Search found 3281 matches

by 123
Tue Jun 19, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Priceline hotels?
Replies: 13
Views: 1616

Re: Priceline hotels?

I used Priceline a few times when they had more of the "opaque" deals. One time when I took one of the "opaque" deals I ended up a very nice independent hotel which worked out very well for me. As I checked out the first time the front desk said they would be glad to have me back at the same rate an...
by 123
Tue Jun 19, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on job change consideration
Replies: 5
Views: 255

Re: Advice on job change consideration

BolderBoy wrote:
Tue Jun 19, 2018 1:06 pm
LukeHeinz57 wrote:
Tue Jun 19, 2018 1:00 pm
Based on the information you have provided I would take the prospective job.
Likewise.
+1
by 123
Tue Jun 19, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: MIL passed- question about her Social Security
Replies: 4
Views: 492

Re: MIL passed- question about her Social Security

A widow(er) can be eligible for a reduced survivor benefit at age 60. Any benefit a widow(er) receives before they attain their own full retirement age (FRA), which used to be 65 but now varies based on an individual's year of birth, will be reduced if they still have earned income, depending on how...
by 123
Tue Jun 19, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Arrangements for spouse to manage investments on death
Replies: 15
Views: 674

Re: Arrangements for spouse to manage investments on death

If you need to have your surviving spouse "go outside" for assistance with financial investments you risk her falling into the clutches of a high AUM financial adviser. Might not be the one you pick, could well be a friend's recommendation. The approach I've taken is to simplify as much as possible....
by 123
Tue Jun 19, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 3641

Re: Do you think it is smart to disclose that you have passive investments to other people?

If you are a professional you are primarily respected because of your professional skills and services. Any hint or suggestion that you have other interests, "gigs", or activities can only serve to distract and diminish how you are perceived. If you are a professional doctor, lawyer, CPA, nurse, plu...
by 123
Mon Jun 18, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Shorting Amazon
Replies: 41
Views: 2799

Re: Shorting Amazon

If you've got play money to burn why not play both sides of the street at the same time? Buy some calls and also buy some puts.
by 123
Mon Jun 18, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 111
Views: 7670

Re: Messy Divorce -- Forensic Accounting Help....

As others have said I would try to move on and get "stuck" on this stuff. Sure, maybe she's stashed away $100K, maybe more, who knows. How much are the joint acknowledged marital assets (real estate, vehicles, bank accounts, retirement accounts)? How much of total marital assets do these possibly hi...
by 123
Mon Jun 18, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 111
Views: 7670

Re: Messy Divorce -- Forensic Accounting Help....

An individual could open a regular taxable brokerage account and invest 100% in Berkshire Hathaway "B" Shares (BRKB) and would not generate any tax reporting if no shares were sold. Berkshire Hathaway does not pay dividends, it simply accumulates value in the shares (and they go up in value).
by 123
Mon Jun 18, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Help Retirement implications
Replies: 15
Views: 784

Re: Investment Help Retirement implications

delamer wrote:
Mon Jun 18, 2018 3:30 pm
...Your issue is not financial, it is psychological. That isn’t uncommon, but there isn’t much that this forum can do to help.
+1 Time for you to retire and relax a bit.
by 123
Mon Jun 18, 2018 3:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 1946

Re: Vanguard Brokerage Acct. WHY ?

For individuals (or their immediate families) that are involved in the securities industry, investment banking, or in sensitive corporate positions that potentially could allow them to access "insider information" personal brokerage accounts are often subject to disclosure and monitoring by the comp...
by 123
Mon Jun 18, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to brokered CDs differ?
Replies: 9
Views: 716

Re: How to brokered CDs differ?

A regular CD is issued directly to you by a bank. It normally has provisions to withdraw money early for which the bank charges an early withdrawal penalty. Many banks offer CDs as a deposit account for an IRA. You deal directly with the bank for such IRA CDs. A brokered CD is one which you buy from...
by 123
Mon Jun 18, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Planning to buy a home in California
Replies: 8
Views: 691

Re: Planning to buy a home in California

If you cannot handle a 50% decline in your assets set aside for home purchase those assets should be in fixed income investments like CDs or Treasuries. Any equity related investment comes with the risk of a substantial decline at any time. Equity investments that decline could conceivably recover b...
by 123
Mon Jun 18, 2018 12:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 1946

Re: Vanguard Brokerage Acct. WHY ?

A switch to a brokerage account would make it easier to transistion to other investments, incluidng mutual funds offered by issuers other than Vanguard, if that desire or need arose. If the mutual funds are held in a brokerage account they would be insured by SIPC. Mutual funds that are purchased di...
by 123
Sun Jun 17, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1675

Re: Schwab Independent Franchise

...My concern remains.... if Schwab has monies to refund to someone on on monthly basis why can’t it be to the customer instead of an undeserving “salesman”? Charles Schwab SCHW is a profit-making dividend-paying company. It uses commissions (in various forms) as an incentive to employees to gather...
by 123
Sun Jun 17, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Global Wellington w/ Lifestrategy fund ..!?
Replies: 5
Views: 575

Re: Switching Global Wellington w/ Lifestrategy fund ..!?

Vanguard LifeStrategy funds are funds-of-funds with the funds used being four Vanguard index funds. If you switch you will eliminate specific fund manager risk since there is none. Note that the LifeStrategy funds do have what I consider a high percentage of international stocks and bonds, I am bowi...
by 123
Sun Jun 17, 2018 10:05 pm
Forum: Personal Consumer Issues
Topic: suggestions on which state to hire a mover: start or end?
Replies: 3
Views: 457

Re: suggestions on which state to hire a mover: start or end?

I think the normal practice is to have them pick-up your stuff first. It's very difficult to get a price (even if it's only a reasonable estimate) without looking at how much stuff there is to move.
by 123
Sun Jun 17, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5032

Re: Young and rich

The most important advice we can give you about receiving a significant sum, such as $1M, is to tell no one.
by 123
Sun Jun 17, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1675

Re: Schwab Independent Franchise

The references on schwab.com to the compensation of Independent Branch Leaders (franchisees) don't appear to indicate that it costs the Schwab customer any more for anything if they are serviced/assigned to an independent branch. It just looks like Schwab gives the franchisees a portion of the regul...
by 123
Sun Jun 17, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: "Money Talk" Radio Program with Bob Brinker
Replies: 15
Views: 1667

Re: "Money Talk" Radio Program with Bob Brinker

I used to listen to him every week when he was on live both Saturdays and Sundays. A few years back he went to Sundays only and many shows are repeats (unannounced) so I rarely listen anymore. For the most part his advice is sound, very Bogleheadish from my point of view. He does seem to have gone o...
by 123
Sun Jun 17, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: STAR vs. 3-Fund Portfolio
Replies: 14
Views: 1344

Re: STAR vs. 3-Fund Portfolio

I think the ER for STAR (.32%) just make many of us favor the LifeStrategy funds. STAR has a low minimum ($1,000) so it's great place to get comfortable with mutual funds. The total return from STAR is likely most driven by it's stock market component. If the stock market is high likely STAR will re...
by 123
Sun Jun 17, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 73
Views: 5125

Re: How much (green) cash at home for emergency ?

...My question is: how much cash should I have to evacuate and reside in a safe area for 2 months or longer? Is $10,000 green cash hidden on the premises reasonable ?... It largely depends on what you wouldn't mind losing if disaster (fire/flood/theft/etc) hits your home before you get to the cash ...
by 123
Sun Jun 17, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security advice needed
Replies: 28
Views: 1885

Re: Social Security advice needed

Typically if you delay taking SSA benefits till age 66 (FRA) versus age 62 it takes about 12 years before you would "lose out" in terms of total benefits received. So if the average person starts at age 62 they will be ahead of the game until age 78 in terms of total benefits received (ignoring the ...
by 123
Sun Jun 17, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1675

Re: Schwab Independent Franchise

An article last year https://www.fa-mag.com/news/schwab-to-ramp-up-franchise-branch-program-34918.html?section=3 talked about a couple of Schwab Franchise branches. When I checked the population of the cities they were located in it seemed that they were all in cities with a population under 250,000...
by 123
Sun Jun 17, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: IRA concerns
Replies: 29
Views: 973

Re: IRA concerns

Conservative? Consider a Vanguard LifeStrategy fund -- ER 0.14% See: https://investor.vanguard.com/mutual-funds/lifestrategy/#/?WT.srch=1&cmpgn=PS:RE +1 One of the LifeStrategy funds can work for a lot of investors. After following a basic 3 or 4 fund model in our retirement accounts for a number o...
by 123
Sun Jun 17, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 127
Views: 5636

Re: Which Supermarket are you?

In California we primarily use Safeway, Smart & Final, and Trader Joe's. We do some grocery shopping at Costco but it averages less than 10% of our grocery expenses (primarily meats and fish).
by 123
Sun Jun 17, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1675

Re: Schwab Independent Franchise

Schwab has independent franchises??? When did that start? Is an independent franchise a person or an entire brick-and-mortar office? I recently opened an account with Schwab, but I sure don't want to deal with any independent franchises. Schwab has been talking about these for a couple of years. I ...
by 123
Sun Jun 17, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1675

Re: Schwab Independent Franchise

...The problem is that unbeknowst to me a Schwab Independent Franchise opened up in my area and my account is now assigned to this gentleman. He wants to meet and my research shows he is a former Edward Jones broker and even though I suspect he is quiet honest and competent but I have no desire to ...
by 123
Sat Jun 16, 2018 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: market still best option for me i think!
Replies: 4
Views: 715

Re: market still best option for me i think!

Past performance is not necessarily an indicator of future returns. More muted results could produce poorer results, say a 10% decline followed by 10 years of sub 1% gains or declines. Not out of the realm of reason.
by 123
Fri Jun 15, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Back to Treasurys...
Replies: 17
Views: 1976

Re: Back to Treasurys...

For me the sweet spot on Treasury yield is 12 months. So I've been setting up automatic rollovers to achieve that. A number of years back I used the 2-year notes. It's really a matter of personal judgement of how you think the yield curve will play out and how much symmetry you want to have in your ...
by 123
Fri Jun 15, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3463

Re: Contractor - Threatening Lien/Lawsuit

Does your state require contractors to be licensed? Is he currently licensed (some contractors "forget" to renew)? Many states have online systems that let you check the status of a contractors license.
by 123
Fri Jun 15, 2018 12:27 am
Forum: Investing - Help with Personal Investments
Topic: Callable bond- maintain or take loss?
Replies: 32
Views: 1670

Re: Callable bond- maintain or take loss?

I checked the FINRA site for JP Turner and they have a substantial history of regulatory problems and "issues" https://files.brokercheck.finra.org/firm/firm_43177.pdf

It would seem that contact with FINRA might be appropriate if the OP wants guidance on any complaint process.
by 123
Thu Jun 14, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Callable bond- maintain or take loss?
Replies: 32
Views: 1670

Re: Callable bond- maintain or take loss?

It seems to me that a case could be made that the CDs were not appropriate investments for the OP because the maturity date of the CD was beyond the point at which the OP is required to take RMDs. If one wanted to raise that issue it might be possible to contact the compliance department of the brok...
by 123
Thu Jun 14, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Cash, getting to it
Replies: 8
Views: 930

Re: Cash, getting to it

In an earlier post you seemed to mention having a "Vanguard portfolio" so your issue may be related to your asset allocation. It sort of depends on how much of your total assets this $ 250K is. Is it 75%, 50%, 25%, or 10% whatever of your total investment assets? Some people might feel more comforta...
by 123
Thu Jun 14, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 10
Views: 1143

Re: Hearing aids

We have a family friend who is an "expert user" of hearing aids and has been for a very long time. She is very much into the mechanics and principles of how they work. One of the brands she really likes is Resound. From what I've heard talking to others Costco is a very good place to buy a hearing a...
by 123
Thu Jun 14, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Anyone buying Individual Short Term Treasuries?
Replies: 19
Views: 1279

Re: Anyone buying Individual Short Term Treasuries?

In taxable accounts we have moved all our fixed income positions to treasuries (3 to 12 month bills). We exited bond funds a year ago and were using shorter brokered CDs. I don't much believe in market timing but when interest rates got as low as they did I didn't see much reason to stick with them ...
by 123
Wed Jun 13, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2248

Re: Role of Annuity For Savers Who have 20+ years until Retirement

Instead of taking advantage of capital gains tax benefits in a taxable account you can buy the same things (more or less) in an annuity and pay regular income taxes on all your distributions that exceed your contribution to the annuity. You can easily double, or triple, your tax burden with an annui...
by 123
Wed Jun 13, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2544

Re: Trade-up my $89 Walmart bike

I got a Trek bike a couple of years ago, paid around $600 for it, and have been very pleased with it. One decision factor I had was whether or not to get disc brakes. I decided against disc brakes because of the higher costs to maintain/adjust/repair them. I just got the "old reliable" brakes.
by 123
Wed Jun 13, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: best way to receive large sum of money from another country
Replies: 34
Views: 2318

Re: best way to receive large sum of money from another country

A "large" Canadian bank should be able to wire USD to a US bank. Large banks typically offer international services and are able to wire funds in a number of currencies. The receiving bank in the US can only normally deposit USD so if they are sent Canadian $ the receiving bank will have it converte...
by 123
Wed Jun 13, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Car Repair and Warranty
Replies: 11
Views: 802

Re: Car Repair and Warranty

On relatively small non-recall warranty repairs (maybe under $500) I've gotten the impression that dealers may not want to bother with the paperwork to have the manufacturer cover it. So you end up paying, but if you complain to the manufacturer then you get your repair money back. It's just easier ...
by 123
Wed Jun 13, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: Buy LEAPS vs stocks
Replies: 7
Views: 767

Re: Buy LEAPS vs stocks

Sometimes I've bought LEAPS on stocks as a novelty with a small portion of my "play money". I don't think I've ever paid more than $2 a share for them. I always bought the most far out LEAP available. They can be a cheap way to be involved in individual issues without risking a whole lot, though the...
by 123
Wed Jun 13, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: For Sale By Owner (FSBO) purchase - how much discount can I expect?
Replies: 22
Views: 1605

Re: For Sale By Owner (FSBO) purchase - how much discount can I expect?

What is a reasonable percentage discount to expect on a home purchased directly from the owner, compared the realtor-brokered price? ... Discount? Discount? What part of the country is this property in? In the San Francisco Bay Area the initial "price" is just the starting point. In the Bay Area th...
by 123
Tue Jun 12, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 68
Views: 6247

Re: Taking $1M+ Long Term Capital Gains

If I were you I'd be kicking my heels high because the gains all happened in taxable investments instead of a retirement account with so much higher tax rates.
by 123
Mon Jun 11, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Employer 401K to Vanguard- Questions on RMD Strategy
Replies: 6
Views: 399

Re: Moving Employer 401K to Vanguard- Questions on RMD Strategy

The Vanguard automated RMD service is something to consider. I have an inherited Traditional IRA that is 100% in Vanguard Total Stock Market Fund and the Vanguard automatic RMD service handles it just fine. From what I recall they had options that allowed automatically taking distributions from 1 fu...
by 123
Mon Jun 11, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: death certificates...hospice and 911
Replies: 32
Views: 2889

Re: death certificates...hospice and 911

Generally, the entity handling the body, funeral home/crematorium, is responsible for preparation of the death certificate and filing it with the county/state. They are motivated to prepare it because in most jurisdictions, they cannot bury or cremate a body, until a death certificate, is establishe...
by 123
Mon Jun 11, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Callable bond- maintain or take loss?
Replies: 32
Views: 1670

Re: Callable bond- maintain or take loss?

After scratching my head for awhile over these CDs it sounds like they might be zero coupon CDs. With zero coupon CDs you buy them at a discount and then at maturity you collect the face value of the CD. If there are changes in interest rates along the way the current value of the CD can vary quite ...
by 123
Mon Jun 11, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 55
Views: 4061

Re: Water heater installation situation

One house I lived in (which was built in the 1940's) had the water heater installed on top of a 4 foot high cabinet in the back porch (the ceiling had a cut-out so the top of the water heater was up in the rafters). It didn't dawn on me till now how unusual that was. It was in a desert area, no risk...
by 123
Mon Jun 11, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3238

Re: How to convince my co-worker to invest more?

Wellfleet wrote:
Mon Jun 11, 2018 10:45 am
I think the consensus around here is to give them a copy of If You Can, and then never talk about it again.
+1 Well said.
by 123
Mon Jun 11, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Divorce and spousal Roth IRA question
Replies: 4
Views: 450

Re: Divorce and spousal Roth IRA question

Your spouse needs to contact TD Ameritrade and have the IRA contribution for 2018 withdrawn. I would suspect that they will only withdraw it based on contact with the account holder and issue a refund only to the account holder (though I know they will take contributions with a check or payment from...
by 123
Sun Jun 10, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Can we discuss whisk?
Replies: 29
Views: 2875

Re: Can we discuss whisks?

Bogleheads really know how to cause a stir.
by 123
Sun Jun 10, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads' College Philosophy question
Replies: 68
Views: 3563

Re: Bogleheads' College Philosophy question

College costs can be significantly reduced if the student attends a junior college/community college the first two year. The student can get most of their general education requirements out of the way and likely get as much out of the general education classes as if they had taken them at a 4-year s...