Search found 1198 matches

by ram
Sun May 19, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

Private. (You said money is not an issue.) The way I would look at it is to send the kids to the best available school. Public or private is inconsequential under the circumstances. This is from someone whose kids attended public school. My daughter was the state topper in high school and son had a ...
by ram
Sun May 19, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 2707

Re: Crazy to Sell a Newer Car for an Older Car?

I did not read all replies. But sometimes parents give their kids a safe reliable car so that they can sleep better at night. You may sell this car, buy a clunker and invest the difference but you may be spoiling their sleep in the process.
by ram
Sat May 11, 2019 10:30 am
Forum: Personal Consumer Issues
Topic: Best month to visit London?
Replies: 40
Views: 2959

Re: Best month to visit London?

England is hosting the cricket world cup from May 30 to July 14 with important matches in London. https://en.wikipedia.org/wiki/2019_Cricket_World_Cup
by ram
Sun May 05, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: College Expenses
Replies: 232
Views: 10869

Re: College Expenses

I paid the full "advertised rate" at Harvard for my daughter.
My son attended Vanderbilt University on full tuition scholarship (merit based). I only paid for room and board. This turned out to be cheaper than the instate premier school.
by ram
Sun Apr 28, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 180
Views: 15604

Re: Man’s life savings stolen from hijacked cellphone number

I am getting a yubikey for my Vanguard account. I never use a cell phone for logging on to financial accounts and typically use only 2 computers one at home and one at work. Which Yubikey is recommended. Is this one ok. https://www.amazon.com/Yubico-Security-Key-USB-Authentication/dp/B07BYSB7FK/ref...
by ram
Sun Apr 28, 2019 7:23 pm
Forum: Investing - Theory, News & General
Topic: Why an 0.57 "low correlation" represents only an 11% volatility reduction
Replies: 56
Views: 3255

Re: Why an 0.57 "low correlation" represents only an 11% volatility reduction

Nisiprius, Thanks for your excellent assessment. I agree with you that 32 basis point improvement in returns is not much. I also agree that 'stuff happens' and the stuff that happens can easily have a magnitude of 32 basis points. My question is regarding the "direction" of change when stuff happens...
by ram
Sun Apr 28, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 180
Views: 15604

Re: Man’s life savings stolen from hijacked cellphone number

I am getting a yubikey for my Vanguard account. I never use a cell phone for logging on to financial accounts and typically use only 2 computers one at home and one at work. Which Yubikey is recommended. Is this one ok. https://www.amazon.com/Yubico-Security-Key-USB-Authentication/dp/B07BYSB7FK/ref=...
by ram
Tue Apr 23, 2019 8:59 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 101
Views: 12301

Re: Call the Top!

3200.00
by ram
Fri Apr 19, 2019 8:34 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9284

Re: Thinking about selling stocks near all time highs

I am also thinking of selling. I had over corrected (market timed) in December 2018. At that time I had planned to get back to the usual AA when the stocks reached their respective new all time highs. Once the 500 index climbs 1% more I will start selling the 500 index funds. The small caps will lik...
by ram
Mon Apr 15, 2019 9:17 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 107
Views: 9391

Re: Luxury car recommendations?

Thanks much for your responses so far! Let me clarify a few common questions. It may sound crazy but I'm considering to spend a bit more on cars because I'm fortunate in a position to be able to, not because I really care about cars :-) So I'm looking for some amenity like leather seats, quieter ru...
by ram
Sun Apr 14, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: Which College? 3 years or 4 years?
Replies: 91
Views: 7564

Re: Which College? 3 years or 4 years?

I highly recommend that students who can go ahead and complete their degree requirements in 3 years. As for friends from HS, almost all will change after a semester at college. He will have mostly new friends. And they are not gonna be the normal freshman. They are gonna be the freshmen in sophomor...
by ram
Sun Apr 14, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: Which College? 3 years or 4 years?
Replies: 91
Views: 7564

Re: Which College? 3 years or 4 years?

Maybe the OP (ram) would like to tell us how his son did at Vanderbilt and whether he did end up going to medical school. :happy My son did very well at Vanderbilt for the initial 3 years before he dropped out of college. He finished the necessary premed courses in 2 years and gave the MCAT (medica...
by ram
Sun Apr 14, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Recommendations for counter depth 70" tall, 36"wide fridge
Replies: 8
Views: 673

Re: Recommendations for counter depth 70" tall, 36"wide fridge

I bought LG LFXS 30766S standard depth, french door, lower freezer model. It has a door in door which seems to be more useful than what I thought. Icemaker is small but adequate for our needs. Cant comment on reliability yet but good per consumer reports. Last fridge lasted >10 yrs with the ice make...
by ram
Sun Apr 14, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: French Door Refrigerator Recommendations?
Replies: 65
Views: 4785

Re: French Door Refrigerator Recommendations?

I bought LG LFXS 30766S standard depth, french door, lower freezer model 2 weeks ago. It has a door in door which seems to be more useful than what I thought. Icemaker is small. Cant comment on reliability yet but good per consumer reports. Last fridge lasted >10 yrs with the ice maker shut off (wat...
by ram
Sun Apr 14, 2019 12:03 pm
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 7175

Re: If you have plenty of money, why not 100% stocks in retirement?

Once a person has "plenty of money" asset allocation does not matter. Anywhere from 100/0 to 0/100 is fine. In fact I would propose that the definition of 'plenty of retirement money' should be a number that allows 100% success at 4% withdrawal for 30 years at any asset allocation ratio. (using the ...
by ram
Wed Apr 10, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Best use of 0% Long Term Capital Gains tax rate
Replies: 9
Views: 1275

Re: Best use of 0% Long Term Capital Gains tax rate

kaneohe wrote:
Tue Apr 09, 2019 11:16 pm
see p. C1 here https://www.irs.gov/pub/irs-pdf/p4012.pdf

too old to be qualifying child and earns too much to be qualifying relative so not a dependent.
Thanks
by ram
Tue Apr 09, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Best use of 0% Long Term Capital Gains tax rate
Replies: 9
Views: 1275

Re: Best use of 0% Long Term Capital Gains tax rate

I believe the 0% rate for 2019 tops out at $39,375, not $38,600 (the upper limit in 2018). Here is a great explainer (the numbers are different now than when this was written): https://www.kitces.com/blog/understanding-the-mechanics-of-the-0-long-term-capital-gains-tax-rate-how-to-harvest-capital-g...
by ram
Tue Apr 09, 2019 8:17 pm
Forum: Personal Investments
Topic: Resident Doctor... trying to maximize income
Replies: 27
Views: 2625

Re: Resident Doctor... trying to maximize income

1. Focus on developing your human capital as a physician/surgeon during your residency/fellowship and first 3-5 years as junior staff. This will provide you with a potential lifetime cash flow to meet your goals. 2. Learn to live below your means and save aggressively (20%+) as best you can. There ...
by ram
Sun Apr 07, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Best use of 0% Long Term Capital Gains tax rate
Replies: 9
Views: 1275

Best use of 0% Long Term Capital Gains tax rate

My wife and I are in a high tax bracket and so we avoid capital gains in our taxable account. For the first 6 months of this year my daughter will be a medical student with zero income. For the last 6 months of this year she will be a medical resident with an annual salary of about 60,000 or about 3...
by ram
Tue Mar 26, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: Recommendations for counter depth 70" tall, 36"wide fridge
Replies: 8
Views: 673

Re: Need recommendations for counter depth 70" tall fridge

michaeljc70 wrote:
Tue Mar 26, 2019 3:03 pm
What is the width?
Width 36"
by ram
Tue Mar 26, 2019 8:30 am
Forum: Personal Consumer Issues
Topic: Recommendations for counter depth 70" tall, 36"wide fridge
Replies: 8
Views: 673

Recommendations for counter depth 70" tall, 36"wide fridge

We live in a rural area with few stores. Prefer models that do not need parts shipped from overseas and take many weeks.
With or without icemaker are both fine. Costco is too far away for such heavy things. Thanks.
by ram
Fri Mar 22, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Thinking of renting an Audi through Silvercar in Orlando
Replies: 6
Views: 812

Re: Thinking of renting an Audi through Silvercar in Orlando

I rented it in Miami thru the Chase sapphire reserve card. Got a 30% off. Keep your cell phone charged at all times. That is your car key. Good service. A guy waiting for you in a hotel parking lot with the car. Declined all insurance as I had coverage from my usual car insurance and CC.
by ram
Tue Mar 19, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna minivan for road trips
Replies: 23
Views: 1417

Re: Toyota Sienna minivan for road trips

Honda odyssey has served us very well for road trips. For two people and a suitcase we prefer Avalon or Lexus 460 (quieter) but for 3 or more people or tent camping for 2 people we prefer odyssey (more cargo space, very good second row captains chairs)
by ram
Sun Mar 17, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 7741

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

Buy it. My wife loved it when our kids were small.
by ram
Thu Mar 07, 2019 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop and settle at one place?
Replies: 34
Views: 4380

Re: When to stop and settle at one place?

We 'settled down' when the oldest entered high school.
by ram
Wed Mar 06, 2019 12:20 am
Forum: Personal Consumer Issues
Topic: Anybody have a vehicle with ventilated driver's seat?
Replies: 25
Views: 1337

Re: Anybody have a vehicle with ventilated driver's seat?

My Lexus LS 460 has it and it is useful. I live in the snowbelt and even in summers it is not very hot. I will use different settings when on a longer drive. I guess if I was in Texas in summer I would only use the highest setting.
by ram
Tue Mar 05, 2019 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 30764

Re: [2018 tax return - How does it compare to previous years?]

Every year till 2017 I made some cash charitable donations and additional $300 to 1000 worth donations of household goods to goodwill. In 2017 I set up a donor advised fund and all cash donations during 2018 have come out of that fund. I have donated about $400 worth household goods to Goodwill in 2...
by ram
Sun Mar 03, 2019 6:34 pm
Forum: Personal Consumer Issues
Topic: Best quality car - Lexus?
Replies: 56
Views: 6267

Re: Best quality car - Lexus?

Very satisfied with my Lexus LS 460 2012. Reliable. Comfortable over 5 to 8 hrs drive. Quiet inside.
by ram
Sun Mar 03, 2019 5:54 pm
Forum: Personal Investments
Topic: Life and financial Advice please
Replies: 16
Views: 1737

Re: Life and financial Advice please

Annuity = 30 K/yr. And you are talking about 15 yrs.

If you invest 500K very safely to grow at the rate of inflation 500K will cover 16.6 yrs. (500/30) Just keep 500K separate and be your own annuity provider.
by ram
Sun Mar 03, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Satellite Phone rental for foreign travel
Replies: 23
Views: 1542

Re: Satellite Phone rental for foreign travel

Google Fi did not work for me in India. Satellite phones are banned in India.
by ram
Sun Mar 03, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Luxury vacation towns ??
Replies: 51
Views: 3956

Re: Luxury vacation towns ??

Mackinaw Island (transportation: bicycles and horse carriage only)
Door County (Egg Harbor) Wisconsin
Lake Geneva, WI
by ram
Sat Mar 02, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 3891

Re: How much does owning vehicles (cost/month)

Lexus LS
Depreciation = 5000
Finance ......= 0
Gas............=1300
Insurance....= 1300
Maintenance = 800

Total.........=8400

For 9000 miles.. = 93 cents/mile

Honda Odyssey = 55 cents/mile

50 cc scooter..= $4/mile (less than 100 miles/year)

IRS rate......... = 58 cents/mile
by ram
Sat Mar 02, 2019 2:12 pm
Forum: Personal Consumer Issues
Topic: Financial solicitation by my doctor
Replies: 71
Views: 8196

Re: Financial solicitation by my doctor

The only time I knew that one of my patients donated was when the amount was >100,000 and I was "advised" to be present at the ceremony where the donor family cut some ribbon.
by ram
Sat Mar 02, 2019 1:52 pm
Forum: Personal Consumer Issues
Topic: Repair or Sell 2002 Avalon
Replies: 32
Views: 2354

Re: Repair or Sell 2002 Avalon

viewtopic.php?t=218901&start=50

About 18 mo ago I was ready to sell my 2006 Avalon. This board gave me advice on how to fix it. It is running fine at 167 K miles at present. But I will sell it before it reaches 17 years of age.
by ram
Thu Feb 28, 2019 8:46 pm
Forum: Forum Issues and Administration
Topic: Keep Bogleheads Free! (as in unaffiliated)
Replies: 52
Views: 5359

Re: Keep Bogleheads Free! (as in unaffiliated)

I agree that Bogleheads should remain free of any advertisement/ affiliation. Perhaps once a year there should be thread thanking all the moderators for their excellent volunteer work.(forum name or real name, whatever they prefer) In the future if adequate volunteer moderators are not available the...
by ram
Wed Feb 27, 2019 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax - Foreign Tax paid question
Replies: 6
Views: 650

Turbo Tax - Foreign Tax paid question

I have some money invested in in Vanguard index funds in Total international, Europe Index, Emerging markets etc and these funds have paid international tax on my behalf. That is the only international tax that I have paid in 2018. During the "review" process of Turbotax tax filing (internet version...
by ram
Wed Feb 27, 2019 9:17 pm
Forum: Personal Consumer Issues
Topic: Financial solicitation by my doctor
Replies: 71
Views: 8196

Re: Financial solicitation by my doctor

Many large healthcare organizations believe that likelihood of getting donation is higher if it is more personalized and appears to come from the treating physician. They act on this belief. Most likely it came from the philanthropic arm of the university and your doctor had no say in the matter. Do...
by ram
Wed Feb 27, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Withdrawal Rate for an unhealthy 80 y/o woman
Replies: 43
Views: 2570

Re: Safe Withdrawal Rate for an unhealthy 80 y/o woman

Total assets= 220 K. Longevity= max 10 years. Withdraw 10 % of initial balance each year= 22 K. This disregards any growth which of course will affect her favorably. ( The growth will cover the inflation) Alternately: Withdraw 10% first year Withdraw 11% (1/9) of then balance next year. 12% ( 1/8) o...
by ram
Tue Feb 26, 2019 10:08 pm
Forum: Personal Investments
Topic: University of California - Getting Hitched!
Replies: 3
Views: 888

Re: University of California - Getting Hitched!

1. My house buying savings were in CDs of varying duration which all were payable at the time of buying the house. Stocks can be down when you need the money. 2. Read the Wiki on asset "location" Young people like you should have 100 % stocks in Roths.( better tax free growth potential) 3. The asset...
by ram
Tue Feb 26, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax and Vanguard: Importing information
Replies: 7
Views: 739

Re: Turbotax and Vanguard: Importing information

Tommy wrote:
Tue Feb 26, 2019 4:32 pm
Don't click on Vanguard icon. Type Vanguard and you need to select Brokerage Account.
This worked. Thanks everybody.
by ram
Mon Feb 25, 2019 10:41 pm
Forum: Personal Consumer Issues
Topic: Answering income question in a survey
Replies: 35
Views: 2714

Re: Answering income question in a survey

If my income is 100K in these kind of surveys I truthfully write >50K.
by ram
Mon Feb 25, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax and Vanguard: Importing information
Replies: 7
Views: 739

Turbotax and Vanguard: Importing information

I was doing my taxes today with turbotax. I was able to import dividend and interest information from Fido but not from Vanguard. Apparently Vanguard's data was not ready. However when I sign into Vanguard I can see all relevant tax forms posted there. Anybody has any advice or similar experience? T...
by ram
Sun Feb 24, 2019 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Helping sibling with limited income
Replies: 9
Views: 1151

Re: Helping sibling with limited income

1. Annuity would make sense under the situation and will annually pay more than the return on a conservative mix of stocks and bonds. She will no longer have the ability to spend away the principal. 2. With her experience related to coordinating the healthcare of on older person other families with ...
by ram
Sun Feb 24, 2019 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Liability Umbrella Policy question & "tuning"
Replies: 47
Views: 3504

Re: Personal Liability Umbrella Policy question & "tuning"

I have read these threads over the years. I have never seen a conclusive answer. Amount of Assets = Umbrella amount seems to be a common response. Has anyone personally known anyone where their Umbrella policy had to paid out? What do you have to do to have an umbrella policy kick in? I believe the...
by ram
Sat Feb 23, 2019 4:14 pm
Forum: Personal Investments
Topic: Playing it safe: How many years of living expenses near retirement?
Replies: 39
Views: 4931

Re: Playing it safe: How many years of living expenses near retirement?

Not retired yet but my tentative plan would be:
A. 15-30 days in checking/ saving ac
B. 18 to 24 months in short term govt bond index fund (treasuries)
C. some amount in 'Total Bond' such that A+B+C = 40%
D. Stocks 60%
by ram
Sat Feb 23, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 140
Views: 13479

Re: Moving to Minneapolis or Madison from the East Coast

Also, what sort of moving expenses are we looking at, for moving what's essentially a 1-Br apartment (800 sq ft reasonably filled up) across half of the continent? We currently have two cars. Would fellow posters recommend renting a large uhaul and having both cars shipped across (I think I'm comfo...
by ram
Sat Feb 23, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 140
Views: 13479

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

Not that I want to scare you from Madison, but also note that our airport is expensive. If you’re flying back to the east coast frequently, it could be a cost of living factor to consider. A $25- $30, 2 hr bus ride takes you from UW Madison campus directly to both Chicago airports and cheap tickets...
by ram
Fri Feb 22, 2019 12:45 am
Forum: Personal Consumer Issues
Topic: Visiting Hawaii- Big Island - 8 days
Replies: 24
Views: 1895

Re: Visiting Hawaii- Big Island - 8 days

Mauna Kea, similar to Hapuna, mostly hotel guests, they only allow a very limited number of non-hotel cars into the lot. My wife and daughter went to this beach and did snorkeling there. Public parking was full but hotel parking was available for $40 and goes down to $20 if you have a meal at their...