Search found 688 matches

by fundseeker
Wed Jun 20, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: $1M Term Life Insurance
Replies: 11
Views: 1215

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: 41
Views: 2320

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: 2357

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: 18
Views: 1990

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: 18
Views: 1990

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: 3293

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: 4937

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: 8091

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: 2004

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: 1555

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: 1555

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: 2737

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: 803

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: 2255

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: 2255

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: 4605

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: 4605

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: 3069

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: 954

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: 10091

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: 12677

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: 921

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: 2380

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: 16936

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: 2404

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: 6377

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: 11426

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: 2659

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: 2659

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: 43096

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: 1366

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: 1366

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: 486

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: 1787

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: 1787

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: 1787

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: 1787

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: 1787

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: 536

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: 3403

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.
by fundseeker
Thu Dec 28, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 5731

Re: Donor Advised Fund if your tax circumstances will change in the future

Also, if you're still interested in creating an account and funding it.. I set up my DAF w/ Fidelity in about 10 minutes today, and initiated the transfer of appreciated ETF assets (mutual funds will take too long) from Vanguard via Fax. Vanguard does not require a wet signature if you are gifting ...
by fundseeker
Wed Dec 27, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 5731

Re: Donor Advised Fund if your tax circumstances will change in the future

This thread has some helpful information and helped me decide to pull the trigger today and open a DAF at Fidelity. I got that account opened online in no time with no immediate funding. Maybe it helped that I already have account(s) at Fido. I also called and was given all of the information I need...
by fundseeker
Wed Dec 27, 2017 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 4585

Re: Miata as second car

MotoTrojan wrote:
Tue Dec 26, 2017 4:52 pm
I’d buy used. Perhaps a 2nd generation S2000. More enjoyable car in my opinion and a very clean one can be had for under $10K.
If an S2000 is under $10k now adays, it must have about 200k miles on it. They are clearly in the collector car price range now.
by fundseeker
Mon Dec 25, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Deduction Question
Replies: 21
Views: 1883

Re: Charitable Deduction Question

This information is huge!!! Thanks, Katietsu! I wonder if it would help to change the title to include maybe "Mailing by 31st is acceptable." So those who became more informed over the weekend still apparently have time to donate using checks. But, I wonder if the postmark will satisfy the IRS when ...
by fundseeker
Mon Dec 25, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1241

Re: Donating shares from Vanguard

Here is the fax number they provided to my charity's broker, and that they confirmed to me was the correct fax, in case you want to give it a try: 484-582-4544. But, calling VG Brokerage first to make sure they will get this done would be the best idea. Otherwise, submitting the fax may but you at r...
by fundseeker
Mon Dec 25, 2017 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1241

Re: Donating shares from Vanguard

You cannot do it online, I know from experience last week. As instructed, I faxed them their GIFF form and they lost it! I have called them twice this week and they could not find it, so I had to fax it in again, and fortunately, they received my form this time. When I called to confirm receipt of m...
by fundseeker
Sat Dec 23, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 58062

Re: Tax Bill Omnibus Thread

(I deleted my post about one of the calculators being incorrect. I had made an error in my entries. Sorry!)
by fundseeker
Fri Dec 22, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Questions about donating appreciated fund shares
Replies: 14
Views: 1303

Re: Questions about donating appreciated fund shares

I should have listened and NOT tried to do this through VG! They still have not completed the transaction. As instructed, I faxed them their GIFF form (they do not accept the form via email), and they lost it! I have called them twice this week and they could not find it, so I had to fax it in again...
by fundseeker
Wed Dec 20, 2017 12:50 am
Forum: Personal Consumer Issues
Topic: Windows 10 Recent Updates
Replies: 22
Views: 3769

Re: Windows 10 Recent Updates

I received the Win 10 update last week and did not like it, so I had them revert my PC to its prior state. And that pretty much ruined my PC because NOTHING I could find to do would allow my PC to connect to the internet after that. I seriously spent 30 hours over the next few days dealing with the ...
by fundseeker
Wed Dec 13, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about donating appreciated fund shares
Replies: 14
Views: 1303

Questions about donating appreciated fund shares

So, our taxable fund has more than doubled, and I really want to give some of these fund shares to charity instead of using cash, but it seems like such a pain! I am trying to use VG's form for donating securities, but apparently I must have a brokerage account to pull this off. I have filled out th...