Search found 426 matches

by chw
Fri Jul 13, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10169

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: 1730

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: 660

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: 5404

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: 2682

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: 1334

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: 1807

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: 2920

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: 25
Views: 2825

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: 1039

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: 14282

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: 4638

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: 2588

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: 31
Views: 2176

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: 1353

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: 1610

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: 76
Views: 3806

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: 3367

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: 6520

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: 6930

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: 10453

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: 14560

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...
by chw
Mon May 14, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Did you go 100% Cash-FDIC in 529 at HS graduation or before?
Replies: 13
Views: 1173

Re: Did you go 100% Cash-FDIC in 529 at HS graduation or before?

We had simply used a Fidelity Age Based 529 plan, which shifted to more bond holdings as my children approached the college years. Looking back, glad we did, as my oldest child started college in the fall of 2008 as the financial markets were crashing. Even with the conservative allocation, the 529 ...
by chw
Sat May 12, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24843

Re: Lucrative careers?

Sales. Pick a field you like, and generally almost all of them are serviced to some degree with salespeople (either directly or indirectly). You don't need to be the stereotypical type personality (Type A extrovert) that most think is needed to succeed- the folks I've seen succeed are generally very...
by chw
Fri May 04, 2018 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18399

Re: Ed. Jones rep didn't like our plan, now we're locked out

In my opinion there is no sense in paying any transaction fee to buy a Vanguard fund in a Schwab account. Sounds like OP was able to get Schwab to waive commissions on Vanguard funds. Darth Xanadu you are correct, Schwab agreed to waive commissions on all Vanguard funds. Waiving purchase fees on Va...
by chw
Fri May 04, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18399

Re: Ed. Jones rep didn't like our plan, now we're locked out

And if you ask, they may cover EJ's account closure fees. Good idea. I had Fidelity agree to this for me. $125 saved! I'm subscribed to this post. I want to see some good resolution for OP's family, and I want to see EJ advisor punished. I would wage an immediate and relentless scorched earth campa...
by chw
Fri May 04, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18399

Re: Ed. Jones rep didn't like our plan, now we're locked out

I would have your parents file a complaint with the Consumer Financial Protecrion Bureau. It's easily done on-line. This is fine and good, but nothing will come of this. [OT comment removed by admin LadyGeek] I would disagree. I've filed two complaints this year, and had call backs within days to r...
by chw
Fri May 04, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18399

Re: Ed. Jones rep didn't like our plan, now we're locked out

The only caution I may give your parents about the asset transfer to Schwab, is be cautious of any transfer being down with taxable accounts. I don't believe you can do in kind transfers of EJ proprietary funds- you may have to liquidate the prior to the transfer to CS. It still may be worth paying ...
by chw
Fri May 04, 2018 4:47 am
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18399

Re: Ed. Jones rep didn't like our plan, now we're locked out

I would have your parents file a complaint with the Consumer Financial Protecrion Bureau. It's easily done on-line. Their on-line access shouldn't be locked- I would make sure to mention that the EJ FA did this because your parents decided to take a less costly route to sell 4 stocks to save themsel...
by chw
Thu May 03, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Ambassadors of Music
Replies: 1
Views: 280

Re: Ambassadors of Music

My daughter did something similar to Washingon DC. She was "selected" with a few others from her class to participate in an ambassador program (it was voluntary). We had the resources to send her on the trip, and it was a great learning experience, but I would not encourage anyone to do these ambass...
by chw
Mon Apr 30, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: 6 month T-bills are at 1.99%
Replies: 55
Views: 5393

Re: 6 month T-bills are at 1.99%

David Jay wrote:
Mon Apr 30, 2018 12:29 pm
Anyone buying Treasuries inside of an IRA?
Bought some secondary market Treasuries (mature 10/31/18) with a YTM of 2% for my s-t allocation earlier this month.
At the time it was about 15bps higher than new issue. Used the Schwab platform with no issues.
by chw
Sun Apr 29, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Maple syrup
Replies: 59
Views: 5269

Re: Maple syrup

Costco online. Free shipping last time I ordered about 6 months ago.
by chw
Fri Apr 27, 2018 5:37 am
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9748

Re: How did you tell the boss you're leaving/retiring?

...Accrued SL is used to add to your service credit. So if you have 19 years and 7 months of service, and you have 5.5 months of SL accrued but not used - it's counted as if you have 20 years and .50 months of service credit. I would caution people to do their math - if you have service credit calc...
by chw
Wed Apr 25, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9748

Re: How did you tell the boss you're leaving/retiring?

My boss worked in a different state- so simply called him up to give my 3 month notice (needed to have RSUs vest according to schedule). It went quite well, and he was quite pleasant about my notice, even though it was unexpected. I'd have to say that the response by management was very much positiv...
by chw
Tue Apr 24, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio
Replies: 32
Views: 3851

Re: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio

Totally agree with Rick regarding picking a strategy that works for you, and them implementing it and sticking with it. The 2 fund is basically the "Coach Potato" portfolio, which I believe was introduced to the masses by Scott Burns many years ago. I don't personally use it, and also seem to recall...
by chw
Mon Apr 23, 2018 5:54 am
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 11856

Re: New retirees: so whatdayathink ?

Retired 6 months ago at 58. Last 3-4 years were very intense, as business was booming, and I dedicated my time to maximize my income during these years in order to pad retirement accounts to help fund the gap years to age 70. I ended up giving 6 months notice -encouraged in part by a generous stay b...
by chw
Sun Apr 22, 2018 5:39 am
Forum: Investing - Help with Personal Investments
Topic: Lending Club Investing
Replies: 26
Views: 2523

Re: Lending Club Investing

So does a default loan just get refunded back to you as original loan amount? You are the lender. If someone defaults, any remaining principal and interest is written off. LC started off as a good idea, then went full "we would make more money if we allowed really big financial institutions an oppo...
by chw
Fri Apr 20, 2018 4:29 am
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9767

Re: 2-year AA Munis at Vanguard and Fidelity Today

The bond in question may indeed have a coupon of 5%. It's a premium bond and if the yield to maturity is under 2%, the premium is going to be high. But that's another conversation altogether. Your insight is appreciated! I do not understand how the yield can go from 5% to 2%. In general, it is beca...
by chw
Wed Apr 18, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 320
Views: 42705

Re: 2-year CDs at Vanguard and Fidelity Today

Of note, Charles Schwab is offering a 2 year stepped CD (2.25% year 1, 3.25% year 2) with a YTM of 2.75%- offered by Wells Fargo, with a settlement date of 4/30/2018. CD is callable by WF after 1 year. If willing to take on the call risk, this CD offers 10bps over current new CD offerings from Goldm...
by chw
Tue Mar 27, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Savannah or Charleston?
Replies: 49
Views: 4428

Re: Savannah or Charleston?

Been to both, and prefer Savannah. I've stayed directly in the historic district (near Foraythe Park) twice in Savannah, and we loved being able to walk to most everything we wanted to see. Charleston is also a good choice if staying in their historic district, but generally you may have to use a ca...
by chw
Mon Mar 19, 2018 5:45 am
Forum: Personal Consumer Issues
Topic: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)
Replies: 12
Views: 1090

Re: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)

We traveled to Nova Scotia 30 years ago, and your general sense to allow more time for driving time is correct. We had planned to do drive to Cape Breton after returning by ferry from Prince Edward Island, but decided to not rush on our trip back to Yarmouth where we had a ferry reservation to Portl...
by chw
Tue Mar 13, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Jettison the financial advisors
Replies: 38
Views: 4171

Re: Jettison the financial advisors

Rick is correct about not being able to make further DFA purchases if you decide some of their funds meet your investment objectives. I also hold my DFA funds with Schwab(as mentioned previously I left my FA about 10 years ago)- I just want to mention that Schwab does allow me to reinvest dividends ...
by chw
Tue Mar 13, 2018 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Jettison the financial advisors
Replies: 38
Views: 4171

Re: Jettison the financial advisors

My first post! I am finally extricating myself from the fees of financial management. I know it's the right thing to do. The portfolio in question is at Schwab and I inherited it from my mom when she died in 2015. The FA is the firm she and my dad used forever, in the town where I grew up. My mom t...
by chw
Mon Mar 12, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block vs TurboTax (spoiler: HRB is awful)
Replies: 70
Views: 7014

Re: H&R Block vs TurboTax (spoiler: HRB is awful)

I used HRB for many years until about 8 years ago, when decided to try TT. Didn't see a big difference at first, except they began allowing imports of several 1099s and W-2s, which imported accurately, and was a huge timesaver. I've also been able to get their phone support on the phone reasonably e...
by chw
Sat Mar 10, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: PedalPub investment
Replies: 22
Views: 2188

Re: PedalPub investment

Just saw one yesterday in Savannah. Looked like the pedalers were having a grand time. I would stick with index investing though... :sharebeer
by chw
Mon Mar 05, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: 30 year fixed vs 7 year ARM
Replies: 37
Views: 3019

Re: 30 year fixed vs 7 year ARM

As a former mortgage banker I would go with the 7 year ARM and take the savings to pay down the principal- make sure to autopay your payments to do this. In my experience, the average loan refis or is paid off due to home sale every 4-5 years in any type of rate environment. Make sure you understand...
by chw
Mon Mar 05, 2018 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Advice on correctly reporting Backdoor Roth in Turbotax with Massachusetts complication
Replies: 5
Views: 1085

Re: Advice on correctly reporting Backdoor Roth in Turbotax with Massachusetts complication

I had an issue as well with TT treating the backdoor Roth conversion as taxable on the state level, even though the contribution was fully a non-deductible contribution. For me, the error occurred when completing my state return. I recall there was a step that asked what portion of the IRA contribut...
by chw
Sun Feb 25, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9941

Re: Blasphemy... DO PEEK!

I was browsing through this excellent blog article from a self-described " couple of engineers with a passion for investing ": The Basics of Behavioral Finance: Tips and Tricks to Combat Your Cave Man Brain And one point made me strongly react. FINALLY somebody who articulated what I've been practi...
by chw
Thu Feb 22, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: [New MA & VT Tax reporting]- 1099-K threshold reduced to $600
Replies: 105
Views: 7124

Re: [New MA & VT Tax reporting]- 1099-K threshold reduced to $600

I intend to just file a Schedule C and zero out the net sales (after expenses) with an equal amount as cost of goods sold. When working in TT, it seems to recognize that filers will be doing this, as it prompts for income being reported from a 1099-K. I had a few sales for profits during the years w...
by chw
Wed Feb 21, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: [New MA & VT Tax reporting]- 1099-K threshold reduced to $600
Replies: 105
Views: 7124

Re: [New MA & VT Tax reporting]- 1099-K threshold reduced to $600

If only we could predict that the IRS will review the same way.