Search found 1076 matches

by miamivice
Sat Feb 23, 2019 7:55 am
Forum: Investing - Theory, News & General
Topic: Does investing actually help a company ?
Replies: 26
Views: 1233

Re: Does investing actually help a company ?

I may be off, but seems like it helps drive the stock price up and that would help companies and their employees. If not, why would CEO's have so much pressure to keep the stock price up? CEOs work for the board of directors, who in turn are hired by the shareholders. If the CEO wants to keep his j...
by miamivice
Sat Feb 23, 2019 7:51 am
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 7237

Re: Beware of the Edward Jones neighborly visit.

I have called the Sheriff on well over a dozen solicitors, both religious and for-profit. I don't care what you're selling, not selling, or talking about - you're not allowed in our development. The sheriff cannot do anything about religious and political solicitors, because they are protected unde...
by miamivice
Sat Feb 23, 2019 7:49 am
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 7237

Re: Beware of the Edward Jones neighborly visit.

OP, does you mom live in a neighborhood with an HOA? And if so, are their prohibitions for door to door sales people? If yes to both, contact the HOA office and they will be able to handle the situation. If not, consider an elder care attorney to help your mom. HOAs have no control over non-residen...
by miamivice
Sat Feb 23, 2019 7:40 am
Forum: Investing - Theory, News & General
Topic: Does investing actually help a company ?
Replies: 26
Views: 1233

Re: Does investing actually help a company ?

fortyofforty wrote:
Fri Feb 22, 2019 8:56 pm
I've thought about this as well. I came to the conclusion that only the initial IPO purchase "helps" the company. Everything else is froth.
Purchases of shares directly from the company (IPO or subsequent releases of shares) help the company directly.
by miamivice
Sat Feb 23, 2019 7:39 am
Forum: Investing - Theory, News & General
Topic: Does investing actually help a company ?
Replies: 26
Views: 1233

Re: Does investing actually help a company ?

I may be off, but seems like it helps drive the stock price up and that would help companies and their employees. If not, why would CEO's have so much pressure to keep the stock price up? CEOs work for the board of directors, who in turn are hired by the shareholders. If the CEO wants to keep his j...
by miamivice
Sat Feb 23, 2019 6:16 am
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 7237

Re: Beware of the Edward Jones neighborly visit.

OP, does you mom live in a neighborhood with an HOA? And if so, are their prohibitions for door to door sales people? If yes to both, contact the HOA office and they will be able to handle the situation. If not, consider an elder care attorney to help your mom. HOAs have no control over non-residen...
by miamivice
Sat Feb 23, 2019 2:55 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

For those who said the attorney will bring a larger settlement (more than enough to cover fees), how do any of you know this is true? No one that goes through an attorney knows how much an insurance adjuster would have paid if they did not use an attorney. And no one who negotiates a settlement on t...
by miamivice
Sat Feb 23, 2019 2:50 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

I also carry underinsured and uninsured, neither which apply. That's exactly what this coverage is for. At least my policy states that one of the situations in which this coverage applies is when the liable party's insurance denies coverage. They didn't deny coverage though. They accepted 100% resp...
by miamivice
Fri Feb 22, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: Do You Tip the Folks at the Feed Store?
Replies: 22
Views: 1675

Re: Do You Tip the Folks at the Feed Store?

I propose a ban on tipping posts. Tipping is well understood in this country. We have had dozens of threads on it with the same answers to every single situation. Agreed. The fact that we constantly see tipping threads indicates how there is unamious agreement in the US who to tip as well as how mu...
by miamivice
Fri Feb 22, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Do You Tip the Folks at the Feed Store?
Replies: 22
Views: 1675

Re: Do You Tip the Folks at the Feed Store?

I am curious as to how you folks feel about tipping at your local feed store. My back is shot and I appreciate them putting the fertilizer, salt, and catfish food bags into my truck and I feel it necessary to tip them a few bucks when they load a few bags. If this is serious, and you indeed have a ...
by miamivice
Fri Feb 22, 2019 12:53 pm
Forum: Personal Consumer Issues
Topic: Do You Tip the Folks at the Feed Store?
Replies: 22
Views: 1675

Re: Do You Tip the Folks at the Feed Store?

I propose a ban on tipping posts. Tipping is well understood in this country. We have had dozens of threads on it with the same answers to every single situation. Agreed. The fact that we constantly see tipping threads indicates how there is unamious agreement in the US who to tip as well as how mu...
by miamivice
Fri Feb 22, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

Let's try to keep this thread on track. I don't see it purposeful to argue about whether or not filing with my own insurance would have been helpful. I made the decision to file against the other persons insurance rather than my own for of a variety of reasons and that decision has been made. I am ...
by miamivice
Fri Feb 22, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

Let's try to keep this thread on track. I don't see it purposeful to argue about whether or not filing with my own insurance would have been helpful. I made the decision to file against the other persons insurance rather than my own for of a variety of reasons and that decision has been made. I am a...
by miamivice
Fri Feb 22, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

What policies did she carry? We do not have personal injury protection, which is what I think may have paid your mother's claim. We only carry collision, comprehensive, and liability. None of these policies will pay bodily injury claims caused by others to my knowledge. You are correct, she was pai...
by miamivice
Fri Feb 22, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

OP, why are you not going through YOUR insurance company? Your insurance company would pay all those claims. They would then go after the other insurance company. Then, if you want pain and suffering, YOU have to go after the other insurance company for that. You are saying that our auto insurance ...
by miamivice
Fri Feb 22, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

OP, why are you not going through YOUR insurance company? Your insurance company would pay all those claims. They would then go after the other insurance company. Then, if you want pain and suffering, YOU have to go after the other insurance company for that. You are saying that our auto insurance ...
by miamivice
Fri Feb 22, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

Re: How long should a bodily injury claim take to settle?

what is the statute of limitations in your state for a lawsuit? You probably need an attorney at this point. They will be able to navigate the process, and get a better settlement than you can. It is 3 years in the state the accident occurred. The auto insurance company may be trying to apply the s...
by miamivice
Fri Feb 22, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 35
Views: 1255

How long should a bodily injury claim take to settle?

My wife was injured when she was rear ended during a rainstorm in November of 2017. The other parties insurance company accepted responsibility and paid to repair our car. She underwent treatment for many months. We have repeatedly requested settlement from the insurance company but have yet to see ...
by miamivice
Wed Feb 20, 2019 8:26 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 87
Views: 5838

Re: Do others dislike Vanguard's new website as much as me?

If you're spending more than a few minutes a month on their site, you're probably doing something wrong. All I really like to do is look at the cost basis of a couple of my accounts. And look at dividends paid year to date on my self-funded endowment fund. That way I can see how much I have to spen...
by miamivice
Wed Feb 20, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need a will/trust/etc?
Replies: 58
Views: 3344

Re: Do we need a will/trust/etc?

3. It sounds like we do not need a trust today, so that is nice. 4. At this point, I am fine with our kids having $1 million each (or whatever amount) when they turn 18. No idea what they'll do with it but I have no issues with it. They're too young to have proven themselves irresponsible. As they ...
by miamivice
Wed Feb 20, 2019 7:25 pm
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 2790

Re: Do you discuss BH philosophy with others?

Yes. I love to argue with coworkers and relatives who are choosing not to save for college, so I can try to convince them that they would do much better with a 529. They enjoy hearing about how much I have saved and how much I will not have to pay in federal income taxes. Naturally, they discuss the...
by miamivice
Wed Feb 20, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 87
Views: 5838

Re: Do others dislike Vanguard's new website as much as me?

This thread is now in the Personal Consumer Issues forum (website). OK, I'm going to be the grammar Nazi: It should read: Do others dislike Vanguard's new website as much as I? Unless you're asking whether we dislike the website as much as we dislike you. :happy Thanks, I fixed the thread title. I'...
by miamivice
Tue Feb 19, 2019 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: How much do we need in roth IRA to retire?
Replies: 8
Views: 1143

Re: How much do we need in roth IRA to retire?

turkey1234 wrote:
Tue Feb 19, 2019 7:14 pm
Oops sorry my husband is only 31 so it's 25ish years away. That's why I'm trying to figure out what our expenses wlll equal in 25-30 years. TIA
At 31, you likely have no idea what your expensive will be in retirement.
by miamivice
Tue Feb 19, 2019 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: How much do we need in roth IRA to retire?
Replies: 8
Views: 1143

Re: How much do we need in roth IRA to retire?

I am dubious about the claim that he can retire at 58 with a $6200 monthly pension. That is a huge amount, especially considering he will not be accuring a pension from 59 to 65, which are years that contribute heavily to a pension.
by miamivice
Tue Feb 19, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 87
Views: 5838

Do others dislike Vanguard's new website as much as me?

Several months ago, Vanguard had an all-weekend outage to upgrade their website. Well, I don't find their upgrade to be much of an upgrade. Information is more difficult to find and less user friendly in my opinion. I have migrated most of my portfolio viewing to my phone because I find their Vangua...
by miamivice
Tue Feb 19, 2019 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need a will/trust/etc?
Replies: 58
Views: 3344

Re: Do we need a will/trust/etc?

Thanks all. To respond to a few points: 1. We absolutely are not interested in spending money today to reduce probate costs should we die. Even if probate cost $40,000, that would mean our kids "only" inherit 1.96 million instead of 2 million. No sense to pay out money today for that purpose. (Maybe...
by miamivice
Tue Feb 19, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Do we need a will/trust/etc?
Replies: 58
Views: 3344

Re: Do we need a will/trust/etc?

I get that we need to put a will together. I am confused about a trust. Many people here suggested a trust. I didn't really see a good explanation for what a trust would do for our family? One mentioned estate taxes, but with the current estate tax limit being around $11 million, I don't think that ...
by miamivice
Tue Feb 19, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Rear ended by drunk driver
Replies: 20
Views: 2389

Re: Rear ended by drunk driver

Regarding the mild back aching, I would be sure to tell the insurance company of the situation. I was rear ended several years ago, and had similar symptoms. I was sore and walked stiff for a few days but no need to see a doctor. I explained that to the insurance company who cut me a check for $700 ...
by miamivice
Mon Feb 18, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need a will/trust/etc?
Replies: 58
Views: 3344

Do we need a will/trust/etc?

My wife and I have assets around $2 million dollars, and we have two kids both elementary school age and younger. I have a employer-provided life insurance policy worth $250,000, she has none. We are in good health. What critical documentation do we need to have? For example, I know we need a will t...
by miamivice
Mon Feb 18, 2019 4:36 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

My pretax 401k contribution - $19,000 Company matching dollars - $10,000 Spouse pretax 401k contribution $19,000 Spouse matching dollars - $5000 My posttax 401k contribution - $32,000 Spouse posttax 401k contribution - $32,000 HSA - $7000 For us, Roth IRA contributions are not applicable as our inc...
by miamivice
Sun Feb 17, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

$60k * 40 years is $2.4 million. You really believe your going to accumulate a 9 multiple in that account? You will need a combo of high equity and high returns. In my working life, have always maxed out, but met the bears of 2000, 2008/2009 and a few speed bumps of higher er funds before indexing ...
by miamivice
Sat Feb 16, 2019 10:03 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

Maxing out is an overused expression, particularly here on Bogleheads. From my calculations, it is generally unnecessary. If folks are actually doing it here, I suspect they are behind in retirement savings. Generally, from a recent thread I posted, two income families would dump $60k to $100k per ...
by miamivice
Sat Feb 16, 2019 12:58 pm
Forum: Personal Investments
Topic: 529 withdrawal what comes out first -what comes out first principle or gains
Replies: 11
Views: 719

Re: 529 withdrawal what comes out first -what comes out first principle or gains

Doesn't gift tax come into play with a generation-skipping scenario? Say parent creates account in their name for beneficiary child (1st gen). Not all funds used, retitled for 1st gen child, then beneficiary grandchild (2nd gen). At least that's how I understand, so you are capped to $15K or whatev...
by miamivice
Sat Feb 16, 2019 12:24 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

If you can get 8% and accrue 17 million dollars, why bother with timberland, and why the rush to pay off a 4% mortgage? On the one hand you say 17 million is excessive, but yet you want to buy timberland. Is timberland a hobby or something? With you $700k per year you can buy as big of a mcmansion ...
by miamivice
Sat Feb 16, 2019 12:18 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

Maxing out is an overused expression, particularly here on Bogleheads. From my calculations, it is generally unnecessary. If folks are actually doing it here, I suspect they are behind in retirement savings. Generally, from a recent thread I posted, two income families would dump $60k to $100k per ...
by miamivice
Sat Feb 16, 2019 12:15 pm
Forum: Personal Investments
Topic: 529 withdrawal what comes out first -what comes out first principle or gains
Replies: 11
Views: 719

Re: 529 withdrawal what comes out first -what comes out first principle or gains

I am not sure what you are trying to accomplish by withdrawing money from a 529 to pay for education for someone who is 5. A 529 provides tax free growth. If you have had money in for less than 6 years, I don't see how you have enough growth to worry about taxation on? You'd be far better to keep t...
by miamivice
Sat Feb 16, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Drone photography as a side hustle
Replies: 16
Views: 1097

Re: Drone photography as a side hustle

I don’t know how you could make any money at $130/shoot. The cost is not your drone, but rather your time. For drone photography, there is very little in the way of costs. $750 for the drone, plus a little gas to get to and from the photography site. Maybe a small investment in software. Yes, there...
by miamivice
Sat Feb 16, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Drone photography as a side hustle
Replies: 16
Views: 1097

Re: Drone photography as a side hustle

jharkin wrote:
Sat Feb 16, 2019 8:30 am
... for commercial work a DJI Inspire ($3k) is about the minimum point of entry to get professional photographer level results.

Except it's not, because the guy that I paid $130 didn't have a $3,000 drone. I was happy with the pictures he took and felt I got my money's worth.
by miamivice
Sat Feb 16, 2019 12:03 pm
Forum: Personal Investments
Topic: personal rate of return
Replies: 29
Views: 2520

Re: personal rate of return

Hello My personal performance, as per vanguard, calculated by a method called IRR- internal rate of return for the last 10 years is 8.5 % for my retirement accounts 7.8% for non retirement funds 5.1% for 529 funds Would the above returns be considered good? average ? or bad? Mine is as follows: 12....
by miamivice
Sat Feb 16, 2019 12:52 am
Forum: Personal Investments
Topic: personal rate of return
Replies: 29
Views: 2520

Re: personal rate of return

Hello My personal performance, as per vanguard, calculated by a method called IRR- internal rate of return for the last 10 years is 8.5 % for my retirement accounts 7.8% for non retirement funds 5.1% for 529 funds Would the above returns be considered good? average ? or bad? Mine is as follows: 12....
by miamivice
Sat Feb 16, 2019 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Drone photography as a side hustle
Replies: 16
Views: 1097

Drone photography as a side hustle

Anyone consider drone photography as a side hustle? I was at a big box store tonight and eyed a drone for $750. It looked nice and would take cool aerial pictures. A year ago, I needed aerial pictures and hired a drone photographer to take some. They all seemed very expensive. One guy wanted $200. O...
by miamivice
Sat Feb 16, 2019 12:11 am
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

Maxing out is an overused expression, particularly here on Bogleheads. From my calculations, it is generally unnecessary. If folks are actually doing it here, I suspect they are behind in retirement savings. Generally, from a recent thread I posted, two income families would dump $60k to $100k per ...
by miamivice
Fri Feb 15, 2019 5:16 pm
Forum: Personal Consumer Issues
Topic: Refurbished Nikon D750 + AF-S 24-120mm f/4G Nikkor VR lens
Replies: 37
Views: 1564

Re: Refurbished Nikon D750 + AF-S 24-120mm f/4G Nikkor VR lens

I bought a refurbished Nikon point and shoot from the same place and it was defective. Couldn't focus near objects. I use it for scenic landscape but not for people shots. I thought about returning it but got distracted and never got around to it.
by miamivice
Fri Feb 15, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or 529 PLan
Replies: 63
Views: 1848

Re: Invest or 529 PLan

I think the idea that financial aid is beneficial is overblown. My perspective is that the majority of financial aid disbursed is in the form of loans which must be repaid and only the most needy of families qualify for grants and scholarships. Some will show a particular college to point out they ...
by miamivice
Fri Feb 15, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or 529 PLan
Replies: 63
Views: 1848

Re: Invest or 529 PLan

The more I read about 529s and how families can be penalized with no financial aid because of the choices a family made together that goes against the status quo (so those that decide to spend $$ on a fancy car get financial aid --- but those that bought a used car and put off instant gratification...
by miamivice
Fri Feb 15, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or 529 PLan
Replies: 63
Views: 1848

Re: Invest or 529 PLan

With that said, we're not talking about a lot of money. I put a total of $73,000 in 529s up front when our children were in the womb. Congratulations, you are one of the few people for whom 529s provide the biggest benefits. Clearly yours is not the situation OP, and overwhelming majority of 529 in...
by miamivice
Fri Feb 15, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or 529 PLan
Replies: 63
Views: 1848

Re: Invest or 529 PLan

You like paying more taxes than you have to? We aren't paying taxes on 529 money. All of that growth is tax free. You can't know that until you spend the money on college. With Roth, if you are eligible, you are guaranteed it will be tax free after 59 1/2 (absent legislative changes, of course) And...
by miamivice
Fri Feb 15, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or 529 PLan
Replies: 63
Views: 1848

Re: Invest or 529 PLan

You like paying more taxes than you have to? We aren't paying taxes on 529 money. All of that growth is tax free. As far as our taxable accounts, I have plans to spend that money prior to retirement. So yes, I am happy to pay taxes on growth from taxable funds in order to have the flexibility to us...
by miamivice
Fri Feb 15, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6157

Re: Why is 401k maxing preferred over taxable?

Maxing out is an overused expression, particularly here on Bogleheads. From my calculations, it is generally unnecessary. If folks are actually doing it here, I suspect they are behind in retirement savings. Generally, from a recent thread I posted, two income families would dump $60k to $100k per y...