Search found 4931 matches

by stan1
Sun Nov 19, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 82
Views: 6318

Re: The valet smashed my Tesla into a brick wall!

+3 on hiring a lawyer especially if the car has significant damage that would make it difficult to repair (e.g. damaged frame). If the car has a lot of damage you should be pushing to get it totaled not repaired. If you want it replaced not repaired as best they can bring in your attorney now. You m...
by stan1
Sun Nov 19, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 57
Views: 2374

Re: How much do you budget for vacation?

When we travel there are areas we don't skimp on. For example we don't skimp on location of accommodations. I'd never book accommodation in London or Paris for a 1-2 week trip that didn't have a central tube/metro stop within a block or two of the hotel. We'll hire a private guide with a Ph. D. in A...
by stan1
Sun Nov 19, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 57
Views: 2374

Re: How much do you budget for vacation?

People who like to travel spend money on travel. People who like boats buy boats. People who like ceramic figurines buy ceramic figurines. Our annual expenses for boats and ceramic figurines are zero. We don't keep a budget but our annual travel expense is usually under 5% of gross income and under ...
by stan1
Sun Nov 19, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Costco kitchen Cabinets and design service....
Replies: 11
Views: 2310

Re: Costco kitchen Cabinets and design service....

As I may do a kitchen soon I have a question about this. Is an MDF carcass (I assume this refers to the sides and back) intrinsically superior to plywood? In the past I had a kitchen done with Woodmode that did seem to be MDF but which I found highly satisfactory. Woodmode offers a very high qualit...
by stan1
Sun Nov 19, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options
Replies: 17
Views: 574

Re: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options

Thanks to advice on this forum, I am switching to the "Trev H Four-Fund Portfolio" (https://www.bogleheads.org/forum/viewtopic.php?t=38374), which uses equal portions of: Vanguard Total Market (VTI) Vanguard Total International Ex-US (VXUS) Vanguard Small Value (VBR) Vanguard International Small Ca...
by stan1
Sun Nov 19, 2017 11:40 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 603

Re: is Amazon a monopoly?

One may discover that many Bogleheads, like many Americans, believe big tech companies truly care about us and intend to make our lives better. People may not stop to consider unintended consequences. I would guess that many (most?) tech users still mistakenly believe that they are the customer. Th...
by stan1
Sun Nov 19, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 603

Re: is Amazon a monopoly?

Sandtrap wrote:
Sun Nov 19, 2017 11:15 am
If there were equivalent alternatives to Amazon, I would gladly shop between them. Just as I do for funds between Schwab and Vanguard.
But, I don't think it will happen soon unless someone finds out what secret sauce Bezo's is using.
Look at Jet (owned by Walmart).
by stan1
Sun Nov 19, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 603

Re: is Amazon a monopoly?

I think we are on the edge of acceptable posting topics but I will try to answer. Having a dominate market position does not automatically translate into being a monopoly. IIRC the company also has to abuse their dominate position. Bullying customers and suppliers in unrelated markets. Microsoft in...
by stan1
Sun Nov 19, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Benefits of Flagship
Replies: 38
Views: 6095

Re: Benefits of Flagship

I have been told that your assigned, Flagship advisor will almost never be immediately available, so plan on leaving a message for a return call. Tim I called about an account action I couldn't do online a week ago and got the designated rep. To be honest its the first time I've called Vanguard in ...
by stan1
Sun Nov 19, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 82
Views: 6318

Re: The valet smashed my Tesla into a brick wall!

Contact your insurer immediately.

Insist that all repairs be done in a Tesla certified body shop.

Push hard for diminished value. State insurance laws do come into play with diminished value claims.

Above are more important than whether the rental is a Tesla or Kia.
by stan1
Sun Nov 19, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Contemplating offer on a house with SolarCity lease
Replies: 9
Views: 828

Re: Contemplating offer on a house with SolarCity lease

Only accept the sellers paying off the lease through escrow with the payoff amount going to Solar City. Make the removal option too hard for the seller by insisting upon full inspections without lifting contingencies until after the work is done all while not slipping the date the house closes. Insi...
by stan1
Sat Nov 18, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 101
Views: 7244

Re: Has used furniture dropped in value dramatically?

Not sure why this is a surprise. I've never thought of furniture as an asset or investment. It's an expense. Thirty years ago people were hauling MCM stuff to the dump. In 30 more years maybe someone will want grainy Oak.
by stan1
Sat Nov 18, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Southeast Asia trip - Cash handling
Replies: 19
Views: 1160

Re: Southeast Asia trip - Cash handling

Southeast Asia is a cash economy and there is a lot of credit card fraud even in Western hotel chains (or I'm just unlucky).

Have him pull cash from an ATM attached to a brick and mortar bank only (preferably inside but I'd avoid independent ATMs).
by stan1
Sat Nov 18, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3109

Re: Do you include the sale of your home as part of your retirement planning?

I view it as a neutral. We'll either be living in a paid off house/condo or using the proceeds from selling a home to pay rent. Either way housing costs are covered up until we need years of specialized care which would then be funded out of investments and retirement income (e.g. dividends, SS). I ...
by stan1
Sat Nov 18, 2017 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Why did Vanguard drop TurboTax?
Replies: 15
Views: 2661

Re: Why did Vanguard drop TurboTax?

Right, Vanguard's expense ratio reductions including Admiral shares over the past 20 years more than offset the cost of TurboTax plus it gives you the choice to buy which tax software you want to use. Vanguard's average expense ratio in 1996 was 0.29%; in 2016 it was 0.12%. That includes their activ...
by stan1
Thu Nov 16, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 101
Views: 7244

Re: Has used furniture dropped in value dramatically?

We cleared out my mom's house in 2013. She lived in a rural, frugal area where garage sales are still very popular. We gave a few items to people who had worked in her house (cleaning lady). Everything else was set out for a garage sale priced at $10-30. Most everything went and the rest was donated...
by stan1
Wed Nov 15, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: How do you stop junk mail?
Replies: 29
Views: 1482

Re: How do you stop junk mail?

The USPS has to come to my house every day to see if I have any outgoing mail (at least to drive by, I have a flag for outgoing mail). UPS, FedEx, Amazon, and others only come to my house if I have a delivery. I have outgoing mail maybe once or twice a month these days and legitimate first class mai...
by stan1
Wed Nov 15, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Complaint Escalation [at Vanguard - how to?]
Replies: 6
Views: 1073

Re: Complaint Escalation [at Vanguard - how to?]

I'd call the toll free Flagship number 800-345-1344 and tell them you aren't happy with how a situation is being handled and request escalation. Can you elaborate on the nature of the complaint? With specific information you might get better advice. Unclear to us whether your concerns are related to...
by stan1
Tue Nov 14, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: How do you stop junk mail?
Replies: 29
Views: 1482

Re: How do you stop junk mail?

A number of years ago we did a permanent opt out from "optoutprescreen.com". This site is run by our dear "friends" at the Big 4 credit bureaus in order to comply with the Fair Credit Reporting Act mandate for a credit card and insurance offer opt out process. Because they make money selling your da...
by stan1
Mon Nov 13, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Help with daughters first investments
Replies: 12
Views: 709

Re: Help with daughters first investments

Roth IRA with Vanguard Target Retirement 2065 in it. Start her out with simplicity not complexity.

This teaches her about : indexing, low cost, asset classes, reducing risk as one gets closer to retirement.
by stan1
Sun Nov 12, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off Home mortgage, partner doubts?
Replies: 40
Views: 2885

Re: Paying off Home mortgage, partner doubts?

OneWorld111 wrote:
Sun Nov 12, 2017 3:41 pm
Finally, its better to ask for forgiveness then permission.
Oh gosh, not with my spouse or my boss for that matter.
by stan1
Sun Nov 12, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Investing HOA reserve money?
Replies: 24
Views: 1075

Re: Investing HOA reserve money?

Sandtrap wrote:
Sun Nov 12, 2017 3:25 pm
You have a moral and fiduciary responsibility to the homeowners to preserve the principal before all else.
Fiduciary yes, moral no. I do not want my HOA attempting to exercise moral responsibilities. Slippery slope.
by stan1
Sun Nov 12, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Investing HOA reserve money?
Replies: 24
Views: 1075

Re: Investing HOA reserve money?

Board members have a fiduciary duty to protect association assets. If ever required the Board's attorney would easily be able to defend that an FDIC insured account is a reasonable way to protect assets. An attorney would have a hard time doing so for any investment that could lose value. Also you c...
by stan1
Sun Nov 12, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 72
Views: 7198

Re: Personal letters to the sellers of your house can work!!!

Helps to understand everyone's motivations. Sometimes sellers have an emotional attachment to their home. They have good memories with family and friends. They raised their kids in the house and want to see someone else do the same. Their neighbors are friends and want someone who is active in the c...
by stan1
Sun Nov 12, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Better way to get rid of old fridge?
Replies: 38
Views: 2411

Re: Better way to get rid of old fridge?

SrGrumpy wrote:
Sun Nov 12, 2017 11:59 am
$15? C'mon!
Yep, its at least $50 to take it away where I live. You have a bargain.
by stan1
Sun Nov 12, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Frontier Flight Fees
Replies: 17
Views: 1162

Re: Frontier Flight Fees

Frontier has some flights I'm interested in for $91 / ticket. Other flights that day are ~$300 / ticket. But Frontier almost seems like a scam with the varying fees like bag fees changing depending on the season and when you specify your checking your bag. Anyway, have other been happy flying with ...
by stan1
Sun Nov 12, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Paying off Home mortgage, partner doubts?
Replies: 40
Views: 2885

Re: Paying off Home mortgage, partner doubts?

If you are planning to buy a new home in the next year or two I'd say your wife is right. If you are planning to keep the current house as a rental how will you fund the down payment, move in costs, and updating costs of the new house that aren't part of a mortgage? Perhaps you have hundreds of thou...
by stan1
Sun Nov 12, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Working on elevator pitching, sales charisma
Replies: 8
Views: 847

Re: Working on elevator pitching, sales charisma

Have your pitch down (written and memorized), but don't recite it. Be flexible and know your audience and what they are looking for. Don't go techno wonk if the person you are talking to isn't into that. It's a lot about self awareness and reading others.
by stan1
Sat Nov 11, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 10
Views: 975

Re: Asset Allocation

You stated you are not comfortable with your asset allocation. Do not use Social Security as a way to rationalize a decision you are uncomfortable with. Treat social security as future income. You can't invest it or control it.
by stan1
Fri Nov 10, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16211

Re: Flying first class, business, versus economy.

j0nnyg1984 wrote:
Fri Nov 10, 2017 7:10 pm
I'm 6'8" and fly weekly for work.
I'm 5'8" tall. Please continue to pay for upgrades, I don't want you sitting next to me in a coach middle seat.

:twisted:
by stan1
Fri Nov 10, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Are You Comfortable With State Specific Muni Money Funds
Replies: 7
Views: 709

Re: Are You Comfortable With State Specific Muni Money Funds

I am in California and in the highest tax bracket, I know the difference after tax is minor comparing the Schwab Value Advantage to the Schwab CA Muni Money fund. Are you comfortable with the safety of a muni money market fund? Thanks Short answer: yes, very unlikely to break the buck. How much do ...
by stan1
Fri Nov 10, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: Initial Vanguard capital gains distribution announcement
Replies: 14
Views: 1684

Re: Initial Vanguard capital gains distribution announcement

Interesting that Health Care Adm and Inv have a hefty CG percentage, but none for VHT (the EFT, which i own). I’m curious since i thought that EFT and Admiral were the same class. The capital gains distributions listed are for the actively managed Health Care fund that's been around since 1984. It ...
by stan1
Fri Nov 10, 2017 6:39 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8426

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

I think it is viewed by some as an eccentricity. Do you mind if others think you are eccentric? In some careers like academia, science, or tech it's no big deal. If you are working in sales I'd advise against it.
by stan1
Fri Nov 10, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: $23k credit card emergency
Replies: 76
Views: 8017

Re: $23k credit card emergency

Seems like you have too much left out of your budget on "little things" that add up: - gifts (unlikely to be zero) - dining out, coffee, entertainment, clothing (unlikely to be zero) Also I don't see the minimum monthly payments on the credit cards as part of your budget although you say you are put...
by stan1
Fri Nov 10, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Steam Oven vs Microwave?
Replies: 7
Views: 541

Re: Steam Oven vs Microwave?

There are steam ovens, combi steam ovens (with convection), and convection microwave (speed) ovens. I'd see no reason to get the steam oven by itself. If you want one of these as a second oven I'd get the combi steam/convection oven or a speed oven. Also make sure whatever you buy as a built in oven...
by stan1
Fri Nov 10, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 67
Views: 4255

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

mhc wrote:
Fri Nov 10, 2017 9:05 am
No.

I also don't keep monuments of other bad decisions around like:
ex-wife
bad friends
wrecked cars
broken dishes
Good job! Better said than what I was going to write but I have the same sentiment. Never hold regrets, just try to do better next time.
by stan1
Fri Nov 10, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16211

Re: Flying first class, business, versus economy.

Premium economy might be a good compromise. The product is different on every airline. On United you just get more legroom with the same seat as economy. On Lufthansa or British Airways you get a completely different wider seat with a foot rest and more comfortable recline.
by stan1
Fri Nov 10, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value vs Total Bond Market Funds
Replies: 9
Views: 704

Re: Stable Value vs Total Bond Market Funds

If it was me I'd use some of both.

For stable value funds look at the net yield not the expense ratio. For bond funds look at the SEC yield.
by stan1
Fri Nov 10, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 72
Views: 7198

Re: Personal letters to the sellers of your house can work!!!

Definitely helps when the house is special to the seller and you have a good story to tell: kids, want to be part of close neighborhood, will take care of a historic home. Also helps if you can learn a little about the seller to find out you have an affinity (physicians sometimes prefer to sell to o...
by stan1
Fri Nov 10, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Steam Oven vs Microwave?
Replies: 7
Views: 541

Re: Steam Oven vs Microwave?

We have a combination convection steam oven (Miele). Great for boiled eggs, vegetables, and fish. We use the convection features as much as the steam features for everything else. Rarely use the full size oven since we cook for 2 almost all the time. It is not a replacement for a microwave and we ha...
by stan1
Fri Nov 10, 2017 9:04 am
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 87
Views: 6112

Re: Spam calls to cell phone...

I essentially whitelist my mobile phones and only answer calls that are in my contact list. If anyone needs to reach me they can leave a message but most people text or email now instead of calling now. Spammers leave a message less than 10% of the time. My dentist and optometrist have automated tex...
by stan1
Thu Nov 09, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: New [Member] Portfolio Advice
Replies: 5
Views: 382

Re: New [Member] Portfolio Advice

You generally would not want to buy Total Bond Market in a taxable account and hold it long term. Is the money in the savings account from income or a windfall (such as an inheritance or settlement)? If I was 27 I'd be: - building an emergency fund (also to pay for things like a new car, home down p...
by stan1
Thu Nov 09, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Best Approach for Purchasing Many Furnishings
Replies: 27
Views: 1688

Re: Best Approach for Purchasing Many Furnishings

Think about whether you really need extra seating or dining space. Only get furniture you will use, don't just fill up the space. You'll invariably move and more furniture means more hassle. That means probably stay away from the stores that sell by the room. Likewise if you get a lot of storage you...
by stan1
Thu Nov 09, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: How can I get my kids into Vanguard Primecap
Replies: 12
Views: 1587

Re: How can I get my kids into Vanguard Primecap

PRIMECAP is a low cost actively managed fund with relatively low turnover, but it still can throw off large capital gains distributions. Fine for your kids to hold long term but I'd want them to have a PRIMECAP fund in a tax advantaged account not a taxable account.
by stan1
Thu Nov 09, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for repaying wife's law school loans
Replies: 23
Views: 1952

Re: Strategy for repaying wife's law school loans

Seems to me like there are too many things up in the air to optimize this. Could you pay down the student loans faster now that wedding, down payment, etc. are covered while still maxing retirement savings (401Ks, IRAs)? $81K is a lot of money, but at the same time its only 38% of one year's gross i...
by stan1
Thu Nov 09, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Federal Retiree Health Care with/Medicare
Replies: 150
Views: 9401

Re: Federal Retiree Health Care with/Medicare

As to hospitals no longer being in BC/BS network, at least in my area of western N.C. there is only one "major" hospital within a 50 mile drive, and it parted ways with BC/BS as of early Oct. Both sides blame the other for failure to continue the contract. Rumor has it they may come to an agreement...
by stan1
Wed Nov 08, 2017 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Invited to join a new credit union
Replies: 7
Views: 699

Re: Invited to join a new credit union

Is it federally regulated and insured? I would not join a state chartered credit union that lacks federal insurance.
by stan1
Tue Nov 07, 2017 9:52 pm
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 34
Views: 2928

Re: Fair Price for a Kitchen Remodel

We remodeled our kitchen in San Diego last year. Your costs seem pretty close to what we paid our subcontractors who were very professional and fast (e.g. not low cost so if you want lowest cost you can find cheaper). Cost for the general contractor and designer/project manager would be on top of yo...
by stan1
Mon Nov 06, 2017 8:40 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 39
Views: 3920

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

They sent two batches of notifications. I voted the first batch (two ballots, one taxable and one Roth IRA), then more emails came about a week later. I thought it was a duplicate and ignored it. Then I got about 20 phone calls and went back into the website to find I needed to vote two more ballots...
by stan1
Mon Nov 06, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Instacart vs Amazon Fresh
Replies: 1
Views: 205

Re: Instacart vs Amazon Fresh

Guessing WF (Amazon) will exit their partnership with Instacart when they can. In my area Instacart has a partnership with Costco, CVS, the local Kroger brand, and a local specialty organic market so pretty good breadth even without WF in the lineup. Do you have Envoy in your area? They will shop at...