Search found 1346 matches

by Rainier
Thu Jun 28, 2018 7:08 am
Forum: Investing - Help with Personal Investments
Topic: >$250,000 portfolios with Vanguard? Insurance?
Replies: 42
Views: 8163

Re: >$250,000 portfolios with Vanguard? Insurance?

I am not aware of property and casualty insurance for brokerage account balances :-) That's exactly what there is. Beyond SIPC brokerages like Fidelity have their own insurance to guard against theft or other losses not associated with market value. Most people assume FDIC protects your bank accoun...
by Rainier
Sun Jun 17, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Swiss Rail - Point to Point Tickets
Replies: 5
Views: 487

Re: Swiss Rail - Point to Point Tickets

It depends on the type of ticket you purchase. There are often cheaper tickets that commit you to a train at a set time (called "Supersaver" tickets). If, however, you just buy the regular price tickets you will be fine; the ticket will just show a date so it's good any time that day. If you're goi...
by Rainier
Sun Jun 17, 2018 5:35 am
Forum: Personal Consumer Issues
Topic: Swiss Rail - Point to Point Tickets
Replies: 5
Views: 487

Swiss Rail - Point to Point Tickets

I'm having a hard time finding a definitive answer to this online and when I have asked the SBB questions in the past there always seems to be some misunderstanding. The real reason I want to know is that I will likely have little time at the airport when I land to talk with the train people before ...
by Rainier
Sun Jun 17, 2018 5:26 am
Forum: Personal Consumer Issues
Topic: iPad Pro 12.9": Replacement for Laptop?
Replies: 47
Views: 4415

Re: iPad Pro 12.9": Replacement for Laptop?

The only thing that can replace a Kindle is a book, as reading on an ipad is a totally different experience. Books and Kindles print the text on the screen (paper) and the ambient light from your lights or the sun reflects off the surface so you can read. An iPad generates its own light and projects...
by Rainier
Sat Jun 02, 2018 7:00 am
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 73
Views: 9565

Re: General Electric

I no longer own individual stocks. But when I did I sold them immediately if there was even a hint of accounting fraud. GE is currently under investigation for that, and has a history of fudging the numbers. I would sell right away. But you are fine owning dozens of companies in the total market ac...
by Rainier
Sun May 27, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 114
Views: 13183

Re: done with Gmail

Pro tip:

Memorize your Gmail password, it is probably the most important one you have. Don't store in a password manager.

Also, I never use my Gmail password, i stay logged in on my phone and home computer. Only time I need to login is on outside computers.
by Rainier
Sun May 27, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Considering iPad to replace failing Nexus tablet
Replies: 60
Views: 4740

Re: Considering iPad to replace failing Nexus tablet

I have an Android phone and iPad and they work perfectly together as I am mostly in the Google environment. Mail, calendars, files and photos are all on sync.

Also, since I use Project Fi for phone service I get texts and calls on my iPad.
by Rainier
Sat May 19, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 23715

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

So what should we invest in besides stocks? Direct real estate - rental properties. With the housing shortage in areas like Southern California I would have to agree with that. I was burned so bad in real estate before that I hesitate to get into it, plus I tried to play landlord and that was not a...
by Rainier
Sat May 19, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 23715

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I invest 70% of my portfolio in bonds, not because of returns, but because of balance. Buffett doesn't have to worry about balancing his portfolio (are you kidding?!). He is in a different universe. And what he says is great for him, and he is correct for him. As a mere mortal and a nobody, I have ...
by Rainier
Sat May 19, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 23715

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

Bonds are a terrible investment compared to stocks is his point. It's an expected return argument and he's right about that. Many bogleheads own bonds but I don't see anyone arguing that bonds have higher expected returns than stocks right now. It's entertaining seeing people argue against Warren B...
by Rainier
Fri May 18, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff Question
Replies: 22
Views: 2670

Re: Mortgage Payoff Question

delamer wrote:
Thu May 10, 2018 12:31 pm
Agree that your plan is not the best way to go.

If you are really intent on paying off the mortgage early, check into refinancing to a 15-year and figure out how to make that payment without decreasing your 401(k) contributions.
Their 30 year rate is less than the current 15 year rate.
by Rainier
Thu May 17, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Cash out Long term gains?
Replies: 9
Views: 818

Re: Cash out Long term gains?

Since you have to pay tax that money has to come from somewhere and thus that money loses out on potential future gains. Tax deferred compounding is powerful and I would not voluntarily pay a tax that is not owed. Any chance you are in the 0% long term gains tax bracket? In that case, go for it and...
by Rainier
Thu May 17, 2018 6:16 am
Forum: Personal Consumer Issues
Topic: Departed employee & final pay check
Replies: 9
Views: 1274

Re: Departed employee & final pay check

It seems like it, also consider going to your state's Department of Labor if the company does not resolve. But....health benefits are typically run on a monthly basis. The company paid the premium for February and you were covered for the entire month, even though somebody may have told you that you...
by Rainier
Thu May 17, 2018 5:59 am
Forum: Investing - Help with Personal Investments
Topic: Cash out Long term gains?
Replies: 9
Views: 818

Re: Cash out Long term gains?

Since you have to pay tax that money has to come from somewhere and thus that money loses out on potential future gains. Tax deferred compounding is powerful and I would not voluntarily pay a tax that is not owed. Any chance you are in the 0% long term gains tax bracket? In that case, go for it and ...
by Rainier
Thu May 17, 2018 5:35 am
Forum: Investing - Help with Personal Investments
Topic: Can i combine a regular IRA with a SEP IRA?
Replies: 5
Views: 539

Re: Can i combine a regular IRA with a SEP IRA?

You can consolidate them. Request a direct trustee transfer into the surviving IRA account. As a non reportable transfer you will not get a 1099R and will not need to report the transfer on your tax return. If you will not be making any further SEP IRA contributions, transfer the SEP balance into o...
by Rainier
Wed May 16, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Wellington and Wellesley on May 16th [Incorrect price quote]
Replies: 16
Views: 1870

Re: Wellington and Wellesley on May 16th [Incorrect price quote]

How is this possible to mis quote the NAV?

What if you bought our sold today?
by Rainier
Wed May 16, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Better to be in debt to yourself or others?
Replies: 25
Views: 1829

Re: Better to be in debt to yourself or others?

What if your 401k was invested in low interest bond funds?

Instead of lending to the government or a company you can lend to yourself and pack more interest into the account.
by Rainier
Tue May 15, 2018 5:40 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11263

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

With a short term treasury bond ladder earning 2-3% and only taking out $40k per year how long would it last?

Earning 0% it would last 25 years (and no income taxes). Add in 2% and it lasts much longer.
by Rainier
Fri May 11, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 5546

Re: Anyone buy carbon offsets when flying?

For those of you saving the planet by walking to work, what makes you think that emits net less carbon than driving? There is no free energy and cars are remarkably efficient at burning fuel (humans, not so much). The car has to move not only me but also a ton or so of metal and plastic. Also, the ...
by Rainier
Fri May 11, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 233
Views: 39108

Re: Ally online savings now at 1.60%

My Ally account is earning 0.00% since I pulled out all my cash to earn more in money markets and US Treasuries.

Ally.....call me when you make it worth my time again.
by Rainier
Fri May 11, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 5546

Re: Anyone buy carbon offsets when flying?

For those of you saving the planet by walking to work, what makes you think that emits net less carbon than driving? There is no free energy and cars are remarkably efficient at burning fuel (humans, not so much).
by Rainier
Fri May 11, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Ally 12 month cd 2.25%
Replies: 9
Views: 2351

Re: Ally 12 month cd 2.25%

Same as a 12 month US treasury but no state income tax....and its the most liquid investment in the world....and you can buy it for no cost....and you can hold it in your brokerage account with all your other investments. I have some CDs at Ally (second-tier emergency fund $), and while I've been h...
by Rainier
Fri May 11, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 5546

Re: Anyone buy carbon offsets when flying?

If you are concerned you shouldn't fly. Buying carbon credits aren't really going to undo the fact you are flying. Yep, don't fly. Also, don't drive. Definitely do not eat. Even as a vegetarian you are killing green plants that are scrubbing C02 from the air. Also, cut way back on breathing. Main b...
by Rainier
Fri May 11, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Ally 12 month cd 2.25%
Replies: 9
Views: 2351

Re: Ally 12 month cd 2.25%

Same as a 12 month US treasury but no state income tax....and its the most liquid investment in the world....and you can buy it for no cost....and you can hold it in your brokerage account with all your other investments.
by Rainier
Fri May 11, 2018 5:48 am
Forum: Investing - Help with Personal Investments
Topic: buying treasuries and cd's at Fidelity
Replies: 6
Views: 1347

Re: buying treasuries and cd's at Fidelity

You'll likely find everything you need as a new issue CD or treasury. Might be a good idea to google the Treasury auction calendar so you can see what is coming up. I think 4 and 13 week treasuries are auctioned every week on Tuesdays (need to place your order in the morning) and the funds settle on...
by Rainier
Thu May 10, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Dog as Running Companion - Advice, Equipment, Training, Etc.
Replies: 23
Views: 1755

Re: Dog as Running Companion - Advice, Equipment, Training, Etc.

I run with my black lab a couple times a week, with longer distances in the winter and sometimes not at all during peak summer heat. Harnesses are silly, dogs' necks aren't people necks. I use a bungy cord leash, but I never strap it around my waist. I would not wait until the dog is a year old. The...
by Rainier
Thu May 10, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff mortgage early or save?
Replies: 27
Views: 3265

Re: Payoff mortgage early or save?

bradpevans wrote:
Thu May 10, 2018 1:44 pm
This is exactly my viewpoint: I don't want to pay it *down* until i can pay it *off*, simply for cash flow reasons.
I have 3.75 and itemize, so its about 3% net rate.
Are you sure you are going to itemize in 2018?

Many people who itemized in the past will not be itemizing in 2018.
by Rainier
Tue May 08, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Plan
Replies: 24
Views: 2667

Re: Emergency Fund Investment Plan

I would certainly ditch the $9k at Wells Fargo. Not sure why you need instant access to $9k (only during banking hours). If someone takes you hostage I'm sure they are going to ask for more than $9k and $9k at 0.01% is an insult. I believe Ally delivers the funds the next day, unless you are at some...
by Rainier
Fri May 04, 2018 6:00 am
Forum: Personal Consumer Issues
Topic: What Happens When A Car Dealer Goofs?
Replies: 12
Views: 2538

Re: What Happens When A Car Dealer Goofs?

They ate a few thousand dollars on a deal we did. Everything was signed, we took the new car and a few days later we got a call from the finance guy saying we needed to write a check for $2,500 because he forgot to add the sales tax. I said no, I said our deal was $45,000 (or something like that) al...
by Rainier
Mon Apr 30, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 233
Views: 39108

Re: Ally online savings now at 1.45%

They're getting smoked by treasuries and broker money markets right now. I pulled everything out of Ally and now have one less account to manage. If I may ask, where did you put the money instead? I have a savings acct and CD with them. My brokerage is Fidelity and their cash options are like 1.3% ...
by Rainier
Fri Apr 27, 2018 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 233
Views: 39108

Re: Ally online savings now at 1.45%

They're getting smoked by treasuries and broker money markets right now. I pulled everything out of Ally and now have one less account to manage.
by Rainier
Tue Apr 24, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab international ATM (worth the hard credit pull)
Replies: 25
Views: 2356

Re: Charles Schwab international ATM (worth the hard credit pull)

The Schwab and Fidelity Checking accounts are excellent for frequent travelers. One additional benefit is the linked brokerage account. I keep some money invested in the usual US/International Total stock market ETFS using the no transaction fee ETFs of each of the brokerages. One of the benefits o...
by Rainier
Tue Apr 24, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA - Emergency Fund Withdrawal Question
Replies: 4
Views: 494

Re: Roth IRA - Emergency Fund Withdrawal Question

MathWizard wrote:
Tue Apr 24, 2018 11:37 am
Short answer:

$11,000.
Unless you only have 9k left in the account.
by Rainier
Mon Apr 23, 2018 5:28 am
Forum: Personal Finance (Not Investing)
Topic: DAF Suggested?
Replies: 13
Views: 1087

Re: DAF Suggested?

I presume you pay some state tax as well (assume your housing is free, if not, mortgage interest is also deductible). You can take a deduction for state and local taxes up to $10k, so now your hurdle for a tax deduction is only $14k, assuming you use the full $10k and you almost certainly do not. Ag...
by Rainier
Sun Apr 22, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 95
Views: 24124

Re: Charles Schwab Checking + Brokerage Account

Can you buy foreign currency at Schwab? Fido charges 1%.
by Rainier
Sun Apr 22, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Lessons learned with Booking.com and VRBO
Replies: 13
Views: 3288

Re: Lessons learned with Booking.com and VRBO

I use booking.com all the time. I have booked, cancelled and changed all without issue. I am curious - what advantage does booking.com offer you compared to booking directly with the hotel? Do you see substantial discounts compared to the lowest available rates? (all major chains now offer “members...
by Rainier
Sun Apr 22, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Need to cut the cable cord - is there an alternative?
Replies: 42
Views: 3923

Re: Need to cut the cable cord - is there an alternative?

I've been very happy with YouTubeTV, we dropped cable about three months ago. The big issue is the bundle savings and lack of an alternative to high speed data. the phone service they give me for free basically and now they toss in basic cable for about nothing just to keep the cost of the high spee...
by Rainier
Sun Apr 15, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Lessons learned with Booking.com and VRBO
Replies: 13
Views: 3288

Re: Lessons learned with Booking.com and VRBO

I wouldn't use booking sites, go through the specific hotel/motel. I rented a hotel room on a booking site then realized as soon as I got off the phone it was the wrong day. Called immediately to both the booking site and the hotel to rectify date which was more than 2 months in advance ..... neith...
by Rainier
Sun Apr 15, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: 52 oz, the new orange juice size?
Replies: 21
Views: 2118

Re: 52 oz, the new orange juice size?

Drink Coke, fewer calories, way cheaper.
by Rainier
Sun Apr 15, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: cd minumun
Replies: 4
Views: 449

Re: cd minumun

No matter what, it is a $1,000 minimum.

This specific issuer is obviously higher.
by Rainier
Sun Apr 15, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax Planning
Replies: 9
Views: 1009

Re: 2018 Estimated Tax Planning

Warning... OLT doesn't cap SALT at $10,000. for example if you enter: State income tax $9000 Local property tax: $9000 Mortgage interest: $10000 OLT will give you a $28,000 deduction, but it should only give you $20k for itemized. Just make sure you manually pick itemized or standard and know the ru...
by Rainier
Sat Apr 14, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with a dividend question on VIIIX
Replies: 20
Views: 1574

Re: Help me with a dividend question on VIIIX

After 6 calls and a couple of escalation emails, the custodian was finally able to tell me they changed the fund. It has no ticker. Previously it was VIIIX While VIIIX does pay a dividend, this new ticketless fund does not. Should I be concerned? Anyone encounter something like this before? Yes, an...
by Rainier
Sat Apr 14, 2018 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Schedule K-1 and 1099-DIV Duplication Issue
Replies: 3
Views: 366

Re: Schedule K-1 and 1099-DIV Duplication Issue

Sounds wrong to me. Assuming you only have this one holding you should have nothing on your 1099, maybe $113 in the "nondividend distributions". If you entered the forms exactly as you received you would be paying tax on the 1099 dividends and the dividends (and other items) on the K-1. I would ente...
by Rainier
Thu Apr 12, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Best Buy, $3k TV, should I buy warranty?
Replies: 24
Views: 1875

Re: Best Buy, $3k TV, should I buy warranty?

Using any premium credit card would have likely gotten you a two year warranty for no cost. What is the cost for another 3 years? $30, go for it....$300 I'd pass. What could actually break on a TV? It is either DOA or dies shortly after turning it on....or it will last for 20 years. Seems very rare ...
by Rainier
Sat Apr 07, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Help! I got a W2c after filing and receiving a nice refund. Now I owe Feds $1000
Replies: 9
Views: 982

Re: Help! I got a W2c after filing and receiving a nice refund. Now I owe Feds $1000

Which W-2 is correct? I assume the W-2c is correct, and if so, why didn't you notice the discrepancy before you filed your original return? How does it match up with your last pay stub? Taxable earnings can be tricky because you have deductions (health insurance, 401k, etc), but withholding is withh...
by Rainier
Fri Apr 06, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3702

Re: Large Single Stock Position - Can't Sell - Retirement Account

IMHO: include in equity portion of overall AA increase expected risk iof equities (std deviation) when doing scenario/mote carlo planning. decrease stock to bond ratio to compensate for increased risk consider selling portion to bring the single stock allocation down from 10% NW to <5%. (ie: manage...
by Rainier
Fri Apr 06, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Waterbury, Stowe, Burlington, VT
Replies: 12
Views: 856

Re: Waterbury, Stowe, Burlington, VT

That Sunday morning is the Vermont City Marathon in Burlington. It might get in your way a bit, but it is a cool community thing so it might be worthwhile to watch it a bit. I think NECI has gone down hill. I stopped in the cafe in Montpelier and it wasn't good. Has anyone mentioned Shelburne Farms...
by Rainier
Fri Apr 06, 2018 5:54 am
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3702

Re: Large Single Stock Position - Can't Sell - Retirement Account

Thanks to all for the ideas and viewpoints.

Will likely stick with current plan and leave as part of my total allocation, thus reducing exposure to other US equities.

Will also consider selling.
by Rainier
Thu Apr 05, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3702

Re: Large Single Stock Position - Cant Sell - Retirement Account

What is the plan if you die? Will your heirs have some hassle with this? None. Public equity in a Roth IRA and I am related to a director, but do not live in the same house and possess no inside information. In theory, I could sell at any time without asking anyone and likely have no disclosures is...