Search found 1358 matches

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: 226
Views: 44045

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: 41
Views: 2464

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: 1042

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: 1260

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: 1142

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: 3748

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: 9871

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: 2920

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: 181
Views: 23508

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: 852

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: 9871

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: 11141

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: 6655

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: 16824

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: 10547

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: 6415

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: 3904

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: 17322

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: 274

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: 1305

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: 2217

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: 3356

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: 6454

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: 197
Views: 26207

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: 197
Views: 26207

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: 8342

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: 13027

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: 10100

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: 10100

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: 3300

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: 3300

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: 2451

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: 4877

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: 10408

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: 8840

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: 4942

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: 5614

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 ...
by bayview
Mon Apr 09, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3567

Re: Am I Crazy??? [Excess W-4 withholding, got large tax refund]

Do what you like with these 0% refunds, but please don't post on other threads griping about low rates of returns on your investments. :D
by bayview
Mon Apr 09, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 8227

Re: Cash flow problems - best way to handle?

It's just unbelievable how people don't read all the posts by OP before commenting... OP, I think you got screwed in your divorce settlement. I would definitely go back to court to revisit the 529 agreement. You already have a good chunk of change in there. It can certainly take a funding break for ...
by bayview
Mon Apr 09, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: How much money can a CPA save you?
Replies: 52
Views: 5874

Re: How much money can a CPA save you?

We used a CPA for 3 years when we had a rental, which we still have. DH started doing the taxes in TT that year, but things were just different enough that he wasn't comfortable, so we went with the "expert." The expert kept messing up pretty basic things, like thinking I still had out-of-state inco...
by bayview
Mon Apr 09, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 197
Views: 26207

Re: 2-year CDs at Vanguard and Fidelity Today

At Vanguard there is a 3-year, SALLIE MAE BANK SALT LAKE CITY UT CD FDIC #58177 2.75% 04/12/21 04/11/18, at 99.55, which is 99.65 for yield of 2.872% at $1 commission, and 99.75 for yield of 2.837% at $2 commission, so a pretty good one if you want to go to three years (I just bought a few in sever...
by bayview
Sun Apr 08, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Review of tax software for trusts and estates
Replies: 69
Views: 8640

Re: Review of tax software for trusts and estates

I downloaded TaxAct last year for 2 irrevocable trusts and was surprised when it would not allow me to do the second trust. That was false advertising. In any case, I got around it by moving the first Trust file to a different location and starting from scratch with the second. I mailed in the retu...
by bayview
Sun Apr 08, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 197
Views: 26207

Re: 2-year CDs at Vanguard and Fidelity Today

Brokered CDs are bonds in the sense that standard bond formulas apply to them as well as to other fixed-income securities. In other words, the relationship between yield and price is determined by the same formulas, as is duration, for example. In the spreadsheet I use to calculate net yields (afte...
by bayview
Sun Apr 08, 2018 6:06 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 197
Views: 26207

Re: 2-year CDs at Vanguard and Fidelity Today

Was answering a question about CDs. Secondary brokered CDs: $1 or $2 per bond at Vanguard, $1 at Fidelity. New issue CDs: no commission at either. Treasuries, auction or secondary: no commission at either. I thought that's what you meant but then I read: you will pay $2 per bond in commission on se...
by bayview
Sat Apr 07, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8254

Re: Effect of spending money on appearance in career

Just a quick update. Not sure why it happened but I did get a more professional hair cut and wore suits since I posted this. Got my promotion effective the 1st. No one mentioned appearance as being a determining factor and I suspect it was a combination of feeling more confident that helped but fig...
by bayview
Sat Apr 07, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: !Please Advise on sensible housing for guy going through divorce!
Replies: 32
Views: 2725

Re: !Please Advise on sensible housing for guy going through divorce!

OP, your name here is "Gardener." If that isn't your last name, does it mean that you like to garden? Not sure you'd be happy in an apartment. I agree with the others on staying in the house until things are resolved with the help of an attorney or arbitrator. It might be tempting to just walk away ...
by bayview
Sat Apr 07, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital's "Complimentary Portfolio Review" - Thoughts?
Replies: 17
Views: 761

Re: Personal Capital's "Complimentary Portfolio Review" - Thoughts?

We have VTSAX and VIMAX (mid cap index.) I’ve been happy with the combo during the recent “bunny” market. VIMAX’s hops have been a bit more restrained. I don’t know that it will make a huge difference in the long run, but I certainly prefer it to actively-managed individual stocks. :shock: The “advi...
by bayview
Fri Apr 06, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: help! I want to treat heirs equally
Replies: 38
Views: 5390

Re: help! I want to treat heirs equally

Sandtrap suggested a great book in another thread that I am now working my way through: Beyond the Grave , by Condon and Condon. It's about many of the social aspects of leaving money. Here's the link: Beyond the Grave: The Right Way and the Wrong Way of Leaving Money to Your Children (And Others) ...
by bayview
Fri Apr 06, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Corruption vs. Country Stock Returns, 1997-2016
Replies: 17
Views: 1710

Re: Corruption vs. Country Stock Returns, 1997-2016

If interested, these are the countries with the highest and lowest corruption ranks (past 6-year average): https://s7.postimg.org/qda1ustrv/Rank_Chart.jpg Note: The average corruption rank of the United States was 74 (not shown). Data source: Transparency International These corruption rankings don...