Search found 5524 matches

by stan1
Sun Jun 24, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: European Delivery in November [car]
Replies: 1
Views: 141

Re: European Delivery in November

If the car comes with performance (summer) tires you would need to rent snow tires. In addition to common sense you'd have to find out if the insurance package provided by Audi required snow tires. I chose to do my BMW delivery in April partly to avoid this hassle. At the time (2010) there was a tir...
by stan1
Sun Jun 24, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 40
Views: 2839

Re: So much angst

These debates and angst are over perfection vs. good enough. In general what you propose is good enough for many situations. If you have taxable accounts and have high income separating out equities and bonds into different locations might defer taxes owed.
by stan1
Sun Jun 24, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund and KQED
Replies: 6
Views: 383

Re: Donor Advised Fund and KQED

You can set up the grant to include your full personal information (including address), just the name of the fund, or the grant can be anonymous. I include personal information when I use my DAF to make an annual gift to my alumni association and my gift is recognized as if I'd given cash. You can a...
by stan1
Sun Jun 24, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 80
Views: 4605

Re: When did you start flying business class?

[ I make closer to one million a year than to 500k. But will not be making this kind of money forever. I plan to transition to a position that pays a more “modest” 450k to 500k in a few years. Will retire at age 55. Our monthly household expenses is about 15k. Clearly I have the money to pay for th...
by stan1
Sun Jun 24, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: CA Muni bond fund - reinvest vs transfer to MMF
Replies: 11
Views: 654

Re: CA Muni bond fund - reinvest vs transfer to MMF

For a general retirement type portfolio I've read that people here like to have 33-50% in CA munis and the rest in national muni, so as not to be exposed to too much risk in only 1 state. You have to look at your full portfolio to assess risk. Some of the people who give this advice do not live in ...
by stan1
Sat Jun 23, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Buying new home while selling current one Qs
Replies: 19
Views: 1023

Re: Buying new home while selling current one Qs

find a lender who would give you a mortgage for the new house while you still own the paid for condo. You cannot assume every lender will readily do this really? this is news to me, but we dont know much soo.... i thought not having a mortgage an having a paid off condo would be in our favor. You h...
by stan1
Sat Jun 23, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Buying new home while selling current one Qs
Replies: 19
Views: 1023

Re: Buying new home while selling current one Qs

You would need to find a lender who would give you a mortgage for the new house while you still own the paid for condo. You cannot assume every lender will readily do this. The lender might insist you have the condo in escrow or a one year lease agreement prior to close of escrow on the new house. I...
by stan1
Sat Jun 23, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 108
Views: 8142

Re: Did you celebrate when you finally hit $1m?

I try not to be competitive about our net worth. It is what it is based on the things I have some degree of control over like asset allocation and savings rate. If I'm trying to impress myself or someone else with a large net worth number I'm more likely to take more risk than I should be taking. Th...
by stan1
Fri Jun 22, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Trustee for mom's estate: large reserve recommended
Replies: 21
Views: 1481

Re: Trustee for mom's estate: large reserve recommended

It is normal (and generally wise) for an accountant to give conservative advice in a situation like this. It's a lot easier to withhold distributions than it is to realize too much was distributed, especially if four heirs are involved. As the executor I would leave cash assets in an FDIC insured ac...
by stan1
Fri Jun 22, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: How to get cheap flights?
Replies: 18
Views: 889

Re: How to get cheap flights?

Are there ever cheap flights for a holiday week? I can't imagine why the airlines would do that, even if you bought tickets six months in advance. Yes, I've gotten good prices on Southwest for Thanksgiving week by buying about 4 months out. In general I know what a good price is out of my primary a...
by stan1
Fri Jun 22, 2018 7:26 am
Forum: Personal Consumer Issues
Topic: How to get cheap flights?
Replies: 18
Views: 889

Re: How to get cheap flights?

You may have waited too long. When you are under two weeks prices are more likely to go up than down but there's really no way to predict airline pricing. My advice would be to look directly at every airline's website that will get you where you want to go with one stop over and compare prices. Also...
by stan1
Thu Jun 21, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 2966

Re: Does an IPS really need to be 5 pages long to be valuable?

The best IPS is simple, such as: "Maintain an emergency fund of $XK and save at least 20% of salary each year by maximizing Roth IRA and 401K contributions and investing in Vanguard Target Retirement 20XX." That's very clear and actionable for your adult daughter who might not be an expert in invest...
by stan1
Thu Jun 21, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 1838

Re: Is a Donor Advised Fund worth it? (Strategy)

If you are close to 70.5 and are facing required minimum distributions from Traditional IRA/401K accounts there's a good chance under current tax law you'll be better off making qualified charitable distributions. RMDs are otherwise taxed as ordinary income. If you are much younger a DAF may still b...
by stan1
Thu Jun 21, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Buy new truck before retiring?
Replies: 53
Views: 2629

Re: Buy new truck before retiring?

Seems like this is a personal preference. If you are like me and the smaller engine would frustrate you while pulling the trailer I'd keep the old truck and get the best cash back card for fuel purchases I could find. The Costco Visa card, which many people already have, is 4% right now.
by stan1
Wed Jun 20, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: 5 yr cd at 3%
Replies: 12
Views: 1759

Re: 5 yr cd at 3%

Locking in 3% for 5 years back in 2013 proved to be very good for an FDIC account. I'm less optimistic we'll feel that way about 3% in 2023 but that's just my guess.
by stan1
Tue Jun 19, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9770

Re: Messy Divorce -- Forensic Accounting Help....

If you think there was taxable income that should have been reported to the IRS but wasn't your attorney should be dealing with this as part of the settlement. If necessary amended returns should be part of the settlement and you may need a tax attorney as well as a divorce attorney. Unfortunately t...
by stan1
Tue Jun 19, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for various forms of equity
Replies: 10
Views: 460

Re: Accounting for various forms of equity

There is no right or wrong answer. What approximate percentage of your net worth are these holdings? Do you have millions of dollars outside of these holdings to fund your retirement so these essentially are "play money"? If they are a small percentage of your net worth I wouldn't worry about it. If...
by stan1
Tue Jun 19, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Help finding 457 and 401 provider for small governement
Replies: 2
Views: 121

Re: Help finding 457 and 401 provider for small governement

You may get lucky and get an answer or two here, but since this is a very specialized question the main thing I'd be doing is contacting similar small public agencies in Georgia and asking them the same questions.
by stan1
Tue Jun 19, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 30
Views: 3191

Re: Value of a Military Retirement

I don't have much to add to help other than asking "what's best for you and your family" since you make no mention of this? How do they feel about potential relocation and deployments? Do you enjoy the job or are you ready for something different? The military is bureaucratic in some ways but my fri...
by stan1
Mon Jun 18, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9770

Re: Messy Divorce -- Forensic Accounting Help....

I would follow the directions given to me by my attorney to the letter.
by stan1
Mon Jun 18, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2497

Re: Would you pay off mortgage in my situation?

I would only pay off my mortgage if I was maxing out tax advantaged account contributions (401K and IRA) and if I also had a six figure taxable investing account invested in holdings like Total Stock Market and Total International Stock Market. You don't want to become house poor.
by stan1
Mon Jun 18, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Planning to buy a home in California
Replies: 8
Views: 724

Re: Planning to buy a home in California

You say you have sufficient cash to buy outright so in the Bay Area that would be more than $1M I'm assuming. Is that money invested now or is it in cash? I'd put the amount of money you need for a solid down payment (say 30%) into a money market fund or CD and the rest I'd invest per your asset all...
by stan1
Mon Jun 18, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on House Purchase
Replies: 13
Views: 1678

Re: Sanity Check on House Purchase

Yes, in general a couple with an income of $84K/year and no debt can comfortably afford to buy a $190K house especially if you have some room for income growth in future years. Being Bogleheads there might be a few people who say "no" who are very risk averse or don't believe in buying homes in the ...
by stan1
Sun Jun 17, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7528

Re: Which Supermarket are you?

Military commissary for everything but meat. We do not buy in bulk for two people.
by stan1
Sun Jun 17, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 57
Views: 4460

Re: African Safari: Worth it or Hype?

I would only do such a trip if I was in an SUV with a driver, guide, and no other tourists. Lodging would not need to be luxury. I would not do it if I was in a bus or van with other people. Cost would be higher but sometimes a bargain is not a good deal. Fully independent might be an option too but...
by stan1
Sun Jun 17, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Take Advantage of Stable Value Fund?
Replies: 22
Views: 1312

Re: Take Advantage of Stable Value Fund?

If your fixed income allocation is 10% whether you leave that in Total Bond Market or move some or all of it to a Stable Value fund for a few months or even a few years will have negligible impact during your long term investing time horizon. I do some timing on bond duration and yield. I am happy w...
by stan1
Sun Jun 17, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 2064

Re: Vanguard email about transition fund accounts to new brokerage platform

Since I have mutual funds and ETFs I converted my taxable account several years ago. Works fine for me. I do not have the option of converting my Roth IRA that also has both funds and ETFs in it. I'd convert it also if I could. Given that some customers (at least me) don't have the option to convert...
by stan1
Sun Jun 17, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Italy Trip Questions
Replies: 33
Views: 1850

Re: Italy Trip Questions

Don't go to Italy in the summer. They don't like air conditioning, ice, or cold drinks as much as Americans do. And it does get warm. Agree on avoiding Italy in summer. It's not that they don't like air conditioning. Remember Italy imports pretty much all its energy. They don't have oil or natural ...
by stan1
Sun Jun 17, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Italy Trip Questions
Replies: 33
Views: 1850

Re: Italy Trip Questions

Your post indicates you want to save money, so the options I'm going to discuss are less convenient. Personally I would pay a pretty big premium to get a non-stop flight from your nearest large airport to Rome. If you don't live near a large airport in the US you have many choices on where your layo...
by stan1
Sat Jun 16, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5091

Re: A vehicle that "sits up" but can't afford CRV

Kia Souls have quite the following from people who want a car that's easy to get into and offers plenty of shoulder/hip room. The box on wheels fad is mostly over but the Soul is still a pragmatic choice. Plus the Kia warranty. I think its a good value new. You could see what a 3-5 year old used one...
by stan1
Sat Jun 16, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Accident Settlement
Replies: 7
Views: 868

Re: Auto Accident Settlement

In CA I'd consult an attorney if there are injuries resulting from an auto accident. Every state is different.
by stan1
Fri Jun 15, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: How to value a truck for sale
Replies: 5
Views: 353

Re: How to value a truck for sale

People who work in construction or maintenance will be willing to pay for a beat up truck that runs decently. I think $950 is low unless you want it gone very fast. I'd do maybe $1400 and be willing to negotiate down for a quick sale. If you price it at $950 buyer will see it in person and want anot...
by stan1
Thu Jun 14, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Home Sellers - do you read Buyer inspection reports?
Replies: 25
Views: 2060

Re: Home Sellers - do you read Buyer inspection reports?

If you are the unfortunate owner of a property with a major defect such as a failed foundation, fire, or repeated flooding that is either very expensive to fix or unfixable in full I'd be handling the sale very differently than if you are worried about a few windows that don't latch tightly. I would...
by stan1
Thu Jun 14, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1282

Re: FIRE to Sweden from Switzerland on 1M euro?

I think my advice for under 40 FIRE would be the same in Sweden as it is in the US. A lot can change in 50 years let alone 5 years. I think semi-FIRE works best for people under 60. You can tell everyone you are "retired" from your stressful city job but you actually are working doing something you ...
by stan1
Mon Jun 11, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1591

Re: House sale by owner - Problems & Pitfalls?

When we sell our house, we want to do the sale ourselves in conjunction with our lawyer rather than use a real estate agent (savings approx. $12K). I would appreciate comments by folks who did execute a 'sale by owner' and the problems / pitfalls they encountered. Thank you. Often times an FSBO buy...
by stan1
Mon Jun 11, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1591

Re: House sale by owner - Problems & Pitfalls?

NOR is a realtor a negotiator This comes down to picking the right realtor. Negotiation is a human soft skill that can be honed through experience. Some people are better at it than others. Absolutely no need for a certificate or specialized training in negotiation although some people may have tha...
by stan1
Mon Jun 11, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Amsterdam
Replies: 12
Views: 858

Re: Amsterdam

First consumer discussion on cannabis I think? BH.org has come a long way. We'll have to see if the mods agree and thread stays active/visible.
by stan1
Sun Jun 10, 2018 6:04 pm
Forum: Personal Consumer Issues
Topic: The effect of a difficult last name on employment prospects...
Replies: 43
Views: 3520

Re: The effect of a difficult last name on employment prospects...

One person I know in this situation has not changed his name, but he goes by the first syllable. For example Mr. Yazaglobaslotsky becomes Mr. Yaza. This is something people will work with you on. When you aren't selected for positions what mentoring do you get from the members of the hiring panel? Y...
by stan1
Sun Jun 10, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Will VTI certainly outperform VOO in the long run?
Replies: 7
Views: 459

Re: Will VTI certainly outperform VOO in the long run?

Is VTI guaranteed to outperform VOO because of the presence of smaller cap stocks? There is no guarantee because there is no way to predict the future. You will find periods in the past and future where one was slightly better than the other. I believe owning as much of the market as possible is mo...
by stan1
Sun Jun 10, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: Paint shutters or remove
Replies: 7
Views: 717

Re: Paint shutters or remove

I would leave some sort of shutter if they add to the house's curb appeal. We've had decorative shutters refinished in place and replaced over the years. If you are replacing you may want to consider a flat or raised panel design instead of slats. They are much easier to sand down and repaint. We've...
by stan1
Sun Jun 10, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Moved Family Across Country for New Job and Job is now gone
Replies: 27
Views: 6455

Re: Moved Family Across Country for New Job and Job is now gone

Sorry to hear that. Most important thing for you and your family is to do your best not to let it get you down. This is something you have no control over. Try your best to keep a positive attitude and be enthusiastic for new opportunities. Seems at this point you have no geographic ties so I'd open...
by stan1
Sat Jun 09, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Foreign language immersion daycare
Replies: 50
Views: 2570

Re: Foreign language immersion daycare

No. The only way I would even remotely consider this is if you, the parent, speaks one of these foreign languages also at home. Do you? After-school programs are typically child care. If you speak the language at home you don't need the immersion especially as an infant/toddler. The driving would c...
by stan1
Sat Jun 09, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Getting into real estate?
Replies: 10
Views: 938

Re: Getting into real estate?

I'd just add that if you are 22 or 23 and wouldn't mind 3 roommates now you might feel very differently in just a few years. You might have a lot of friends your age right now who you would enjoy having as roommates because you have common interests but as everyone gets older your friends will want ...
by stan1
Sat Jun 09, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3012

Re: Porsche Macan

I just looked and my local Porsche dealer has 77 Macans (34 S models) in inventory right now so not that scarce. I did this because I've noticed they have multiple lots filled with unsold new vehicles and lease returns located a few blocks away from the dealership. I'd negotiate just like at any oth...
by stan1
Sat Jun 09, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Merrill edge closing expat accounts
Replies: 10
Views: 1055

Re: Merrill edge closing expat accounts

I'm surprised they told you because I'm guessing their lawyers and compliance officers would spin up sky high if they knew a Merrill employee was saying that.
by stan1
Sat Jun 09, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Penfed CD @ 3% - 5 year
Replies: 16
Views: 2181

Re: Penfed CD @ 3% - 5 year

3% for an FDIC insured "zero risk" investment five years ago seemed like a good deal back then and I'd assess that it played out nicely for someone who wanted a "zero risk" investment. I do not think 3% for the next five years is a good deal, but that's just me speculating. I'd use something like Pr...
by stan1
Sat Jun 09, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Indecision on Career Move - Fed to Industry
Replies: 21
Views: 1303

Re: Indecision on Career Move - Fed to Industry

With the information you've provided you could be me in a different state of residence but I'm 15 years ahead of you and I didn't feel like you do at the time. Chaotic means different things. I've spent most of the last 20 years in a very chaotic environment but have enjoyed managing change and achi...
by stan1
Sat Jun 09, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Planning Silver Sea cruise
Replies: 2
Views: 369

Re: Planning Silver Sea cruise

Silversea is very nice and they will take good care of you. I would not hesitate in any way so long as you understand its not a casual experience. You will not find many children on board and there will be many people around your age. Everything is subjective but we've found Silversea (and Crystal) ...
by stan1
Fri Jun 08, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 3365

Re: Found an FSBO home for sale. How to avoid Realtor?

Another typical RE thread with lots of opinions by people who have never been Realtors and don't understand the game. Enough of that. One BIG problem of buying from a FSBO is you have no idea how they priced the house. It could be 10% high (or 10% low). I'd seriously consider paying for an appraisa...
by stan1
Thu Jun 07, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Breaking Up and Staying On Good Terms with an Advisor
Replies: 28
Views: 3168

Re: Breaking Up and Staying On Good Terms with an Advisor

First I would initiate the transfer at Vanguard. Then I would write a polite email to the advisor thanking him for helping you learn about investing and that you've decided to move the account elsewhere. Period. No need to start a debate about low fees or the value added of an advisor or mention you...