Search found 2131 matches

by unclescrooge
Tue Jun 19, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding SALT limitations via non-grantor trusts
Replies: 1
Views: 155

Avoiding SALT limitations via non-grantor trusts

Interesting article on how to avoid the $10k limitation on State and local taxes via trusts.

https://www.foxbusiness.com/markets/ric ... -salt-caps
by unclescrooge
Tue Jun 19, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley Target date portfolios?
Replies: 19
Views: 839

Re: Morgan Stanley Target date portfolios?

There are many moving parts to a 401k, most of which are likely covered by Morgan Stanley. They have a base fee, which is probably in the $5k-$7.5k range. Sometimes, the company pays, sometimes the employees pay... Sometimes they both overpay. The firm accountant is unlikely to know anything about o...
by unclescrooge
Mon Jun 18, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley Target date portfolios?
Replies: 19
Views: 839

Re: Morgan Stanley Target date portfolios?

I have! Unfortunately, if you Google "CGCM" or " CGCM Target date" you find NOTHING on what funds are available in the portfolio. So I bugged the guy at Morgan Stanley and asked him to find more literature... He just sent fund profiles and prospectuses! It's a wonder they don't have just a list of ...
by unclescrooge
Mon Jun 18, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Planning to buy a home in California
Replies: 8
Views: 692

Re: Planning to buy a home in California

The best way to hedge against increases in pricing is to buy the house now. You don't need to manage the property, that's what property managers are for. That seems logical to me. The only result of combining real estate market risk and investment risk is for the total to compound to even more risk...
by unclescrooge
Mon Jun 18, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: One handed Android phone?
Replies: 38
Views: 1564

Re: One handed Android phone?

I can use the new Samsung Galaxy s9 plus with one hand....I think it depends on the size of your hands. Interesting. I took a look at the S8 and S9, these are incredibly large phones! I'm guessing most people want/prefer bigger screens?? Maybe it's mostly for videos. I do a lot of reading on my pho...
by unclescrooge
Mon Jun 18, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: One handed Android phone?
Replies: 38
Views: 1564

Re: One handed Android phone?

I can use the new Samsung Galaxy s9 plus with one hand....I think it depends on the size of your hands. No help but same here. My Moto G 5-inch is the perfect size but I'd like to get a newer one with presumably a longer battery life. But the phones available to me at Consumer Cellular are all bigg...
by unclescrooge
Mon Jun 18, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Planning to buy a home in California
Replies: 8
Views: 692

Re: Planning to buy a home in California

The best way to hedge against increases in pricing is to buy the house now.

You don't need to manage the property, that's what property managers are for.
by unclescrooge
Sun Jun 17, 2018 10:27 pm
Forum: Personal Consumer Issues
Topic: One handed Android phone?
Replies: 38
Views: 1564

Re: One handed Android phone?

I can use the new Samsung Galaxy s9 plus with one hand....I think it depends on the size of your hands.
by unclescrooge
Sun Jun 17, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 75
Views: 5394

Re: How much (green) cash at home for emergency ?

$10,000 is far too much in my opinion. Whatever you choose, be prepared to lose it -- whether it's lost because you forget where you put it, you get robbed, your house burns down, or to inflation. Also, small, mixed bills! Not everybody will take a $100 or they may not be able to make change. I kee...
by unclescrooge
Sun Jun 17, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: Cosmetic Question about teeth
Replies: 9
Views: 1234

Re: Cosmetic Question about teeth

I use a whitening toothpaste. Since I drink copious amounts of black coffee and red wine, both of which stain teeth, I need continuous, and mild, whitening.

Toothpaste works extremely well. It is more white than average without looking fake. But nowhere close to a professional treatment.
by unclescrooge
Sat Jun 16, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 36674

Re: Bogleheads, tell me about your 40's?

To the youngin's...there's a reason people in this thread keep talking about the physical stuff that happens in your 40's. This started for my wife and I as soon as we hit 40, and it's really a bummer. It takes time to accept the fact that you won't be the same as you used to be and will have vario...
by unclescrooge
Fri Jun 15, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why is the cost of renting private rooms in San Francisco Bay Area so cheap?
Replies: 23
Views: 2958

Re: Why is the cost of renting private rooms in San Francisco Bay Area so cheap?

I am looking at moving to new cities for jobs and looking at Bay Area vs LA vs Houston. I am also a budding real estate investor looking to buy properties in California and Texas to rent out to tenants or do AirBnb. I am surprised to find that the cost of renting a private room in an shared apartme...
by unclescrooge
Tue Jun 12, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 11277

Re: MD&P just purchased X / sold Y [md&pharmacist]

So my current holdings are with returns as of 6/11/2018): YTD 1-YEAR 3-YEAR 5-YEAR 10-YEAR 1- VFIAX (Vanguard 500 Admiral) 4.83% 14.35% 10.94% 12.94% 9.13% 2- VQNPX (Vanguard Growth and Income) 5.42% 15.26% 10.90% 13.07% 8.63% 3- VWNDX (Vanguard Windsor Fund) 2.52% 11.44% 7.47% 10.74% 8.42% 4- UNPI...
by unclescrooge
Tue Jun 12, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 60
Views: 5958

Re: Boring Job

JF2141 wrote:
Tue Jun 12, 2018 1:34 pm
There is only so much I can do since I am new to the field and my tasks are scheduled throughout the day for longer periods of time then it takes me so I can't tell my boss that I finished something early or else it looks bad
Do contract work or work on your novel/side business.
by unclescrooge
Tue Jun 12, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 11277

Re: MD&P just purchased X / sold Y [md&pharmacist]

I'm already annoyed by the constant active investing noise on our forum. I see no need to add day trading junk on top of it. Ah, yes. But Bogleheads will help investors navigate between the day-trading Scylla and the leveraged Charybdis with ease. But that is only if they can first tie themselves t...
by unclescrooge
Sat Jun 09, 2018 1:25 am
Forum: Personal Finance (Not Investing)
Topic: Expensive house in HCOL area
Replies: 70
Views: 6239

Re: Expensive house in HCOL area

This sort of thread is becoming very common these days on here and over at WCI. People are way over-extending themselves on home purchases and rightfully feeling very nervous about it, so they make threads like this hoping to get consolation from the masses. There's no debating this...a 1.3+ millio...
by unclescrooge
Sat Jun 09, 2018 1:15 am
Forum: Investing - Theory, News & General
Topic: REIT Index funds and high P/E ratios. Better to cherry pick than hold the index?
Replies: 8
Views: 741

Re: REIT Index funds and high P/E ratios. Better to cherry pick than hold the index?

You need to look at FFO (funds from operations) instead of earnings to get an accurate picture of valuation
by unclescrooge
Fri Jun 08, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10014

Re: Why do we work?

midareff wrote:
Fri Jun 08, 2018 2:26 pm
I worked so I could enjoy my two favorite things..... living indoors and eating.
LOL, prison satisfies at least one of those needs :mrgreen:
You may not like the cusine though.
by unclescrooge
Thu Jun 07, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 66
Views: 8903

Re: The Psychology of Money - A Blog Post

alpenglow wrote:
Thu Jun 07, 2018 10:58 am
I just came across this blog post and thought it might be of interest here.

http://www.collaborativefund.com/blog/t ... -of-money/
Fantastic. Thanks for sharing.
by unclescrooge
Wed Jun 06, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 35
Views: 3493

Re: How to know if power is cut to smoke detector

I just had smoke detectors installed in a major remodel. My understanding was that they used low voltage. Is this probable, it did I misunderstand? How much safer is the low voltage wiring? The web says there are both high (115) and low voltage smoke detectors. Anything less than 24 V or so is unli...
by unclescrooge
Wed Jun 06, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 35
Views: 3493

Re: How to know if power is cut to smoke detector

I just had smoke detectors installed in a major remodel. My understanding was that they used low voltage. Is this probable, it did I misunderstand?

How much safer is the low voltage wiring?
by unclescrooge
Tue Jun 05, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Don't make the mistake I made (Telemarketing hell)
Replies: 67
Views: 8575

Re: Don't make the mistake I made (Telemarketing hell)

Simple. Sue them. Ask to be put on their do-not-call list. Wait for them to call you again. Get the phone log for when they called you. Wait for them to call you a second time. Again, get the phone log. If the two calls occurred within one year, sue them for $500. Per the United States Code, they h...
by unclescrooge
Mon Jun 04, 2018 11:28 pm
Forum: Investing - Theory, News & General
Topic: in idea with SCV and leverage..
Replies: 23
Views: 1738

Re: in idea with SCV and leverage..

If only investing was as easy as simple as leveraging your riskiest asset classes.
by unclescrooge
Mon Jun 04, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Interior painting - Sherwin Williams color recommendations
Replies: 28
Views: 2255

Re: Interior painting - Sherwin Williams color recommendations

Grey is a popular neutral now, although I think that trend is on the wane. Anyway, the ones you mentioned are all great choices. I have various rooms painted with Blonde, Cardboard, Breezy, and a light blue/grey whose name I can't remember right now. Grey is the new beige. If using grey, note wheth...
by unclescrooge
Mon Jun 04, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12426

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

Just because you can do something doesn't mean you should. So CAN a 60 yo MD, MBA start a law career? The answer is surely yes. So SHOULD a 60 yo MD, MBA start a law career? My answer would be not in a million years, but you clearly feel differently. So do what makes you happy. "but you clearly fee...
by unclescrooge
Sun Jun 03, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: $1,000,000 in savings account to pay mortgage?
Replies: 32
Views: 4151

Re: $1,000,000 in savings account to pay mortgage?

OP, California is a non-recourse loan state. If the house is underwater, you could walk away from the house. So, why would you tie up a lot of your money into the house? KlangFool Maybe because not everyone is comfortable with "walking away" from a legal financial obligation and defaulting on a ban...
by unclescrooge
Sun Jun 03, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Leave Job (Philly) and move To Arizon (Phoenix)?
Replies: 67
Views: 4949

Re: Leave Job (Philly) and move To Arizon (Phoenix)?

I spent a summer in Phoenix and it gets some getting used to. Walking out of the house at midnight is like sticking your head in an oven. In summer, most activities will involve a pool so knowing how to swim is a plus. I developed severe cough, which was eventually cleared up with Claritin and was a...
by unclescrooge
Sun Jun 03, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: $1,000,000 in savings account to pay mortgage?
Replies: 32
Views: 4151

Re: $1,000,000 in savings account to pay mortgage?

OP, California is a non-recourse loan state. If the house is underwater, you could walk away from the house. So, why would you tie up a lot of your money into the house? KlangFool Maybe because not everyone is comfortable with "walking away" from a legal financial obligation and defaulting on a ban...
by unclescrooge
Sun Jun 03, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7425

Re: Is our monthly Personal money out of line?

I think you're thinking about this backwards. First calculate how much you need to save in order to hit your long term financial goals, ie retirement, college fund, whatever. Fund those goals. Then see how much you have left. Then fund your mid term goals, such as vacation, car, etc. If you're short...
by unclescrooge
Sun Jun 03, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: 125K Spend - Would you do this ?
Replies: 53
Views: 4970

Re: 125K Spend - Would you do this ?

Folks, As I'm not sure who should I reach out to get an objective opinion/advise on my dilemma, so I thought I'd reached out to my BH community, I apologize if this is bit personal, yet a big financial decision. My issue is I cant yet decide if this is a real need or a want or a wish and if I can r...
by unclescrooge
Sun Jun 03, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: 125K Spend - Would you do this ?
Replies: 53
Views: 4970

Re: 125K Spend - Would you do this ?

Can you buy a larger house with a 4th bedroom for the $125k incremental cost vis a vis your current house? Otherwise, lots of good suggestions here. I would definitely look into a high-end recliner that can be used as a chair during the day, and switch into a lie-flat or zero-gravity position when ...
by unclescrooge
Sat Jun 02, 2018 12:59 am
Forum: Personal Consumer Issues
Topic: Thoughts on Buying a "Flipped" House?
Replies: 27
Views: 3110

Re: Thoughts on Buying a "Flipped" House?

If you can see problems with the visible areas, then chances are pretty good there are similar - or worse - problems where it can't easily be seen. +1 We live in a moderate cost of living area and my son put an offer in on a flipped house. They had a good inspector and one of the things that he fou...
by unclescrooge
Sat Jun 02, 2018 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my house? What would you do?
Replies: 8
Views: 1562

Re: Should I sell my house? What would you do?

Another thing to consider is the most repairs will cost less than the transaction cost of selling this house and buying another.

So even if you end up paying for defects yourself you're likely better off staying put.
by unclescrooge
Sat Jun 02, 2018 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent-Owned 529's a bad idea?
Replies: 27
Views: 2902

Re: Grandparent-Owned 529's a bad idea?

I have 529's going for my grandchildren. I have them in my name rather than their respective parents's names, because I had understood that if in the parent's name it could affect the availability of financial aid. However a new blog from Vanguard says that (a) the effect of a parent-owned 529 on f...
by unclescrooge
Sat Jun 02, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Rental property sanity check
Replies: 6
Views: 804

Re: Rental property sanity check

I would buy in NC over Ohio any day of the week, and twice on Sunday.

You will probably never see any appreciation in Ohio.
by unclescrooge
Fri Jun 01, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about selling investment RE and buying NLY
Replies: 10
Views: 797

Re: Questions about selling investment RE and buying NLY

Thank you Everyone for your reply. To clarify, I intend to put most of my real estate sale gains into relatively conservative (cash/CD/money market/etc) accounts and not NLY. NLY has a DRIP program that's $1,000 to start + $250/month minimum. I was thinking about starting a DRIP investment with the...
by unclescrooge
Thu May 31, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about selling investment RE and buying NLY
Replies: 10
Views: 797

Re: Questions about selling investment RE and buying NLY

I would listen to your advisor. You probably have substantial gains... Paying taxes should be avoided unless you can offset them with capital losses carried over from 2008. I doubt you will come out positive in 5 years when if the market declines. Selling properties has very high frictional costs. I...
by unclescrooge
Thu May 31, 2018 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Financial setback stories
Replies: 21
Views: 3459

Re: Financial setback stories

6 months after graduation I made 100% of my annual salary day trading. Then I lost 120% when the market crashed in 2000. I lost over 100% because I was leveraged.

That was a good lesson in risk management.
by unclescrooge
Thu May 31, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Recommend new TV for 93 year old lady
Replies: 28
Views: 1919

Re: Recommend new TV for 93 year old lady

We rented a VRBO with 40" TVs. They were so small we couldn't read any of the text or words or count fingers on hands of people. For someone 93 years old I expect their eye sight is not as good as ours. I recommend going with anything larger than 65" for this age group. I'm serious about this. Mayb...
by unclescrooge
Thu May 31, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 13300

Re: Renting vs Owning Your Home

For the vast majority of households in the US, their home is their most valuable asset by far. What does that tell you? What it tells me is that most people are bad at saving. And that paying off a house is a forced saving which lets people at least build up some wealth, which they otherwise would ...
by unclescrooge
Thu May 31, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 13300

Re: Renting vs Owning Your Home

For the vast majority of households in the US, their home is their most valuable asset by far. What does that tell you? What it tells me is that most people are bad at saving. And that paying off a house is a forced saving which lets people at least build up some wealth, which they otherwise would ...
by unclescrooge
Wed May 30, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: Advice on neighbor not keeping up his property...
Replies: 103
Views: 7414

Re: Advice on neighbor not keeping up his property...

Look into growing Cypress trees as a hedge.
by unclescrooge
Tue May 29, 2018 10:37 pm
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 8722

Re: Router hack, have you acted?

I rebooted and changed passwords to something much stronger.

Remote admin was already turned off. Would that have been sufficient to prevent the hack?
by unclescrooge
Tue May 29, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: How To Store Blue Rhino Tanks Safely
Replies: 35
Views: 2705

Re: How To Store Blue Rhino Tanks Safely

criticalmass wrote:
Mon May 28, 2018 10:13 pm
. Also consider the safety of a natural gas line. When Hurricane Sandy damaged houses, many burned because the broken grill natural gas line caught on fire.
Any reason why the grill line caused a fire and not the line going to kitchen, dryer or water heater didn't?
by unclescrooge
Fri May 25, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 12300

Re: Chase Savings Account emptied out!

Longtermgrowth wrote:
Fri May 25, 2018 6:04 pm
unclescrooge wrote:
Tue May 22, 2018 1:30 pm
Credit reports are frozen. Bank account is closed!
Did you also freeze your ChexSystems report? From what I understand, it is usually pulled for bank/brokerage account applications.
Thanks for the reminder. I've put a 90 day alert on it.
by unclescrooge
Fri May 25, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: Reducing mosquitos by pool
Replies: 14
Views: 1468

Re: Reducing mosquitos by pool

Carp?
by unclescrooge
Fri May 25, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 12300

Re: Chase Savings Account emptied out!

Unclesrooge, at this point you should treat this as full identity theft. I called coinbase and they verified they don't have an account associated with my email. Maybe someone is stealing my ID? It sounds like they may have already done it. I suspect they also have all your passwords. It is time to...
by unclescrooge
Fri May 25, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 12300

Re: Chase Savings Account emptied out!

Chase let's you see which devices were used to login, and other than my cellphone and megacorp issued PC, there were no others. Another point: Don't do private stuff on your megacorp-issued PC! There is likely a large group of admins who could even/likely be overseas, who would have remote access a...
by unclescrooge
Fri May 25, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 12300

Re: Chase Savings Account emptied out!

Unclesrooge, at this point you should treat this as full identity theft. I called coinbase and they verified they don't have an account associated with my email. Maybe someone is stealing my ID? It sounds like they may have already done it. I suspect they also have all your passwords. It is time to...
by unclescrooge
Fri May 25, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Question about E*money
Replies: 12
Views: 1263

Re: Question about E*money

I banged around the site. They provide 4 specific things (their words). Relationship, referrals, retention, revenue. After the free trial, the lowest cost is $162 per month. Pass I looked around the site as well. As far as I can tell it is a tool for advisors to purchase not individual investors. I...