Search found 6665 matches

by stan1
Wed Apr 24, 2019 10:43 am
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 69
Views: 8445

Re: Pros/Cons of Condo Living?

knightrider wrote:
Wed Apr 24, 2019 10:08 am

Best to buy a condo where renting is not allowed.
Some states have laws that prevent HOA's from banning rentals (property owner rights).
by stan1
Wed Apr 24, 2019 7:58 am
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 69
Views: 8445

Re: Pros/Cons of Condo Living?

There are many ways to design a condo complex. Some were built as apartments and converted to condos so the unit feels like an apartment inside. Some are constructed as row houses with interior and end units (latter getting more light). Some are constructed as quadplexes or duplexes with each unit g...
by stan1
Wed Apr 24, 2019 7:40 am
Forum: Personal Investments
Topic: Vanguard REITs ETF vs Admiral
Replies: 6
Views: 405

Re: Vanguard REITs ETF vs Admiral

The thing I dislike most about ETFs is that I can't automate purchases, and I can't buy fractional shares (so I would always have some odd amount of cash around uninvested.) Use a different broker. One of the advantages of ETFs especially in a taxable account is they are portable so you can move th...
by stan1
Wed Apr 24, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate
Replies: 26
Views: 2396

Re: Savings rate

Thanks all. Take away is I guess i was asking two questions at once and looks like I got answers to both. I'd say the takeaway is that everyone looks at it differently so figure out what works best for your needs. There's no single right answer but you want to be honest with yourself and use conser...
by stan1
Wed Apr 24, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Navigating the Appraisal and Inspection as a Seller
Replies: 31
Views: 1214

Re: Navigating the Appraisal and Inspection as a Seller

They may do things differently in your state but here in MN the Inspection period is 10 days. Most lenders wont order the appraisal until the house has cleared Inspection.(Why waste $500 or so bucks on the appraisal if your not going to buy the house). If the Buyers are using an FHA loan (or DVA) t...
by stan1
Tue Apr 23, 2019 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Navigating the Appraisal and Inspection as a Seller
Replies: 31
Views: 1214

Re: Navigating the Appraisal and Inspection as a Seller

Have your realtor ask for backup offers from the other bidders and try to get at least one agreed to in writing. If the selected buyer asks for the world to lift the inspection report let them know you have a backup offer and are willing to bail out if they make too many demands for repairs. If it ...
by stan1
Tue Apr 23, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Navigating the Appraisal and Inspection as a Seller
Replies: 31
Views: 1214

Re: Navigating the Appraisal and Inspection as a Seller

Have your realtor ask for backup offers from the other bidders and try to get at least one agreed to in writing. If the selected buyer asks for the world to lift the inspection report let them know you have a backup offer and are willing to bail out if they make too many demands for repairs. If it d...
by stan1
Tue Apr 23, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate
Replies: 26
Views: 2396

Re: Savings rate

Shooting for 25x or 30x of annual expenses (less income) needed in retirement has worked for me. That way if you expect to have your mortgage paid off by the time you retire you don't need to include it as an expense and you can drop expenses like social security, medicare, 401K contributions, and f...
by stan1
Tue Apr 23, 2019 11:30 am
Forum: Personal Investments
Topic: Vanguard Flagship Select Representative ??
Replies: 25
Views: 1980

Re: Vanguard Flagship Select Representative ??

Vanguard is (slowly) transitioning off named Flagship reps (not sure about Flagship Select). For new and transitioned clients Flagship queries go to Flagship call center who are advertised as being more experienced. I don't know what algorithm is using to transition existing customers. They may be ...
by stan1
Tue Apr 23, 2019 11:16 am
Forum: Personal Investments
Topic: Vanguard Flagship Select Representative ??
Replies: 25
Views: 1980

Re: Vanguard Flagship Select Representative ??

Vanguard is (slowly) transitioning off named Flagship reps (not sure about Flagship Select). For new and transitioned clients Flagship queries go to Flagship call center who are advertised as being more experienced. I don't know what algorithm is using to transition existing customers. They may be s...
by stan1
Tue Apr 23, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Navigating copay assistance programs - very expensive drugs
Replies: 7
Views: 445

Re: Navigating copay assistance programs - very expensive drugs

Are these drugs not on the insurance plan's formulary (e.g. experimental, not FDA approved for the condition)? Some copay assistance plans do not have a financial means test but require you to set up the co-pay assistance plan as a secondary payer with your pharmacy. Your pharmacy may or may not be ...
by stan1
Mon Apr 22, 2019 2:48 pm
Forum: Personal Investments
Topic: Taxable Brokerage Fund Question
Replies: 22
Views: 1448

Re: Taxable Brokerage Fund Question

I'm also not planning on staying in California when I retire, as they will tax my military pension. Your first post says you are 27. Are you leaving the military soon or are you going to retire at 20+ years? Detailed planning for something more than 11 years away is often overcome by events. Edited...
by stan1
Mon Apr 22, 2019 10:41 am
Forum: Personal Consumer Issues
Topic: Is Crown Molding Out-of-Style?
Replies: 46
Views: 4309

Re: Is Crown Molding Out-of-Style?

Maybe also some regional variations. People in the Southwest may prefer to put an incremental dollar into a backyard patio/pool area rather than crown moulding.
by stan1
Sun Apr 21, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Home Buyer Affordability Question
Replies: 19
Views: 1473

Re: First Time Home Buyer Affordability Question

Sure, your income even without the bonus supports doing this if you want the lifestyle of being homeowners. Houses come with yards, maintenance, and repairs but you can make them your own. You could also rent a similar 3 bedroom house if you just want more space. Make sure you love the location of t...
by stan1
Sun Apr 21, 2019 6:14 pm
Forum: Personal Investments
Topic: Taxable Brokerage Fund Question
Replies: 22
Views: 1448

Re: Taxable Brokerage Fund Question

I would keep doing Roth TSP for now given that your future field is likely to be IT and you will probably have a much higher salary. You are too young to think about what your future tax rate might be in 40 or more years. No one knows. I don't think you will have regrets in 10 or 50 years that you c...
by stan1
Sun Apr 21, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance
Replies: 42
Views: 3150

Re: M1 Finance

I think it's ridiculous that a brokerage and tech company like M1 couldn't get this right without lots of hassle. This should be their bread and butter. Just numbers and dates in computers. One would probably have no troubles starting from scratch with them. But given my experience I would never ge...
by stan1
Sun Apr 21, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Loan to employer?
Replies: 24
Views: 1730

Re: Loan to employer?

Tough one. Has she mentioned this more than once? It's possible by the time you talk to her again she will have thought through it some more and change her mind. What percentage of your annual salary/bonus are we talking about for the loan? Greater than 100% or is this more of a point of principal t...
by stan1
Sat Apr 20, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: Is Crown Molding Out-of-Style?
Replies: 46
Views: 4309

Re: Is Crown Molding Out-of-Style?

I’ve never heard of a person who didn’t buy a home because it had crown molding (resale value). Our former house had 6" crown moulding in most rooms that we added after we purchased it. Crown moulding is not common in our area and it looked very good. I don't know if it added resale value but we we...
by stan1
Sat Apr 20, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 57
Views: 4349

Re: What I don’t understand about Donor Advised Funds...

Also there are charities like the Bogle Center for Financial Literacy who are happy to receive $50 or $100 per year. You can donate to anonymously to them using a DAF with a low grant minimum.

https://boglecenter.net/
by stan1
Sat Apr 20, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: French Door Refrigerator Recommendations?
Replies: 40
Views: 2713

Re: French Door Refrigerator Recommendations?

Liebherr. They manufacture refrigerators for Miele in the European market. Check dimensions very, very carefully. https://home.liebherr.com/en/usa/ncsa/residential-appliances/freestanding-semi-built-in/36-inch/details/cbnes-6256.html Right, although Arcelik, a Turkish company, makes Miele, Bosch, G...
by stan1
Sat Apr 20, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Is Crown Molding Out-of-Style?
Replies: 46
Views: 4309

Re: Is Crown Molding Out-of-Style?

It doesn't go with the mid century modern style that's "in" right now. Crown, base, and window mouldings go very well with a transitional style which is more mix and match. Agree builders are probably not putting it in because it is expensive even if the material is painted MDF (plus install costs)....
by stan1
Sat Apr 20, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: French Door Refrigerator Recommendations?
Replies: 40
Views: 2713

Re: French Door Refrigerator Recommendations?

Just a quick update on this. Still looking Want counter depth and no longer need a second ice maker. Current fridge is a GE Profile PSC25MSTSS You mean you want a counter depth french door with no in-door dispenser or ice maker? Liebherr. They manufacture refrigerators for Miele in the European mar...
by stan1
Sat Apr 20, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 36
Views: 2988

Re: Buying a house without a realtor

Hard working? My last two houses I found on my own by driving around in neighborhoods I liked. All they did was open the door and let me walk around. At closing, once I signed the contract and they got their check the realtor stood up and walked out. I am sure some realtors work hard for people tha...
by stan1
Sat Apr 20, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Sell Home Now or Wait? Relocating with Spouse
Replies: 14
Views: 1015

Re: Sell Home Now or Wait? Relocating with Spouse

If you think the market is softening (it is in some places) you might want to sell sooner rather than later.
by stan1
Fri Apr 19, 2019 6:08 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 79
Views: 2929

Re: How far would you commute?

For OP: Is this commute Mon-Fri every week or is there still a chance you'd be able to telework from home some days of the week? I'd heard that some large employers were starting to back off from full time "work from home" programs but that's a little different than 1 or 2 days per week of telework....
by stan1
Fri Apr 19, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Transferring DAF funds from VG to Fidelity
Replies: 13
Views: 1503

Re: Transferring DAF funds from VG to Fidelity

Interesting comment about charities not wanting small donations. If you can get a million people to donate 30 bucks that adds up! I was a little dramatic, but here's the official double speak from Vanguard Charitable: https://www.vanguardcharitable.org/blog/why-500 "All donations are welcome" but "...
by stan1
Fri Apr 19, 2019 9:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard vs BlackRock vs DFA
Replies: 5
Views: 725

Re: Vanguard vs BlackRock vs DFA

There are literally thousands of posts on this forum since its inception on this topic. 1) Broad market index funds and ETFs from Vanguard, Schwab, Fidelity, iShares, and others are all good choices. Look at expense ratios. 2) Factors such as size, value, quality, and momentum may slightly improve r...
by stan1
Fri Apr 19, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Feasibility
Replies: 22
Views: 1224

Re: Home Purchase Feasibility

Is this in the US? I don't think it will work. This is what I expect will happen. The mortgage lender will ask you where the large down payment came from. They will ask for bank statements over time showing the funds are yours. When you tell the lender it came from your parents they will have to sig...
by stan1
Fri Apr 19, 2019 9:07 am
Forum: Investing - Theory, News & General
Topic: Principles of Tax-Efficient Fund Placement
Replies: 12
Views: 1918

Re: Principles_of_Tax-Efficient_Fund_Placement

There has been lots of discussion about this. When there's a lot of discussion on this board its because the answer changes with time and circumstance. There's no single correct answer that will be true for all people at all times. Tax rates change. Preferences for capital gains and dividends change...
by stan1
Fri Apr 19, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Transferring DAF funds from VG to Fidelity
Replies: 13
Views: 1503

Re: Transferring DAF funds from VG to Fidelity

Old thread but confirming it does work. I emailed Vanguard Charitable for instructions on closing out my DAF with a transfer to an existing account at Fidelity Charitable. I got a detailed answer (summary: grant to Fidelity Charitable, select "Other" for purpose and specify your account name and num...
by stan1
Fri Apr 19, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3081

Re: The reality of borrowing from your 401k for home mortgage

Fine for short term liquidity. How many months are you planning to take to pay it back?

Do agree about being sure on the lifestyle decision. Home ownership has a lot of costs and inconveniences that come with the potential for price appreciation. Make sure that's what you want.
by stan1
Fri Apr 19, 2019 6:34 am
Forum: Personal Investments
Topic: Should I repatriate my cash?
Replies: 19
Views: 1717

Re: Should I repatriate my cash?

You kind of have to pull out your crystal ball and predict the future in 10-20 years hoping you get it mostly right. I wouldn't do any of this with a short term focus of getting 100 basis points of extra interest on cash for a few years. Where are you most likely to be in 20 and 40 years if you had ...
by stan1
Thu Apr 18, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2693

Re: Insurance Advice after bicycle accident

The other cyclist made an illegal maneuver which started the chain reaction. He tried passing the car over double solid yellow lines. The car hit the other cyclist, then his brakes hard and did a small swerve, my wife hit the trunk of the car and went over it. Hopefully the police report and witnes...
by stan1
Wed Apr 17, 2019 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to find an engineer to inspect a dam wall
Replies: 27
Views: 1771

Re: How to find an engineer to inspect a dam wall

Hydrological engineer (specialized civil engineer)
by stan1
Wed Apr 17, 2019 3:41 pm
Forum: Personal Consumer Issues
Topic: microwave that doesnt beep forever?
Replies: 24
Views: 1431

Re: microwave that doesnt beep forever?

I bought my last microwave at Lowes. It was $110 (they are cheap these days). They had about 2 dozen different models displayed. I think you could have pulled them down, found a plug, and checked the beeping. The Sanyo I got beeps 3 short notes. I unplug it after every use so don't know if its progr...
by stan1
Wed Apr 17, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9774

Re: seriously thinking about leaving S. CA but where to?

What do people think of Virginia Beach? Using Weatherspark.com, I prefer a little rain and snow if I can't have comparable weather to Orange County, CA. Prefer 2 to 3 inches of rain the most per month. Doesn’t meet your “no hurricanes” criteria. Have you ever been to Norfolk/Virginia Beach area? I ...
by stan1
Wed Apr 17, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Question on compromised credit cards
Replies: 20
Views: 1152

Re: Question on compromised credit cards

I'm wondering if there is something I can do to minimize the risk of getting cards compromised, and if inactivity on a card might predispose it to be compromised? There is nothing you can do. Fortunately there are strong consumer protection laws on credit cards. Card issuers have process down to re...
by stan1
Wed Apr 17, 2019 9:42 am
Forum: Personal Investments
Topic: Family of 4 - Estimate Retirement Expenses
Replies: 16
Views: 889

Re: Family of 4 - Estimate Retirement Expenses

Thank you for your comments. We're not young (I'm 42) so I was hoping to get a better idea of our number (25x expenses). We've saved a good amount and have enjoyed the bull market the last 10 years. I guess we need to make some rough estimates since there are so many variables at play. OK, so a lit...
by stan1
Wed Apr 17, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Young Couple Seeking Financial Advice From Bogleheads
Replies: 27
Views: 2635

Re: Young Couple Seeking Financial Advice From Bogleheads

How many kids would you feel comfortable raising in a 1,500 sq ft house with a yard? Well, you'll get some octogenarians telling you about how their parents had 6 kids in a two bedroom shack with no running water and some high income physicians telling you that their 3500 square foot house was too ...
by stan1
Wed Apr 17, 2019 7:55 am
Forum: Personal Investments
Topic: Family of 4 - Estimate Retirement Expenses
Replies: 16
Views: 889

Re: Family of 4 - Estimate Retirement Expenses

That is a good question. It could be as early as 10 years or up to 20 depending on our current savings and portfolio growth. I don't think I can completely retire as I'm always trying to be productive. Maybe start up a small side business after we're financially independent? If you are a MMM fan yo...
by stan1
Wed Apr 17, 2019 7:36 am
Forum: Personal Investments
Topic: Family of 4 - Estimate Retirement Expenses
Replies: 16
Views: 889

Re: Family of 4 - Estimate Retirement Expenses

How many years ahead are you planning? I don't think it makes much sense to plan 30 years out. Too many unknowns. Try to save 20% or more of current income as best you can. That's what you have control over. Take advantage of your earning potential by seeking jobs that compensate you for your educat...
by stan1
Wed Apr 17, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Young Couple Seeking Financial Advice From Bogleheads
Replies: 27
Views: 2635

Re: Young Couple Seeking Financial Advice From Bogleheads

Since the loan amounts are totals not monthly payments just pay them off. They are a trivial part of your finances at this point. Pay them off and celebrate. Attempting arbitrage on a 3.6% loan rate is not going to be hugely beneficial. You are doing well. Keep up the good work! Your challenge with ...
by stan1
Wed Apr 17, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Jury Duty questions
Replies: 20
Views: 2066

Re: Jury Duty questions

You have go to the website for the court on the summons. Some jurisdictions have made serving on a jury very easy and give you a lot of flexibility including the date you show up (in a 2 week window around the date on the summons) and an easy no justification needed postponement. Federal court is a ...
by stan1
Tue Apr 16, 2019 8:41 pm
Forum: Personal Investments
Topic: Flagship Select
Replies: 5
Views: 1672

Re: Flagship Select

yousha wrote:
Tue Apr 16, 2019 5:50 pm
I have Flagship Select. I am satisfied. Just out of curiosity, are there any other mutual fund companies that offer a similar program? Thanks.
What benefits do you get from Flagship Select that you use? That might help us understand whether other brokerages offer similar services.
by stan1
Tue Apr 16, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Leave Job to Spend Time with Disabled Spouse?
Replies: 13
Views: 1827

Re: Leave Job to Spend Time with Disabled Spouse?

To present one other option: it appears, especially as long as he has the private disability insurance income, that you could afford to hire some additional assistance during your work day. Not 24/7 in home care which sounds like its not necessary at this time but maybe enough to assist you whether ...
by stan1
Tue Apr 16, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 22
Views: 1843

Re: Can we afford this house?

How did you get all the equity in the old house? Was it appreciation or did you pay down the loan instead of investing in retirement accounts? With your income of $255K/year you'd want to be able to save at least $50-60K/year in retirement and 529 accounts. If you can do that because you have the la...
by stan1
Tue Apr 16, 2019 8:54 am
Forum: Personal Investments
Topic: Continue to buy Bonds in Taxable?
Replies: 6
Views: 692

Re: Continue to buy Bonds in Taxable?

The remaining 47% is CDs which mature over the next 12 months. Dad's tax lady suggested to stop buying CDs due to penalties if cashed early. Thank you for your reply, actually we already purchased 3k of each fund, which I will probably exchange soon. Desired allocation is 30S/50B/20cash. My mom is ...
by stan1
Tue Apr 16, 2019 6:43 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9774

Re: seriously thinking about leaving S. CA but where to?

Charleston, South Carolina. Beautiful city, tons of restaurants and culture, good weather (although not Southern California good) and right on the water. It does get the sporadic hurricane but usually they stay further south I believe. Nope, Charleston has no-see-ums (biting bugs). OP didn't mentio...
by stan1
Mon Apr 15, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 54
Views: 7750

Re: New era for TSP "I" Fund?

I just got asked today! 2 Factor Authentication is supposed to be available now. I can try to validate and report back later. Got an email this morning saying 2FA was available (by email or text message). Tonight the TSP website is down for maintenance. I'll try again in a bit. Ten minutes later an...
by stan1
Mon Apr 15, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff - Early 60's
Replies: 13
Views: 2150

Re: Layoff - Early 60's

My expectation is low probability of finding work (due to age/field). I would not assume that. Could be able to find something very similar either full time or consulting. Here's one example: your relative may have knowledge in an older technology that younger people don't want to work with but is ...