Search found 60 matches

by kayo
Thu Mar 30, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: IRA DEADLINE
Replies: 6
Views: 801

Re: IRA DEADLINE

Minor correction: Contribution limits If you’re still working, review the 2016 IRA contribution and deduction limits to make sure you are taking full advantage of the opportunity to save for your retirement. You can make 2016 IRA contributions until April 18, 2017. https://www.irs.gov/retirement-pla...
by kayo
Fri Jun 13, 2014 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Are I Bonds A Good Idea?
Replies: 11
Views: 1963

Re: Are I Bonds A Good Idea?

I've been thinking about gradually transitioning some of my emergency fund to i-bonds (because of the 1 year holding period). Seems like they pay a little better than CD's and online savings accounts; plus, you don't have to pay the taxes on the interest until you cash them in. I've also been think...
by kayo
Thu May 08, 2014 12:39 pm
Forum: Investing - Theory, News & General
Topic: "The Simplest Wealth Plan Ever"
Replies: 26
Views: 5263

Re: "The Simplest Wealth Plan Ever"

This book is excellent and should be read by millennials and everyone else. I will see that my teenage grandchildren read this. A question that I have is what the young person can do with their saved money until they reach the $3000 minimum for each fund in a Roth or other sheltered account. LarryG...
by kayo
Thu May 08, 2014 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Obligations to help parents financially?
Replies: 77
Views: 9129

Re: Obligations to help parents financially?

Firstly, let's be clear. Your parents signed the contract. The loan is their obligation, not yours. It's a bummer, but these are the facts. It is not productive to pretend otherwise. Your first priority is to keep your own financial house in order. Next, do an Internet search on "establish boun...
by kayo
Sun Apr 20, 2014 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Hit your #, Still want to work, does your savings % change?
Replies: 47
Views: 6098

Re: Hit your #, Still want to work, does your savings % chan

I don't have a number, but when my realized number got pretty big I started earning (and saving) less. In my own particular situation earning less was achieved by: leaving captive employment from Megacorp, working fewer hours, and doing work that was more fun but paid less. Being able (mostly) to se...
by kayo
Tue Apr 08, 2014 9:30 am
Forum: Personal Finance (Not Investing)
Topic: How do you walk away from a good job?
Replies: 38
Views: 6017

Re: How do you walk away from a good job?

Why do you have to walk away? As far as I am concerned, if I don't want to leave my job, it's not time to retire yet. It is more of a golden handcuffs type of situation. It is by a good margin the best compensation I have ever received. But there are a lot of things I want to do while I am young an...
by kayo
Fri Apr 04, 2014 10:55 pm
Forum: Investing - Theory, News & General
Topic: Help me understand Michael Lewis' "Flash Boys"
Replies: 175
Views: 36713

Re: Help me understand Michael Lewis' "Flash Boys"

An editorial by Joe Nocera about the Michael Lewis book is now on nytimes.com:

http://www.nytimes.com/2014/04/05/opinion/nocera-michael-lewiss-crusade.htm
by kayo
Fri Jan 17, 2014 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to still write checks?
Replies: 76
Views: 4452

Re: Any reason to still write checks?

I make sure to pay for my magazine subscriptions by check. Many of them will automatically renew the subscription with a credit card when you use one which is stated in the fine print. Some vendors now want to automatically renew subscriptions with an ACH payment from your checking account, also st...
by kayo
Fri Jan 17, 2014 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Create LLC in which state if you're planning a move?
Replies: 23
Views: 2596

Re: Create LLC in which state if you're planning a move?

In the name of simplicity I would register the LLC in the state where I reside. Upon moving to a new state I would create a new LLC, transfer over the assets, and mow down the old LLC.
by kayo
Wed Nov 20, 2013 12:26 pm
Forum: Personal Consumer Issues
Topic: Thinning hair/ hair loss products
Replies: 35
Views: 5748

Re: Thinning hair/ hair loss products

OP, honestly, go with a very short haircut, basically a buzz or clipper cut. Why? Because if you are balding, a very close cut actually helps to blend in your hair, makes it much less obvious you are balding. Long hair exposes your shortcomings; a very short haircut conceals them. Furthermore, the ...
by kayo
Tue Nov 19, 2013 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?
Replies: 11
Views: 633

Re: Stock Part. Prog. (SPP) as a vehicle for home savings- R

There is no right answer to your dilemma. It is almost always smart to take advantage of the stock purchase discounts, although your lockup period is rather long. +1 Everyone's situation is different. Speaking for myself, If I had plenty of cash flow available and I felt optimistic about the compan...
by kayo
Tue Oct 22, 2013 10:32 am
Forum: Personal Consumer Issues
Topic: Best Sofa with Young Children
Replies: 38
Views: 3444

Re: Best Sofa with Young Children

Hi, I've gotten different advice regarding what type of sofa to get for a family with young children, who will spill liquid/foods, jump on and throw around the cushions, etc. Some people have said not to get a light color. Other people have recommended leather. Sectional corner sofa's vs. multiple ...
by kayo
Wed Aug 21, 2013 5:59 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 954
Views: 166821

Re: Tesla S

Also, who is "stealing" electricity? If you're talking about someone who sneaks a cord from their car to an AC outlet that isn't an approved charging station and without getting the owner's approval, yes, that's stealing. I'm not sure many people would argue with that. Are you suggesting ...
by kayo
Sun Jul 07, 2013 7:11 pm
Forum: Personal Consumer Issues
Topic: Moving Closer To Family?
Replies: 30
Views: 2603

Re: Moving Closer To Family?

Maybe move in with them for a week's vacation and see how it feels to them and you? Neighborhoods change over time, and it may not seem as great as it was growing up. Use a service like http://www.vrbo.com/ to locate and rent a nearby house for a week or two. Within the larger scheme it won't cost ...
by kayo
Wed Jun 26, 2013 10:44 am
Forum: Personal Consumer Issues
Topic: Is "buying organic" food worth it?
Replies: 89
Views: 6976

Re: Is "buying organic" food worth it?

The food that comes in our CSA basket is organic, and we keep the pesticide load in mind when we buy produce at the market.

Also, as TomTom points out, we are not hung up on the distinction between organic and Organic[tm].
by kayo
Tue Jun 25, 2013 5:49 pm
Forum: Personal Consumer Issues
Topic: You all have to work past 70 now:)
Replies: 6
Views: 1369

Re: You all have to work past 70 now:)

Choose a job you love, and you will never have to work a day in your life.
by kayo
Sat Jun 15, 2013 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Article about young americans not using credit cards
Replies: 81
Views: 7106

Re: Article about young americans not using credit cards

I'm in my late 20s, and I've never had a credit card nor ever been in debt, so I have no credit history or score. I've never had a need for credit, and the idea of choosing to manage something that I don't need hasn't made any sense for me (that said, I have no doubt that I would be able to manage ...
by kayo
Mon Jun 10, 2013 1:28 pm
Forum: Investing - Theory, News & General
Topic: Trying to Advise Friends and Family About Investing
Replies: 26
Views: 3319

Re: Trying to Advise Friends and Family About Investing

Agree. Don't volunteer advice. If asked for advice, state it briefly, and coach it as "what I am doing," not "what you should do." This is exactly what I did when I initiated the retirement plan at my place of employment. Some of the folks asked me where to put their money, and ...
by kayo
Fri May 31, 2013 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Medicare, Medicaid & VA benefits?
Replies: 8
Views: 1062

Re: Help with Medicare, Medicaid & VA benefits?

Check to see if he qualifies for a VA pension.

VA’s pension program provides monthly benefit payments to certain wartime Veterans with financial need, and their survivors.

Go to http://benefits.va.gov/PENSIONANDFIDUCIARY/pension/Pensionprograminfo.pdf for more info.

Good luck.
by kayo
Fri May 31, 2013 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Downpayment Money from In-Laws
Replies: 52
Views: 5441

Re: Downpayment Money from In-Laws

One final note: we do have a good relationship with her parents, and their incentive to help us lies in the house's proximity to their own. I would evaluate it from a risk management perspective. o There is probably little risk to not buying a house that you can't afford. Live within your means. o ...
by kayo
Thu May 30, 2013 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: MasterDex 10 Annity in IRA
Replies: 6
Views: 743

MasterDex 10 Annity in IRA

A relative of mine rolled their IRA into an Allianz MasterDex 10 Annuity in 2007, has been taking RMD's, and now is looking to annuitize. This can be done in a variety of ways, yearly, quarterly, monthly, over 10 years, 20 years, etc. For the sake of discussion, let's say we are at peace with this a...
by kayo
Wed May 29, 2013 2:36 pm
Forum: Personal Consumer Issues
Topic: electrical outlet splitters(?)
Replies: 20
Views: 3574

Re: electrical outlet splitters(?)

I like this type of splitter because it works well with wall cubes.

AC POWER CORD, BLACK POWER STRIP, OUTLET, SAVER, DOUBLE OUTLET Jameco Part no. 208347
by kayo
Sun May 26, 2013 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Stopping payment on a lost check
Replies: 13
Views: 11054

Re: Stopping payment on a lost check

My daughter wrote a $500 check to her roomate for expenses etc. and her friend lost the check. Do you think it is necessary to call the bank and stop payment ($ $35 fee)? I did this once. My check was sitting in the recipient's mailbox in a mailbox cluster at the moment it was pried open by a mail ...
by kayo
Tue Apr 02, 2013 1:03 am
Forum: Investing - Theory, News & General
Topic: fixed indexed annuity
Replies: 58
Views: 4316

Re: fixed indexed annuity

The OP brings up an interesting point in using a FIA as a bond alternative, though, don't ya think? If illiquidity is not an issue and you buy a, say, 6-year FIA, is your risk-return profile really worse than that of a 6-year bond? It's obviously a tough comparison, but I'm not convinced that a bon...
by kayo
Mon Apr 01, 2013 11:08 pm
Forum: Investing - Theory, News & General
Topic: fixed indexed annuity
Replies: 58
Views: 4316

Re: fixed indexed annuity

I have to admit I was feeling pretty good about buying a 6,8 or 10 year fixed indexed annuity after a presentation I attended.The speaker use to be a VP at Morg Stanley and got out of the stock market advising game.He now specializes in one product....the fixed indexed annuity.With the bond market ...
by kayo
Sat Mar 09, 2013 11:54 pm
Forum: Investing - Theory, News & General
Topic: Ally Bank: Poor Showing On Fed's Stress Test
Replies: 18
Views: 4364

Re: Ally Bank: Poor Showing On Fed's Stress Test

I went through the failure of an NCUA-insured credit union circa 1990 and it was a total nonevent --one name on the door Friday, new name on the door Monday, all CDs kept the same terms. At the same time a colleague had all of his families' funds in a major regional bank that failed; it was among t...
by kayo
Fri Jan 18, 2013 1:07 pm
Forum: Personal Consumer Issues
Topic: House Selection: More $ for Higher Possible Return
Replies: 11
Views: 1143

Re: House Selection: More $ for Higher Possible Return

I would not look at a home as an investment nor choose one on that basis. I would simply go with the one you like best, all things considered. Thanks prudent, while I agree with that statement, there is a line. You wouldn't buy a beautiful $400k house in a $150k neighborhood. So this being in my he...
by kayo
Thu Jan 10, 2013 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan debt collector calling about in-law
Replies: 15
Views: 2109

Re: Student loan debt collector calling about in-law

If you can get them on the phone just tell them the truth. Though funny thing about debt collectors they never go away. This is true. Years ago my home phone number got associated with a non-performing loan. (Data entry error?) They call and call and call. Finally when you get a real person on the ...
by kayo
Sun Jan 06, 2013 2:00 pm
Forum: Investing - Theory, News & General
Topic: Bond returns
Replies: 6
Views: 681

Re: Bond returns

With all I am trying to learn about 3-fund portfolios, and with everyone on CNBC and elsewhere talking about the "ending" bull market in bonds, is it truly wise to place such a high percentage of a portfolio in these bond funds? I am looking forward to the big bond crash. When it happens ...
by kayo
Sun Jan 06, 2013 1:19 pm
Forum: Investing - Theory, News & General
Topic: Bond returns
Replies: 6
Views: 681

Re: Bond returns

With all I am trying to learn about 3-fund portfolios, and with everyone on CNBC and elsewhere talking about the "ending" bull market in bonds, is it truly wise to place such a high percentage of a portfolio in these bond funds? I am looking forward the big bond crash. When it happens I w...
by kayo
Mon Dec 31, 2012 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable -Tax Exempt Fund - Reinvest Divident or not
Replies: 10
Views: 1146

Re: Taxable -Tax Exempt Fund - Reinvest Divident or not

If the funds are held directly with Vanguard - Vanguard keeps track of all cost basis information and provides reports at year end. Yes. The funds are directly held with Vanguard. So that means, I should be fine if I reinvest the divident for these funds in Taxable? Apart from Tax complications (wh...
by kayo
Sun Dec 30, 2012 12:15 am
Forum: Personal Consumer Issues
Topic: How good is vanguard website security?
Replies: 109
Views: 23909

Re: How good is vanguard website security?

I have both a vanguard and etrade account. A month ago, my etrade account got hacked into, but their security is pretty good, so since there was a suspicious login from a different state, etrade asked 5 security questions and locked the account since they got the questions wrong. However they did m...
by kayo
Tue Dec 18, 2012 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get collision insurance for your car?
Replies: 43
Views: 4561

Re: Do you get collision insurance for your car?

I also share Warren Buffett's view, and we do not carry collision insurance on either of our cars. (We do carry substantial liability and UM coverage.) However, this thread the other day gave me pause: http://www.bogleheads.org/forum/viewtopic.php?f=2&t=106859 According to the experiences of so...
by kayo
Wed Dec 12, 2012 1:14 am
Forum: Personal Finance (Not Investing)
Topic: other driver's insurance not accepting liability
Replies: 31
Views: 7942

Re: other driver's insurance not accepting liability

I notified his insurance about a week after the incident. I have full coverage, and a $500 deductible. I haven't filed a claim with my insurance company, but I'll notify them tomorrow. I honestly thought I was supposed to go to the other guy's insurance. I guess that was a bit stupid of me Years ag...
by kayo
Tue Dec 11, 2012 12:40 pm
Forum: Investing - Theory, News & General
Topic: You Are Naturally Short Housing
Replies: 28
Views: 2369

Re: You Are Naturally Short Housing

Exactly. Or maybe it's all a matter of semantics. Buying a house with a fixed rate mortgage is defensive move that lets you project your future cash flow requirements for putting a roof over your head. Count it as a check mark in the plus column for buying when doing a side by side comparison betwee...
by kayo
Fri Nov 30, 2012 2:37 pm
Forum: Personal Consumer Issues
Topic: What kind of car are you driving?
Replies: 368
Views: 36229

Re: What kind of car are you driving?

2006 sedan, Detroit iron, purchased used with 2.5 years/20k miles on it
by kayo
Wed Nov 14, 2012 11:15 pm
Forum: Personal Consumer Issues
Topic: What Advice Would You Give Your 30yo Self?
Replies: 70
Views: 7604

Re: What Advice Would You Give Your 30yo Self?

Nearing 32, I've often thought about what I wish I could go back and teach my 20 year old self. (Living below your means and avoiding debt like the plague are two that often come to mind) So the thought came to me what about what will I be wishing I could come back and teach myself 10 years from no...
by kayo
Wed Nov 14, 2012 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I keep 401 (k) with my old employer
Replies: 29
Views: 3559

Re: Should I keep 401 (k) with my old employer

I have just changed jobs and was wondering should I keep my 401 (k) account separate from last job and new job? Or convert it to IRA.? A quick summary of issues mentioned so far: 1) Fund choices might be better in existing 401k. 2) Tax ramifications on back door Roth IRA contributions as well as du...
by kayo
Tue Nov 06, 2012 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: [POLL] Increase in retirement contributions as we age
Replies: 26
Views: 1743

Re: [POLL] Increase in retirement contributions as we get ol

This is an interesting topic. In our household we have made some adjustments where we are working less to make more family time. We enjoy our work, but only up to a point. We continue to max out all 401k/403b/SEP IRA opportunities (same as before). I never had a rigorous financial plan, but I always...
by kayo
Tue Oct 16, 2012 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning to lock in lower CG taxes before 2013?
Replies: 15
Views: 1491

Re: Anyone planning to lock in lower CG taxes before 2013?

Since this discussion generally has to do with investments that one wants to continue holding my response would be, No. However, I have a few individual stocks, all with unrealized capital gains. Since individual stocks do not fit my current investing philosophy I am considering this to be perhaps ...
by kayo
Fri Oct 12, 2012 4:27 pm
Forum: Personal Consumer Issues
Topic: Car front bench seats go away
Replies: 24
Views: 2938

Re: Car front bench seats go away

Front bench seats are better if you are trying to escape from bandits, kidnappers, bad guys & gals. The passenger can scoot over easily and drive. Etc. This is taught in executive safety school. My car is set up this way, bench in front, bench in back, front wheel drive, six sets of seat belts....
by kayo
Tue Oct 09, 2012 1:29 pm
Forum: Investing - Theory, News & General
Topic: What is the return on stock vs real estate investing?
Replies: 64
Views: 4910

Re: What are the return on stock vs real estate investing?

Don't forget risk. After the last 5 years it is hard to understand how this is not clear. With 5 to 1 leverage, if no risk shows up, you make a lot of money. With 5 to 1 leverage, if risk shows up even modestly, you lose it all. I know many people have done well with residential real estate, but I ...
by kayo
Thu Oct 04, 2012 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with NSO
Replies: 14
Views: 942

Re: Help with NSO

I have another query. Should I spread exercising 14000 NSO between 2012 and 2013 from AMT point of view. My taxable income w/o NSO is about 260K. With this exercise, I will go deeper into AMT. So if I spread it in two calendar years - do I benefit anything? You may, it depends on your filing status...
by kayo
Thu Oct 04, 2012 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with NSO
Replies: 14
Views: 942

Re: Help with NSO

I am not sure I understand how the ESPP shares fit into the equation. Leaving the ESPP issue aside, I strongly prefer the cashless sell. I see no need to continue to own shares in your employer after the exercise, which is counter to the idea of diversification. Assuming you are taxed at ordinary r...
by kayo
Thu Oct 04, 2012 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Help with NSO
Replies: 14
Views: 942

Re: Help with NSO

Dear Bogleheads, I have about 14,000 NSO expiring next year. Grant price is $12, stock is currently at $70. Thinking what is the most tax efficient way to exercise them. Should I exercise and hold OR exercise and sell? Is cashless exercise recommended? I have some ESPP stocks that I could use to pa...
by kayo
Mon Oct 01, 2012 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship Status
Replies: 19
Views: 4524

Re: Vanguard Flagship Status

The Flagship member does have to set this up for their immediate family. It is a great deal for a young couple starting out and not having to pay fees and get the Flagship benefits. I'm not saying this is incorrect, but I do know when I set up a corp. brokerage account in the name of my LLC, in ord...
by kayo
Fri Sep 28, 2012 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the price of a business / Advice for sibling
Replies: 8
Views: 566

Re: Determining the price of a business / Advice for sibling

The standard sale price for a business is 80% of the annual revenue, thus making this deal a bargain. +1 on this generalization being absurd. My intention would be to sell the business in 5-7 years, when I project sales and revenue to peak. At this point the business should value around $5.5 to $6....
by kayo
Thu Sep 27, 2012 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: wire transfer suggestions?
Replies: 1
Views: 351

wire transfer suggestions?

I was once a satisfied business banking customer. One of the best features in my previous situation was that the fees were low and I got a good rate on international wire transfers. Now that my bank has been gobbled up by one of the "big boys" I am getting lousy exchange rates and paying h...
by kayo
Wed Sep 26, 2012 7:53 pm
Forum: Personal Consumer Issues
Topic: Any New Zealand tips?
Replies: 23
Views: 2022

Re: Any New Zealand tips?

Any hotels recommended in Auckland? Any other recommendations? Haven't been there lately, but there are a few things that worked out on previous trips that I would try again. 1) The are tourism/hotel kiosks in every airport and most fairly big towns. I showed up at the Auckland airport one time (an...
by kayo
Thu Sep 13, 2012 12:25 am
Forum: Personal Consumer Issues
Topic: Medical Spanish Immersion Abroad
Replies: 13
Views: 1647

Re: Medical Spanish Immersion Abroad

I am a nurse practitioner and my employer is offering a substantial pay increase if I can become proficient in Spanish. They are currently paying for my classes in Spanish 101 (and 102 this spring) at the local community college. I have seen several ads online indicating two week (two weeks is the ...