Search found 1208 matches

by sergeant
Wed Nov 20, 2019 12:25 am
Forum: Personal Investments
Topic: Investment Ideas
Replies: 82
Views: 5158

Re: Investment Ideas

+1 on horrible idea.
by sergeant
Mon Nov 18, 2019 9:33 pm
Forum: Personal Investments
Topic: Moving $380K in individual stocks to index fund
Replies: 60
Views: 3397

Re: Moving $380K in individual stocks to index fund

I would transition over at least 2 years. Start with your smaller positions. Good job in not getting stuck in an emotional state with inherited stocks. Many can't part with stocks given by deceased relatives.
by sergeant
Mon Nov 18, 2019 9:21 pm
Forum: Personal Investments
Topic: Moving $380K in individual stocks to index fund
Replies: 60
Views: 3397

Re: Moving $380K in individual stocks to index fund

Please check your numbers. Do you have 65k in gains or owe 65k in taxes on those gains. There is a huge difference.
by sergeant
Tue Oct 15, 2019 7:18 pm
Forum: Personal Investments
Topic: MassMutual Fixed Account Confusion
Replies: 4
Views: 315

Re: MassMutual Fixed Account Confusion

My 457b switched to MM but their fees are very reasonable and the SV has a 4.1% guarantee. I have read here about similar provisions and remember someone taking a haircut when their provider switched. Could you just switch over to an index fund when you find out that your company is switching provid...
by sergeant
Tue Oct 15, 2019 4:09 pm
Forum: Personal Investments
Topic: Confused newbie
Replies: 14
Views: 1270

Re: Confused newbie

Using either Vanguard Total Market or S&P 500 returns as a benchmark to compare, it appears that I am grossly underperforming. I am willing to tolerate some losses as the market moves as long as I move to the upside as does the overall market. I feel like I need a new advisor but I don't want to ge...
by sergeant
Tue Oct 15, 2019 4:03 pm
Forum: Personal Investments
Topic: Seeking advice on exchanging Vanguard TD Fund 2030 to TD 2035
Replies: 4
Views: 557

Re: Seeking advice on exchanging Vanguard TD Fund 2030 to TD 2035

Thanks. I DID realize there were no tax implications. I should have written that. I'm mostly wondering if there are any other implications that I haven't considered. I'm a little afraid to pull the trigger until I've had some more input on this, or advice from someone who's already done such an exc...
by sergeant
Tue Oct 15, 2019 3:54 pm
Forum: Personal Investments
Topic: Confused newbie
Replies: 14
Views: 1270

Re: Confused newbie

This question was asked a few weeks ago. Check the search function.

Edit: It was asked by you!
by sergeant
Tue Oct 15, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5290

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

Hi Everyone, My wife and I, (mostly my wife) decided we should use the cash to prepay the mortgage and have the guaranteed return. Over 20 years (loan term) it'll shave off a year of payments and about $17k in interest. Thanks for the comments/advice Your math is way off! But hey, if this is how yo...
by sergeant
Mon Oct 14, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5290

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

Hi Everyone, My wife and I, (mostly my wife) decided we should use the cash to prepay the mortgage and have the guaranteed return. Over 20 years (loan term) it'll shave off a year of payments and about $17k in interest. Thanks for the comments/advice You are incorrect. You will have to pay off the ...
by sergeant
Mon Oct 14, 2019 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5290

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

Hi Everyone, My wife and I, (mostly my wife) decided we should use the cash to prepay the mortgage and have the guaranteed return. Over 20 years (loan term) it'll shave off a year of payments and about $17k in interest. Thanks for the comments/advice Please show the math on your 17k interest saving...
by sergeant
Mon Oct 14, 2019 2:19 pm
Forum: Personal Investments
Topic: Moving from Target Date funds to Individual Funds/Admiral Shares
Replies: 17
Views: 1331

Re: Moving from Target Date funds to Individual Funds/Admiral Shares

I'm doing the opposite. I have been switching from individual funds to TD funds. These changes have been in our Traditional and Roth IRA's. I'm paying slightly more for the simplicity. It will be far easier for my wife when/if she takes over our finances. I also tend to tweak my portfolio and being ...
by sergeant
Sun Oct 13, 2019 7:34 pm
Forum: Personal Investments
Topic: Fine Art Investments
Replies: 77
Views: 4357

Re: Fine Art Investments

I worked a case involving a fellow named Tony Tetro. I learned his forgeries were in collections all over the world and even some museums. I would never invest in art. Tony was a nice guy.
by sergeant
Sun Oct 13, 2019 6:32 pm
Forum: Personal Investments
Topic: What’s the point of a taxable account?
Replies: 62
Views: 6833

Re: What’s the point of a taxable account?

The point of my taxable account was to be an emergency fund. The account ended up paying for my two children to attend college, paying off our home 10 years early, paying taxes on Roth conversions, and is a vehicle to fund a second home when we find one. Most importantly it was FU money when ordered...
by sergeant
Sun Oct 13, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I invest in a ski in / ski out condo?
Replies: 50
Views: 5316

Re: Should I invest in a ski in / ski out condo?

I wouldn't do it. I like renting my vacations. And please don't buy a timeshare instead.
by sergeant
Sun Oct 13, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout - which option?
Replies: 14
Views: 1695

Re: GE Pension Buyout - which option?

Absent serious medical problems option C is the clear winner. Good luck.
by sergeant
Sat Oct 12, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5290

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

No meat on the bones or more plainly seems like way too much bother for very little reward. I wouldn't do it.
by sergeant
Fri Oct 11, 2019 6:57 pm
Forum: Personal Consumer Issues
Topic: When is private (elementary) school worth it?
Replies: 100
Views: 7817

Re: When is private (elementary) school worth it?

School deemed me gifted in 2nd grade and wanted to move me up a grade. My dad refused as he thought it would harm me in athletic competition. I'm happy with the results. I think I was advanced but most of the other kids ended up catching (passing) me eventually. In my area public schools are superio...
by sergeant
Thu Oct 10, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout
Replies: 83
Views: 11399

Re: GE Pension Buyout

I assume if GE sees it has retires and pensioners accepting the lumpsump with the current calculation, why would they offer better later? Has any company ever offered a "sweeter" deal, doesn't it getter more "bitter" in subsequent iteration for buyouts? Is the thinking that if GE turnaround does ta...
by sergeant
Wed Oct 09, 2019 9:25 pm
Forum: Personal Consumer Issues
Topic: Recourse for "Stolen" Money
Replies: 93
Views: 8026

Re: Recourse for "Stolen" Money

Next time use paypal. Next time meet the guy in person and give him the money after he hands you the tickets. Next time meet the guy in person, in the police department lobby, and give him the money after he hands you the tickets. Which could easily be fake :) I was the station Watch Commander the ...
by sergeant
Wed Oct 09, 2019 4:46 pm
Forum: Personal Investments
Topic: Employer switching to higher fee 401k admin. What would you do?
Replies: 46
Views: 3455

Re: Employer switching to higher fee 401k admin. What would you do?

My DW's 457b is with VOYA. They have low-cost Vanguard funds and the admin fees are reasonable. My 457b provider changed from ICMA-RC to MassMutual. I got all wound up expecting high fees and poor choices. Fees were reduced by more than 50% and there are far more choices, many of them Vanguard funds...
by sergeant
Fri Oct 04, 2019 9:54 pm
Forum: Personal Consumer Issues
Topic: Recourse for "Stolen" Money
Replies: 93
Views: 8026

Re: Recourse for "Stolen" Money

mptfan wrote:
Wed Oct 02, 2019 1:34 pm
oldfatguy wrote:
Wed Oct 02, 2019 1:33 pm
Next time use paypal.
Next time meet the guy in person and give him the money after he hands you the tickets.
Next time meet the guy in person, in the police department lobby, and give him the money after he hands you the tickets.
by sergeant
Fri Oct 04, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 431
Views: 62559

Re: Losing a job in your 50's...

Good update. Glad you two are able to work together to be successful.
by sergeant
Fri Oct 04, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 372
Views: 64384

Re: Bonds - Throw it all on the table!!!

A few months ago we couldn't envision a scenario in which U.S. interest rates would fall either. There were so many posts here that rates couldn't go lower, etc. etc. Incredible how much rates have moved in a short period of time. A few months? I've been thinking rates can't possibly go lower for a...
by sergeant
Fri Oct 04, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: Variable annuities
Replies: 11
Views: 1278

Re: Variable annuities

ashifiqbal149 wrote:
Thu Oct 03, 2019 12:01 am
Thoughts on variable annuities with an income preservation rider??
Are you selling or buying?
by sergeant
Thu Oct 03, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: Mortgage rates what would you choose
Replies: 23
Views: 1804

Re: Mortgage rates what would you choose

How do you figure your odds of moving are 50% in 9/12 years? Seems strange to me. You say you will pay it off in 18 years but are also planning on moving well before that.

Go with the 30. I wouldn't want to rely on bonuses to make my house payments.
by sergeant
Thu Oct 03, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 8002

Re: Daddy I'm engaged! Pre-nup?

Not being rude but your modest estate won't be attracting any gold diggers. Stay out of it.
by sergeant
Wed Oct 02, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Wedding Finances-Today
Replies: 107
Views: 8459

Re: Wedding Finances-Today

If either DD or DS get married they will get a check for 20k. We will have nothing to do with the planning. They can figure it out. I'm sure DS will spend far less than the 20k. The daughter of a friend got married a few months ago. He gave her a 25k budget. She spent 53k. Her mother tossed in 25k t...
by sergeant
Wed Oct 02, 2019 4:40 pm
Forum: Personal Investments
Topic: Moving from 3 fund to Target Fund...does this seem foolish?
Replies: 10
Views: 1766

Re: Moving from 3 fund to Target Fund...does this seem foolish?

Not foolish at all. I suspect you will be much better off sticking with the TDF that mimics your desired AA. Our Roth accounts are in TDF's (2020) as are our Traditional IRA's (2030) through Vanguard. We don't hold TDF's in taxable due to tax reasons nor in our 457b accounts as we like our stable va...
by sergeant
Wed Sep 25, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help with pension choices
Replies: 36
Views: 2770

Re: Help with pension choices

You state CalPers is 71% funded, what really matters is what the funding level of your plan happens to be. CalPers is not one plan, it is an administrator of hundreds of plans. My plan is 83% funded. I retired with a Calpers pension 3 years ago. I spent years deciding and met with several profession...
by sergeant
Sat Sep 21, 2019 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Overpaid for my house, next options?
Replies: 53
Views: 8970

Re: Overpaid for my house, next options?

Housing is softening in the SF bay area?
by sergeant
Sat Sep 21, 2019 10:09 pm
Forum: Personal Investments
Topic: Need help grading my "Fee Only" provider
Replies: 59
Views: 4924

Re: Need help grading my "Fee Only" provider

Others are helping you towards a simpler more profitable portfolio. I just want to know if you actually fired the financial salesbag?
by sergeant
Thu Sep 19, 2019 5:48 pm
Forum: Personal Investments
Topic: Downsides to leaving fixed-income allocation in cash?
Replies: 68
Views: 4482

Re: Downsides to leaving fixed-income allocation in cash?

My stable value fund guarantees 4.1%. A big chunk of our fixed income is in it. I feel pretty good having a guaranteed 4.1%. It had been at 4.75% the first few months of the year.
by sergeant
Wed Sep 18, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Helping elderly parents manage finances - pros and cons
Replies: 62
Views: 5239

Re: Helping elderly parents manage finances - pros and cons

OP, good you realized your limitations and took steps to relieve the pressure. My MIL started something similar a few years back. For two decades I had repaired her home and helped her with her finances. Her finances were mostly separate from my FIL. A few months after my FIL passed my MIL became co...
by sergeant
Wed Sep 18, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: What do you think about Dan Wiener
Replies: 82
Views: 5970

Re: What do you think about Dan Wiener

This is how I read it. Using different Vanguard fund he will triple my money in comparison to just using basic index funds. Don't just read the title, read the whole thing. I don't know how else I can say it. That is why we are different people and may see things differently. There is nothing wrong...
by sergeant
Tue Sep 17, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Managing joint finances when one is a perfectionist
Replies: 122
Views: 8274

Re: Managing joint finances when one is a perfectionist

Probably the only thing to do in this situation is to take over the finances completely and be his “finance mom”. If he has any interest at all in this type of arrangement, run the other way. Why? I run the household investments/finances (male), as I am sure many do. What would you do if your wife ...
by sergeant
Tue Sep 17, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 30202

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

OP, good show! We take/took every advantage possible in maximizing retirement accounts and lowering our taxes through the years. DW retires in two weeks and I retired a few years ago. Keep doing what works for you and your family. My wife went part-time for 6 years when the kids were young. She defe...
by sergeant
Tue Sep 17, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: I know you shouldn't try to time the market but what about the "housing market"?
Replies: 16
Views: 2251

Re: I know you shouldn't try to time the market but what about the "housing market"?

I don't think waiting for the price to drop for something you don't need is such a bad thing. Under your given circumstances I would definitely wait. We are in the market for a retirement home on the coast. We have been looking for a few years. We have only found a few homes that meet our requiremen...
by sergeant
Mon Sep 16, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why does my mom need a home appraisal?
Replies: 26
Views: 2454

Re: Why does my mom need a home appraisal?

Absent big remodels, under Prop 13, you and your dad's CA property taxes surely increased by the same percentage. Yes - my % was the same has his - but % of 650K - in a few years was 750K - so really no real win for me. My house was worth perhaps 799 at the time. It may help now - that my old house...
by sergeant
Mon Sep 16, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why does my mom need a home appraisal?
Replies: 26
Views: 2454

Re: Why does my mom need a home appraisal?

Not sure what you mean about prop13 not helping you?

Home appraisals are generally for loan purposes. Is it possible your brothers are taking a loan on the house? Reverse mortgages also require an appraisal. The appraisal will have nothing to do with changing title with the county.
by sergeant
Mon Sep 16, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: Is the 60/40 portfolio allocation strategy being killed?
Replies: 142
Views: 15673

Re: Is the 60/40 portfolio allocation strategy being killed?

Pulse and other vital signs seem strong to me. I'm at 40/60 gliding to 60/40 over the next decade or so.
by sergeant
Fri Sep 13, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 6464

Re: Whistleblowing / Going Rogue at Work

You're not a whistleblower, you are a malcontent that will be fired when found out. Don't take the meeting and quit sending "secret" communications to those not in your chain of command. Do let us know what you decide.
by sergeant
Thu Sep 12, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage refi - pull cash out?
Replies: 25
Views: 2018

Re: Mortgage refi - pull cash out?

I wouldn't do it but if you do decide to try this please update this thread with the results. We were in the process of buying a home about 17 months ago. I was sure interest rates were headed up and seriously thought about doing something similar. I had planned on financing about 750k instead of ju...
by sergeant
Sat Sep 07, 2019 5:54 pm
Forum: Investing - Theory, News & General
Topic: Episode 013: Bogleheads on Investing - guest Dr. Bill Bernstein, host Rick Ferri
Replies: 36
Views: 5201

Re: Episode 013: Bogleheads on Investing - guest Dr. Bill Bernstein, host Rick Ferri

I listened to the entire podcast and enjoyed it. I have always kept my FI in the totally safe area of SV funds, MM, CD's, and short duration bonds. Lately I have been wavering as the LTT folks have a good argument for being long. Bill has me back in my original mindset. I will take my chances with ...
by sergeant
Fri Sep 06, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: Episode 013: Bogleheads on Investing - guest Dr. Bill Bernstein, host Rick Ferri
Replies: 36
Views: 5201

Re: Episode 013: Bogleheads on Investing - guest Dr. Bill Bernstein, host Rick Ferri

I listened to the entire podcast and enjoyed it. I have always kept my FI in the totally safe area of SV funds, MM, CD's, and short duration bonds. Lately I have been wavering as the LTT folks have a good argument for being long. Bill has me back in my original mindset. I will take my chances with t...
by sergeant
Fri Sep 06, 2019 3:07 pm
Forum: Personal Investments
Topic: So...Hedgefundie
Replies: 26
Views: 3922

Re: So...Hedgefundie

For only $10K, I would just wait until January 1 and use new money. Now, if you wanted to do $100K it might be worth it to go through a transfer. :moneybag :D I had been considering this as well...may do me well to wait until next year and watch the strategy pass the "sniff test" a little longer. W...
by sergeant
Fri Sep 06, 2019 3:01 pm
Forum: Personal Investments
Topic: is 60/40 too conservative for my situation ?
Replies: 6
Views: 1081

Re: is 60/40 too conservative for my situation ?

Works for me. I have a similar amount in retirement accounts and our pensions provide way more than our expenses. We are at 40/60.
by sergeant
Wed Sep 04, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: No increase in LTC Insurance Premiums again this year
Replies: 16
Views: 1738

Re: No increase in LTC Insurance Premiums again this year

No increase here either. We have had the policies for 5 years and had one small increase (about a $100 each) a couple years ago. That's a yearly amount for the increase.
by sergeant
Wed Sep 04, 2019 1:22 pm
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2740

Re: Self insured Long Term Care Fund

I wouldn't do it the way you are going to do it but if I was I would go with Healthcare Index VHCIX in an IRA.
by sergeant
Tue Sep 03, 2019 5:05 pm
Forum: Investing - Theory, News & General
Topic: Mortgage Sequence of Returns Risk Example.
Replies: 53
Views: 3083

Re: Mortgage Sequence of Returns Risk Example.

I agree with Enjoyit. Your example is faulty.
by sergeant
Mon Sep 02, 2019 8:09 pm
Forum: Personal Investments
Topic: $1,000 a month or $180,000 Pension Question
Replies: 55
Views: 5870

Re: $1,000 a month or $180,000 Pension Question

Seems like your system is making wise choices to ensure the stability of the plan. That's a good thing for sure. I would DROP for three years and then continue working until 50. You want to retire much earlier than 50 so the math says to stay in the pension system and take the $1000 a month instead ...