Search found 698 matches

by fundseeker
Fri Oct 05, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Fixing a messy portfolio
Replies: 11
Views: 1115

Re: Fixing a messy portfolio

Others will give you great answers, but I just want to say that your employer is not doing you any favors with Principal Funds. I just looked at their very very high fees, even on their 500 Index. Maybe you could point that out to the people in charge :)
by fundseeker
Fri Oct 05, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5026

Re: can i start a private investment firm?

Coincidentally, I just checked that out this morning and found that it did not take anything but passing the Series 65 exam to be a Financial Advisor, though each state varies. There is a ton of information on the internet by just searching "how to become a financial advisor."
by fundseeker
Fri Oct 05, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Timing the Market
Replies: 16
Views: 1805

Re: Timing the Market

OP, FWIW, I funded my daughter's Roth some 18 months ago, but left the money in a money market account because I thought the market would crash, and I'm still waiting! I feel badly that she has missed out on some nice gains. I wish you and I knew when this crash was coming. Part of the reason for my...
by fundseeker
Wed Jul 18, 2018 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance premium question
Replies: 7
Views: 829

Re: Term Life Insurance premium question

Glad you caught that now and not in 10 years! What a ripoff! Level term may be the phrase you should be looking for. And there is a reason your Agent is no longer wanting to hear from you - he left out some very important information when he sold you that junk. It'd be worth getting quotes online an...
by fundseeker
Sat Jul 07, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5901

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

If they've rooked me too late on this one, but in that case will use as lesson learned for future maintenance. Why is it too late. Can't you call them and say don't do the filters? brake fluid dirty: $169.95 - This is a little pricey, but it is called for in the manual at every three years. engine ...
by fundseeker
Thu Jul 05, 2018 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Gut check: Insurance options
Replies: 4
Views: 816

Re: Gut check: Insurance options

Looks like a good simple plan to go with USAA, which we have had for a couple of decades or more. You could consider doing just $500k at USAA for 20 years and $500k for 20 maybe at Protective Life or elsewhere, that way if one goes under, all of your eggs are not in one basket. Also, that way you co...
by fundseeker
Thu Jul 05, 2018 6:40 am
Forum: Investing - Help with Personal Investments
Topic: Right decision ?
Replies: 20
Views: 2587

Re: Right decision ?

Yes I would have done the same.

BTW, would you mind changing the title to include something about your topic? You might get more responses since many people do not like to have to open the topic to even find out what the issue is. Thanks! :)
by fundseeker
Wed Jul 04, 2018 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Using 529 to pay rent and meal off-campus?
Replies: 25
Views: 2453

Re: Using 529 to pay rent and meal off-campus?

livesoft wrote:
Wed Jul 04, 2018 7:18 am
As noted, the answer is basically YES with the caveat to not exceed the what Publication 970 says one can with an off-campus living arrangement. (there is no form 970)
You got me! I plead guilty to calling it a Form and will punish myself accordingly! :)
by fundseeker
Wed Jul 04, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Using 529 to pay rent and meal off-campus?
Replies: 25
Views: 2453

Re: Using 529 to pay rent and meal off-campus?

I believe from experience that you can just make a lump sum withdrawal each year in an amount that does not exceed your qualified expenses, but save your records of payments for those expenses. As for off campus room and board, you can find your school's estimated cost which you can use as your maxi...
by fundseeker
Sat Jun 30, 2018 7:31 am
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 76
Views: 9111

Re: Dad Needs Help Buying Wedding Liquor

I noticed some here suggest a liquor policy for liability? Would an umbrella policy not be sufficient to cover being the host of a wedding reception where alcohol is served? Also, if the bartending company says they have insurance, wouldn't that reduce the need to have extra coverage by the host fam...
by fundseeker
Wed Jun 20, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: $1M Term Life Insurance
Replies: 14
Views: 1810

Re: $1M Term Life Insurance

You could consider splitting the total amount you want, e.g. $1 million, into two policies, one for say 20 years and one for 30. I did that with the two at separate companies, just sorta diversifying in case one went under. Anyway, I have a few years left on the 20 and 10 years left on the 30, and I...
by fundseeker
Tue Jun 19, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Will or Trust?
Replies: 53
Views: 4627

Re: Will or Trust?

My husband and my assets are not currently in a trust, such as the revocable trust that the OP and his wife apparently have. What my husband and I both have are wills. In those wills are provisions to set up a trust for the surviving spouse if one of us predeceases the other. Should my husband and ...
by fundseeker
Mon Jun 18, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2924

Re: Would you pay off mortgage in my situation?

Why not do both concurrently? Pay down your mortgage substantially. Save and invest substantially. j +1 for this. It really does not have to be all or nothing. You could add say $5k or $10k to principal each month and it'll be gone in a year or two, and in the meantime, you would not have been left...
by fundseeker
Wed Jun 13, 2018 5:53 am
Forum: Investing - Help with Personal Investments
Topic: Respectfully Looking for Advice
Replies: 20
Views: 2600

Re: Respectfully Looking for Advice

You have way to much car debt making $140k combined. Where does the OP say how much he and she make? I couldn't find that part. Simple math. The OP says they have a 4% match and the company match is $5,600 ($2,600 and $3,000). $5,600/.04 = $140,000. You should get the Boglehead helper award for goi...
by fundseeker
Tue Jun 12, 2018 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Respectfully Looking for Advice
Replies: 20
Views: 2600

Re: Respectfully Looking for Advice

You have way to much car debt making $140k combined. Where does the OP say how much he and she make? I couldn't find that part. How should I best manage my money going forward? Spend a lot less. Save a lot more. Invest. Sell the cars. It's getting late. +1 for this! It is time to start saving all t...
by fundseeker
Mon May 28, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to Invest for 1yr old daughter
Replies: 27
Views: 3467

Re: Starting to Invest for 1yr old daughter

Instead of having to deal with gift tax issues, can't a parent give their children some of their future inheritance while still living, if they just keep track of it for inheritance tax purposes at the end?
by fundseeker
Mon May 21, 2018 7:36 am
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 5517

Re: College laptop for fall 2018 freshman

OP, If you haven't bought yet, I very highly recommend buying a MacBook Pro. We bought them for our college students and they have worked out great! We have had hardly any problems, and they are still going strong after seven and four years each. And, if they develop issues, Apple is usually on camp...
by fundseeker
Sun May 20, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 8536

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

Sorry for your loss, but it's awesome that you and your husband have done so well financially and that you two bought life insurance. You came to the right place for great advice! I did not read all of the replies so this may have been mentioned, but if my wife was about to receive a $1.5 million ch...
by fundseeker
Fri Apr 27, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: Extended Warranty for Honda Odyssey - worth it?
Replies: 23
Views: 4117

Re: Extended Warranty for Honda Odyssey - worth it?

I'm usually opposed to extended warranties, but in 2011 for our child's Accord, I bought the Honda factory warranty from Hyannis Honda online for $600 which took the car out to seven years. We had one repair so we just broke even, but it gave me peace of mind. We also have a 2011 Odyssey with no ext...
by fundseeker
Sun Apr 01, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Federal survivor benefit decision help needed
Replies: 19
Views: 2210

Re: Federal survivor benefit decision help needed

Well...seems overwhelmingly in favor of the 50% survivor benefit (SB)! I really appreciate everyone's input. I'll add that our SS should be in the $4,200/month range, and when I go she should get mine, at $2,800. But, it does look better that the FERS annuity for her would be $2,500, not $1,250 at 2...
by fundseeker
Sat Mar 31, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Federal survivor benefit decision help needed
Replies: 19
Views: 2210

Federal survivor benefit decision help needed

I could really use some help here with the Federal survivor benefit (SB) decision that I must make within months. I have to at least select the 25% SB to continue Federal health insurance, which will mean that my $5k/month annuity will be reduced by $250/month, leaving us with $4,750/month and leavi...
by fundseeker
Sat Mar 24, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: What car should I get
Replies: 35
Views: 3012

Re: What car should I get

I've had Hondas for many years and did not know about some CVT problem. Anyway, you've got to test drive the cars a long way before deciding, and doing that may narrow your list a lot! When we bought our second Odyssey in 2010, I test drove a Sienna and it felt like it just floated along and the ste...
by fundseeker
Wed Mar 21, 2018 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Tax on appreciated mutual fund shares
Replies: 8
Views: 973

Re: Tax on appreciated mutual fund shares

I should probably research this more before mentioning it, but it you are in the 15% (or is it 12% now) bracket, you may not have to pay any tax on LTCGs. Maybe you make too much for that option. Also, I recommend the donor advised fund (DAF) route. A DAF is easy to open (Fidelity has a lower minimu...
by fundseeker
Tue Mar 20, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Is a Model Release normal for wedding videography?
Replies: 28
Views: 2581

Re: Is a Model Release normal for wedding videography?

Thank you everyone for the quick and helpful replies! I will have that clause removed, or limited to maybe advertising purposes. The contract also has that the images are selected and edited at xx’s discretion, and delivered videos may not include all images taken. xx reserves the creative right to ...
by fundseeker
Tue Mar 20, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Is a Model Release normal for wedding videography?
Replies: 28
Views: 2581

Is a Model Release normal for wedding videography?

To hire a wedding videographer, does it make any sense to sign their contract that includes a Model Release? I get that if they are paying me to be a model for them, then maybe the release is appropriate. But, if I am paying them a lot to film my wedding, why would I give them all rights to do whate...
by fundseeker
Sun Mar 18, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 49
Views: 5093

Re: Vanguard Personal Advisory Services Fees

Glamdring56 wrote:
Sun Mar 18, 2018 9:20 am
I keep my wife's $3 million with PAS. Our advisor, whom we only talk to annually by our choice, recently told us that "We are his least demanding clients".
$3,000,000 x .003 = $90,000/year or $7,500/month.

So, is that a $90,000 conversation once each year?
by fundseeker
Sun Mar 18, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 49
Views: 5093

Re: Vanguard Personal Advisory Services Fees

I hope people who use the VG PAS realize how much it is costing them each month, AFTER the advisor has set them up in index funds and put their portfolio on auto pilot. After all, you are supposed to set it up and leave it alone for years! For example, with the following assets under management (AUM...
by fundseeker
Fri Mar 02, 2018 7:48 am
Forum: Personal Consumer Issues
Topic: New construction woes
Replies: 30
Views: 3304

Re: New construction woes

OP, I feel your pain, and from our experience 20 years ago, the builder will continue to be nice until your year is up, and then he'll be harder to reach. And, I believe builders have the MO (modus operandi, for the acronym haters :) ) of putting you off until you just get tired of asking him to fix...
by fundseeker
Sat Feb 24, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: iPhone 6 just broke screen. Need new phone
Replies: 11
Views: 1106

Re: iPhone 6 just broke screen. Need new phone

Batteries Plus!!! We have had a couple of iPhone screen replaced and they worked great afterwards. It is only about $90 or so, and if you call and make an appointment, maybe even just 10 minutes before you plan to go to the store, you get another $10 off, as I recall. Broken screen does not warrant ...
by fundseeker
Wed Feb 21, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: <gulp> Expensive mistake
Replies: 56
Views: 10499

Re: <gulp> Expensive mistake

Kristen, Sorry that happened. What I propose, and I am more than 20 years ahead of you in the retirement planning thing using the TSP, is to immediately, before noon eastern time today, move all of the F money into the G Fund. That way you remove the interest rate risk, etc. Then, I would move that ...
by fundseeker
Tue Feb 13, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 13462

Re: Did you learn anything from the market correction?

I learned that most of my exposure to noise about market drops comes from this forum! There have been about a million posts about it recently, otherwise I would not be all that aware since I don't spend anytime on CNBC, etc. Oh well, I guess I could just glaze over all of the crash-related posts. Th...
by fundseeker
Tue Feb 13, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Question for TaxAide Volunteers
Replies: 10
Views: 1123

Re: Question for TaxAide Volunteers

Just want to say that you all are good people and should be commended for volunteering!!! I have thought that I might be interested in doing that as well, but I am no tax expert, just a person who has been doing his own taxes for years and once passed the CPA exam. Anyone care to share some details ...
by fundseeker
Sat Feb 10, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: My Mac Pro has gotten gigantically slow online: meltdown $ spectre?
Replies: 19
Views: 2640

Re: My Mac Pro has gotten gigantically slow online: meltdown $ spectre?

CULater, Where did you go? Have any of the suggestions helped? I did not read them all and this may have been mentioned, but adding RAM, for less than $100 online, has improved the overall speed of our 2011 and 2012 MBPs. The RAM is easy to install, but you need a really small screwdriver. Good luck.
by fundseeker
Sat Feb 03, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 17782

Re: Blood in the water- buying?

Over 600 points yesterday. Only happened 17 times since 1993. A definite price point. Maybe it is timing the market. 600 points is really nothing at 26,000. It would have been back in the days of 8-10,000, but not now. Maybe you should stick with percentage drops when comparing to declines over the...
by fundseeker
Wed Jan 31, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 2810

Re: Tax help - DAF contribution

OP, FWIW, I donated shares to my new Fidelity DAF at year end, and under "Cost basis summary," then "Gifted shares," VG shows my basis for the donated noncovered shares at avg cost with a purchase date in 2009. So, that is where it should appear, or at least it did for mine. Good luck! But does it r...
by fundseeker
Fri Jan 26, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Thinking About Timing the Market
Replies: 75
Views: 6971

Re: Thinking About Timing the Market

But I'm seriously thinking about making my first attempt at "timing the market." Hear me out. Trying to time the market seems anathema here. But at the same time, it seems to be perfectly acceptable for people to adjust their asset allocations to accommodate changes in life circumstances (anticipat...
by fundseeker
Mon Jan 22, 2018 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 12174

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

Milo953, It could be worse! See that huge dip in the chart around October 2016? That happened right after I decided to buy some of Vanguard's Intermediate Bond Fund, and it has not recovered yet! And, who knows when it will recover! I have not sold, but it is tempting to do so.
by fundseeker
Thu Jan 18, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 3134

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

Thank you everyone for the great detailed explanations. I will likely stay the course and not bother with the F Fund after reading the comments. Thanks again for taking the time to respond! But if you have half a million dollars in the G Fund, it sounds like you've made a pretty deliberate choice ab...
by fundseeker
Thu Jan 18, 2018 7:01 am
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 3134

TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

So, just looking at the annual returns of the G and F Funds, I am not sure I should continue to buy in to all of the favoritism shown here to the G Fund. I get that the F Fund is a little riskier, but it beat the G Fund in 9 of the last 11 years! With more than $500k now in the G Fund ($0 in F) , it...
by fundseeker
Sat Jan 13, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 46899

Re: What frugal thing did you do today?

Replaced hot surface igniter ($20 or less part online) after gas furnace stopped working. This is the part that creates the orange glow in the furnace and ignites the gas. Jump started a dead cordless drill battery that would not charge, until I did the jump start with a working battery (lots of You...
by fundseeker
Sun Jan 07, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: So how would your $100k have fared since January 2008?
Replies: 8
Views: 1540

Re: So how would your $100k have fared since January 2008?

I think the exercise in looking back -is just that, an exercise, that provides no tangible value There is value in looking back, if someone has never looked at real world numbers to see how big of a hit their portfolio could take, so that they give some thought about whether they would be able to t...
by fundseeker
Sun Jan 07, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: So how would your $100k have fared since January 2008?
Replies: 8
Views: 1540

So how would your $100k have fared since January 2008?

Some of these figures might be enlightening to those who weren't investing back around 2008-2009 and may not realize what can happen to their investments. Several conclusions can be drawn, e.g., know what you can stomach, and stay the course. The source is Money magazine, January/February issue, whe...
by fundseeker
Sat Jan 06, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Donating appreciated securities to charity
Replies: 8
Views: 784

Re: Donating appreciated securities to charity

You are doing well to plan ahead like this. Vanguard Brokerage moves at a snail's pace, so maybe they'll have your donation done by December 31, 2018. As mentioned above, if it's a lot of money and you want to spread out your giving, putting your large donation into a DAF at Fidelity will give you t...
by fundseeker
Sun Dec 31, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1914

Re: Does donation count for 2017 if donated fund shares do not settle until 2018?

Maybe the receiving fund with my DAF will just call it a 2017 donation. If not, and if IRS has an issue with it, I cannot imagine it would be disallowed, especially since at this point, VG completed their part three days before 2018, with the following two days being weekend days, and, at this point...
by fundseeker
Sun Dec 31, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1914

Re: Does donation count for 2017 if donated fund shares do not settle until 2018?

ofckrupke, Thanks! I really like your answer, and I believe it's correct. The shares my DAF will receive will even be (or should be) valued at the NAV at COB on the 29th. I will try to relax, because my only options at this point are to have the other firm fund the new DAF with money I have there al...
by fundseeker
Sun Dec 31, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1914

Re: Does donation count for 2017 if donated fund shares do not settle until 2018?

I really appreciate the comforting replies. I have to believe that with my proof of faxing my request to VG last week and VG doing its part on 12/31, I have a 2017 deduction. But, of concern is that the other firm will likely not close/settle the transaction until Tuesday after the market opens, so ...
by fundseeker
Sun Dec 31, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1914

Re: Does donation count for 2017 if donated fund shares do not settle until 2018?

Gadget, Fidelity has have reps answering the phone today to maybe help you out. Good luck! I have to believe that even if this other firm shows the donation for 2018, I can prove that it had left VG and was well on its way in 2017, and further along than just sticking a check in the mail to a church...
by fundseeker
Sun Dec 31, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1914

Does donation count for 2017 if donated fund shares do not settle until 2018?

I read the tax code and am confident that this is deductible for 2017, but hearing thoughts from others would help me to decide whether to attempt to cancel my transaction. On Friday, the 29th, VG Brokerage handled my transaction to donate appreciated shares to another firm. VG's records will show t...
by fundseeker
Fri Dec 29, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Should I Sell Gains To Minimize Losses?
Replies: 5
Views: 624

Re: Should I Sell Gains To Minimize Losses?

I am aware of Wash Rule and am willing to not buy these specific equities back anytime soon if it makes sense to minimize my losses now. Know I should talk 2 accountant but don't have one as of yet. Wash sales only apply when you sell and have a loss, not a gain. This is according to the Wiki page ...
by fundseeker
Thu Dec 28, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 3811

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

I believe Fidelity has people working all weekend to assist people with DAFs, but I do not know if VG is that interested in the DAF business.