Search found 150 matches

by hale2
Wed Jun 27, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Factor Investing Makes Someone Money, But Maybe Not You
Replies: 126
Views: 9094

Re: Factor Investing Makes Someone Money, But Maybe Not You

Your thinking has changed over time, which is what I thought. That's fair and completely understandable. My initial portfolio was based on your book. It has changed somewhat over time as based on things I have learned here from you and other posters. Hopefully people on here will realize that changi...
by hale2
Tue Jun 26, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: Factor Investing Makes Someone Money, But Maybe Not You
Replies: 126
Views: 9094

Re: Factor Investing Makes Someone Money, But Maybe Not You

Rick, I recently read your excellent book All about Asset Allocation In the multi asset class portfolio you suggest 10% small value ad 5% microcap. I liked this portfolio and was thinking of moving in that direction. Has your thinking on this changed at all? Thanks very much, Deighve I was wonderin...
by hale2
Mon Jun 25, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Garrett Planning Network experiences
Replies: 14
Views: 1371

Re: Garrett Planning Network experiences

Garrett has many good advisors. However, the organization will let anyone who is qualified (ie. CFP or about to become one) and who will agree to their hourly model requirement, join. There is no quality control.
by hale2
Wed Jun 06, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78232

Re: [What TV Show Have You Recently Watched?]

+1 Even today it is absurd that an agent would have done what Stan did, but much more so in the 80s. Thanks. :sharebeer I can't tell you how annoying it was for a couple of days after the show ended seeing all these fluff pieces via online news sites talking about how touching and dramatic the fina...
by hale2
Wed Jun 06, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78232

Re: [What TV Show Have You Recently Watched?]

The ending of "The Americans" was pathetic at best. They made Stan, and by association the FBI a laughingstock. How he could just overlook the recent murder of colleagues and informants, (as well as the penetration of gov't agencies and programs), and just let them escape was beyond absurd and rend...
by hale2
Tue Jun 05, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78232

Re: [What TV Show Have You Recently Watched?]

bagle wrote:
Mon Jun 04, 2018 11:19 am
Just finished the heartbreaking finale of "The Americans". My favorite TV drama since Mad Men, Borgen and Breaking Bad.
We loved the show, but were very disappointed in the finale.
by hale2
Sat May 12, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 465
Views: 95335

Re: Bank of America Preferred Rewards

We do not use BoA's Merrill Edge programs at all, since they cannot hold Vanguard's Admiral mutual funds and we don't use any ETFs. You might want to take a look at ME again. I transferred VTSAX and VTMSX from Vanguard to ME. Both are Admiral funds. I don't know if they will accept all Admiral fund...
by hale2
Mon May 07, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial Umbrella Insurance for LLC
Replies: 2
Views: 295

Re: Commercial Umbrella Insurance for LLC

I had residential investment properties in VA that I placed in LLCs. State Farm was able to provided both the property and umbrella insurance.
by hale2
Tue May 01, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: T-mobile military deal for families
Replies: 3
Views: 688

Re: T-mobile military deal for families

I just got home from the T-mobile store after reading about this program this morning. It'll save me $60/mo for 4 lines that are currently at Verizon. Last year I switched to Verizon for a Costco Black Friday I-phone special. T-mobile is also paying the balance off for the 4 phones.
by hale2
Tue May 01, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Cellphone use in Europe now inexpensive
Replies: 23
Views: 2679

Re: Cellphone use in Europe now inexpensive

bh7785 wrote:
Tue May 01, 2018 10:09 am
dsmclone wrote:
Mon Apr 30, 2018 12:57 pm
I could care less about making calls. How is the data coverage? Who did you use?
So you do care about making calls?

Image
+1
You beat me to it.
by hale2
Tue Apr 24, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: CA Public School Teacher - Union Dues, Pension Contribution
Replies: 17
Views: 2320

Re: CA Public School Teacher - Union Dues, Pension Contribution

I believe CA teachers don't contribute to Social Security, so that's a 6.2% savings.
by hale2
Mon Apr 23, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Computershare Transfer Question
Replies: 10
Views: 1227

Re: Computershare Transfer Question

Several years ago I tried to transfer Computershare stocks to Vanguard. Ended up being a major hassle so I donated that stock to my Fidelity DAF. It went smoothly so I transferred my other Computershare holdings to a regular Fidelity brokerage account. I don't recall having to get a medallion signat...
by hale2
Sun Apr 22, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 33158

Re: KF's simple rules to achieve FI

It might be to your benefit to give some thought to some of the recommendations that people have given you. Spend a little time analyzing their recommendations for your particular situation. You might decide that making a few changes or thinking about a few things differently may make your financial...
by hale2
Sat Apr 21, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 33158

Re: KF's simple rules to achieve FI

Folks, Do not confuse lucky outcome with a smart strategy. I cannot count on being lucky and continuously employed without interruption. So, I have to plan and survive in this kind of reality. For whatever reason, this is the life that I experienced. Houston Oil Bust, Texas Saving & Loan Crisis, As...
by hale2
Sat Apr 21, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 33158

Re: KF's simple rules to achieve FI

Taking one's rather unique situation and personal mindset to come up with a set of recommendations for everyone seems...inappropriate. Exactly. If I recall correctly, the OP lives in a HCOL area and can't move for family reasons. Also, he pretty much got wiped out during the tech bust and works in ...
by hale2
Fri Apr 20, 2018 11:02 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 33158

Re: KF's simple rules to achieve FI

I stopped taking it seriously after reading the unrealistic absurdity of #1. Some of the other "rules" make sense.
by hale2
Thu Apr 19, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 17673

Re: Can I retire at age 40?

This thread is hilarious. Make sure to save enough for the divorce that will come when your wife works as a teacher while you sit at home. Not to mention the work ethic that you'll be instilling in your children. Find a different job. The beauty of your position is that it can pay less, so you have...
by hale2
Wed Apr 18, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Use 25k From Brokerage Account For Investment Property?
Replies: 29
Views: 2504

Re: Use 25k From Brokerage Account For Investment Property?

Most property management firms ask 10% of actual rental income. The firm you are asking about wants 15%. Why? Ralph Probably because it's an area with low rents so the property manager wants a minimum fee each month. I have properties in a higher cost area and I pay 8%, which comes out to about the...
by hale2
Wed Apr 18, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 59
Views: 7701

Re: Cash instead of bonds?

Specifically, when you will you sell equities vs. your cash? When equities were up? Over what time frame? The last month, quarter, year? When will you begin replenishing a depleted cash reserve? When stocks are up from the trough, when they're back up to where they were before, or somewhere else? P...
by hale2
Fri Apr 13, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Independent Certified Financial Planner
Replies: 15
Views: 1634

Re: Vanguard vs Independent Certified Financial Planner

Are you just looking for a CFP to do an asset management review? If so, then you're fine going with the free Vanguard option. I used the Vanguard CFP several years ago and was provided a good, solid asset allocation plan. But they are not able to do a full financial plan, which sounds like what you ...
by hale2
Sat Mar 31, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Federal survivor benefit decision help needed
Replies: 19
Views: 2030

Re: Federal survivor benefit decision help needed

I recommend 25% SBP plus the term policy. You have plenty of money to cover things when the policy expires. Also, remember, the 250k term policy is income tax free while the pension is taxable.
by hale2
Tue Mar 20, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on the way - Will/Trust needed?
Replies: 9
Views: 912

Re: Baby on the way - Will/Trust needed?

Once your baby is born, you and your wife should update your will to specify who will be the guardian of your child in the event both of you die before your child's 18th birthday. You can (we did) do wills before baby is born specifying child(ren) - without naming - with a testamentary trust until ...
by hale2
Tue Mar 20, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: Suggestions or remedy for a fire on our apartment complex...
Replies: 13
Views: 1623

Re: Suggestions or remedy for a fire on our apartment complex...

Give 'em a break... there was just a fire in the building! I highly doubt they owe you a gym membership since there was a fire in the fitness room. I find it odd and rude you would even think that way. The fitness room is a perk not a right. I'd suggest, work out outside for a bit while they get th...
by hale2
Tue Mar 13, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: As a home buyer, do you use your own realtor or agent?
Replies: 25
Views: 2299

Re: As a home buyer, do you use your own realtor or agent?

How do you choose an agent? My area is full of them so how do I choose? In the past I've contacted names that I see a lot around the area, only to find out they have a team so you really don't know anything about the person who contacts you from the team. Others just seem to talk a good game, until ...
by hale2
Fri Mar 02, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve versus BOF premium rewards
Replies: 48
Views: 6502

Re: Chase sapphire reserve versus BOF premium rewards

I am all for maximizing credit card benefits (and I have lots and lots of credit cards for this reason), but moving six figures of assets to Merrill (or anyone else) just to get a few extra basis points in cash back (or points) is a bridge too far for me. YMMV. If you spend a lot, it might be worth...
by hale2
Thu Mar 01, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax reform SALT affecting in Bay Area?
Replies: 67
Views: 9637

Re: Tax reform SALT affecting in Bay Area?

I guess the big difference is since AMT wasn't an issue for you the loss of state tax deductibility hits you hard. I've been dealing with AMT for years, preventing me to be able to take the deduction. As a result I'm not losing a deduction that I didn't have. Yes. I guess I'm technically upper midd...
by hale2
Thu Mar 01, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tax reform SALT affecting in Bay Area?
Replies: 67
Views: 9637

Re: Tax reform SALT affecting in Bay Area?

What was the pre-2018 benefit in terms of cost? Assuming most of it is the property taxes? Am I right to assume they're $28,000? For me personally in 2016, it was about as below : $12 property tax $10k state income tax $12k mortgage interest ("small" mortgage, about $320k at 3.375%) $4k charitable ...
by hale2
Sun Feb 25, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle: Hourly financial planning
Replies: 44
Views: 5041

Re: Side Hustle: Hourly financial planning

Make sure you look into the various regulations for providing financial advice. It is rather burdensome if you are just going to do it as a side gig.
by hale2
Sun Feb 25, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: I week in California, Road Trip Planning
Replies: 64
Views: 3894

Re: I week in California, Road Trip Planning

OP you haven’t provided enough background about your interests and reasons for considering a move to CA What do you know about Sacramento that draws you to there? I’ve been there a few times and it’s a fine place, but there are countless cities in the US that are incredibly similar and far cheaper,...
by hale2
Sun Feb 25, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employees, leading up to retirement?
Replies: 109
Views: 8146

Re: Federal Employees, leading up to retirement?

Join fersguide.com. The guy running it is a retired fed and is very knowledgeable. You get access to his presentations as well as his guide. In addition, as a member you can email him questions about your specific situation. It's only $15/yr. Just joining for 1 year as you transition would probably ...
by hale2
Sun Feb 25, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Military FIRE; 7 years to go & losing motivation--HELP!
Replies: 36
Views: 3670

Re: Military FIRE; 7 years to go & losing motivation--HELP!

The problem is that I've recently been struggling with the lifestyle that being in the military entails. We are about to PCS to my sixth duty station with a 15 month old and will likely have to uproot our lives at least twice more before my retirement. Does anyone else on the path, or who has alrea...
by hale2
Sun Feb 25, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: bypass trusts still good?
Replies: 8
Views: 733

Re: bypass trusts still good?

You're in California. Most property owners in California have trusts to avoid the excessively costly probate in CA. That might be why your attorney recommended you keep it. Other people have already pointed out the other reasons that people have them. I'm sure your attorney discussed why you should ...
by hale2
Sun Feb 25, 2018 2:28 am
Forum: Personal Consumer Issues
Topic: I week in California, Road Trip Planning
Replies: 64
Views: 3894

Re: I week in California, Road Trip Planning

I think you mentioned in your earlier post that you don't like temps higher than 80 degrees. If you are still holding to that then Sacramento is not for you. I lived there for several years and there was a lot I liked about it. But the summer heat was not one of those things.
by hale2
Fri Feb 16, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: Repairing Stucco: A Case of Contractor Gouging
Replies: 39
Views: 3096

Re: Repairing Stucco: A Case of Contractor Gouging

I have definitely had to deal with a few times. I had properties in Northern Virginia. If I called a contractor based in Fairfax County the price was always higher than a contractor in Prince William County, even if the property was in Fairfax. Since you're in San Diego, take a look at contractors f...
by hale2
Thu Feb 15, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: Dental chews for dogs....useful?
Replies: 36
Views: 2317

Re: Dental chews for dogs....useful?

We've been giving our dogs dental chews for years. I don't know if they have helped. For us it has seemed more breed specific. Our German Shepherds have never had dental problems, but the Greyhounds always have, despite the dental chews.
by hale2
Fri Jan 26, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Federal pension Vs Higher salary + 401k savings plan
Replies: 35
Views: 3602

Re: Federal pension Vs Higher salary + 401k savings plan

What pension calculator are you using? As many others have said, FERS is 1% per year of service, so it would be 25% of your high 3 if you do 25. There are some speciality groups (ie. law enforcement, air traffic control, etc) who do get more, but that is still only 1.7% for the first 20 years, then ...
by hale2
Tue Jan 23, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Swing Shift vs 8-5
Replies: 36
Views: 2974

Re: Swing Shift vs 8-5

I agree with all of the comments about how tough swings are compared to 8-5. It definitely takes a toll. People should keep this in mind when a law enforcement or military guy posts about wanting to leave as soon as he is retirement eligible (or even before) despite a much bigger payout if he stays ...
by hale2
Tue Jan 09, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Cash-out refinance to REDUCE equity?
Replies: 18
Views: 1735

Re: Cash-out refinance to REDUCE equity?

Moving to an equal value house with a new mortgage in California would be a problem. Due to Proposition 13 limits, a house that you have lived in for a long time will have much lower property tax than if you move to a new house of the same value. False. You can transfer your current low property ta...
by hale2
Sat Jan 06, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 10718

Re: Effects of extreme cold weather

I think I need to bookmark this page and read it again just before I pay my excessively high CA taxes. Might take a little of the sting out of it.
by hale2
Mon Jan 01, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 72
Views: 8549

Re: Using Vanguard’s advisors

Probably cheaper and better individual advice to go with a fee only planner that charges by the hour or project. You'll end up getting more than just a boilerplate asset allocation. If you feel you need additional help just pay the person for an annual review. I'm sure they'll be willing to help you...
by hale2
Sun Dec 24, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: What ever happened to the Larry portfolio?
Replies: 120
Views: 13745

Re: What ever happened to the Larry portfolio?

kerplunk wrote:
Sun Dec 24, 2017 5:03 pm
Personally, I don’t care what Mr. Swedroe thinks.
It's comments like this that drove him away. If you don't agree, that's fine, but no need to be rude.
by hale2
Mon Dec 11, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 52147

Re: USAA 2.5% Cash Back Credit Card

Thanks for the heads up on the Penfed 2% card. I was thinking about Citi Doublecash, but I think I'd prefer the credit union (Penfed). The nice thing about the Citi doublecash card is the generous price protection program. That's paid me out probably $700 this year and I only recently started using...
by hale2
Mon Dec 11, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1044
Views: 184751

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I used this last year. I applied under the link so they had the code. I was later asked again for the code. I guess they wanted to make sure I didn't stumble onto the link with the $1k bonus. I gave them in the info again and received the bonus. I recommend you keep a screen shot of the offer in cas...
by hale2
Mon Dec 11, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4546

Re: Vanguard Investment Advice

I think we have discovered that the actual recommendation is to hold total US and ex-US stock and bond index funds. The breakout by size and duration is simply how those funds distribute and is not a calculation of what to hold by asset sub classes. The whole thing seems confusing and disingenuous....
by hale2
Sun Dec 10, 2017 10:21 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 3480

Re: Espresso Machine suggestions?

I've developed a bit of an addiction to lattes. I'm pretty frugal in most other areas so I don't mind buying a few every week for myself and DW. What I do mind is the time it takes to drive to the other side of town to get a decent one. I was thinking of trying to make my own in house so I don't ha...
by hale2
Sun Dec 10, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 3480

Re: Espresso Machine suggestions?

I've developed a bit of an addiction to lattes. I'm pretty frugal in most other areas so I don't mind buying a few every week for myself and DW. What I do mind is the time it takes to drive to the other side of town to get a decent one. I was thinking of trying to make my own in house so I don't ha...
by hale2
Sat Dec 09, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 3480

Re: Espresso Machine suggestions?

Gaggia Classic. Reasonable price, simple to use & works like a dream. I use distilled water only so I never have to descale it. +1. I've had mine for over 5 years and love it. Still works well. You can get one for under $400. Like others have said, it's more important to spend the money on the grin...
by hale2
Fri Dec 08, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 8102

Re: Mortgage as percentage of take-home pay

hale2, << purchasing something well within your means is different .>> In order for this phrase to be meaningful, what do you mean by this? Let's put a number on this. The common number used by my "House Poor" peers are 3 times their gross household income. They believed that they are purchasing wi...
by hale2
Fri Dec 08, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 8102

Re: Mortgage as percentage of take-home pay

Klang, It doesn't need to be all or nothing. I know you know plenty of people who got in over their head with the price they paid for a property, so do I. And like you, some of those people lost it. That doesn't mean you need to wait until you have all of the cash before buying. People need to have...