Search found 1419 matches

by sperry8
Mon Jan 15, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: Any high-end skincare products worth it?
Replies: 37
Views: 2919

Re: Any high-end skincare products worth it?

I have used this hydrator on the recommendation of my dermatologist: https://www.gloskinbeauty.com/daily-hydration She also recommded using this cleanser before the hydrator http://www.rhondaallison.com/Cleansers.html?products=171 After almost a year of using them I can see a marked difference in my...
by sperry8
Tue Jan 09, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 338
Views: 31063

Re: Year 2000 retirees using the '4% rule' - Where are they now?

There is always discussion regarding withdrawal rates and what is safe. Those who retired in the year 2000 have probably had the roughest road of any retirees in terms of market returns since the early 1970s. Let's take a look to see where they would be today, 18 years later, if they had used a 4% ...
by sperry8
Thu Jan 04, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 44
Views: 8185

Re: Vanguard Money Market vs. Savings Accounts

Is one allowed to invest in Vanguard Prime Money Market via another bank? For example, with Citibank I can enroll in their Citi Personal Wealth Management acct to buy stocks/etfs. However, am I also allowed to buy Vanguard Prime Money Market via these sorts of accounts?
by sperry8
Wed Jan 03, 2018 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Ally CD - No Penalty CD Help/Advice Needed
Replies: 30
Views: 3635

Re: Ally CD - No Penalty CD Help/Advice Needed

Rates dropped tonight. 1.6% APY for no penalty CD and back down to 1.7% for the 1 yr CD. Hope all of you got in while the rates were higher! :moneybag
by sperry8
Fri Dec 29, 2017 1:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 153
Views: 24594

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

My on-line bank savings account is 1.30% so no surprise that VMMXX is 1.34%. I think people forgot that bank and brokerage money market accounts can and do pay interest. :mrgreen: I hadn't paid attention to it in years. But at today's SEC yield of 1.36% APY - it's finally competitive. Sad we can't ...
by sperry8
Wed Dec 27, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 85
Views: 4903

Re: How do Bogleheads save on eyeglasses?

I really like EyeBuyDirect because they offer a 2 week exchange/refund no questions asked and a full 1 year warranty on the lens and frames. I broke one after 6 months and they replaced it, no question. No other online shop offers such a good warranty. You can sign up to be notified of their sales ...
by sperry8
Mon Dec 25, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 85
Views: 4903

Re: How do Bogleheads save on eyeglasses?

Can check here too: viewtopic.php?f=11&t=214127

Zenni was my most recent purchase. We shall see how good they are, they come this week.
by sperry8
Mon Dec 25, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Implications of tax bill on residential real estate (house prices)
Replies: 62
Views: 5678

Re: Implications of tax bill on residential real estate (house prices)

If you own a $3mm home and pay $30k in real estate taxes, even assuming you could deduct none of that (and used to deduct all of it) you would owe 37% of that or $11,100. So the value of my $3mm home would drop by about $11,000 at most. That will probably be offset by stock portfolio appreciation. ...
by sperry8
Sat Dec 23, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1 year cd vs 11 month no penalty
Replies: 4
Views: 877

Re: Ally 1 year cd vs 11 month no penalty

I opened 2 no penalty CDs at 1.75% APY rather than the 1 year. For the .25% APY difference and the expectation that rates can go up in March/June, I felt it was a wash.
by sperry8
Fri Dec 22, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Is it wise to convert my VG Index fund to its ETF counterpart?
Replies: 1
Views: 285

Is it wise to convert my VG Index fund to its ETF counterpart?

Hello all, I currently own VFIAX (Vanguard Admiral 500 Index). I have owned it for almost 20 years and have bought more over the years. So my cost basis on Spec ID is all over the place. I don't anticipate any need to sell it in the near term. It hasn't generated capital gains in 16 years although i...
by sperry8
Thu Dec 21, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48788

Re: Tax Bill Omnibus Thread

The deduction for state and local income, sales and property taxes is capped at $10,000. When does this start? 2017 or 2018?
by sperry8
Wed Dec 20, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48788

Re: Tax Bill Omnibus Thread

I have no idea how existing and/or unused AMT tax credits will be handled under the new law, but my suspicion is that the unused credits simply go "poof" and disappear, much like they would if you couldn't use them all up in time (say, for example, in regards to unused foreign tax credits). If you ...
by sperry8
Wed Dec 20, 2017 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48788

Re: Tax Bill Omnibus Thread

My question for you is: does that practically mean that, since my W2 income level for 2018 will stay the same, I will essentially be able to recoup a large amount of this 50k next year because of the AMT tax credit I will generate this year, and the much lower amount of AMT that will be generated n...
by sperry8
Wed Dec 20, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawing cash from online bank without a local bank account
Replies: 18
Views: 1682

Re: Getting large amounts of cash with no local bank

DanMahowny wrote:
Wed Dec 20, 2017 12:13 pm
I have a checking account with Schwab Bank.

I'm able to withdraw up to $5,000 cash (all $100 bills) when I'm in Vegas (I do this often). All associated fees are auto-reimbursed.
Yes, but when you're leaving Vegas, where will you deposit the $10,000 you leave with? :beer
by sperry8
Wed Dec 20, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Only buying stocks during a recession/downturn
Replies: 14
Views: 1679

Re: Only buying stocks during a recession/downturn

Hi All, Wondering if there is any data on only buying stocks during a recession/downturn but NOT limiting yourself to the US/total international indexes. For example, South Africa/Nigeria are both coming back from a recession, and at any given point in time there is always at least one country in r...
by sperry8
Wed Dec 20, 2017 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Accountant fees reasonable?
Replies: 39
Views: 3195

Re: Accountant fees reasonable?

I am being fleeced. I pay anywhere between $3000-$6000 annually. She does taxes for me, and for my single member LLC. I will allow her to do 2017 and then I'm moving on to lower my costs.

Where does everyone find these low priced accountants?
by sperry8
Wed Dec 20, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: LLC - accounting and taxes for 2017
Replies: 10
Views: 749

Re: LLC - accounting and taxes for 2017

I too have used an accountant for my LLC which is a single entity LLC. She simply uses Schedule C and I am currently considering do taxes myself going forward.
by sperry8
Wed Dec 20, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 94
Views: 14404

Re: Best place to get eyeglasses / no vision insurance

... Weirdly the phone rep told me to subtract 3mm from the pupillary distance I had from my eye doc. Can't understand why (he didn't explain) so I just subtracted 1mm, and will hope. ... Were these for reading? When you focus on closer objects, your eyes turn slightly inward. Yes, they were for rea...
by sperry8
Tue Dec 19, 2017 11:39 pm
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 94
Views: 14404

Re: Best place to get eyeglasses / no vision insurance

I just ordered my first pair of prescription glasses from Zenni. $28! Hundreds less than the eye doctor. Weirdly the phone rep told me to subtract 3mm from the pupillary distance I had from my eye doc. Can't understand why (he didn't explain) so I just subtracted 1mm, and will hope. But for this pri...
by sperry8
Tue Dec 19, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: CD perks
Replies: 13
Views: 1726

Re: CD perks

TD Ameritrade shows you a list of "negotiated CDs". Some of the CDs being offered are by banks who offer less to the public directly on their websites.
by sperry8
Tue Dec 19, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 49
Views: 9335

Re: Synchrony vs Ally

Its great to hear the favorable experience with Ally. I tried on my work computer and filled out an account, funded the 11-month no penalty CD at Ally. The transaction was confirmed, and I should start accruing interest within 3 days :) Being honest, I didn't much like the interface of the Ally web...
by sperry8
Tue Dec 19, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 30936

Re: Ally Bank 11 month No Penalty 1.75%

Ally Ten Day Best Rate Guarantee . When you fund your CD within 10 days of your open date, you’ll get the best rate we offer for your term and balance tier if our rate goes up within that time. The Ally Ten Day Best Rate Guarantee also applies at renewal. So I just got off the phone with them. The ...
by sperry8
Tue Dec 19, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 30936

Re: Ally Bank 11 month No Penalty 1.75%

I closed out a 1.5% No-Penalty cd for the 1.6% rate within the last week...so with the "ten day, best rate guarantee" I should receive the highest rate offered during the period automatically. Thanks for the heads up. I'll verify that it is in effect when the grace period ends. :beer Oooh, thanks! ...
by sperry8
Mon Dec 18, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12711

Re: Bitcoin

by sperry8
Sun Dec 17, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 151
Views: 8986

Re: How much do you spend on food per month, per person?

Over the past 2 months I spent:
1- ~$750 p/mo for one person on groceries. All Organic at Whole Foods. :shock:
2- ~$1,000 p/mo for eating out with alcohol (includes a 2nd person some of the time).

So $1,750k per month. Hey, what can I say... I love sushi and good food!
by sperry8
Sun Dec 17, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 30936

Re: Ally 11 month CD with no penalty vs regular high yield saving account

I have both the Ally no Penalty CD @ 1.6% and the CIT Bank no penalty CD @ 1.55%. Higher interest than the money market/savings accounts and no penalty if I need the money. Everyone should do this if they meet the minimum. Always amazes me how much free money people leave on the table.
by sperry8
Fri Dec 15, 2017 1:18 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 180
Views: 17124

Re: Call the top! - Bitcoin

$265,700
Aug 2019
by sperry8
Fri Dec 15, 2017 1:15 pm
Forum: Personal Consumer Issues
Topic: Getting rid of junk mail?
Replies: 21
Views: 1483

Re: Getting rid of junk mail?

I use Catalog Choice and DMAs opt out. I call every company who slips through and email them too. I've been doing this for over 10 years and although I've reduced it I still get tons of crap. It is stunning that one cannot get off their lists. :annoyed
by sperry8
Wed Dec 06, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 190
Views: 36169

Re: Best HSA (2017)

I see these "best HSA" threads every so often, and I never understand why everyone who wants an HSA investment account doesn't go with the Saturna brokerage account. This is Bogleheads -- we all want the lowest fees, right? HSA investment accounts charge fees in three ways: 1. Per-trade fee 2. Mont...
by sperry8
Tue Dec 05, 2017 12:24 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3272

Re: Card declined - blocked country

That said, since you specifically told them you'd be traveling to the UAE, I understand why you're miffed that they didn't at least reach out and say, "Oh, hey, by the way, even though you sent in this form, your card still won't work in the UAE." And even when I asked if they have a list with othe...
by sperry8
Tue Dec 05, 2017 12:22 am
Forum: Personal Consumer Issues
Topic: Understanding the World of Credit Card "Points"
Replies: 60
Views: 3577

Re: Understanding the World of Credit Card "Points"

It's a continuum. On one end, you can effortlessly get 2% to 5% cash back on all your purchases, and if you don't do this you're just leaving money on the table. On the other end is the world of "churning" where you can make a lot of money with signup bonuses and "manufactured spending" but it's a ...
by sperry8
Tue Dec 05, 2017 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Fisher Investments
Replies: 14
Views: 2011

Re: Fisher Investments

I used them in the past. Was underwhelmed. They couldn't beat the benchmark over a 3 year test period I gave them. They didn't even want me monitoring them against a benchmark. Sales rep got terribly upset when I decided to leave.

Don't bother. Move on.
by sperry8
Mon Dec 04, 2017 6:42 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11585

Re: After financial independence, do you lose motivation for work?

I lost my motivation to "work". But that's because my sole reason for work was money. Once attained, the reason was removed and thus what was left was "work" without reason and who is motivated to do that? For those that say they haven't lost their motivation, they likely had an alternate reason fo...
by sperry8
Sat Dec 02, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 20628

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Because suddenly there will be millions of more millionaires all chasing a limited supply of goods and services. Hyperinflation would impact only Bitcoin, not more stable currencies. As long as the newly created value remains in Bitcoin , that additional "wealth" can appear stable. But whenever any...
by sperry8
Sat Dec 02, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 516
Views: 51932

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

So I've been trying to decide if it is worth it to trade now (while it's free to switch) or to just sit tight and pay the $6.95 fee when I need to trade in the future. I currently hold VSS VOE (ER .12%) --> MDYV (ER .15%) VBR (ER .06%) --> SLYV (ER .15%) I hold $6k of VOE and $3k of VBR in a non-tax...
by sperry8
Sat Dec 02, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: At what spread would you invest in a short term CD vs a High Yield Savings Account?
Replies: 15
Views: 1501

Re: At what spread would you invest in a short term CD vs a High Yield Savings Account?

It seems like it would take as long to set up as the time spent creating and reading this thread. I got an offer to refi my car that would save me about 200 and decided not to. So I guess my answer is no, but I think that would take more effort. It always amazes me how many people won't spend 15 mi...
by sperry8
Sat Dec 02, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 20628

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Because suddenly there will be millions of more millionaires all chasing a limited supply of goods and services. Hyperinflation would impact only Bitcoin, not more stable currencies. As long as the newly created value remains in Bitcoin , that additional "wealth" can appear stable. But whenever any...
by sperry8
Sat Dec 02, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: At what spread would you invest in a short term CD vs a High Yield Savings Account?
Replies: 15
Views: 1501

Re: At what spread would you invest in a short term CD vs a High Yield Savings Account?

1-year treasuries are yielding 1.62% and they trade free at most places. I wouldn't sacrifice the liquidity of treasuries for the extra yield with a CD if you are going to hold it to maturity. Six months ago CDs and savings accounts had an edge over treasuries at the short end of the yield curve, t...
by sperry8
Sat Dec 02, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 20628

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

It seems quite weird to me that it can hold and increase its value. Here you have something created out of thin air that is going straight up and that anyone and everyone can buy into and become rich. Now some may argue Bitcoin is limited... but cryptos are not. There are over 1,000 of them. People ...
by sperry8
Sat Dec 02, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 516
Views: 51932

Re: Fellow TDA bogleheads

There's several SPDR® Portfolio funds. The SPDR® Portfolio site is currently "down for maintenance." :? Up for me at the moment. Here's a list, though I didn't check if all are free at TDA: https://us.spdrs.com/en/strategies/spdr-portfolio-low-cost-etfs/view-all-spdr-portfolio-etfs It is back up no...
by sperry8
Sat Dec 02, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade fund replacement
Replies: 49
Views: 5854

Re: TD Ameritrade fund replacement

I've stated this in a few threads, but I'll repeat here. The current bid/ask spread on the State Street funds isn't the greatest, and if exchanging funds in a tax advantaged account, it's still going to have a cost. If there is a chance to transfer in kind to another brokerage, at least one of whic...
by sperry8
Sat Dec 02, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: At what spread would you invest in a short term CD vs a High Yield Savings Account?
Replies: 15
Views: 1501

Re: At what spread would you invest in a short term CD vs a High Yield Savings Account?

For me, 1%. Less than that isn't worth the headache. I chose not to even bother with Ally's no risk CD over their straight savings account. I do exactly the opposite of this and have my whole investing life. I chose the highest APY CD's when I can, chose lower Expense Ratios for funds/etfs and choo...
by sperry8
Fri Dec 01, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11585

Re: After financial independence, do you lose motivation for work?

I lost my motivation to "work". But that's because my sole reason for work was money. Once attained, the reason was removed and thus what was left was "work" without reason and who is motivated to do that? For those that say they haven't lost their motivation, they likely had an alternate reason for...
by sperry8
Fri Dec 01, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7730

Re: Does it make sense to drop health insurance?

I recently retired from the quarry (early retirement). The wife (Wilma) and I are too young to go on Medicare so we buy health insurance on our own through the individual market. In our town of Bedrock, premiums are going up big-time in 2018. We will have to pay more than $1,300 per month for our f...
by sperry8
Thu Oct 19, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 1138

Re: Changing State Residency - how to handle health care?

Many plans affiliate with national networks. The first task is to see if suitable providers in your FL location are in-network for your current insurance plan. If there are not in-network providers in FL, the second step is to see if out-of-network care is covered or affordable. Most likely, everyt...
by sperry8
Thu Oct 19, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 1138

Re: Changing State Residency - how to handle health care?

Hello all, I am moving to Florida from California. I will be officially in FL in November during the open enrollment period. I understand that when one applies during the open enrollment period the soonest one can get the new health plan is Jan 1, 2018. However I have need to see a specialist in No...
by sperry8
Thu Oct 19, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 1138

Re: Changing State Residency - how to handle health care?

Moving to another state is a qualifying event, so you would not need to wait for open enrollment. Also, your CA plan might not cover in FL (or might only cover emergencies). You should have a plan on how to handle the transition before you move to be sure you have continuous coverage and also to av...
by sperry8
Wed Oct 18, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 1138

Changing State Residency - how to handle health care?

Hello all, I am moving to Florida from California. I will be officially in FL in November during the open enrollment period. I understand that when one applies during the open enrollment period the soonest one can get the new health plan is Jan 1, 2018. However I have need to see a specialist in Nov...
by sperry8
Fri Sep 15, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12711

Re: bitcoin is crushing hard now

bitcoin is crushing now finally And the next day (today) it's bouncing right back. The volatility in Bitcoin and Alt-coins is amazing. Seems like it could be a day traders paradise. I still don't own any cryptos... although I have opened accounts. Some friends have made 4x in very short order. It's...
by sperry8
Sat Aug 26, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Wait & You'll Likely Miss Out
Replies: 74
Views: 10844

Re: Larry Swedroe: Wait & You'll Likely Miss Out

columbia wrote:
Wed Aug 23, 2017 6:20 am
Despite the irritating circumstances of someone here chasing Larry away, I appreciate the continued discussions of his articles.
Seriously? That's so sad. He was a true asset to this board and one of the reasons I frequented here. :shock: