Search found 1955 matches

by an_asker
Mon Jan 22, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: Passport renewal and usage- what's the scoop?
Replies: 33
Views: 2691

Re: Passport renewal and usage- what's the scoop?

riverguy wrote:
Mon Jan 22, 2018 3:39 am
ccieemeritus wrote:
Sun Jan 21, 2018 11:09 pm
I suggest getting the passport card at the same time. It’s proof of identity and citizenship. Useful when getting a job or flying domestic.
What’s the point? Drivers license works fine for flying and how often are you getting a job?
*unless you are in certain states! :oops:
by an_asker
Mon Jan 22, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 79
Views: 3460

Re: Laughter is the Best Medicine - What makes you Laugh?

Ray and Tom Magliozzi from Car Talk. Their laughter is infectious! Yeah. They always came on the air right before Wait Wait. So sad when Tom died and they shut down production. One of my favorite callers had a complaint where his vehicle started up with no problem, initially had a lot of power, but...
by an_asker
Thu Jan 18, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 71
Views: 4775

Re: Exit strategy for bitcoin

If you thought it was worth buying at $15K, why aren't you backing up the truck now? Investments are the only thing people like to buy after they go up in price. I have no idea where it goes next, but I'm glad I'm on the sidelines. I'd be laying awake at night if I actually owned any of this stuff....
by an_asker
Tue Jan 16, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 47
Views: 4167

Re: A "Home" cell phone?

Some of my friends still have a home number (land line) but I don't dial those numbers anymore. I dial their mobile numbers. I don't see a need for a home number. TravelforFun I see a need for a land line phone number just so that I don't have to give out my cellphone number to every business that ...
by an_asker
Fri Jan 12, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 61
Views: 4787

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

Even worse, I'm now in the higher 32% tax bracket making the choice even easier to make even if future rates still go up further or I retire to the same tax bracket. A good problem to have, but I'm in that small slice of income where I went from 25% to 32% with the same income :( Please elaborate -...
by an_asker
Fri Jan 12, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 61
Views: 4787

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

What does a lower tax bracket have to do with it if you are not going to be withdrawing the money in 2026 especially if you are still working? I think most people will still be in a lower tax bracket when they withdraw the money in retirement even after tax rates go up. livesoft: With due - 58k vs ...
by an_asker
Fri Jan 12, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1719

Re: Underwater 4-5k in vehicle.

Has anyone ever been in a situation where they were trying to sell/trade in a vehicle they were between 4-5k underwater in? Is it ever justified to drop a 4-5k payment so that a trade in breaks even? Craig'sList to sell privately is filled with scammers these days. Without reading all the other res...
by an_asker
Fri Jan 12, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Yahoo Mail: Delete Not Working
Replies: 24
Views: 1216

Re: Yahoo Mail: Delete Not Working

This does not really answer your question, but I quit using Yahoo! email on a pc/laptop a while back, when they switched from a set number of emails (50, IIRC) to a bottomless scrolling which made it very very difficult, as well as took a lot of memory resources. I use Yahoo! email on smartphone now...
by an_asker
Thu Jan 11, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?
Replies: 48
Views: 6332

Re: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?

The costs could be yet higher if the adviser actively switches funds, each time reducing principal by the front load. So a case worse than just the AUM fee plus high ER funds is an adviser that on top of that switches you through funds. E.g. 3 switches with a front load of 5% in that time frame wou...
by an_asker
Mon Jan 08, 2018 11:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 2943

Re: Livesoft at 58,000 posts!

LadyGeek wrote:
Mon Jan 08, 2018 3:38 pm
I was going to wait until 60,000 to mention anything, but I'm not averse to someone posting his total now.
Haven't seen any adverse reactions to this thread, but that could also be because of my limited activity today!
by an_asker
Mon Jan 08, 2018 12:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 2943

Re: Livesoft at 58,000 posts!

lws6772 wrote:
Mon Jan 08, 2018 11:27 am
That's a lot of posts. If I post ever single day from now forward, at 58,000 posts it will be 157 years from now, year 2175 and I will be 217 yrs. old. That doesn't look right, but I've checked it 3 times.
What if you post each time you ingest something? ;-)
by an_asker
Mon Jan 08, 2018 12:16 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8580

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I believe such posts belong in the Bogleheads Community forum. More importantly, I believe the Local Chapters and Bogleheads Community forum should be split into two separate forums . If someone wants to see when their local group is meeting and what's on the agenda, they shouldn't have to sort thr...
by an_asker
Mon Jan 08, 2018 12:14 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8580

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

TimeRunner wrote:
Mon Jan 08, 2018 9:02 am
[...]If they stay, they need to be inflation-adjusted. :twisted:
+1! Once everyone starts making two commas per year, being in "the 2 comma club" would be a default situation (for a Boglehead at least!).
by an_asker
Fri Jan 05, 2018 7:49 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5880

Re: Misuse of adverse when averse was meant

Lynette wrote:
Fri Jan 05, 2018 7:20 pm
@cal91 :D :D I grew up using "English" spelling. I learnt that I supposedly made many spelling mistakes.
On "public" forums, I use the majority approved spelling; on my personal social media (FB/blog etc), I use a judgement call and favour my original spelling!
by an_asker
Fri Jan 05, 2018 7:46 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5880

Re: Misuse of adverse

daveydoo wrote:
Fri Jan 05, 2018 5:54 pm
...and the winner is...
Pete12 wrote:
Fri Jan 05, 2018 3:46 pm
I go nuts when folks refer to this forum as the “Boggleheads” or the “Bogelheads” ... I mean come on people!!!
:D
We are the Bagelheads ... though we could've been the donuteers ;-)
by an_asker
Fri Jan 05, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed rate reset?
Replies: 9
Views: 2337

Re: PenFed rate reset?

So i am now facing the penfed 5/5 arm reset decision myself. my Current rate is 2.75% and the offered reset is 3.3125% for the next 66 months. So the downside is that i would be increasing my interest rate for the next 6 months to get a lower interest rate of 3.3125% (vs. say 4.3%) for the followin...
by an_asker
Thu Jan 04, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 316
Views: 23593

Re: What frugal thing did you do today?

I read fairly fast. So I returned the books that I got from Amazon the other day for free returns. Don't bend the spine or crinkle the pages. Return as received in brand new condition. Most books are not worth keeping unless reference or something to gift or pass on. I don't know if others do this....
by an_asker
Wed Jan 03, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Do you eventually get accustomed to your higher balances?
Replies: 47
Views: 6790

Re: Do you eventually get accustomed to your higher balances?

chicagoan23 wrote:
Tue Jan 02, 2018 8:45 pm
[...]And I would definitely be distressed if I lost $100 on the street.....
Me too, on any street, except Wall Street! :oops:
by an_asker
Wed Jan 03, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 9672

Re: Effects of extreme cold weather

Many years ago I had a newish 1996 Honda Civic. It was incredibly basic, with an AM only radio, torture chair seats, no trunk light, no A/C, and no power steering, no power windows, and no power door locks. But the worst thing was the heater. The very fine pile of sunshine just couldn't deal with w...
by an_asker
Sun Dec 31, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 9280

Re: I Want to Buy a Horrible, Expensive Car

ClevrChico wrote:
Fri Dec 29, 2017 10:30 pm
I'd sleep on it. For days and days. :-)
I'd sleep IN it! ;-)
by an_asker
Thu Dec 21, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48955

Re: Tax Bill Omnibus Thread

In not in any way a tax professional, but there seems to be the thought by some that if one prepays their mortgage payments now for 2018 and even further, say 2019, that they can use that interest they are prepaying to their advantage for itemizing. I just don't believe that is legitimate. I'd cons...
by an_asker
Thu Dec 21, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48955

Re: Tax Bill Omnibus Thread

In not in any way a tax professional, but there seems to be the thought by some that if one prepays their mortgage payments now for 2018 and even further, say 2019, that they can use that interest they are prepaying to their advantage for itemizing. I just don't believe that is legitimate. I'd cons...
by an_asker
Thu Dec 21, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Stay with TD Ameritrade or move to Schwab,Fidelity
Replies: 37
Views: 2379

Re: Stay with TD Ameritrade or move to Schwab,Fidelity

I would move them to Schwab, Fidelity or Vanguard (I could, as I've got accounts in all four :-). BTW, when you are doing the move, if you transfer just the equities, it is a free transfer (though something tells me that you probably know this as well), as long as you don't close your account in its...
by an_asker
Thu Dec 21, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Help Me [Recover] My Bitcoin!
Replies: 93
Views: 12100

Re: Help Me Cash Out My Bitcoin!

And if the hacking works, please do not tell anybody about it but rather go after the billion dollar account as previously described here. +1 Knowing the address is useless. Without the private key, the funds are not accessible. I run a bitcoin node at home. I can see every transaction that has eve...
by an_asker
Wed Dec 20, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23636

Re: 2nd million is easier!

I gotta disagree. I think you can learn just as much from a person making 2.9 million a year as a person making 29k a year. And there examples in different ways. Have totally different obstacles. Yes, I would rather be the person with the 2.9 million earnings but "They got there" , thats not a star...
by an_asker
Wed Dec 20, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23636

Re: 2nd million is easier!

Definitely! We hit the 1m mark early last year. I guess I should amend my earlier comment. It was closer to 5 years, not 6. Now we are up to almost 1.3m with this market. Crazy! We save roughly 20-25K a year, so we had our own contributions during that time. Our average salary was low to mid 60s. H...
by an_asker
Wed Dec 20, 2017 3:33 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23636

Re: 2nd million is easier!

[...] I really and truly don't mean this to be negative, but a guy making $2.9 million a year being able to save a bunch of money doesn't inspire me at all. It's just not a great example for the other 99.98% of us. There is nothing about being negative; just that it is not as great an achievement a...
by an_asker
Wed Dec 20, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11767

Re: A meal with friends yields a financial revelation

Please separate your text into paragraphs. It's difficult to read it the way you presented it. Since it's been a while since we've had The Munchkin Man (where are you buddy?), let me go one step further and Munchkinize the OP! ;-) As with many people, the holidays are a time we catch up with old fr...
by an_asker
Wed Dec 20, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Alliant 3/2.5% card - any experience?
Replies: 32
Views: 4094

Re: Alliant 3/2.5% card - any experience?

- if we (can we?) apply for this card in our teenager's name, would it count against the co-signer for the 5/24 rule? As dollar_elbow pointed out, Alliant has targeted high-income earners for this card. I've also read that they are very conservative in approving people for the card on other sources...
by an_asker
Tue Dec 19, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23636

Re: 2nd million is easier!

For me it looks something like this: Starting in 1993: 8 years $500k - 2001 10 years $1 million - 2004 12 years $2 million - 2006 17 years $5 million - 2010 21 years $10 million - 2014 24 years $15 million - 2017 In the past 12 months I added over $2.3 million to my net worth, approximately half of...
by an_asker
Tue Dec 19, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23636

Re: 2nd million is easier!

My employment income is not that high. It has been around 250-260k over the last 4 years. Sorry to say, but your employment income is VERY high. Even still, many folks with that income do not save 70k+ a year. That takes fortitude. Great job. I was referring to someone who thought I must be making ...
by an_asker
Tue Dec 19, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: how often does high ACT score == scholarship?
Replies: 87
Views: 6081

Re: how often does high ACT score == scholarship?

Our son, now a college sophomore, received a 27 (3 times) on the ACT. His GPA was fairly high. He was offered $1,000 from our in-state flagship university. He was offered $80,000 in renewable scholarships ($20k per year) from a private school. He eventually chose the private. Whether private or pub...
by an_asker
Mon Dec 18, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp wants to change my bonus!
Replies: 25
Views: 4621

Re: Megacorp wants to change my bonus!

samsoes wrote:
Sun Dec 17, 2017 8:02 pm
sailaway wrote:
Sun Dec 17, 2017 7:33 pm
...but this being MMM...
What does "MMM" mean?

Non-intuitive acronyms are ubiquitous on this forum.
Three M, maybe? ;-)
by an_asker
Mon Dec 18, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 18
Views: 2099

Re: Emerging Market Bond Fund Choice

Wow, this is a surprise. I own VWOB, the ETF class of Vanguard Emerging Markets Bond Index Fund, but VEMBX Investor and VEGBX Admiral Vanguard Emerging Markets Bond Fund) slipped in under my radar. The Investor shares show 32.4 million of assets as of 11/30/17 and the Admiral shares show dashes for...
by an_asker
Mon Dec 18, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 18
Views: 2099

Re: Emerging Market Bond Fund Choice

The turnover given the fund's circumstances doesn't matter. I asked in another thread for expense ratio forecasts for both share classes but nobody made any. Emerging Markets Select has been persistently expensive so far but I haven't looked into the compensation scheme it uses - maybe it has outpe...
by an_asker
Mon Dec 18, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Help Me [Recover] My Bitcoin!
Replies: 93
Views: 12100

Re: Help Me Cash Out My Bitcoin!

If you don't have your private key, you don't own it anymore. Nobody owns it anymore. I've never known Bogleheads to quit this easily. Do you remember when Elaine on Seinfeld went through holy hell to get her free sub sandwich? Well that''s how I feel about this. At least you're being a good sport ...
by an_asker
Mon Dec 18, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why You Took an Adjustable Rate Mortgage?
Replies: 43
Views: 3258

Re: Why You Took an Adjustable Rate Mortgage?

At present I have an adjustable rate mortgage (ARM). It is actually an interest-only ARM which keeps my mortgage payment pretty low. This allows me to maximize my tax-sheltered retirement contributions while satisfying my other financial obligations. I have $300K home equity and $200K mortgage. In ...
by an_asker
Mon Dec 18, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5667

Re: Spending on myself, am I off base here?

From a different perspective, what joy will a second $5k pinball machine provide? This is a classic problem I have learned about myself. I buy something. I love it. I then want a second (or a third). The second does not bring more joy/happiness. It actually reduces the happiness from the first item...
by an_asker
Mon Dec 18, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Is Menards the future of retail? If so, what does it mean?
Replies: 37
Views: 2424

Re: Is Menards the future of retail? If so, what does it mean?

[...]The long game is for large retailers to create their own house brands and source the manufacturing of those products from whichever company they see fit.[...] I wonder if you have heard of Trader Joe's. That's exactly how they do business. And companies outsourcing manufacture of their name br...
by an_asker
Fri Dec 15, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: Alliant 3/2.5% card - any experience?
Replies: 32
Views: 4094

Re: Alliant 3/2.5% card - any experience?

Here's another perspective on why I decided against it (for now). Spending $48k per year would get you another 1% or $480 the first year over the fidelity 2%. Then future years would only be $240- $59 fee = $181 per year. Certainly not insignificant, but there are only so many cards one can get if ...
by an_asker
Fri Dec 15, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 18
Views: 2099

Emerging Market Bond Fund Choice

For this category, I've been using the Payden emerging market bond fund for a while. I recently learned that Vanguard has its own offering - the Vanguard Emerging Bond Fund. Neither of the funds is an index fund - which I like because I think there is some value in having a professional go to bat fo...
by an_asker
Fri Dec 15, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: The 9.1 billion shares mystery of Googles IPO
Replies: 10
Views: 1903

Re: The 9.1 billion shares mystery of Googles IPO

I don't understand the process that well, but have a not-too-OT question: when a company goes public with an IPO, is there an upper limit of how many shares it can ever issue? In other words, might the 9 bilion share number be a max limit for GOOG shares that will ever be generated?
by an_asker
Fri Dec 15, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 42
Views: 3752

Re: How to deal with Micro-manager

[...]I wish we can tap dance to FI but personally feel we are not there yet. 335k home loan and a Kindergartener in private school is long ways away from FI.[...] I don't think that sending a kindergartener to private school is very Bogleheadish ... but I am prepared to be proved wrong! [edited to ...
by an_asker
Fri Dec 15, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2995

Re: Recast mortgage as part of a pay down strategy

A recast reamortizes a loan based on the remaining amount due and and the time left on the loan. Say you start with a 30 yr loan $100k loan and pay off $30k of it in the first year. You ask for a recast. Your new payment is reduced to make the new $70k balance pay off over 29 years. You are in the ...
by an_asker
Fri Dec 15, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2995

Re: Recast mortgage as part of a pay down strategy

A recast reamortizes a loan based on the remaining amount due and and the time left on the loan. Say you start with a 30 yr loan $100k loan and pay off $30k of it in the first year. You ask for a recast. Your new payment is reduced to make the new $70k balance pay off over 29 years. You are in the ...
by an_asker
Thu Dec 14, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2995

Re: Recast mortgage as part of a pay down strategy

A recast reamortizes a loan based on the remaining amount due and and the time left on the loan. Say you start with a 30 yr loan $100k loan and pay off $30k of it in the first year. You ask for a recast. Your new payment is reduced to make the new $70k balance pay off over 29 years. You are in the ...
by an_asker
Thu Dec 14, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2995

Re: Recast mortgage as part of a pay down strategy

Didn't read the entire long thread - got only half way through, and it didn't appear that the respondents are explaining the situation very well. The recasting will be of no use to you, if you will continue to pay the same amount as you monthly mortgage payment. For that, you need to understand how ...
by an_asker
Thu Dec 14, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 5259

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

TomatoTomahto wrote:
Thu Dec 14, 2017 2:30 pm
[..]God gave us two ears and one mouth, so we ought to listen twice as much as we speak.
But God also gave us ten fingers, so we can type ten times as much as we can talk ... but there are those smart ones who need just one finger to communicate! :oops:
by an_asker
Thu Dec 14, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 5259

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

whiteprius wrote:
Thu Dec 14, 2017 11:00 am
[...]Risky investments can destroy your life, but they can also elevate you into another strata.[...]
I guess they could definitely pay for that ticket to Mars for sure! ;-)
by an_asker
Thu Dec 14, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 5259

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

That amount of an S&P drop would be 2007ish and unlikely, but your attitude is the right one klangfool. I think smart investors overstate risk and understate upside. This is gambling. It is compulsive and thrill seeking behavior. It is not investing. Until you are willing to accept this nobody here...