Search found 753 matches

by wfrobinette
Wed Dec 04, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: Finally got my 3% ARM mortgage
Replies: 16
Views: 2396

Re: Finally got my 3% ARM mortgage

Thanks for the data point. Can you tell us the APR and APY from your loan docs? Where would I find that? What will they tell you? It tells you if you’re really getting 3 percent, and really getting a no cost refinance, or if they rolled some costs into the mortgage. It's really a no cost mortgage. ...
by wfrobinette
Wed Dec 04, 2019 5:15 pm
Forum: Personal Consumer Issues
Topic: Found hidden safe, should we crack?
Replies: 291
Views: 79740

Re: Found hidden safe, should we crack?

I recently watched an HGTV show where a couple bought a bank and converted it to their home. They left the safety deposit boxes which were locked when they bought the bank. They open a dozen every year and have discovered all kinds of treasures. I vote on having it opened. I remember wasting severa...
by wfrobinette
Wed Dec 04, 2019 5:08 pm
Forum: Personal Investments
Topic: Choosing between 529 Plans
Replies: 22
Views: 832

Re: Choosing between 529 Plans

My wife and I had our first kid and we are now in the process of researching a 529 plan to get started for the new kiddo. We've determined that we want to set up the account, despite our state (KY) offering no tax benefits. Additionally, we have relatives who would like to contribute to this accoun...
by wfrobinette
Wed Dec 04, 2019 4:51 pm
Forum: Investing - Theory, News & General
Topic: When a company repurchases its shares, does the company become less valuable?
Replies: 61
Views: 3984

Re: When a company repurchases its shares, does the company become less valuable?

It is a way of juicing your EPS when you can't grow much organically. IBM did this for years to increase their EPS (same earnings divided by shrinking number of shares) and it hasn't done much to actually increase shareholder wealth. I'd rather have the cash dividends I'd rather have whatever gives...
by wfrobinette
Wed Nov 27, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: What to replace my 2010 Q5 with
Replies: 39
Views: 2337

Re: What to replace my 2010 Q5 with

Porsche Macan. It's actually based on the Q5 platform, but I've driven both (we've had the Macan for a couple of years), and the Macan is definitely not a gussied-up Q5. Brilliant ride and handling. It does get pricey if you lard it up with options. We've had no problems with ours, and I think the ...
by wfrobinette
Wed Nov 27, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Apple Watch 5. 40 mm or 44 mm. Cellular or not.
Replies: 22
Views: 2057

Re: Apple Watch 5. 40 mm or 44 mm. Cellular or not.

My wife has decided to buy a Apple watch 5. She is not sure which one to get. We have never had any apple watch as yet. She does not run (other than on a tread mill) or do other activities which would make it difficult to carry the phone. So she is thinking that cellular is not needed. (Added: Her ...
by wfrobinette
Tue Oct 29, 2019 2:57 pm
Forum: Personal Consumer Issues
Topic: Old bourbon whisky
Replies: 26
Views: 4259

Re: Old bourbon whisky

I have a bottle of pappy. Don’t know how I got it as I don’t drink bourbon. I probably bought for a party at home for less than $100 and never opened it. Didn’t know it had appreciated that much in value until a friend was looking at my booz collection and was impressed that I had pappy 😂😂. Still h...
by wfrobinette
Tue Oct 29, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Old bourbon whisky
Replies: 26
Views: 4259

Re: Old bourbon whisky

If you come across any Pappy, I'll take it. :-) https://blogs.wsj.com/corporate-intelligence/2013/07/08/meet-the-bourbon-so-popular-even-billionaires-cant-find-a-bottle/ I have a bottle of pappy. Don’t know how I got it as I don’t drink bourbon. I probably bought for a party at home for less than $...
by wfrobinette
Fri Oct 25, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 5105

Re: First Republic Bank doesn’t have physical coins

Slightly off topic - I believe the US should: 1. Eliminate the penny and nickel coins 2. Eliminate the $1 and $2 paper bills 3. Add a $2 coin and promote the $1 coin 4. Eliminate the quarter coin 5. Add (or replace) 50 cent coin with smaller coin 6. ALL financial transactions (whether paper currenc...
by wfrobinette
Fri Oct 25, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 5105

Re: First Republic Bank doesn’t have physical coins

I have a First Republic Bank account that I use for a small business, but I was mostly using the online website and rarely stepped into the branch. But last week I needed to withdraw a small amount in cash, to make the books balance. So I headed into the local branch and asked to withdraw $15.42. M...
by wfrobinette
Fri Mar 22, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Best courses and books on negotiation
Replies: 23
Views: 2756

Re: Best courses and books on negotiation

Never Split the Difference: Negotiating As If Your Life Depended On It Hardcover – May 17, 2016 by Chris Voss (Author), Tahl Raz (Author) Just finished this book. This guy met with these so called top negotiators at Harvard and schooled them. I wouldn't spend a dime on any training classes until yo...
by wfrobinette
Fri Mar 22, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Failed Testing - Can distribution be used into Solo 401k?
Replies: 4
Views: 360

Re: 401k Failed Testing - Can distribution be used into Solo 401k?

Hi all, I scoured the forum but couldn't find this scenario posted ever. 1) In the first half of 2018 I worked (W-2) for a small consulting firm and left at the end of May. I maxed out my 401k fund ($18,500) there knowing I would take some time off. 2) In September I started my own consulting one-p...
by wfrobinette
Fri Mar 22, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: What is the official nail clippers of the Boglehead Community?
Replies: 30
Views: 2511

Re: What is the official nail clippers of the Boglehead Community?

Yooper16 wrote:
Wed Mar 20, 2019 9:34 pm
For our dogs--- its a Dremel with sanding discs.

For us cheapies at the drug store.
Tried that and the dogs hate it.
by wfrobinette
Fri Mar 22, 2019 1:29 pm
Forum: Personal Consumer Issues
Topic: Lawnmower(s)
Replies: 43
Views: 3587

Re: Lawnmower(s)

Buy a Toro or Honda from a power equipment dealer rather than a big box store. They generally will carry better models, and the people putting them together know what they're doing. Will also help you start a relationship with the folks that will be doing your service down the line. +1 I prefer the...
by wfrobinette
Sat Mar 09, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Received 2 W-2s from same employer - what to do
Replies: 19
Views: 1947

Re: Received 2 W-2s from same employer - what to do

dbr wrote:
Sat Mar 02, 2019 9:08 am
Very possibly TaxAct does not support filing of local taxes. That would mean you have to obtain a local tax return form, fill it out, and mail it in. They probably have some ability to file online as well.
Bingo!
by wfrobinette
Sat Mar 09, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 11694

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

Multiple factors place the parents at risk. Sorry for positing the worst case scenario, but it's more prudent to plan in that regard. - SS benefits will be cut when one recipient dies. - If the survivor benefit of the pension is anything less than 100% monthly income will be reduced when the former...
by wfrobinette
Sat Mar 09, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Received IRS notice CP 2000 asking more tax. Need help.
Replies: 30
Views: 4319

Re: Received IRS notice CP 2000 asking more tax. Need help.

I am the OP. Received a letter from IRS stating "case closed". Amount owed 0.00 Thanks to everybody who responded. Good to hear ram. I am sure you are relieved to have this sorted. Our inquiry is still outstanding. After supplying the details proving that the amounts billed by the university were i...
by wfrobinette
Sat Mar 09, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: Island Vacation with Shade on the Beach?
Replies: 40
Views: 4472

Re: Island Vacation with Shade on the Beach?

My wife has not had much luck finding a place for us to take a vacation this year. Though almost any island will do, we want to visit the Caribbean again but she has two criteria that we struggling to resolve. We'd like a quiet, uncrowded island like St. John (we've been there a couple of times and...
by wfrobinette
Sat Mar 09, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Retirement question about grandchildren
Replies: 28
Views: 3729

Re: Retirement question about grandchildren

Just wondering how this relationship has changed/evolved for other forum members as these kids get older, in terms of frequency of interaction etc. My sense is that as they get older we might not be quite so important given they have their own lives, friends etc. which is wonderful. I bring this up...
by wfrobinette
Sat Mar 09, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Retirement question about grandchildren
Replies: 28
Views: 3729

Re: Retirement question about grandchildren

My wife and I are 57 with 3 grandkids - ages 3 months, 2 and 3.5 Daughter lives 30 mins away and son lives 50 minutes so we are a big part of these kids lives. Bi-weekly family dinners, babysit when avail, drop by to say hello, etc. It is wonderful and the best thing in our lives, and I think one o...
by wfrobinette
Thu Jan 17, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: What kind of health insurance for a newborn?
Replies: 9
Views: 857

Re: What kind of health insurance for a newborn?

I'm shopping around to see if I can get a better deal on health insurance for a newborn in the marketplace than through my employer. Am I correct in my understanding that I can enroll a newborn within the first 60 days of birth and it would be retroactive? Am I correct in adjusting for the fact tha...
by wfrobinette
Thu Jan 17, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: Gas station prices and quality
Replies: 116
Views: 14647

Re: Gas station prices and quality

I typically buy at Costco. Even if there is a "better" gas is the difference really substantial? I doubt it for a normal car. In Chicago there are big differences in price. I bought gas last week for $2.01 and saw it a couple miles away for $3.29. It is location based more than brand based I would ...
by wfrobinette
Fri Jan 11, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Paying "cash" for auto - possibly w regular credit card?
Replies: 57
Views: 5011

Re: Paying "cash" for auto - possibly w regular credit card?

If you want to use a CC for the whole deal, offer to pay full sticker. Probably would let you do it.
by wfrobinette
Fri Jan 11, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 14401

Re: Recommendations for a 9mm handgun

I love my HK 45 (its a 45 cal) and my Walther PPQ 9mm. SMall had and both of these fit like a glove.
by wfrobinette
Fri Jan 11, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: Cancun in January
Replies: 26
Views: 2971

Re: Cancun in January

All, I will be travelling with family (kids 10 and 8 ) in Jan in Cancun for 4 nights. We are in all inclusive resort. Question I have is: 1) My flight arrives around 9 PM. What will be safest transportation to Resort? 2) Safe trip options chichen itza? 3) Should I use credit cards, Cash dollars or ...
by wfrobinette
Fri Dec 14, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Received IRS notice CP 2000 asking more tax. Need help.
Replies: 30
Views: 4319

Re: Received IRS notice CP 2000 asking more tax. Need help.

I am the OP. Received a letter from IRS stating "case closed". Amount owed 0.00 Thanks to everybody who responded. Good to hear ram. I am sure you are relieved to have this sorted. Our inquiry is still outstanding. After supplying the details proving that the amounts billed by the university were i...
by wfrobinette
Mon Dec 10, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: Guitar Players -CAGED system
Replies: 22
Views: 2442

Re: Guitar Players -CAGED system

At age 63 I keep picking away at the guitar, improving slightly and fully understanding my limitations (started late in life). I have a book on the CAGED system and quite frankly dont get it (other than a revenue stream for the author). The barre chords for E and A shapes are fully understood and h...
by wfrobinette
Fri Dec 07, 2018 4:51 pm
Forum: Personal Consumer Issues
Topic: Is this normal for an HOA?
Replies: 95
Views: 9326

Re: Is this normal for an HOA?

As will satisfy most bureaucrats, I filled out entire form neatly and completely. But only the relevant, needed info was accurate.....Even though we're a small association (79 units), nobody questioned my Lambo or my wife's DeLorean . Priceless, DetroitRick! (and thanks for the belly laugh you just...
by wfrobinette
Wed Dec 05, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Home Question, What Would You Do?
Replies: 21
Views: 2305

Re: Home Question, What Would You Do?

Husband and I are 39 YOA, have 2 kids (4 and 6), living in a relatively HCOL area. Bought a home 10 YA before kids, was great for the two of us but as the kids are getting bigger we are finding that it is less than ideal for raising a family. The issues include that it lacks a neighborhood; adequat...
by wfrobinette
Wed Dec 05, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 30
Views: 2424

Re: Whoops, thought wife's tIRA was Roth...help!

My wife thought she had opened a Roth with Scottrade/TD Ameritrade after finishing school but it turns out it was a post tax traditional IRA. She contributed for a few years, we got married, got better jobs, and then got an advisor to help with our finances. He did not manage this tIRA and we all f...
by wfrobinette
Wed Dec 05, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt or maxing Roth IRA as a resident
Replies: 14
Views: 1147

Re: Paying off debt or maxing Roth IRA as a resident

I am a 1st year resident physician with 210K in student loan, which I consolidated it to be 5.75%. I am currently on REPAYE (which is income based repayment). My gross income is around 56K and will increase about 2K per year. My residency will be 4 years, and I will most likely pursue a fellowship ...
by wfrobinette
Wed Dec 05, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Buying with no interest
Replies: 22
Views: 2180

Re: Buying with no interest

Perhaps it is only me, but I continuously receive offers for credit cards at 0% APR for 12-18 months, with a few $100's bonus to boot. Not clear why the OP would want to open a retailer card, while the above are available. I'd say the true BH's philosophy would be to take on as much 0% credit as po...
by wfrobinette
Wed Dec 05, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt or maxing Roth IRA as a resident
Replies: 14
Views: 1147

Re: Paying off debt or maxing Roth IRA as a resident

I am a 1st year resident physician with 210K in student loan, which I consolidated it to be 5.75%. I am currently on REPAYE (which is income based repayment). My gross income is around 56K and will increase about 2K per year. My residency will be 4 years, and I will most likely pursue a fellowship ...
by wfrobinette
Mon Dec 03, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 100
Views: 7960

Re: What percent of Managers beat the market BEFORE fees?

What percent of Managers beat the market before they charge their Fees? According to S&P research, about 20% of U.S. domestic equity funds beat the market before fees. It drops to 12% after fees. https://us.spindices.com/documents/research/research-spiva-institutional-scorecard-how-much-do-fees-aff...
by wfrobinette
Mon Dec 03, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Buying with no interest
Replies: 22
Views: 2180

Re: Buying with no interest

For a few items, carpet for the house, and thinking of buying a new mattress and a new TV. Most of these places offers either 6 months or 1 year of no interest, with a credit card sign up. I don't care about opening a CC or not, it wont affect my credit score and even if it did DW and I both have c...
by wfrobinette
Mon Nov 26, 2018 5:03 pm
Forum: Personal Investments
Topic: 401k catch up contributions paid as lump sum
Replies: 5
Views: 503

Re: 401k catch up contributions paid as lump sum

Can the entire $6000 catch up contribution (for those 50 and older) be paid as lump sum in one pay period? Let’s say for the first paycheck of January 2019, you designate $6000 as catch up. If stocks are still down in January, it might be an opportune time to do lump sum is why I’m considering it. ...
by wfrobinette
Mon Nov 26, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-payment penalty mortgage
Replies: 16
Views: 1608

Re: Pre-payment penalty mortgage

Hello, I am a first time homebuyer in a VHCOL area shopping for a $1.3 million home. I currently have two banks competing for my business. I was hoping to get some advice on the offers I have received thus far. Bank A offered me: 15% down, 4.15% interest rate, 4.19% APR, 30 year fixed but there is ...
by wfrobinette
Fri Nov 23, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: Is there CD funds in VG to be used for IRA's?
Replies: 23
Views: 2544

Re: Is there CD funds in VG to be used for IRA's?

OK, but just to be sure you're thinking clearly about this, although your 5-year nominal return is essentially guaranteed with a 5-year CD or 5-year Treasury (other than some variation due to how you reinvest the interest payments), your 5-year real (inflation-adjusted) return is uncertain. If we g...
by wfrobinette
Fri Nov 23, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Beaches Resort on Turks and Caicos
Replies: 6
Views: 1478

Re: Beaches Resort on Turks and Caicos

Who have been there? Do you like it or not? I'm thinking about booking a trip there to celebrate our 42nd anniversary in February. Advice appreciated. TravelforFun If you aren't take young kids, go to an adult only resort. Beaches is the Sandals for families. Sandals, Excellence(IMHO better than sa...
by wfrobinette
Fri Nov 23, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 6461

Re: New TV Recommendations Please?

We purchased our first and only flat screen TV sometime in the early 2000s - a 43" Toshiba REGZA. However, for some reason it has not held up - there is no definition in "dark" scenes. We strain to see objects and people in night scenes, for example. Last night my wife said, "tomorrow's black Frida...
by wfrobinette
Wed Nov 21, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 110
Views: 14022

Re: Weigh in on our Marital Argument =)-- HCOL edition

We love our neighborhood and we love being close to my husband's job. Here's the argument: I want to stay in our current neighborhood, buy a 3 bedroom, tweak our finances to make that bigger mortgage work. Husband wants to either stay in our current 2 bedroom indefinitely (at least till it's paid o...
by wfrobinette
Wed Nov 21, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Sell RSUs at 18 month low or wait
Replies: 37
Views: 2732

Re: Sell RSUs at 18 month low or wait

If you didn't have RSUs, would you buy stock in your company today with the plan to sell it in three months? If yes, hold. If no, sell. This is the dilemma. I don't do short term buy/sell moves and only invest in total stock market and a small amount in sector ETFs (technology). Selling the individ...
by wfrobinette
Fri Nov 16, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Is there CD funds in VG to be used for IRA's?
Replies: 23
Views: 2544

Re: Is there CD funds in VG to be used for IRA's?

Thanks for the answers, so just to be sure, if I select a bond or CD and buy it under my Traditional IRA, if it says 3.5% with 5 years, if I don't sell/exchange it before maturity, it guarantees 3.5%, as long as that company doesn't bankrupt, right? I see some municipal bonds and BBB rated bonds th...
by wfrobinette
Fri Nov 16, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Quantitative Equity Group Losing Talent
Replies: 61
Views: 4991

Re: Vanguard's Quantitative Equity Group Losing Talent

Quants have not delivered value anywhere, so what's the point :?: DFA, AQR, WisdomTree, Vanguard, Schwab, you name it, all have quants, these investments have not delivered any value over and beyond simple straight indexes. The only value they add is provide job opportunities for PhD's beyond acade...
by wfrobinette
Fri Nov 16, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: How to get rid of palmettos [Palmetto bugs]
Replies: 15
Views: 2445

Re: How to get rid of palmettos

^ +1 Though the boric acid powder (relatively inexpensive at home depot) works very well by itself, I use a mix of it and a small bit of sugar or cocoa and maybe, food grade diatomaceous earth, which kills a different way. I put it on a piece of paper, or plastic lid, under fridge, back of cabinets...
by wfrobinette
Fri Nov 16, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 4351

Re: which snow blower ?

mggray17 wrote:
Fri Nov 16, 2018 5:34 am
Bought an Ariens 28" SHO, used it last two seasons in NJ.
Not one regret. Ariens!!!!!!!
+1 but I had the 24". Got through 18 inches of wet snow without a hitch.
by wfrobinette
Tue Nov 06, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software: online vs download versions
Replies: 15
Views: 1958

Re: Tax software: online vs download versions

I'm not sure if my memory is correct, or if this concern still applies, but I once had to submit an amended federal income tax a year (or two?) after my initial online submission. When I asked Turbotax how to do it they said "You can't amend a previous year's tax submission with the current year on...
by wfrobinette
Mon Nov 05, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: HMO vs HDHP/HSA. Should I switch?
Replies: 21
Views: 1169

Re: HMO vs HDHP/HSA. Should I switch?

Hello all, I'm fairly new here. After getting to know about beauty of index funds in investing, looking into HDHP along with HSA. Following is the plan info and premium. We are now in HMO plan. Wondering whether we should switch to HDHP/HSA. Please ignore PPO info in the images. As you can see with...
by wfrobinette
Mon Nov 05, 2018 4:42 pm
Forum: Personal Investments
Topic: Seeking a balanced, aggressive portfolio
Replies: 25
Views: 1570

Re: Seeking a balanced, aggressive portfolio

jackhensy wrote:
Mon Nov 05, 2018 4:19 pm
The three fund portfolio is great...except I don't like the international stock index.
Dismal returns.

However, the Bond fund looks like it would add some protection.
Then go 80% 500/total stock and 20% bond
by wfrobinette
Mon Nov 05, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: 401k advice [looking for better 401k plan design]
Replies: 3
Views: 540

Re: 401k advice

I am in the process of working with Employer Fiduciary to find a better 401k design for our 35 person practice with 4 docs (High Compensated Employees – HCE’s). Under our current plan, we four HCE’s contribute the $18,500 with a $10,000 match. Under the new plan, we will be able to match with enoug...