Search found 1854 matches

by Nowizard
Sun Apr 21, 2019 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Loan to employer?
Replies: 24
Views: 1610

Re: Loan to employer?

Another question is whether you feel you have the amount of the requested loan to offer regardless of the circumstances. I suspect you have a preference or, at least, what you would want if offering a loan to the company. Focus on that and how to get it. It is an unusual situation.

Tim
by Nowizard
Fri Apr 19, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 74
Views: 3810

Re: In which companies do you own a single share, or token amount, of stock?

We have often held a quite small number of shares of one or two individual stocks, partially to "Scratch the itch" of doing something occasionally other than buying and holding. Our single holding at the moment is Amazon, purchased several years ago. Our previous one was Google, and the one before t...
by Nowizard
Fri Apr 19, 2019 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Itemizarion of Non-Cash, Charitable Contributions
Replies: 11
Views: 603

Re: Itemizarion of Non-Cash, Charitable Contributions

Reading some of the IRS data is confusing. There are comments about contributions of X amount, but below Y and the requirements. Basically, the references state to aggregate contributions, and if they meet a certain level, X is required for deducting. The confusing part is the comment about aggregat...
by Nowizard
Fri Apr 19, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Itemizarion of Non-Cash, Charitable Contributions
Replies: 11
Views: 603

Itemizarion of Non-Cash, Charitable Contributions

We are moving and downsizing and have decided to donate items collected over many years rather than having an estate sale. The items range from nice, but inexpensive, to used but still quite usable to items with significant value based on TurboTax. The question is this: We have had many of the items...
by Nowizard
Fri Apr 19, 2019 7:00 am
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 3923

Re: American Funds vs Vanguard

Do expenses always determine fund choices, or is total return the primary issue?

Tim
by Nowizard
Fri Apr 19, 2019 6:55 am
Forum: Personal Investments
Topic: Vanguard wire transfers without 'medallion signature guarantee'
Replies: 8
Views: 1126

Re: Vanguard wire transfers without 'medallion signature guarantee'

Having recently set-up transfer accounts with Vanguard and TD Ameritrade, I can tell you that Vanguard's process is more involved and detailed. Each person has to decide whether that is a positive in terms of security or not. I assume Medallion signature requirements are for international transfers ...
by Nowizard
Thu Apr 18, 2019 7:39 am
Forum: Personal Consumer Issues
Topic: Home Page for Your Computer:
Replies: 17
Views: 1140

Home Page for Your Computer:

Though most of us use our mobile phones extensively, some of us continue to use a PC or Apple as well. I like to have my home page open to a site giving general news and have had Yahoo set for awhile. However, it is mainly a series of sponsored stories and mindless poppycock sprinkled with a few gen...
by Nowizard
Wed Apr 17, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 7767

Re: I’m a Loser Stuck in a Dead End Job

You have the attitude to do well, but you are just entering a period where you can begin to focus on your own needs rather than those of loved ones who were very ill. You have revealed a very strong value system that should serve you well in the future, and have done quite well to now while dealing ...
by Nowizard
Wed Apr 17, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 100
Views: 5379

Re: What Are Your Simple Pleasures?

Feeding the birds and watching the different varieties that come. Looking for specific birds that come at specific times such as Cardinals, hummingbirds and doves that come in early morning and late afternoon, others that come at various times.

Tim
by Nowizard
Wed Apr 17, 2019 7:21 am
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2100

Re: How often do you check up on your investments?

I tend to check regularly. Our portfolio is on-line, and I change the "Purchase Price" for each fund/stock on January 1 of each year so that it appears that all items were purchased on December 31 of the preceding year. By looking, I can tell at a glance what has happened in a given day with each fu...
by Nowizard
Mon Apr 15, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: Which College? 3 years or 4 years?
Replies: 91
Views: 7479

Re: Which College? 3 years or 4 years?

Vanderbilt and move forward. It has an excellent med school, Nashville is an "it" city. Since students often stay in the same town or area as their school, you might want to consider that. Tennessee has no income tax (Small tax on dividends and interest that is being phased out) and low cost of livi...
by Nowizard
Mon Apr 15, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Do You Give Money to Panhandlers?
Replies: 38
Views: 1830

Re: Do You Give Money to Panhandlers?

Not directly often, but in Nashville, homeless folks have a newspaper they sell on the street for a small amount, and they have been vetted. Also, there are other situations where people sell the local paper in Memphis on Sundays for $1. I purchase one and will occasionally buy them out if it is rai...
by Nowizard
Mon Apr 15, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 100
Views: 7404

Re: Luxury car recommendations?

Genesis from Hyundai hits the sweet spot between luxury and price for many. One consideration when moving into luxury is whether you also want to pay for premium gasoline. "Luxury" is in the mind of the beholder, frequently. For example, one poster commented that the Outback was luxurious in compari...
by Nowizard
Mon Apr 15, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: Women, How Much Do You Pay for Haircut
Replies: 76
Views: 3840

Re: Women, How Much Do You Pay for Haircut

My wife, who regularly receives compliments on her hair and who styles, cuts and colors it herself, has never had a professional cut during our many years of marriage. On one hand, that represents what is a positive since she does such a good job, but on the other hand, she probably parlayed savings...
by Nowizard
Sun Apr 14, 2019 10:06 pm
Forum: Personal Investments
Topic: My advisor VS Vanguard's PAS
Replies: 70
Views: 4591

Re: My advisor VS Vanguard's PAS

I would be leery of the financial advice based on a thorough plan prepared about a decade ago, though we do have our assets, which we manage, primarily with Vanguard.

Tim
by Nowizard
Sun Apr 14, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8390

Re: Married couples: can you have a team mentality with separate finances?

There is a difference between separate finances and separate finances where the higher earner does not disclose their finances. In other words, if there is an issue of not wanting you to know about his finances, there is more than one goal operating here. If there are regular discussions about the f...
by Nowizard
Fri Apr 12, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 335
Views: 57527

Re: Selling all equities, discuss why I'm wrong. :)

A key issue is your current status regarding your financial future. If you have "won the game," that is one circumstance, if you are planning to exit the market but return to it aggressively in the future, that is another. The first has possibility though most would suggest continuing with at least ...
by Nowizard
Fri Apr 12, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Can/Should we build a new house?
Replies: 13
Views: 1203

Re: Can/Should we build a new house?

Questions such as yours fall into two categories: 1. Can we afford X?, 2. Should we do X? Your phrasing suggests a focus on the latter. Ultimately, it comes down to your family dynamics. Would it be the absolute best financial decision to build? Possibly not. Can you measure family contentment solel...
by Nowizard
Fri Apr 12, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8486

Re: Buying a house next year. Wife wants a big house. Thoughts?

There are those who would be amazed that you could purchase a house this large at the prices you mention. As a result of living in a HCOL area, many will be used to smaller spaces and recommend that while acknowledging you can afford the house. Living in a LCOL area myself, I would suggest you focus...
by Nowizard
Fri Apr 12, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6010

Re: Ingenious Way To Find Reasonably Priced Painter

We are selling our home and our Realtor, who often has this question asked, referred us to painters who did a marvelous job at an excellent price. We will use them in the future rather than one we have used for many years.

Tim
by Nowizard
Fri Apr 12, 2019 6:27 am
Forum: Personal Consumer Issues
Topic: Another lawn mower thread:
Replies: 23
Views: 1289

Re: Another lawn mower thread:

Another question: Lowe's and Home Depot are convenient and the store of choice for many. Is it true or a myth that they order the same brand with somewhat lower quality than you would receive at a branded dealer? This comment is prevalent in our area with John Deere riding mowers where most say go t...
by Nowizard
Thu Apr 11, 2019 9:33 pm
Forum: Personal Consumer Issues
Topic: Another lawn mower thread:
Replies: 23
Views: 1289

Another lawn mower thread:

There is a current thread focusing on electric or battery operated lawn mowers. We are moving from a large yard where I cut with a riding mower to one with a lot approximately 100 X 175 feet, too small for a riding mower. We want a gasoline powered mower but are not certain whether to get one that i...
by Nowizard
Thu Apr 11, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: Cleaning shingles (moss & mildew)
Replies: 27
Views: 2637

Re: Cleaning shingles (moss & mildew)

Two issues: 1. What to use, 2. Who to use it. For me, getting on the roof is not worth the risk. We used someone with a pressure washer. It cleans the dirt and would remove heavier objects such as the moss that will adhere to the shingles more than the dirt. Costs $400-500 in our locality for a 5,00...
by Nowizard
Thu Apr 11, 2019 10:53 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 11156

Re: International under-performance

We invest a portion of our portfolio internationally for diversification. Experts are either genuinely experts in their area but are also likely to be "Anyone living more than fifty miles away" in at least some nuances. We choose to diversify in the context of our circumstances and own decision maki...
by Nowizard
Thu Apr 11, 2019 7:20 am
Forum: Personal Investments
Topic: Requesting Portfolio Review
Replies: 6
Views: 689

Re: Requesting Portfolio Review

Though not astute enough to break down your portfolio, I'll bump it to the top with a couple of comments. It looks like you have $66,000 in annual income from pension and SS, plus 2.5M in other assets. If you draw a conservative 3% from your assets annually, then your income is approximately $141,00...
by Nowizard
Wed Apr 10, 2019 6:14 pm
Forum: Personal Consumer Issues
Topic: Buying New Home
Replies: 14
Views: 912

Re: Buying New Home

If I understand you correctly, you are considering doing lots of work to your current house. You presumably want the potential house due to the location since you have apparently not seen it. If you are "hot" for a particular house, it puts you in a bind immediately, particularly if you are going to...
by Nowizard
Wed Apr 10, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 3883

Re: What websites do you use for the latest investing news?

Some of us do enjoy what the OP suggests and integrate website news/information with more analytical aspects of investing. Personally, the psychological aspects of investing are quite interesting, and web sites are filled with those psychological opinions. The opposing feeling for those of us who en...
by Nowizard
Tue Apr 09, 2019 9:11 am
Forum: Personal Investments
Topic: Minutiae is in the eye of the beholder-Help, something's in my eye!
Replies: 29
Views: 2053

Re: Minutiae is in the eye of the beholder-Help, something's in my eye!

You might consider simply initiating a quarterly, semi-annually or annually review of your finances, essentially from the context of all investments representing a single portfolio. That could open up a discussion broader of overlap, diversity of the "portfolio," goals, available choices, discussion...
by Nowizard
Tue Apr 09, 2019 9:03 am
Forum: Personal Investments
Topic: Is there a section to discuss individual stocks?
Replies: 5
Views: 385

Re: Is there a section to discuss individual stocks?

Generally, individual stocks will not be discussed. The Morningstar.com site has a variety of forums for that purpose, and it was one commonly read and posted upon before this site materialized.

Tim
by Nowizard
Tue Apr 09, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 3883

Re: What websites do you use for the latest investing news?

Some of us are still learning and gain significantly from daily news. A new term may be mentioned that leads to new knowledge, it is a quick way to get a read on different sectors and their performance, and, perhaps most importantly, it does suggest what is driving the market up or down at that part...
by Nowizard
Sun Apr 07, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Help me cross shop a new Nissan Maxima
Replies: 13
Views: 746

Re: Help me cross shop a new Nissan Maxima

Love the acceleration of the Maxima but they are not highly rated if that makes a difference to you. Genesis, as others have mentioned, would be one worth considering. You should be able to get a very reasonable price for most sedans since SUV's, trucks and crossovers are more preferred in today's m...
by Nowizard
Sun Apr 07, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4125

Re: Wood vs Laminate Flooring

Being older and used to nail-down hardwood, we tend toward it. However, we have just purchased our first house with engineered wood floors. We still prefer the other but decided that we probably don't need to plan for the next 40 years at our retirement ages. If I were going to do the work myself, I...
by Nowizard
Sun Apr 07, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: "Worried about being pushed into 'higher tax bracket' "
Replies: 25
Views: 1979

Re: "Worried about being pushed into 'higher tax bracket' "

We love being in the highest tax bracket possible after considering ways to ethically lower taxes. It means, as you said, that we have income. One thing is that we have no ability to itemize our medical deductions when that is typically one of the highest deductions according to TurboTax averages fo...
by Nowizard
Sun Apr 07, 2019 10:02 am
Forum: Personal Investments
Topic: What is back-testing exactly...
Replies: 11
Views: 682

Re: What is back-testing exactly...

dbr: Agreed. The comment about past results not predicting future ones is like many other adages that are worthy of considering, but in the context of one's own circumstances. In longer periods of time, for example, we do think the past predicts the future when we say to stay the course when there i...
by Nowizard
Sun Apr 07, 2019 9:35 am
Forum: Personal Investments
Topic: What is back-testing exactly...
Replies: 11
Views: 682

Re: What is back-testing exactly...

A related question is why do people back-test? Though there may be other reasons, wouldn't it be questionable in terms of "Past results do not predict future returns" if being used to aid in selection of stocks/bonds/funds?

Tim
by Nowizard
Sat Apr 06, 2019 4:11 pm
Forum: Personal Investments
Topic: newbie, large bonuses-pay down mortgage or invest?
Replies: 15
Views: 1648

Re: newbie, large bonuses-pay down mortgage or invest?

Personally, it seems like an excellent idea to begin investing some money on your own if you are not comfortable leaving your advisor or switching to a lower cost alternative such as Vanguard offers. In fact, beginning to invest on your own is an excellent idea anyway. It sounds like you have consid...
by Nowizard
Sat Apr 06, 2019 7:14 am
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 14859

Re: Indexing beats Wellington and Wellesley right?

We use Wellington for the same reason we hold both Vanguard TSM and Dodge and Cox Stock. Others may feel differently, but we like to "diversify" with index and actively managed funds with positive histories while focusing on indexing. A little more complicated, some overlap, etc., but we are not pur...
by Nowizard
Sat Apr 06, 2019 7:06 am
Forum: Investing - Theory, News & General
Topic: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?
Replies: 28
Views: 2150

Re: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?

There may be a level of experience/time involved, but we have not experienced difficulty having one portfolio. We set a level of spending expectation (budget) and have an idea of how often there will be significant expenses that are not annual (Like an automobile). Other than that, the focus is on d...
by Nowizard
Fri Apr 05, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B, while still insured
Replies: 19
Views: 1099

Re: Medicare Part B, while still insured

If you have current insurance that is considered to be equivalent to Medicare, you can continue with it rather than taking Part B. Check with your carrier and obtain a letter stating it is equivalent. They provide these regularly for people in your situation. If it is not equivalent, you will need t...
by Nowizard
Fri Apr 05, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 657
Views: 74790

Re: U.S. stocks continue to soar!

There is a saying something like "At the first of the year, stay, and in May go away." That would have been a good move last year, if I recall correctly, and we would be pleased to simply retain the increases of this year so far.

Tim
by Nowizard
Fri Apr 05, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Family flying - picking seats at booking
Replies: 75
Views: 4748

Re: Family flying - picking seats at booking

It will be a challenge. We flew last week, and there was a substantial difference from four months ago. We fly what has been the other option than first class for years, now called "Basic." For the first time it did not come with Pre-check, and though we purchased tickets more than a month ago, we w...
by Nowizard
Thu Apr 04, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Anxiety about car/house purchase
Replies: 28
Views: 2847

Re: Anxiety about car/house purchase

If you are like many who went the medical route, you may now have a combination of much higher income combined with less financial experience than most of your age due to the grind of medical school/residency, etc. and its requirement of limited exposure outside your education and training. People a...
by Nowizard
Thu Apr 04, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get rid of my universal life policy?
Replies: 3
Views: 539

Re: Should I get rid of my universal life policy?

Sell it. You could obtain significantly greater amounts of term insurance for $172 annually at your age if you are in good health. If you are concerned about life insurance, use the cash value to purchase more term insurance.

Tim
by Nowizard
Thu Apr 04, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Deductible Expenses from Home Sale:
Replies: 1
Views: 179

Deductible Expenses from Home Sale:

We are selling our home and will not be subject to capital gains, so the question is not what items are deductible from basis but what items are deductible related to a home sale if one is itemizing? I know that pro-rated property tax can be itemized, for example, but cannot seem to find what other ...
by Nowizard
Thu Apr 04, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected Check from IRS
Replies: 17
Views: 2062

Re: Unexpected Check from IRS

The IRS is as good about acknowledging their error and correcting ours as they are with efforts to collect tax owed. I can think of at least four times over the past 50 years when IRS has either inquired about the possibility of underpayment or refunded a larger amount than figured by me. In all ins...
by Nowizard
Thu Apr 04, 2019 12:45 pm
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 6365

Re: Your opinion on debt?

We have always carried mortgage debt at a higher level than necessary in order to invest the capital. It has worked well for us over the years, but has to be refigured in today's environment relative to the new tax laws if a person is no longer itemizing and deducting mortgage interest.

Tim
by Nowizard
Thu Apr 04, 2019 12:41 pm
Forum: Personal Investments
Topic: Clean up of 100+ stocks in taxable
Replies: 32
Views: 2629

Re: Clean up of 100+ stocks in taxable

Sell stocks with gains you do not want to keep in order to offset losses so you do not have to carryover excess losses to future years.

Tim
by Nowizard
Thu Apr 04, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Best friend in sticky situation with Medicare Part B.
Replies: 7
Views: 1253

Re: Best friend in sticky situation with Medicare Part B.

Sounds like this has only been four days, and he is hospitalized. Surely, there is a way to deal with this considering the circumstances. If necessary, would it be possible for him to purchase COBRA insurance from his employer starting April 1 to ensure no gap in coverage?

Tim
by Nowizard
Thu Apr 04, 2019 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead teachers or those married to one: some questions about career and life...
Replies: 101
Views: 6656

Re: Boglehead teachers or those married to one: some questions about career and life...

Strictly from the job perspective, you might want to carefully consider whether your wife is interested in educational administration. My wife began as a "teacher" but gradually moved toward administration as a result of job performance. There is a career path that extends beyond the obvious one of ...