Search found 7513 matches

by stan1
Wed Nov 13, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 70
Views: 11758

Re: New era for TSP "I" Fund?

The FRTIB met today and reaffirmed their decision to convert the I Fund to an All World Ex US index. https://www.govexec.com/pay-benefits/2019/11/tsp-board-reaffirms-decision-broaden-international-fund-despite-congressional-pressure/161280/?oref=ge-featured-river-secondary Board Chairman Michael Ken...
by stan1
Wed Nov 13, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting increased travel
Replies: 14
Views: 900

Re: Employer requesting increased travel

You are a fundraiser. They want you to raise more money, and they think the way to do it is with more face time with potential donors. If you can raise more money without traveling I am sure they will be happy. But keep in mind that higher education has an infinite thirst for more money. I suspect ...
by stan1
Tue Nov 12, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: Blankets/Bedding for Cold Winter Nights
Replies: 46
Views: 2660

Re: Blankets/Bedding for Cold Winter Nights

Three or four medium sized dogs. More flexibility than two large dogs.
by stan1
Tue Nov 12, 2019 9:02 pm
Forum: Personal Investments
Topic: Searching for broad ETF that tilts value
Replies: 11
Views: 383

Re: Searching for broad ETF that tilts value

yaqub wrote:
Tue Nov 12, 2019 8:53 pm
And no, we're not attached to QQQ. I imagine a lot of folks here don't look on it too favorably, so we're open to suggestions on replacement- VTI, probably?
Yes, I would recommend VTI, SCHB, ITOT, or even an S&P 500 fund/ETF rather than pairing QQQ (or VUG) with VTV and rebalancing manually.
by stan1
Tue Nov 12, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuying in Los Angeles - Advice Needed
Replies: 54
Views: 3627

Re: Homebuying in Los Angeles - Advice Needed

Also a well located Los Angeles area home is likely to be 40-100+ years old. Upkeep comes at a cost even if you pay a premium for a house that has already been "modernized". You might enjoy making the home your own for your family to enjoy but maybe you'd rather not spend your time that way. That's ...
by stan1
Tue Nov 12, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuying in Los Angeles - Advice Needed
Replies: 54
Views: 3627

Re: Homebuying in Los Angeles - Advice Needed

2) Paying $5k rent for a $1.25M house is 0.4%/mo. The rule of thumb for landlords is 1% a month is a deal worth looking at because it's potentially cash flow positive. At 0.4% I'm reasonably sure LA landlords are cash flow negative. So basically, you are ripping off a landlord by renting, but that'...
by stan1
Mon Nov 11, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 50
Views: 3880

Re: Will I be audited?

What does audit insurance cost? Just curious. AuditDefense through TurboTax is $40/year. Their website says they have 11,000,000 members. Do the math! It's low cost insurance that it seems a lot of people are willing to pay into even though very few will need it. People are afraid of audits for no ...
by stan1
Mon Nov 11, 2019 3:29 pm
Forum: Personal Investments
Topic: 5 fund portfolio
Replies: 10
Views: 1317

Re: 5 fund portfolio

FSKAX - Total US Stock Market -- 40% FTIHX - Total non-US stock market -- 20% FXNAX - Total US Bond Index -- 20% FREL - Fidelity REIT index -- 10% IAU - Gold etf -- 10% OK, I'll give it a guess based on what you've told us (see above). Seems you don't want to tell us yet what you've chosen for some...
by stan1
Mon Nov 11, 2019 2:59 pm
Forum: Personal Investments
Topic: USAA Giving Fund (Donor Advised Fund)
Replies: 10
Views: 393

Re: USAA Giving Fund (Donor Advised Fund)

What is the minimum grant amount at USAA? One advantage of Fidelity Charitable is that the minimum grant is $50. That makes it very easy to donate to all the causes that come up during the course of the year. As a counter example the minimum grant at Vanguard is $500. I often want to donate less tha...
by stan1
Mon Nov 11, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuying in Los Angeles - Advice Needed
Replies: 54
Views: 3627

Re: Homebuying in Los Angeles - Advice Needed

It's a personal preference and a lifestyle choice. If you can really rent a $1.25M home for $5000/month that's a pretty good deal (especially since property taxes alone at 1% would be $12,500/year).
by stan1
Mon Nov 11, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: What is reasonable HOA reserve?
Replies: 13
Views: 1274

Re: What is reasonable HOA reserve?

In our HOA's case funding the reserves to 100% of requirements in the reserve study would mean sitting on over $500K. Our board does not feel that is a good use of owners funds. We chose to fund at 70% (the property values are far above the maximum for FHA and VA loans). Our association is responsib...
by stan1
Mon Nov 11, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Mobile finance apps - do you use them?
Replies: 22
Views: 1028

Re: Mobile finance apps - do you use them?

If you don't have them on your phone is there a reason for it? There's no factual reason to not use them, but some people just prefer not to. An abundance of caution is not a factual reason but it is a valid personal preference you are free to make. If you are a high profile individual (politician,...
by stan1
Mon Nov 11, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Kohl's credit card refuse to refund undelivered order
Replies: 27
Views: 1197

Re: Kohl's credit card refuse to refund undelivered order

Here is a link to the Federal Trade Commission's website on disputing credit card charges: https://www.consumer.ftc.gov/articles/0219-disputing-credit-card-charges Note it says you must dispute the charge in writing within 60 days of the first bill to assert and exercise your rights. The Fair Credit...
by stan1
Mon Nov 11, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 50
Views: 3880

Re: Will I be audited?

The audit insurance (such as you might buy through your tax software) is not expensive, but in this case if you do get any communication from the IRS your response will be very easy. Just send in the documentation they ask for. You'd have to keep good records and pull together the paperwork whether ...
by stan1
Mon Nov 11, 2019 1:02 pm
Forum: Personal Consumer Issues
Topic: Kohl's credit card refuse to refund undelivered order
Replies: 27
Views: 1197

Re: Kohl's credit card refuse to refund undelivered order

Formally dispute the charge with a letter per the procedures on the back of the statement.

Was this purchased made at a store? Go down and talk to a manager in person. Even if you bought it online I'd do the same.
by stan1
Mon Nov 11, 2019 9:19 am
Forum: Personal Investments
Topic: Asset Allocation for larger portfolio
Replies: 29
Views: 1912

Re: Asset Allocation for larger portfolio

It goes back to willingness, ability, and need to take risk. Someone with a large portfolio has less need to take risk (they already have a lot). They are able to take risk if willing to do so (because losing half of a large portfolio is still a large portfolio). If the person wouldn't have a large ...
by stan1
Sun Nov 10, 2019 10:43 pm
Forum: Personal Consumer Issues
Topic: Aggregator Security [Security of account aggregators, e.g. Mint, Quicken]
Replies: 2
Views: 295

Re: Aggregator Security [Security of account aggregators, e.g. Mint, Quicken]

From the article:
hacked accounts are tied to customers re-using their online banking passwords at other sites that got hacked
Yeah, don't do that (reuse passwords).
by stan1
Sun Nov 10, 2019 8:36 pm
Forum: Personal Investments
Topic: Asset allocation significance
Replies: 16
Views: 1557

Re: Asset allocation significance

Sorry for your loss. I'd view the insurance money as "flexibility". It gives you choices, including the choice not to do anything now or defer making a decision (which are choices, too, but you are the psychotherapist so I don't want to preach). You may feel differently in a year, or three, or five....
by stan1
Sun Nov 10, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fed. Employees - Tammy Flanagan Consult?
Replies: 7
Views: 763

Re: Fed. Employees - Tammy Flanagan Consult?

I'd make sure you start on the OPM web site (free). I have found it to answer my questions, and the FAQs do delve into some more complicated matters. Some people might ask someone like Tammy Flannagan about their TSP but since you are posting here I think you can get that advice here. What I found i...
by stan1
Sun Nov 10, 2019 6:11 pm
Forum: Personal Investments
Topic: Quick taxable portfolio review
Replies: 6
Views: 568

Re: Quick taxable portfolio review

In a taxable account you want something that is very tax efficient. That's Total Stock Market for the most part. What you are proposing could be a very difficult asset allocation to maintain even with new contributions. Are you contributing to a Roth IRA? You'd want to do that before investing in ta...
by stan1
Sun Nov 10, 2019 5:51 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation question
Replies: 8
Views: 730

Re: Asset allocation question

I'd do 45 C, 15 S, 20 I, and 20 G

Maybe forever.
by stan1
Sun Nov 10, 2019 1:37 pm
Forum: Personal Investments
Topic: Fidelity vs Vanguard vs Schwab vs TD vs Etrade vs Merril
Replies: 32
Views: 1877

Re: Fidelity vs Vanguard vs Schwab vs TD vs Etrade vs Merril

Surprised many on Boglehead forum rank Vanguard dead last. Nothing in life is free. The so called perks and customer services are paid one way or another. Most fixed income investments for example at Fidelity are about 30 basis points less than Vanguard. So if 100k of total is in money market or ot...
by stan1
Sun Nov 10, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 10872

Re: Saving seats on Southwest

HomeStretch wrote:
Sun Nov 10, 2019 1:17 pm
For a fee of $15-$25/pp one way, I’d just pay the early bird fee for all to be assured of getting seats together and overhead bin storage.
Shhh, too many people are doing just that.
by stan1
Sun Nov 10, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 34
Views: 1727

Re: Tax Deferred : Taxable : Tax Free

Roth conversions can make sense and your heirs will thank you posthumously for leaving them Roth accounts not Traditional accounts. What is your marginal federal and state tax rate? What are your ages? Are you still working so you could switch from Traditional contributions to Roth contributions in ...
by stan1
Sun Nov 10, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Accessory Dealing Unit(ADU) in CA
Replies: 9
Views: 771

Re: Accessory Dealing Unit(ADU) in CA

Your architect or builder should have some experience with this. It's not an uncommon problem in older neighborhoods such as Pasadena, Santa Monica, or City of LA between downtown and Westwood. What are they advising? If they aren't expert they should help you with a referral. An example of the pers...
by stan1
Sun Nov 10, 2019 9:34 am
Forum: Personal Investments
Topic: Optimizing for potential future ~9% state capital gains
Replies: 7
Views: 688

Re: Optimizing for potential future ~9% state capital gains

I did a little googling. The proposal I found would exclude the first $50K in gain each year for a married couple. Keep in mind it says it is taxing the gain not the value of the sale. So you might sell $100K of a fund to get a $50K gain. I wouldn't go overboard because you still owe federal tax but...
by stan1
Sat Nov 09, 2019 8:25 pm
Forum: Personal Investments
Topic: Small value in 50-50 retirement portfolio
Replies: 11
Views: 956

Re: Small value in 50-50 retirement portfolio

I’m investing my parents retirement funds in 50:50 portfolio. I am doing a three fund and considering 5% REIT and 5% small value (vanguard small value index fund). Is small value even at 5% too aggressive for a retiree? Thank you! I'd say the opposite, which is that 5% slices really aren't enough t...
by stan1
Sat Nov 09, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: House for Sale--How Much to Tell Potential Buyer
Replies: 35
Views: 2807

Re: House for Sale--How Much to Tell Potential Buyer

If one of these particular houses are for sale, what do you all think of initiating a conversation with people after they exit the open house, praising the neighborhood, but letting them know of the daily leaf blower noise? Why is it any of your business? It's not my direct business, since I am not...
by stan1
Sat Nov 09, 2019 7:49 pm
Forum: Personal Investments
Topic: Fidelity vs Vanguard vs Schwab vs TD vs Etrade vs Merril
Replies: 32
Views: 1877

Re: Fidelity vs Vanguard vs Schwab vs TD vs Etrade vs Merril

First time poster, apologies if this has been asked numerous times before: I am currently with Merril (about $1MM) under active management (1% fee). Reading “Bogleheads Guide to Investing” and decided to do this myself! However, what is the best brokerage/bank to go with? Who has the most benefits ...
by stan1
Sat Nov 09, 2019 7:48 pm
Forum: Personal Investments
Topic: Fidelity vs Vanguard vs Schwab vs TD vs Etrade vs Merril
Replies: 32
Views: 1877

Re: Fidelity vs Vanguard vs Schwab vs TD vs Etrade vs Merril

Main thing you want is a platform which gives you access to the funds and ETFs you need to build your asset allocation. If you are willing to use ETFs you can do that at any of the brokerages you mention and add Chase. If you insist on only using mutual funds and want asset classes like small cap va...
by stan1
Sat Nov 09, 2019 3:19 pm
Forum: Personal Investments
Topic: Bonds in your taxable - any examples?
Replies: 10
Views: 1029

Re: Bonds in your taxable - any examples?

Also have to remember that taxable accounts do in fact have multiple tax advantages that favor equities over bonds. Qualified dividends on equities and long term capital gains which presumably would be higher for equities than bonds are both taxed at a lower federal rate. Capital gains tax rate may ...
by stan1
Sat Nov 09, 2019 10:19 am
Forum: Personal Investments
Topic: Portfolio Review - please critique (midlife crisis version)
Replies: 15
Views: 1382

Re: Portfolio Review - please critique (midlife crisis version)

I'd stop contributing to the 529s. They are more than adequately funded at $390K and you should be saving more that isn't targeted to kid's education. If it turns out you need to put in more because both kids go to medical school pay it out of future income. With about $2.6M and $100K/year spend exp...
by stan1
Sat Nov 09, 2019 10:01 am
Forum: Personal Investments
Topic: Windfall
Replies: 21
Views: 2101

Re: Windfall

Windfall is a about 5% of total of tax advantaged retire funds. I guess my inclination was to be more conservative with the 70k—to guarnatee a return that was more than mortgage rate, to retain flexAbility to break open the cd if cash was needed beyond EF. The amount is a small percentage of your n...
by stan1
Sat Nov 09, 2019 9:47 am
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3316

Re: What’s in your TSP?

We do not use the L funds because we have many other accounts including Roth IRAs, Traditional IRAs, inherited IRAs, and taxable accounts. We do not use the I Fund because we don't need a developed market large cap international fund in our asset allocation (we have total international, emerging mar...
by stan1
Sat Nov 09, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Singles/DINKs in HCOL/VHCOL areas, can you please share your budget?
Replies: 20
Views: 2472

Re: Singles/DINKs in HCOL/VHCOL areas, can you please share your budget?

Here's some thoughts. You need to separate out whether your budget is for one person or two people. Rent - likely very low if you want a covered parking spot, in unit washer/dryer, and safer neighborhood. Sometimes you can get lucky and find a small landlord who highly values a stable tenant. You mi...
by stan1
Sat Nov 09, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: Eric Balchunas, Senior ETF Analyst at Bloomberg is my guest on this "Bogleheads on Investing" podcast.
Replies: 12
Views: 1106

Re: Eric Balchunas, Senior ETF Analyst at Bloomberg is my guest on this "Bogleheads on Investing" podcast.

Eric Balchunas, Senior ETF Analyst at Bloomberg is my guest on this "Bogleheads on Investing" podcast. Rick one topic you weren't able to get to with Eric is the future shift of 401Ks from mutual funds to ETFs. I read a few years ago it was inevitable within a few years, but it hasn't happened. Do ...
by stan1
Fri Nov 08, 2019 9:10 pm
Forum: Personal Consumer Issues
Topic: First time in Sydney, Australia
Replies: 12
Views: 695

Re: First time in Sydney, Australia

Sydney is easy to get around. The CBD, Circular Quay, Rocks, Opera House, Barangaroo etc are in the same area, its compact and highly walkable. This will be the area most tourists will be. We took the rail from the airport to our hotel in Circular Quay, used the ferry for a few stops and walked the...
by stan1
Fri Nov 08, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: Funds Missing from Vanguard Funds List
Replies: 16
Views: 1991

Re: Funds Missing from Vanguard Funds List

I'd attribute it to Vanguard's low cost strategy. They do not want to provide customer support to independent investors who have too many choices in investment products. By taking the product off their website they don't have to support it for retail customers. Customers who use advisors pay fees an...
by stan1
Fri Nov 08, 2019 10:21 am
Forum: Personal Investments
Topic: For TLH purposes is it better to have everything at one brokerage?
Replies: 4
Views: 410

Re: For TLH purposes is it better to have everything at one brokerage?

Multiple taxable brokerage accounts with similar asset classes adds complexity and increases risk of an inadvertent wash sale. We have three taxable accounts (1x joint, 2x individual) and file as MFJ so we do have to deal with some additional complexity and attention to detail when we tax loss harve...
by stan1
Fri Nov 08, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: Apple iPhone iOS 13 Discussion
Replies: 77
Views: 8604

Re: Apple iPhone iOS 13 Discussion

Apple just released iOS 13.2.2. iOS 13 clearly has a lot of bugs that needed fixing. "Bugs" have been around since the beginning of software. They aren't going away. What's changed is now we have the technology to reliably put out updates quickly over the air. In the past those bugs might not have ...
by stan1
Fri Nov 08, 2019 7:29 am
Forum: Personal Consumer Issues
Topic: Is selling trees for lumber Immoral?
Replies: 33
Views: 2650

Re: Is selling trees for lumber Immoral?

Seems like best approach would be to hire one person to identify which trees to be cut (with sustainability in mind balanced with value if you tell him you want to make some money out of it too) and then hire another person to actually cut down the trees that are tagged. It does become a bit of a pr...
by stan1
Thu Nov 07, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Selling to Carmax: Fix then Quote vs. Quote then Fix
Replies: 23
Views: 1899

Re: Selling to Carmax: Fix then Quote vs. Quote then Fix

bagelhead wrote:
Thu Nov 07, 2019 9:52 pm
- get the quote, then sell without fixing
Pretty sure its this in many cases. You could spend a lot of money on minor fixes (especially if paying labor) for things that Carmax doesn't care about.
by stan1
Thu Nov 07, 2019 8:54 pm
Forum: Personal Investments
Topic: Investment Allocation and Related Questions
Replies: 6
Views: 435

Re: Investment Allocation and Related Questions

If it was me and I was receiving windfalls I otherwise would not have expected while still having a secure job? I'd use the first $1M to pay off the mortgage and fund education accounts for kids. I'd also do some work around the house if it would improve my family's enjoyment of it. Done, what a lux...
by stan1
Thu Nov 07, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: recommendation request for cell data service and device
Replies: 9
Views: 857

Re: recommendation request for cell data service and device

I have an unlimited plan with ATT for $55/month with a layered autopay and 10% employer discount.

At that price it is nice not to have to worry about up and down months.
by stan1
Thu Nov 07, 2019 7:59 pm
Forum: Personal Investments
Topic: Is there any vanguard fund similar to Target Retirement NOT so intl heavy??
Replies: 15
Views: 1390

Re: Is there any vanguard fund similar to Target Retirement NOT so intl heavy??

I'll go out on a limb and predict Schwab's new robovisor platform, once available, will let you customize a portfolio allocation (such as a target retirement fund) and it will auto rebalance to maintain the asset allocation you define. I expect you will be able to choose Vanguard ETFs. Stand by a fe...
by stan1
Thu Nov 07, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Disability and Financial Independence - Drop Coverage?
Replies: 25
Views: 1136

Re: Long Term Disability and Financial Independence - Drop Coverage?

Since it is a group policy can you opt back in next year without a medical exam?
by stan1
Thu Nov 07, 2019 7:45 am
Forum: Personal Consumer Issues
Topic: When to buy Car extended warranty ?
Replies: 55
Views: 2635

Re: When to buy Car extended warranty ?

If you want the extended warranty:
1) Only buy an official Mercedes branded warranty (not a third party warranty dealers often prefer to sell you)
2) Make sure it covers most of the electroncis
3) Negotiate the price down. Target 33-50% off the first number they give you.
by stan1
Wed Nov 06, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Federal Dental and Vision insurance - Opt out?
Replies: 6
Views: 575

Re: Federal Dental and Vision insurance - Opt out?

I self insure for vision and dental because my expected costs each year are much lower than premiums. Also a number of established dentists in my area do not participate in any of the federal dentistry plans. There are other dentists who do participate in the federal plans. I'm assuming reimbursemen...
by stan1
Wed Nov 06, 2019 8:10 am
Forum: Investing - Theory, News & General
Topic: Tax Disadvantage of Index Funds
Replies: 10
Views: 1017

Re: Tax Disadvantage of Index Funds

When analysts and authors list out the advantages and disadvantages of owning index funds vs. individual stocks, I have yet to find any information on the clear tax disadvantages of owning index funds. Dividends on common shares are qualified and taxed a top federal rate of 20%, while dividends pai...
by stan1
Tue Nov 05, 2019 9:56 pm
Forum: Personal Consumer Issues
Topic: The Shade Store -anyone use them or have recommendations
Replies: 12
Views: 1084

Re: The Shade Store -anyone use them or have recommendations

We bought a five panel sliding system to cover a sliding door (replacing vertical blinds) from Shade Store. Quality is high and good service, including an installer who realized he had the wrong mount for the blind and stopped work before he drilled holes into the wall that would have needed patchin...