Search found 1198 matches

by feh
Thu Jun 21, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 170
Views: 11574

Re: What is/ was your career and would you recommend it now?

bert09 wrote:
Thu Jun 21, 2018 10:21 am
Software engineer - I would absolutely recommend it.
+1
by feh
Tue Jun 19, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Carpet Installers- Tipping?
Replies: 22
Views: 1470

Re: Carpet Installers- Tipping?

Nope.

Perhaps such tipping is more common in large cities or on the coasts? AFAIK, not something that happens here in the Midwest.
by feh
Fri Jun 08, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4278

Re: How much to budget for a week long vacation for 2?

As noted in the OP I am looking for what people are using in their retirement budgeting/planning. Obviously this is not the value of any specific trip but a generic average to be used for ballparking. Looking for answers from people have included this item in budgeting for retirement expenses, whic...
by feh
Fri Jun 08, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: M* portfolio tracker - no May dividends
Replies: 3
Views: 405

Re: M* portfolio tracker - no May dividends

Dividends appeared today. Don't know why they were delayed.
by feh
Thu Jun 07, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: M* portfolio tracker - no May dividends
Replies: 3
Views: 405

M* portfolio tracker - no May dividends

Hello folks.

I use the "Modify -> Your Transactions" menu in the M* portfolio tracker to record my dividends & cap gains. The divs have always been promptly posted in the past, but the May divs have yet to appear.

Anybody else having the same issue?
by feh
Thu Jun 07, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15584

Re: Top Shelf Liquor Overrated?

I'm surprised I didn't see this thread earlier. 42 years of retail "adult beverage" experience here, mainly in wine but I've also sampled enough liquor to have a professional opinion. I've always tried to get the best quality for the money instead of the very very best. This translates into 95% qua...
by feh
Thu Jun 07, 2018 6:31 am
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3378

Re: Upgrade to SSD for 5-year old desktop?

mmmodem wrote:
Thu Jun 07, 2018 6:18 am
By and large computers are replaced because they are too slow not because of component failure. I'd save the $100 to go into your next purchase.
+1

The current setup is more than fast enough, and the hard drive is backed up regularly. Exactly what is the investment in the SSD providing?
by feh
Wed Jun 06, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15584

Re: Top Shelf Liquor Overrated?

I always buy middle shelf instead of top shelf. Half the price and equally (or at least almost) as good.

People with really refined palates may be able to appreciate the difference, but even then, you have to ask if it's worth the increased cost.
by feh
Wed Jun 06, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3378

Re: Upgrade to SSD for 5-year old desktop?

Other than boot time it's not that noticeable for basic usage (web browsing, music player). If you're only using that much storage though it's probably worth it. Large SSD's are quite a bit more expensive so a hybrid drive makes sense with the OS on the SSD and the majority of files on the spinning...
by feh
Tue Jun 05, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2909

Re: what to do if win some lottery money

FYI - the ticket was redeemed today. For such lucky folks in the future, both federal and state taxes were withheld. The winner will receive a W2-G (gambling income) at the end of the year.

For a prize of this size, no attorney was deemed necessary.
by feh
Mon Jun 04, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2909

Re: what to do if win some lottery money

Nothing Thai I can think of. Isn’t estimated tax withheld? Gill Yes. I've done some googling, and 25% will be kept when the ticket is cashed. FWIW - in the given state, the winner does not have the option of remaining anonymous. I wonder if a prize of this size will attract scammers or financial ad...
by feh
Mon Jun 04, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2909

what to do if win some lottery money

Let's say a person won $50K on a lottery ticket. What steps need to be taken?

I don't see any reason to talk with an attorney. Is there?

Other than setting aside a portion for the taxes that will be collected and cashing the ticket, what needs to be done?
by feh
Fri Jun 01, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: 5% prepaid Visa cards: Insight?
Replies: 6
Views: 1239

Re: 5% prepaid Visa cards: Insight?

Received email today from Insight that they are closing the savings account associated with these cards on July 1st.

AFAIK, all the savings accounts for similar prepaid cards have a limit of $1000. No longer worth the trouble, IMO.
by feh
Thu May 31, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 51
Views: 3811

Re: 13-year old Civic. Replace, or keep sinking money into it?

13 years old and 170K miles? I'd say you got your money's worth; time to move on.
by feh
Thu May 31, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: obtainable credit card for teen?
Replies: 8
Views: 510

obtainable credit card for teen?

My son is interested in getting his first CC. He is 18 and will be starting college this fall. He works part time.

Is there a company that tends to be willing to provide no fee CCs to people without a credit history?
by feh
Wed May 30, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8467

Re: Can we retire in 2018?

Some good responses. But why would someone retire young and only live off of 50% or less of there income. Why not work longer and secure the 70-80% that will help secure a good retirement income. Because: - some people are perfectly content w/ a lifestyle provided by 50% of their working years inco...
by feh
Tue May 29, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8467

Re: Can we retire in 2018?

OP - you're looking at 35, maybe 40 years of retirement. I'd say you want your spend rate to be slightly above 3%, but not much. Given you didn't take health insurance into account, you aren't there yet. You're ignoring Social Security. They are going to get $60k a year just from that ($40k for hus...
by feh
Tue May 29, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435983

Re: U.S. stocks in freefall

Holy cow - the yield on US treasuries (both 2 year and 10 year) fell about 15 basis points today.

https://www.marketwatch.com/story/treas ... 2018-05-29
by feh
Tue May 29, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing retirement contributions?
Replies: 31
Views: 3460

Re: What to do after maxing retirement contributions?

I max out my HSA, solo 401k and backdoor Roth with VTI 60%/VXUS 40% each year first. Then, I just load my taxable account with 100% VTI since its the most tax efficient of the two funds I purchase. Outside of these investments, I have an emergency fund in cash. I'm the same age range as you. Also i...
by feh
Tue May 29, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8467

Re: Can we retire in 2018?

I would not retire now if your expenses will be $70K+, healthcare is expensive. Go into marketplace and price it, you'll see it can easily cost $20K for a married couple. Do you have to retire now - is there a disability or something else driving this thought of retiring? +1 OP - you're looking at ...
by feh
Tue May 22, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buy an old farmhouse?
Replies: 52
Views: 5053

Re: Buy an old farmhouse?

Houses that old can be full of hidden problems. +1 This was my first thought. I would find an online forum of folks that live in such homes and ask those with experience what to expect. Friends of ours always wanted an old farmhouse, and bought one on 10 acres about 10 years ago. It's been one proj...
by feh
Tue May 22, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA contributions during semi-retirement?
Replies: 14
Views: 768

Re: Roth IRA contributions during semi-retirement?

A440 wrote:
Tue May 22, 2018 7:28 am
I'm curious if those who semi-retire before age 59 1/2 and still earn a salary, do you still contribute to your Roth IRA?
Yes.
by feh
Thu Apr 26, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Is there any app/software that neatly tells you daily gains/losses?
Replies: 19
Views: 1835

Re: Is there any app/software that neatly tells you daily gains/losses?

I've used all 3 of these, each of which are previously mentioned:

M*
Personal Capital
Google Finance

Of the 3, I prefer M* and use it most often.
by feh
Tue Apr 17, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding realized/unrealized gains in crypto world
Replies: 33
Views: 1223

Re: Understanding realized/unrealized gains in crypto world

samsoes wrote:
Tue Apr 17, 2018 12:02 pm
I certainly hope the last few posters aren't condoning tax evasion. I believe it's still a crime, regardless if the IRS catches you or not.
+1

Plus, reporting gains is just the right thing to do.
by feh
Tue Apr 17, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding realized/unrealized gains in crypto world
Replies: 33
Views: 1223

Re: Understanding realized/unrealized gains in crypto world

This is unrelated, but all the tax consultants I reached out don't seem to know enough. I was wondering if there is any software which would import all my trade history (for crypto) and export a tax report so that I can compare it with my results. Has anyone seen/used such a thing? cointracking.info
by feh
Tue Apr 17, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1754

Re: child starting college this fall - what do I need to know & do?

Start with familiarizing yourself with the IRS information on possible tax benefits: https://www.irs.gov/newsroom/irs-reminds-parents-students-to-explore-education-resources-on-irsgov Please confirm - looking at that page, you can claim only the AOTC or the Lifetime Learner Credit, but not both. Co...
by feh
Mon Apr 16, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1754

Re: child starting college this fall - what do I need to know & do?

SimonJester wrote:
Mon Apr 16, 2018 4:12 pm

Have you filled out the FAFSA? You mentioned you did not plan on any financial aid, however many school require you to still fill out the FAFSA.
Yup, we completed the FAFSA, even though we knew we weren't gonna get anything.
by feh
Mon Apr 16, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1754

Re: child starting college this fall - what do I need to know & do?

Start with familiarizing yourself with the IRS information on possible tax benefits: https://www.irs.gov/newsroom/irs-reminds-parents-students-to-explore-education-resources-on-irsgov For me, the American Opportunity Tax Credit was the biggest thing to consider. For the first 4 years, I needed to n...
by feh
Mon Apr 16, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1754

child starting college this fall - what do I need to know & do?

Hello folks. My son has decided where to attend. His parents will be paying the full cost (4 years estimated to be $100K). He's our only child, so I'm wondering if there are any resources online that would help us with the financial aspects of attendance. As in, a check list, or topics to consider. ...
by feh
Thu Apr 12, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 263
Views: 35138

Re: 2-year CDs at Vanguard and Fidelity Today

Understood. What I did was in the middle. I sold half of my FSITX position and put 25% into a 2yr CD (2.65%) and 25% into a 3yr CD (2.85%). I'll continue to put money into FSITX via my 401k auto contributions and then look at what the curve looks like in 2-3yrs and either re-roll a CD or move back ...
by feh
Thu Apr 12, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 6301

Re: Could you support family on 1 income?

jehovasfitness wrote:
Thu Apr 12, 2018 11:42 am
But for those in a dual-income household could you?
Yes.

My spouse works at the moment, but stayed home w/ our son for the first 12 years of his life. However, my profession provides a fairly high salary (relative to the average American), and we don't live in a HCOL area.
by feh
Thu Apr 12, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 263
Views: 35138

Re: 2-year CDs at Vanguard and Fidelity Today

Question for the experts. I have my 401k and RIRAs all sitting in FSITX (Fidelity Total Intermediate Bond). It currently has a 30d yield of 2.96% and a duration of close to six years. I was thinking about moving all of it into 2yr/3yr CDs. I'd lose ~30bps across the transaction but lower my duratio...
by feh
Fri Apr 06, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 263
Views: 35138

Re: 2-year CDs at Vanguard and Fidelity Today

You can get your short-term bond fund SEC yield into the CD ballpark by taking some credit risk in a short-term corporate or investment-grade fund, and that's fine, but the risk-adjusted return of the CD is better by definition, since you aren't taking any credit risk to get the higher yield. I rec...
by feh
Fri Apr 06, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 4357

Re: Undecided students and STEM majors

Both UCSD and UCSB admissions departments told me that there are size constraints on the number of students admitted to certain majors (chiefly engineering, CS, some physical sciences). So if you come in undeclared you may not get the desired major once you figure that out. At UCSB the admissions o...
by feh
Fri Apr 06, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 263
Views: 35138

Re: 2-year CDs at Vanguard and Fidelity Today

Yeah, I haven't seen anything all that attractive in brokered CDs lately relative to treasuries. In the past I've been able to get more substantial yield premiums that I can now. +1 I have a fair amount of money in a CD that matures in 6 months. If conditions are the same then as they are now, I'll...
by feh
Fri Apr 06, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Are we in bear territory?
Replies: 49
Views: 6284

Re: Are we in bear territory?

TravelforFun wrote:
Fri Apr 06, 2018 4:59 pm
Would like to know what those who retired within the last couple of years think. Is this the sequence-of-return risk retirees are fearful of?
The S&P 500 returned 19% last year, and it's down 2.5% so far this year.

I would think recent retirees should be quite happy.
by feh
Tue Apr 03, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 10232

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

telecaster wrote:
Sat Mar 31, 2018 6:08 am
This just means we switch to different "quantum proof" encryption algorithms though and start the game over.
+1

Quantum computing will not be the end of all encryption techniques.
by feh
Thu Mar 29, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 624
Views: 68804

Re: Picking College and College Scholarships

timmy wrote:
Thu Mar 29, 2018 8:16 am
In terms of Stanford, because it is not a real option yet, it is hard to put a premium on it. Is it worth $10k per year more than the other schools. $20k? $30k?
No. Not when your other choices are excellent schools.
by feh
Tue Mar 27, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 7064

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

willthrill81 wrote:
Tue Mar 27, 2018 4:17 pm
They think that your child getting a benefit is morally equivalent to you getting it.
The child will be attending the same school in either case. The benefit, in the form of less taxation or fewer shares sold, is going to the parent.
by feh
Tue Mar 27, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 7064

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

Obviously, my opinion only... If there is an expectation that the gift will someday (whether next month or 10 years from now) come back to benefit you or your dependents, it is unethical. If I were to gift my son $15k for college tuition with the expectation that he pay me back someday or take care...
by feh
Tue Mar 27, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 7064

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

juno818 wrote:
Tue Mar 27, 2018 2:45 pm
Is this tax evasion or tax avoidance? Still unethical?
Obviously, my opinion only...

If there is an expectation that the gift will someday (whether next month or 10 years from now) come back to benefit you or your dependents, it is unethical.
by feh
Tue Mar 27, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 7064

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

Afty wrote:
Mon Mar 26, 2018 11:46 am
Look at the title of this thread: "Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition." It's pretty clear why the gifting is being done.
+1

Is it illegal? I don't know...but it's unethical, IMO.
by feh
Thu Mar 22, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Building a bridge to Social Security: When to start?
Replies: 34
Views: 4192

Re: Building a bridge to Social Security: When to start?

So, if retiring with $1 million at 65, and given Social Security at age 70 of $30k/year: Transfer 5 years x $30k from the portfolio to the bridge account, leaving $850,000. This generates a 4% SWR of $34,000, which added to $30,000/year from the bridge account provides annual income of $64,000 a ye...
by feh
Thu Mar 22, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: When it comes to financial goals, define short term, medium term and long term?
Replies: 20
Views: 1352

Re: When it comes to financial goals, define short term, medium term and long term?

alex_686 wrote:
Wed Mar 21, 2018 8:58 am
Short term is 2 years or less. Long term is anything longer than 10. Anything else is medium term.
+1

Those are the numbers that came to mind when I read the OP. I'll also go out on a limb and say:

short term: CDs, savings accounts
medium: total bond, CDs
long: equities
by feh
Wed Mar 21, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 213
Views: 35676

Re: guaranteed 5% vs stocks?

Thanks! The name is the same on both accounts. Tried to do it from my saving account, into my insight card. And then tried to do my husband's savings account, into his insight card. Both Amex saving account didn't work. My daughter funded two cards of her insight cards from Amex savings, went throu...
by feh
Wed Mar 21, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 213
Views: 35676

Re: guaranteed 5% vs stocks?

Anyone having trouble funding their insight accounts? I'm trying to do it will amex savings account but the test deposits don't appear in the insight account. Also, if I fund it with paypal, how do I withdraw the money down the road with I need it. Make sure the names on the both accounts (where th...
by feh
Mon Mar 19, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Is this tax loss harvesting?
Replies: 15
Views: 1596

Re: Is this tax loss harvesting?

Index investors can most certainly take advantage of TLH. Some examples: for foreign equities, purchase something that follows a different index for US equities, replace total market w/ S&P 500 plus the Russell index In either of these cases, the replacement is substantially different, but the perfo...
by feh
Sun Mar 18, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: how to approach downsizing/relocating
Replies: 19
Views: 1944

Re: how to approach downsizing/relocating

Thanks for the replies thus far everybody.

Do folks seem to agree that for getting information on these communities our best bet is online forums? Our initial question is whether we'd want to work with somebody if we visit the area for a few days, or if we should just explore by ourselves.
by feh
Sun Mar 18, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: how to approach downsizing/relocating
Replies: 19
Views: 1944

how to approach downsizing/relocating

Hello folks. If somebody could point me to another forum where this kind of question is the focus, I'd appreciate it. However, I thought I'd post here first, as I trust the boglehead community... My wife and I will be empty nesters before long, and we are looking to move several states away (to Colo...
by feh
Wed Mar 14, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: Is this tax loss harvesting?
Replies: 15
Views: 1596

Re: Is this tax loss harvesting?

Suppose I bought 100 shares each worth $10. I kept it for a few years and it appreciated to $12. I now sell enough stocks to get my principle amount back. Let's say 84 shares sold at 12 which gives me my initial investment and then some. $1008. I now hold the rest of the shares for an year or so bu...