Search found 454 matches

by chw
Mon Sep 24, 2018 5:33 am
Forum: Personal Finance (Not Investing)
Topic: How did you decide when to retire?
Replies: 54
Views: 7710

Re: How did you decide when to retire?

I had a soft target when I was trying to go based on when my youngest child graduated college- assuming the math worked in our favor to be able to retire. A few years before the target date, I started tracking household expenses, and then estimated how that could change in retirement- the biggest ch...
by chw
Sun Sep 16, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 8921

Re: Delaying Social Security Until 70

A financial advisor with AUM may tell a client to take SS at age 62 to avoid spending down savings (and thus reduce the advisors fees). I have an acquaintance that is an FA, and always advises his clients to take SS at 62. We've debated why this is a bad idea for most folks (or at least wait til FRA...
by chw
Sat Sep 15, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Smart thermostat issue - do I redo the wiring or add a transformer?
Replies: 14
Views: 1078

Re: Smart thermostat issue - do I redo the wiring or add a transformer?

I have two wires and a smart thermostat Emerson Sensi Wi-Fi Thermostat for Smart Home, ST55, DIY Version, Works with Alexa https://www.amazon.com/dp/B01NB1OB0I/ref=cm_sw_r_cp_api_jFoNBbC32F4KS Love it, works great +1. Works great. Basic app interface, but does what you are looking for in a wifi the...
by chw
Sat Sep 15, 2018 6:08 am
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 57
Views: 5659

Re: Job burnout - Keep grinding or change?

Personally, if you can take measures to make your current job more palatable for the next 10 years, I would ride it out if you can. I suspect some of the burnout could be work life balance with the demands of 4 kids and a job- that may not change dramatically with a career change. Late 40's for me I...
by chw
Wed Sep 12, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4103

Re: Fidelity, Schwab, or Vanguard

snackdog wrote:
Wed Sep 12, 2018 11:51 am
Schwab charges $76 per trade on mutual funds, which is outrageous. E-trade is $19.95.
I assume you refer to Vanguard funds. If you ask your assigned consultant, they will waive the fee (mine does). I believe the fee is simply passed on by Schwab from Vanguard.
by chw
Wed Sep 12, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4103

Re: Fidelity, Schwab, or Vanguard

I'm at Schwab. Stayed with them after I fired my advisor several years ago. They assigned a "financial consultant" when the advisor was fired. This consultant has done a nice job for me offering free trades when needed, as well as deposit bonuses when I've brought additional funds to Schwab. The con...
by chw
Wed Sep 12, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 72
Views: 5810

Re: Amazon Prime - Value?

I generally don't see the value for our family. We do use Amazon, but usually bucket items to use standard free shipping. Generally don't need items in 2 days, and standard shipping usually arrives in 2-5 days. I guess for TV shows maybe, but already have Netflix, and can only watch one channel at a...
by chw
Tue Sep 11, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: car purchase feedback experience
Replies: 20
Views: 1189

Re: car purchase feedback experience

It's unfortunate the dealer is in a small town where the OP lives. I would suspend any more communication with the salesman, and if he continues to badger you about the bonus, call corporate Toyota about the emails. In a small town I would generally try to avoid completing these type of surveys, as ...
by chw
Sat Sep 08, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1139

Re: Attic Insulation Over Plywood Floor?

I'm inclined to go forward with the Fiberglas batts given that 75% of the cost is being picked up by the utility company unless folks here think the Fiberglas install is grossly inferior to the blown in insulation. The energy audit is estimating a cost savings in heating costs of about $250/year ba...
by chw
Sat Sep 08, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1139

Re: Attic Insulation Over Plywood Floor?

Why was the plywood installed in the first place? The plywood was there when we bought the house 15 years ago. Not sure why the previous owner installed the plywood as plenty of storage in a very dry large basement area. Thank you for your reply! This sounds like my house. We had an energy audit do...
by chw
Fri Sep 07, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 55
Views: 3604

Re: Subaru: Crosstrek or Outback?

Outback owner here... only thing to affirm (from what has been said) is that parking could be tricky in the city, as the Outback has a fairly long wheel base. That being said, I don't personally have an issue parking it in the city (especially with the back up camera), but if the Crosstrek is being ...
by chw
Fri Sep 07, 2018 8:20 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1139

Re: Attic Insulation Over Plywood Floor?

Why R 19? Where I am, the PNW, we did it to R 38, which was partially subsidized by the gov... even though the subsidy was pretty skimpy. When it it gets very cold in winter... frost is on my roof, the others around me have a wet roof from the melted frost. I enjoy looking at the one visual manifes...
by chw
Fri Sep 07, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1139

Re: Attic Insulation Over Plywood Floor?

FrugalInvestor wrote:
Fri Sep 07, 2018 7:31 pm
Why was the plywood installed in the first place?
The plywood was there when we bought the house 15 years ago. Not sure why the previous owner installed the plywood as plenty of storage in a very dry large basement area. Thank you for your reply!
by chw
Fri Sep 07, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1139

Attic Insulation Over Plywood Floor?

Hello BH Community... Had a home energy assessment completed by the local utility recently. Part of the assessment recommended more insulation in the attic (75% of the cost will be covered by the local utility, though to be honest, the quote for the "full" cost seems a bit over-priced). Anyways, my ...
by chw
Wed Sep 05, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: MINT Software Or Other For Budgeting/Tracking
Replies: 20
Views: 1394

Re: MINT Software Or Other For Budgeting/Tracking

Used mint for a few years, but found it to be "buggy" at times. Became concerned over time about account security because of having to give up passwords to my accounts in order to get download updates to the software. Switched to simply doing a download quarterly into Excel from the handful of finan...
by chw
Tue Sep 04, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"
Replies: 52
Views: 4917

Re: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"

Taylor, as others have said, I personally see no signs of mental decline in your postings, and can only hope I live into my 90's with your sound judgement and advice. Your mantra of simplicity in a person's investing life should in general help those who do develop impairment later in life better ex...
by chw
Tue Sep 04, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Walmart is not Amazon
Replies: 54
Views: 6729

Re: Walmart is not Amazon

Funny how the OP started this thread as I had a recent bad experience myself with Walmart. I ordered some items from them that were priced reasonably (much lower than Amazon), and with free shipping, so decided to give them a try. The item was sold by a third party reseller- turned out to be one of ...
by chw
Fri Aug 31, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA rollover to 401K
Replies: 7
Views: 527

Re: Traditional IRA rollover to 401K

Were you referring to a taxable event if I don't rollover the funds in my traditional IRA to 401k plan? Yes. What you have done so far has already created a taxable event - rolling it back into your 401k will undo the taxable event. My point was that you appear to be worrying about potential negati...
by chw
Wed Aug 29, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA rollover to 401K
Replies: 7
Views: 527

Re: Traditional IRA rollover to 401K

Earlier this year I completed a direct transfer from my traditional IRA custodian (Schwab) to my previous employer’s (retired 2018) 401K plan which accepted such transfers of pre-tax funds. I did this in order to “separate” non-deductible contributions in the traditional IRA (which weren’t/couldn’t...
by chw
Tue Aug 28, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA rollover to 401K
Replies: 7
Views: 527

Re: Traditional IRA rollover to 401K

Bumping this post in case new eyes may have some thoughts...
by chw
Mon Aug 27, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA rollover to 401K
Replies: 7
Views: 527

Traditional IRA rollover to 401K

Earlier this year I completed a direct transfer from my traditional IRA custodian (Schwab) to my previous employer’s (retired 2018) 401K plan which accepted such transfers of pre-tax funds. I did this in order to “separate” non-deductible contributions in the traditional IRA (which weren’t/couldn’t ...
by chw
Fri Aug 10, 2018 5:09 am
Forum: Personal Finance (Not Investing)
Topic: Landlord advice needed with section 8
Replies: 38
Views: 3746

Re: Landlord advice needed with section 8

There was a time in most major metros that Section 8 tenancy appeared to provide a guaranteed rental flow for landlords, generally at above market rates. The main issue was to properly screen the tenant to assure the tenant would abide by the terms of the lease. In recent years, apartments that are ...
by chw
Wed Aug 01, 2018 6:49 pm
Forum: Personal Consumer Issues
Topic: Durable Dress Shoes for Commute
Replies: 36
Views: 2358

Re: Durable Dress Shoes for Commute

Rubber soled Rockport shoes. Good combo of style and comfort, and the rubber soles hold up very well in rain and snow. I wore dressy loafer style for years before wearing out.
by chw
Tue Jul 31, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: $4,400 Chimney Repair - Does This Make Sense?
Replies: 24
Views: 1869

Re: $4,400 Chimney Repair - Does This Make Sense?

I would get at least 3-4 bids. As you get other bids, ask about the liner and see what is said(have photos taken). I recently had some work done for a leak around the chimney, and each bid varied a bit with cause and cure- 2 even we're going to do what seemed to be inadequate leak mitigation in orde...
by chw
Fri Jul 27, 2018 6:41 am
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 3036

Re: The stock that got away

Stop looking back. Always a bad idea to have a concentration of wealth in a single stock, especially in a company you work for - think Enron. The company's fortunes could change suddenly/unexpectedly, layoffs could loom, and the equity in the stock evaporate overnight- a combination if they happen a...
by chw
Tue Jul 24, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: New mailbox and post, plus install
Replies: 16
Views: 1215

Re: New mailbox and post, plus install

As others have mentioned, the 4" wood mailbox posts from Lowes work nicely. I actually do not dig a hole- I buy a spike like receiver (for the post) that you pound into the ground with a heavy mallet. They are also sold at Lowes. Takes about 15 minutes to bang into the ground, then you bolt/clamp th...
by chw
Fri Jul 20, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13701

Re: Should I Dump a Pile of Money on Young Son?

Congrats on raising a son who appears to have solid financial values! There are lots of ways you could set up the transfer of this windfall to your son. It seems you should consult a competent estate planning attorney in your state to determine the best way to accomplish the transfer, while respecti...
by chw
Wed Jul 18, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 142
Views: 17467

Re: Salary vs. Lifestyle

Generally, mid career (mid 30's to late 40's) will offer opportunities for better pay/benefits. Employers will view this age range as optimal from an experience standpoint, with good possible job longevity for the employee/employer if circumstances work out. I was fortunate to exploit the higher inc...
by chw
Fri Jul 13, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17889

Re: COMING SOON: BOGLEHEADS PODCASTS

Bogleheads Money Sense
by chw
Tue Jul 03, 2018 4:28 am
Forum: Personal Consumer Issues
Topic: Transporting bikes with an SUV?
Replies: 38
Views: 1942

Re: Transporting bikes with an SUV?

Regarding the bike hitch, make sure the hitch you install is rated properly for the frame of the auto. The torque from the weight of 3-4 bikes can damage the frame if the hitch isn't sized and installed properly. I do use a bike hitch to transport 2 bikes- I use a Swagman 2 bike rack, which is very ...
by chw
Mon Jul 02, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: 401-k Rollover
Replies: 9
Views: 744

Re: 401-k Rollover

A few thoughts- - do you have any non-deductible contributions in a traditional IRA? If yes, you might consider doing a reverse rollover of the funds that are are tax deferred (gains on investments, and tax deductible contributions) to the old 401k custodian ( many allow you to do this). You can the...
by chw
Mon Jul 02, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: Do Advisers Add $$$ Value?
Replies: 71
Views: 5943

Re: Do Advisers Add $$$ Value?

Rick, not aware of any specific study on this subject. However, I do feel that some, if not many advisors (especially those that act as fiduciaries) do add some value. In general, the people that would benefit are those that either don't want to take the time to figure out how to DIY, or have no int...
by chw
Sat Jun 30, 2018 4:09 am
Forum: Personal Consumer Issues
Topic: glass cancer?( watermark etching)
Replies: 24
Views: 2800

Re: glass cancer?( watermark etching)

I just cleaned clear glass shower doors with mineral deposits like you describe with a paste of baking soda and warmed up white vinegar (from the microwave). Rubbed the paste with my thumb over the stains for a few minutes, and then cleaned with a professional glass cleaner product- the glass came o...
by chw
Thu Jun 28, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Inspection on home we wish to purchase - questions i should ask
Replies: 23
Views: 1434

Re: Inspection on home we wish to purchase - questions i should ask

Don’t buy a house with an underground oil tank. It needs to be removed and the state needs to certify that it was done correctly. If the owners won’t remove the tank I would move on. +1. The tank will leak eventually- just a matter if it happens to you, and if you discover it before a major cleanup...
by chw
Mon Jun 18, 2018 5:44 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1922

Re: Schwab Independent Franchise

I've had an assigned representative at Schwab for 10 years since we left our FA. He's been very helpful over the years getting us free trades, transfer bonuses, and a very good comprehensive financial review by one of their in-house CFPs at no charge a few years ago. The review was very in depth, an...
by chw
Sat Jun 16, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 67
Views: 3219

Re: Job in MA, live in MA, RI, or CT?

Generally, I would say MA, especially if buying a home that is within 30-35 miles of Boston (with commuter rail access). While you may not be commuting to Boston, one of the strongest real estate markets in the US is the metro Boston area. If renting, taxes aside, RI and CT may better suit your life...
by chw
Fri Jun 15, 2018 6:01 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Charles Schwab account
Replies: 26
Views: 3248

Re: Vanguard or Charles Schwab account

This may not apply to you- if you hold DFA funds, Vanguard will make you liquidate them if you are self managing your accounts, whereas Schwab will not. This was a deal breaker for me several years ago due to capital gains on funds held from a legacy advisor. Have been with Schwab solely for years, ...
by chw
Fri Jun 15, 2018 5:11 am
Forum: Investing - Theory, News & General
Topic: Schwab's Securities Lending Fully Paid (SLFP) program
Replies: 15
Views: 1204

Re: Schwab's Securities Lending Fully Paid (SLFP) program

I would say if you don't fully understand the investment and the risks, do not invest.
by chw
Mon Jun 11, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: [favorite] Boglehead quotes
Replies: 103
Views: 14626

Re: [favorite] Boglehead quotes

"Nobody knows the market"...
by chw
Mon Jun 11, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 56
Views: 5028

Re: Water heater installation situation

Earl, if replacing the tank is going to be a major hassle due siting it to comply with current code, perhaps look into a tankless setup, which generally can fit in smaller locations. They tend to cost more money, but I believe last longer than a traditional tank type setup.
by chw
Sun Jun 03, 2018 5:04 am
Forum: Personal Consumer Issues
Topic: Need to replace my Vizio TV..............
Replies: 35
Views: 2805

Re: Need to replace my Vizio TV..............

My Vizio also started having sound problems abou the same age. Sound bar worked, but then the picture went about 6 months later. Vizio did offer me a replacement for about $200 off comparable model at Best Buy($275 for a 55" screen), which I did purchase. The purchase price was modest, so figured I'...
by chw
Sat May 26, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: 3 days in Boston with an 8 year old
Replies: 32
Views: 2537

Re: 3 days in Boston with an 8 year old

In addition, to some of the suggestions, I would maybe try to catch a Red Sox game. It would be an awesome experience for an 8 year old if they enjoy baseball. Other takes to look into- Duck Boat tour, Boston Harbor Island Tour (I would recommend Georges Island with its Civil War era fort). The boat...
by chw
Wed May 23, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Compension tax treatment question
Replies: 21
Views: 1449

Re: Deferred Compension tax treatment question

My anticipated retirement date is January 4. I will receive supplemental retirement income for five years starting the day I retire. I believe this is considered "deferred compensation" My question is how is this reported for tax purposes? is it considered earned income or treated like a pension or...
by chw
Sun May 20, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Buying shares in Demutualized bank
Replies: 19
Views: 1771

Re: Buying shares in Demutualized bank

I would probably consider it after some basic research. Some hedge funds employed a strategy opening accounts a mutual banks across the US just for the purpose of gaining access to their IPOs as they went public. Main issue you will have is when to exit the position.
by chw
Fri May 18, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 102
Views: 5794

Re: Road trip Newark NJ to Albany

About 1/2 hour north of Albany is the town of Saratoga Springs. It is a resort type town. The horse track is closed that time of year, but the area is full of other types of attractions, venues to visit. A search of Trip Advisor should give you ideas.
by chw
Fri May 18, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3519

Re: Retiring soon - some questions

My circumstances are somewhat similar to yours (retired last year at age 59/DW is 61). We have some deferred income for 3 years, and plan other income needs from taxable dividends and our tax deferred account. Because of the deferred income, we won't qualify for the ACA subsidy for a few years, so a...
by chw
Thu May 17, 2018 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Would you send your children to private school in my situation?
Replies: 93
Views: 6909

Re: Would you send your children to private school in my situation?

I would not, unless there was issue going on in the public school that was a serious issue for your child. You and your spouse are doing really well financially, and have options financially that 99% of the population doesn't have- the challenge you will have is raising your children to be financial...
by chw
Thu May 17, 2018 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 7188

Re: Mortgage decision killing me

I would take the 30 year, given the size of your mortgage. If the mortgage was say equal to 1x your salary or less, I would rec. the 7/1 ARM. You are the sole breadwinner, and while things look rosy now, life events (unexpected job loss, health crisis, etc) do happen along the way, and knowing what ...
by chw
Tue May 15, 2018 11:56 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 11280

Re: Yes, I'm 89 all right!

Wishing you a Very Happy Birthday Jack, and as many have said- thank you for bringing the index fund and a true low cost mutual fund structure to the masses, and your tireless spirit defending it earlier in your career. You are now reaping the well deserved accolades for your efforts. You and Taylor...
by chw
Mon May 14, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 99
Views: 15244

Re: What online bank do you use?

Consumers Credit Union for REWARDS checking and their VISA credit card; 4.59% interest for upto 25000; the Visa credit card is needed to charge 1000 for the 4.59% rate or else the rate drops to 3.09% for balances upto 10K. Have used Ally for about 10 years. Generally happy with their on-line platfo...