Search found 1370 matches

by bayview
Tue May 22, 2018 8:14 pm
Forum: Investing - Theory, News & General
Topic: Do I understand duration correctly?
Replies: 33
Views: 2434

Re: Do I understand duration correctly?

Perhaps I need to have a sort of “lmp” made up of individual securities with set maturity dates. I wish my kids’ §529s and my TSP allowed me to do that. What do you mean by "lmp"? (Unsolicited advice to the board: What we write here is read by hundreds or even thousands. I try to avoid shorthand) W...
by bayview
Tue May 22, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 3354

Re: Bogle featured in Barrons cover story

“Pull up your socks” means to stop slouching around and get going.

IT and CS are information technology and customer service, of course.

If VG would convey a bit of a sense of urgency, it would be reassuring.
by bayview
Mon May 21, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Basics
Replies: 23
Views: 1990

Re: Estate Planning Basics

Read: Books on Wills, Trusts, and Estates ... Thanks for the book recommendation, I just ordered it. While that book is popular here, keep in mind that the author is in California, so much of what he writes is geared to community property states, particularly California. Also note that he focuses o...
by bayview
Mon May 21, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Home Loan from Parents
Replies: 24
Views: 2033

Re: Home Loan from Parents

If neither the borrowers nor lenders are doing this through financial desperation (meaning that things are done because of some sort of ongoing disaster and fall through in a most unpleasant way), I don’t think that the National Bank of Mom and Dad should be automatically discounted. My former MIL (...
by bayview
Mon May 21, 2018 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Multiples credit pulls on a mortgage app
Replies: 15
Views: 1081

Re: Multiples credit pulls on a mortgage app

My banker made a goof and accidentally ran my credit twice for my mortgage application within a week period. I know that multiple pulls for various lenders during the rate shop period do not affect your credit. Should I ask her to remove one of the inquiries or is this a moot point? Ideally, when F...
by bayview
Mon May 21, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Multiples credit pulls on a mortgage app
Replies: 15
Views: 1081

Re: Multiples credit pulls on a mortgage app

duplicate post; please see below
by bayview
Mon May 21, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4034

Re: Buying a Vacation Rental Property as an Investment

Regardless of whether you fully buy into global warming and the related issues I would highly recommend that you fully research how your beach front property has been affected over the last decade. As well as trying to ascertain how the area is projected to do in the next decade. One of the reasons...
by bayview
Mon May 21, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4034

Re: Buying a Vacation Rental Property as an Investment

Thanks for the info lot of good replies. Guess I should have provided additional context to my post. 1.) Area is a real estate market my parents have followed and owned in for over 20 years. 2.) It is a vacation destination (and has been for a long time). Basically the vast majority of homes are re...
by bayview
Mon May 21, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1128

Re: Trusts and Bank Accounts

Thank you for the explanation. It still seems unnecessarily complicated. But you have to remember that you created this trust for a reason, presumably to “wall off” assets in some manner for some reason (protection of inherited assets from spouses/ creditors, etc.) That means that there must be a c...
by bayview
Mon May 21, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 3354

Re: Bogle featured in Barrons cover story

"and a particular favorite is Vanguard Tax-Managed Growth and Income [VTGIX]." This is not right, there is not such a fund at Vanguard any longer and the symbol belongs to a fund from a different family. I believe one of his favorites is the Vanguard Tax-Managed Balanced Fund (VTMFX). Someone pleas...
by bayview
Mon May 21, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: Investing in Vanguard from Overseas - Employer Address
Replies: 13
Views: 1410

Re: Investing in Vanguard from Overseas - Employer Address

Hey, littleislander, I am in the same position as you. In the end what did you do? I'm considering to list my employment status as self-employed. Just curious to see how you've progressed. Hello! As you may know, investing in Vanguard when you live abroad is hard and a few people on this board have...
by bayview
Mon May 21, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 32
Views: 2960

Re: If RMD are large should you still defer into 401k

It’s not just the size of the RMDs. It’s also that you are required to take them at a time that might screw up your tax planning, affect taxation of SS for those of us without high retirement income, etc.
by bayview
Mon May 21, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47244

Re: "Why 97% of People Don't Use 529 College Savings Plans."

i don't understand why 529 threads always end up being so long... Well, sometimes because they were started four years ago, with the most recent post nearly a year and a half ago, and someone disinterested them? :D At any rate, posters might want to note the date of a post being responded to, in ca...
by bayview
Mon May 21, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4034

Re: Buying a Vacation Rental Property as an Investment

... While it may be true that rentals go up generally during recessions, the value of vacation rental properties in areas with lots of second homes and vacation rental properties do NOT. To the contrary, their values tend to get hit the most and take the longest to boomerang. A prime example is the...
by bayview
Mon May 21, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a phrase for that?
Replies: 14
Views: 1113

Re: Is there a phrase for that?

Hi, Imagine a plan that involves saving 20x or 25x of annual spend that one will start drawing down at age 60ish. Say that corpus is achieved at age N (where N < 60). Between N and 60 ages the plan would be to make enough to live at cost price (no need to save but also not touch the corpus). This i...
by bayview
Thu May 17, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Employ a daughter who in turn volunteers?
Replies: 18
Views: 1276

Re: Employ a daughter who in turn volunteers?

Is volunteering in the research lab useful to her? For example will she learn something or acquire useful contacts? If yes, I would not mess with trying to finagle things financially and just let her enjoy her 2-3 month job. If no, I would have her look for a paying job instead. Yes, this is extrem...
by bayview
Thu May 17, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: The Executor's Duties
Replies: 13
Views: 1161

Re: The Executor's Duties

Gill wrote:
Thu May 17, 2018 4:13 pm

...Didn't you ask a similar question less than a month ago that was discussed at length?
Gill
Yep. I don’t think it was ever clarified whether the poster was the heir or the heir’s BF.

IIRC, there was a lot of drama involved.
by bayview
Thu May 17, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: "Patient paid amount" for month of death in nursing home?
Replies: 33
Views: 3781

Re: "Patient paid amount" for month of death in nursing home?

Heck, at this point, I’d call the consumer advocate for all your local TV stations and toss them this nice juicy bone. Nothing like getting a bright, unflattering public light blasted on one's business dealings. Or if you’re feeling generous, give a heads-up first to the SNF that you’re about to do ...
by bayview
Thu May 17, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9984

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

Yep. Cheer up, eventually you can hit $24k/year! Frankly, we’ve never had the income to save significantly more. This is one of those threads where a popcorn-eating emoji would be useful. This will be the first year I can actually contribute the pre-tax max ($18.5k). I'm doing an additional 2% into...
by bayview
Wed May 16, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 30
Views: 3009

Re: Unique Phone Apps that you find yourself using most often?

KCSM radio and Bose SoundTouch. KCSM is one of the few remaining non-commercial jazz radio stations. Our SoundTouch is a Bose speaker that plays KCSM’s stream. We often stream on long car trips, as we pretty much hate commercial radio these days. Other stations on my phone: WWOZ, WNCW and WDVX. (I h...
by bayview
Tue May 15, 2018 6:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 189
Views: 24247

Re: Roll Call for the Retirement Class of 2018!

Rolling out the updated roster for the Great Retirement Class of 2018. "At the corner of retired and happy" are 12 lucky graduates :beer ... Upcoming graduates - :!: ... __ ___ MnD __ ___ TinyTim (70) __ ___ bayview __ ___ Sparky1500 On Retirement Permahold 8-) TheTimeLord (class of 2014/2015/2016/...
by bayview
Tue May 15, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Volatility tolerance build up
Replies: 11
Views: 859

Re: Volatility tolerance build up

Frequent (weekly +) review of my total net worth - where it is in the moment, where it was, and where it might be - indeed has a numbing effect. I see where it has dipped in the past and remember my feelings then and have watched it recover and likewise. remember my feelings in those times. Some ye...
by bayview
Mon May 14, 2018 9:35 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9984

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

We do not go beyond 18.5K in our 401K(s). 1. Employer doesn't allow it. 2. Employer doesn't have in-service roll over. 3. OPM/TSP will tell you that they just follow the IRS rules for 401K, but clearly they do not follow the entirety of the rules. Yep. Cheer up, eventually you can hit $24k/year! Fr...
by bayview
Sun May 13, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 82
Views: 11199

Re: Avoiding the Hassle Factor

I've read a number of BHs use Vanguard ETFs at Fidelity...of course that comes with the $4.95 per trade fee paid to Fidelity. I know that Fidelity has 2 years of up to 500 trades if a certain dollar amount is moved over....has anyone ever asked Fidelity if that 500 trades could be spread out over 1...
by bayview
Sun May 13, 2018 4:20 am
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 6705

Re: Cancer - tips?

Kristen, what an amazing and thoughtful reply.

I love this forum.

camillus, best wishes for a full recovery!
by bayview
Sun May 13, 2018 2:20 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 16898

Re: What Percentage CASH are you?

Why do you do this? munemaker....You ask a fair question; I shall answer... I don't know if this is the source of munemaker's amazement, but it is the source of mine: a home safe (with or without handguns) containing paper cash is horribly vulnerable to fire/ heat/ water damage from attempts to put...
by bayview
Sat May 12, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 97
Views: 10591

Re: Total Bond - SEC yield breaks 3%

Truly not wishing to get in the middle of this ^^ :D , but the most recent CPI-U inflation figure (not market expectations over 5 years) is 2.5%: In April, the Consumer Price Index for All Urban Consumers increased 0.2 percent seasonally adjusted; rising 2.5 percent over the last 12 months, not seas...
by bayview
Sun May 06, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 6442

Re: Resignation letter

I just explained to my wife that they could release her anytime regardless of the signatures or not. Do you think the company can hold her to the signatures and deny her of post employment entitlements? I don’t know about the validity of that agreement. I am a manager. I am not allowed to sign anyt...
by bayview
Wed May 02, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: Portfolio peepers: what do you do?
Replies: 48
Views: 3919

Re: Portfolio peepers: what do you do?

I'm curious, for those of you who essentially look at your portfolio when the market is tanking, what do you do with that information? Do you panic, does it make you feel better/worse about your investments, etc? I just peep. I learn how weirdly variable the market can be. After doing this a while,...
by bayview
Wed May 02, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17378

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

I did not think this would get so off topic. We don’t “work hard to keep separate credit” but we are getting a mortgage just based on my income alone, plus I have the more established credit history anyways and with a slight edge in numbers. Because our car died we needed a new one and we thought i...
by bayview
Tue May 01, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing - Late Payments
Replies: 3
Views: 275

Re: Refinancing - Late Payments

Hi, welcome to Bogleheads! This site is (generally) focused on prudent, conservative personal finance and investing. While many have HELOC’s on our homes as a source of emergency cash, the idea is to keep them at a $0 balance, or pay them off ASAP. Many who used their homes as a source of cash via e...
by bayview
Mon Apr 30, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to help housekeeper - she says she cannot incorporate?
Replies: 21
Views: 1315

Re: Trying to help housekeeper - she says she cannot incorporate?

Asking my question from OP with clearer specificity- My housekeeper took social security early and tells me that she cannot earn more than $17k a year. If she incorporates into an S-Corp or an LLC, and earns $20k a year in income but writes off $3,000 in expenses - therefore showing a net income to...
by bayview
Mon Apr 30, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide if I can afford to buy an apartment for parents
Replies: 46
Views: 2220

Re: Help me decide if I can afford to buy an apartment for parents

I considered finding a better rental but they are somewhat against that because the rent will increase. They say that in that case they'd rather stay in their current rental so I don't "waste" even more money on rent. In their head if I buy the place, at least it would an investment. They are 62 an...
by bayview
Thu Apr 26, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: When the market crashes...
Replies: 25
Views: 3370

Re: When the market crashes...

I've been thinking, when the market crashes is it better not to put money in 401K and IRA, just keep what is there there but any new money perhaps it's better to keep in a savings account? Perhaps the one “maybe” would be if you don’t have a solid emergency fund. If the market crashes, your income ...
by bayview
Tue Apr 24, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 52
Views: 6535

Re: Floating Net Worth w/ VT after 5 Years

I wish Vanguard would open up an Admiral Shares class for Total World. That would make getting 100% on board an easier decision. Does anyone know why total world has less stocks than if you combine total us and total international? This, and the expense ratio difference is why I'm not actually in V...
by bayview
Sun Apr 22, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 206
Views: 28056

Re: 2-year CDs at Vanguard and Fidelity Today

Here’s a noob question for you :D : We have started building a three-year ladder of brokered CDs, all new issue. (We don’t have the experience, inclination, or know how to fine-tune things to get a few more bps, and probably never will.) The displayed prices bounce around, as (of course) do the dai...
by bayview
Sun Apr 22, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 206
Views: 28056

Re: 2-year CDs at Vanguard and Fidelity Today

Here’s a noob question for you :D : We have started building a three-year ladder of brokered CDs, all new issue. (We don’t have the experience, inclination, or know how to fine-tune things to get a few more bps, and probably never will.) The displayed prices bounce around, as (of course) do the dail...
by bayview
Fri Apr 20, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 8402

Re: “The Smell of Retiree Mon$y...”

If you don't want to hear from an organization you have decided to include in your will, you may well be in the minority, so try to see it from their side as well. Many times donors want to be recognized, thanked, flattered, and courted. It's work. Many donors would change their minds if they were ...
by bayview
Fri Apr 20, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 168
Views: 13352

Re: I’m still not a fan of international bond funds

I would consider moving my Vanguard investments to a Target Date or LifeStrategy fund if there were the option to do so without international bonds. Even more so for “advice upon death.”

I think Vanguard has decided to live or die upon this particular sword.
by bayview
Fri Apr 20, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 10146

Re: Got hit with a $2800 Medical bill. Can I negotiate?

My patients who ask for a cost estimate, which in my experience is way less than 5%, and probably closer to 1-2%, get provided a pre-printed sheet with the CPT code(s) I’m submitting to insurance for pre-authorization, as well as the estimated length of the procedure. The sheet has phone numbers fo...
by bayview
Wed Apr 18, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 10146

Re: Got hit with a $2800 Medical bill. Can I negotiate?

This is exactly why we don’t have an HDHP plan. We don’t have a ton of cash on hand to cover the personal responsibility. OP, you signed up for this plan. Did you not research your individual responsibility? Didn’t you realize that this is the flip side of your plan? You owe the debt, assuming that ...
by bayview
Wed Apr 18, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3308

Re: Suddenly I had a weird bill go to collections - what's my course of action?

Update for closure: I went to the health center to talk to the billing department. They confirmed that it was a billing error. Something was mis-keyed, and that I was originally supposed to be charged $178 minus the cash discount, making the charge $126. However, I was instead charged $83 and that'...
by bayview
Sun Apr 15, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3308

Re: Suddenly I had a weird bill go to collections - what's my course of action?

Don't stress, it's just a chore that needs to be dealt with. You can call the Health Center Monday. If you really owe the money, they can pull the debt back from whoever wrote you a letter, and you can pay the health center. It may be that the "debt collector" is really just another department of t...
by bayview
Thu Apr 12, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: [Help completing the TN state tax return]
Replies: 73
Views: 2461

Re: How do I know which amounts from my 1099 form make me decide on if I have to pay a state tax return to Tennessee?

Thanks for the website but that doesn't help me. And to the second poster, I have the tax return from my wife when she was single done by a CPA last year. I just want to understand all this stuff. And is my original question not pretty simple? I just need to know exactly which spots to add together...
by bayview
Thu Apr 12, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: realtor wants to show house to buyer, no listing agent for me
Replies: 55
Views: 4893

Re: realtor wants to show house to buyer, no listing agent for me

Thanks all for your time and I truly value all your suggestions. :sharebeer I somewhat felt obligated to show my house since I said I would. But after reading everyone's advice, I will not allow the private viewing. When the realtor calls back with a visit time, I will firmly say I have changed my ...
by bayview
Thu Apr 12, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 97
Views: 10494

Re: Wanting to leave Fidelity

...I mean, just to add a savings account, they have to first call or text me to verify it is me, then they want a voided check (how online savings account), a deposit slip (again, online savings account) AND a copy of the statement. [(removed) --admin LadyGeek] Fidelity used to be a dream to use, b...
by bayview
Thu Apr 12, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 8937

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

great example of what I have been telling people for 20 plus years, there are significant advantages of building individual portfolios. While we won't buy A rated bonds, we won't sell if downgraded to A and 3 years or less to maturity as credit risk as you note is negligible if GO or essential serv...
by bayview
Thu Apr 12, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Introduction to Treasury Inflation Protected Securities (TIPS)
Replies: 53
Views: 4965

Re: Introduction to Treasury Inflation Protected Securities (TIPS)

If I didn’t have the G fund, I would have TIPS matched out to years, as an LMP. IF (as is frequently threatened, but so far hasn’t happened), the G fund is gutted and loses its unique structure, I will probably move the $$$ out of my TSP and put it into into TIPS. If Ed McMahon (oh wait, he’s dead) ...
by bayview
Tue Apr 10, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5678

Re: Retirees: Who's increasing their equities as they age?

Hoping to retire in nine months... With our relatively (compared to BH’ers) limited retirement savings, we have a floor of 15 - 20 years’ worth of withdrawals in the G fund. Everything else is equity. If stocks do well, we will draw some from stocks as well as G, but otherwise, we’ll just draw down ...