as long as you're not surprised if she decides to exchange them for something else she likes better.

+1 to runner540's suggestion above.
by Raymond
Wed Feb 14, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Keep crows off of chimney caps
Replies: 29
Views: 1550

Re: Keep crows off of chimney caps

FrugalInvestor wrote:
Wed Feb 14, 2018 6:42 pm
Why not just attach some bird spike strips to the chimney caps with construction adhesive?
If that doesn't work, I say we take off and nuke the entire site from orbit.

It’s the only way to be sure.
by Raymond
Mon Feb 12, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Extreme newbie - what to do with inheritance
Replies: 10
Views: 1223

Re: Extreme newbie - what to do with inheritance

Sorry about your father's passing. Welcome to Bogleheads. My suggestions: #1: Keep your mouth firmly shut about this inheritance. Of course your siblings know, and possibly their spouses, but TELL NO ONE ELSE. Otherwise your friends, church members, neighbors, insurance salesmen, "financial advisers...
by Raymond
Sun Feb 11, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 4840

Re: Can I afford to move to a lower paying career?

I think it's unlikely that anyone said on their deathbed, "I wish I'd spent more time at the office."

"What to Do Before You Quit Your Job"

Best wishes!
by Raymond
Sun Feb 11, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: What are the structure problems with whole life insurance?
Replies: 15
Views: 1425

Re: What are the structure problems with whole life insurance?

Someone pitched me on whole life insurance... as a way to invest tax free. When I came to these boards to do some research I found that whole life gets such an icy reception that actively managed equity funds look beloved by comparison. Now I am wondering what the fatal flaw with whole life is. Thi...
by Raymond
Sat Feb 10, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: what to look for when buying a flipped house
Replies: 27
Views: 1980

Re: what to look for when buying a flipped house

A former co-worker and her husband bought a house from a flipper. When they decided to make some changes to the guest bathroom several months later, they found that the toilet wasn't bolted to the floor, and the mirror covered a fairly large hole in the drywall. So wiggle the toilets and look behind...
by Raymond
Wed Feb 07, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: donating a car to charity?
Replies: 13
Views: 640

Re: Vehicle Donation to Any Charity, LLC (V-DAC)

Consider going to CarMax and getting a price quote from them to buy your car. Usually takes less than an hour.

If the amount they offer is acceptable to you, sell the car to them and donate the proceeds to the charity.
by Raymond
Wed Jan 31, 2018 11:48 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3546

Re: How to ship two big tubs of butter internationally?

IMO, discussion of shipping methods to Australia take second place to whether he can even legally send it there (strict Australian regulations).
by Raymond
Wed Jan 31, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3546

Re: How to ship two big tubs of butter internationally?

Australia is extremely strict about importing foods. See this: "Bringing or mailing goods to Australia" And: "Shipping Food to Australia" - parcelhero.com I am pretty sure the agricultural inspection officer will open up the containers, especially if they are not commercially packaged. Personally, I...
by Raymond
Mon Jan 29, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Transamerica Life insurance/investments
Replies: 39
Views: 2104

Re: Transamerica Life insurance/investments

dodgersummer wrote:
Mon Jan 29, 2018 2:21 am
...The salesman suggested i keep contributing to my Roth IRA but replace contributions from my 457b with contributions to their life insurance and investment plans due to me getting no match on my 457b plan him getting a nice commission...
Fixed it for you.
by Raymond
Sun Jan 28, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Change in "career", PA or Optometry?
Replies: 79
Views: 6528

Re: Change in "career", PA or Optometry?

...My first recommendation would be to shadow individuals in both career fields to get an basic idea of what the jobs entail... +1 Unless you've shadowed several PAs and optometrists, you have no real information to decide one way or the other, unless you have already decided (how?) that "... I wou...
by Raymond
Sun Jan 28, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Keeping a new BMW shiny!
Replies: 27
Views: 2422

Re: Keeping a new BMW shiny!

Paint deteriorates faster with exposure to ultraviolet radiation. When possible, park it in the shade - home garage or carport, parking garage or covered parking at work, under trees (not if there's a bunch of bird droppings or tree sap in the parking spot :P ) Wash and wax every so often - your cho...
by Raymond
Sat Jan 27, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: Which of these mechanic-recommended services would you pay for?
Replies: 55
Views: 3827

Re: Which of these mechanic-recommended services would you pay for?

In the absence of specific car information - "Read the owner's manual."

I drive a 2017 Honda Accord LX sedan (silver with black interior), coming up on 12,000 miles.
by Raymond
Thu Jan 25, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant Recommends doing Whole Life Insurance
Replies: 64
Views: 5155

Re: Accountant Recommends doing Whole Life Insurance

And from whom are you supposed to obtain the whole life insurance? His golfing buddy who just happens to be an insurance agent? An example of using the tax tail to wag the dog - what's next, wildcat oil wells in West Texas? Who cares if you lose money, as long as Uncle Sam doesn't get his filthy mit...
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: 35
Views: 3505

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: 7
Views: 1102

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: 2500

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: 144
Views: 9218

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: 1547

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: 3926

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: 2463

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: 2364

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: 5173

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: 2762

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: 18873

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: 18873

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: 1694

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: 2902

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: 759

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: 4228

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: 7114

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: 9607

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: 3175

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: 6513

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: 5257

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: 138
Views: 10535

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...