Search found 776 matches

by EHEngineer
Tue Nov 12, 2019 9:17 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 34
Views: 1420

Re: "Tax advantaged Annuity" advised for friend

This post makes me sad. OPs friend has been swindled by financial advisor(s) who have scared her about "taxes" while siphoning fees & commissions. OP, If your car has a hole in the gas tank, fuel economy is not your issue. If your friend has a financial advisor selling her annuities, taxes are not h...
by EHEngineer
Tue Nov 05, 2019 2:19 pm
Forum: Personal Investments
Topic: Portfolio Check Time, Please advise
Replies: 6
Views: 938

Re: PORTFOLIO CHECK TIME, Please advise

2)-Yes, our AA now is around 47% Stocks/53 Fixed Income, if I combine my CD & savings. Our new money & the present market hopefully should help get it back to 50/50. I was not clear if my CDs & outside savings would be added in calculating the A/A, I guess they need to be. Including cash in your AA...
by EHEngineer
Mon Nov 04, 2019 7:21 pm
Forum: Personal Investments
Topic: Portfolio Check Time, Please advise
Replies: 6
Views: 938

Re: PORTFOLIO CHECK TIME, Please advise

Hi Rajsx, Here is the format for getting portfolio help. https://www.bogleheads.org/forum/viewtopic.php?t=6212 knowing only what you have posted, you've got the basics right. I will make some comments but they are minor concerns. 1) you have listed VBTLX twice in the "IRA -DW" account. Why? 2) you h...
by EHEngineer
Sat Nov 02, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: Series I Savings Bond 0.20% Fixed Rate Announced 11/1/2019
Replies: 6
Views: 1884

Re: Series I Savings Bond 0.20% Fixed Rate Announced 11/1/2019

Glad I bought the rest of my allocation in October. IMO, that was a no-brainer. The best anyone could have hoped for was for the rate to stay the same, so there was no reason to wait with the odds favoriting a lower fixed rate. I waited to buy in Nov (this month) to reduce the inflation interest de...
by EHEngineer
Mon Oct 28, 2019 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Roth conversion taxes with HSA funds?
Replies: 27
Views: 1960

Re: Pay Roth conversion taxes with HSA funds?

It seems to me that paying Roth conversion taxed with accumulated HSA funds may be the most efficient source because you would effectively be paying the conversion taxes with pre-tax money . You're looking in the rear-view mirror. Once contributed, HSA funds are post-tax money , assuming you'll hav...
by EHEngineer
Mon Oct 28, 2019 2:45 pm
Forum: Personal Investments
Topic: $930,000 new money to invest
Replies: 35
Views: 3791

Re: $930,000 new money to invest

Would you 1) dump it all in as soon as check clears 2) lump sum 50%, dollar cost the rest 3) lump sum 30%, dollar cost the rest 4) lump sum it all If it makes any difference, my AA is 100% stocks. Option 5) Re-assess your desired AA, then lump sum. With a $930k windfall, do you still have the need ...
by EHEngineer
Sat Oct 26, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: How much deferred maintenance would make you walk away from a home deal?
Replies: 30
Views: 2351

Re: How much deferred maintenance would make you walk away from a home deal?

Just wondering if there's some threshold people have. By deferred maintenance I mean stuff like fixtures, HVAC, water heater, roof, paint, stuff like that. Non structural issues. In my experience, I would estimate the cost to repair, then add 20% for my time and headache and risk. When I found hous...
by EHEngineer
Tue Sep 17, 2019 8:09 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8078

Re: Alternatives to Subaru Outback?

Never thought I would be posting a car buying topic on BH, yet here I am. ... After looking on the internet for info on suitable alternatives, I realized I was quickly overwhelmed by the sheer number of models. If you folks could help me narrow the field to help us begin a search I would greatly ap...
by EHEngineer
Sun Aug 18, 2019 5:56 pm
Forum: Personal Investments
Topic: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time
Replies: 12
Views: 1192

Re: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time

Hi robindbee, Overall, you are in good shape. Good work on knowing your numbers, especially your expenses. That's so important for planning. I have one very important question for you. Is your SS income from your earnings record, or is it a spousal benefit (ie ex-spousal benefit)? If the SS income i...
by EHEngineer
Thu Aug 15, 2019 5:27 pm
Forum: Personal Investments
Topic: Review 45yo
Replies: 5
Views: 1143

Re: Review 45yo

Hi GusGris, Welcome to Bogleheads, and congratulations on the new addition to your family. Scanning through your post, it seems like you are doing very well. Here's my summary. -You have a very high income, $650k+ annually, but stepping down to $200k+ at the end of 2020. -You have a great emergency ...
by EHEngineer
Mon Aug 12, 2019 10:13 pm
Forum: Non-US Investing
Topic: Personal Investment Policy Statement - please review
Replies: 12
Views: 971

Re: Personal Investment Policy Statement - please review

Great work overall. Here are a few points to consider that don't change the big picture. Good luck to you. **** This line is confusing. Additionally, funds to cover living expenses are withdrawn from the portfolio using a yearly withdrawal rate of 3.5%. Based on projections, the portfolio should nev...
by EHEngineer
Thu Jun 27, 2019 10:00 am
Forum: Personal Investments
Topic: Investment Help. Received $175k from a Death in the Family.
Replies: 9
Views: 1016

Re: Investment Help. Received $175k from a Death in the Family.

I think the key question for you is what is the purpose of the $175k? When will you need to use it? I don't intend on using it anytime soon. This money would be ideally used for retirement barring any unforeseen circumstances. Both my wife and I have very little in loans after graduate school. She ...
by EHEngineer
Wed Jun 26, 2019 3:19 pm
Forum: Personal Investments
Topic: Investment Help. Received $175k from a Death in the Family.
Replies: 9
Views: 1016

Re: Investment Help. Received $175k from a Death in the Family.

I have a fiduciary financial advisor that I met working through my university. He is employed through Lincoln Investment. What makes you think your advisor is a fiduciary? I found this on the website, which tells me they are not a fiduciary. https://www.lincolninvestment.com/assets/pdfs/InvestorHan...
by EHEngineer
Fri Jun 21, 2019 10:03 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 117
Views: 18850

Re: How do Bogleheads buy cars?

I'm in the market for a new car. Looking at a newer Buick or something similar. My job calls for a nice looking "expensive" car. Anyway, brand new cars are off the table (yes?) because they are not a good value. Better to buy 1-2 years old, certified from the dealer with solid warrantys. Does this ...
by EHEngineer
Sat Jun 15, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 49391

Re: Selling home- Demanding Buyer (Repairs)

quantAndHold wrote:
Sat Jun 15, 2019 10:56 am
[Agents] don’t care if it sells for $475k or $425k, or how much “fixing” you need to do, as long as it sells quickly and with a minimum of work for them.
This. Bird in the hand.
by EHEngineer
Sat Jun 15, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 49391

Re: Selling home- Demanding Buyer (Repairs)

Thanks, and no I never sent that e-mail. Here is what I have independently decided (w/the guidance provided here), but will take whatever agent we go with take as well. 1. Take off market. 2. Get septic done, probably take 1-3 weeks to get in and scheduled. 3. Make the property look as good as poss...
by EHEngineer
Tue May 28, 2019 1:17 pm
Forum: Personal Consumer Issues
Topic: How a SIM swap attack works
Replies: 28
Views: 3473

Re: How a SIM swap attack works

Given what's available with vanguard does anyone have suggestions on best approach to security with a vanguard account? Suggestions for -google / gmail security setup (i see disable sms and enable 2fa as a suggestion) -wireless carrier security setup (i see enable a pin as a suggestion) -vanguard s...
by EHEngineer
Tue May 28, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: How a SIM swap attack works
Replies: 28
Views: 3473

Re: How a SIM swap attack works

For Vanguard users, please write to Tim Buckley requesting the ability to disable SMS backup from Yubikeys. If you do that give him a suggestion on how to reset a customer's online access if the YubiKey is lost. Your answer can't be "there isn't a way". Medallion signature guarantee That could be a...
by EHEngineer
Tue May 28, 2019 9:54 am
Forum: Personal Consumer Issues
Topic: Bored Eleven Year Old Patient in Walking Cast
Replies: 26
Views: 1806

Re: Bored Eleven Year Old Patient in Walking Cast

how about getting her a microscope.
Skip those high powered ones, go for a 10-100X stereo scope. It's fun to look at everyday things and creatures up close.
by EHEngineer
Mon May 27, 2019 10:47 pm
Forum: Personal Consumer Issues
Topic: How a SIM swap attack works
Replies: 28
Views: 3473

Re: How a SIM swap attack works

stan1 wrote:
Sun May 26, 2019 1:36 pm
southerndoc wrote:
Sun May 26, 2019 1:33 pm
For Vanguard users, please write to Tim Buckley requesting the ability to disable SMS backup from Yubikeys.
If you do that give him a suggestion on how to reset a customer's online access if the YubiKey is lost. Your answer can't be "there isn't a way".
Medallion signature guarantee
by EHEngineer
Mon May 27, 2019 9:37 pm
Forum: Personal Investments
Topic: college ahead
Replies: 3
Views: 1263

Re: college ahead

Take a look at vanguard's age based portfolios. Their conservative, moderate and agressive glidepaths are found here: https://investor.vanguard.com/529-plan/age-based-options A 16 y/o moderate risk has 10% stock 90% bond, portfolio composition here: https://investor.vanguard.com/529-plan/profile/440...
by EHEngineer
Sun May 26, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Extended auto warranty - who to buy from, if you want to
Replies: 40
Views: 2347

Re: Extended auto warranty - who to buy from, if you want to

I’m surprised that the few comments so far are to the effect of ‘If you do go down that dark and treacherous path of extended warranty then do so with a dealer not a third party.’ :-) Buy only the manufacturer's extended service contract. Many dealers sell 3rd party service contracts. Consumer repo...
by EHEngineer
Sun May 26, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Any benefits to low salary job with high income spouse?
Replies: 32
Views: 7158

Re: Any benefits to low salary job with high income spouse?

The finance buff has a very good spreadsheet that will tell you exactly how much your wife can contribute to her solo 401k. It's linked in this article.
https://thefinancebuff.com/solo-401k-fo ... yment.html

I recommend fidelilty or schwab for the solo 401k account.

good luck.
by EHEngineer
Sun May 26, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Extended auto warranty - who to buy from, if you want to
Replies: 40
Views: 2347

Re: Extended auto warranty - who to buy from, if you want to

Hi. We recently bought a 2018 Lincoln Navigator with 6000 miles on it. The dealer included a life-time powertrain warranty. Although I never before bought extended warranties for anything I went ahead and bought the lifetime mechanical/electrical warranty. Yes a lot of things are excluded. My plan ...
by EHEngineer
Wed May 22, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: I evaluated taking SS at age 62 versus age 70
Replies: 67
Views: 5437

Re: I evaluated taking SS at age 62 versus age 70

Without sharing all the other details, I concluded that for us, there is a very slight benefit to SS at age 62. How slight? With my inputs to FIREcalc, the final portfolio value has these outcomes: The reason you concluded SS at 62 is better than 70 is becuase FIRECALC assumed you would invest the ...
by EHEngineer
Thu May 16, 2019 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Probate costs?--I am the sole heir and the executor
Replies: 65
Views: 6091

Re: Probate costs?--I am the sole heir and the executor

I'm sorry for your loss. I also suggest you get a lawyer. That's a large estate, and the sisters may want to stake a claim. In my experience the will should explicitly disinherit people, not simply fail to mention them. Also, I believe that TOD/POD assignments on the various accounts would supercede...
by EHEngineer
Thu May 16, 2019 10:18 pm
Forum: Personal Consumer Issues
Topic: Should I replace Prius Hybrid Battery?
Replies: 44
Views: 3960

Re: Should I replace Prius Hybrid Battery?

You could save $1000 if you DIY. Moderate difficutly. Here's a very good how-to video.

https://www.youtube.com/watch?v=Q3RCdrh666w
by EHEngineer
Thu Apr 25, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Mechanic mishap - able to stop significant damage - how to avoid in future?
Replies: 59
Views: 3847

Re: Mechanic mishap - able to stop significant damage - how to avoid in future?

The amount of load a torque will generate can be all over the place, The difference between completely dry to lubricated everywhere can mean loads different by twice your expectations. agree, coefficient of friction matters. Knowing when a torque wrench is a valuable tool is important, but more imp...
by EHEngineer
Thu Apr 25, 2019 10:38 am
Forum: Personal Investments
Topic: Helping my mother
Replies: 13
Views: 1688

Re: Helping my mother

Monthly expense: $2500 ($1500 + travel seems shockingly low for someone living in a $500k house) Monthly income: $1698 (plus $200 CAD/$148 USD) Monthly income needed from portfolio: $802 (or $654 with CAD pension income) $9,624/yr or $7,848/yr Investible assets: 295K (plus 75k CAD/$55k USD) Required...
by EHEngineer
Tue Apr 23, 2019 2:10 pm
Forum: Personal Consumer Issues
Topic: Mechanic mishap - able to stop significant damage - how to avoid in future?
Replies: 59
Views: 3847

Re: Mechanic mishap - able to stop significant damage - how to avoid in future?

tigermilk wrote: ↑Tue Apr 23, 2019 3:43 am The amount of load a torque will generate can be all over the place, The difference between completely dry to lubricated everywhere can mean loads different by twice your expectations. agree, coefficient of friction matters. So, if I install a new spark pl...
by EHEngineer
Tue Apr 23, 2019 2:01 pm
Forum: Personal Consumer Issues
Topic: Mechanic mishap - able to stop significant damage - how to avoid in future?
Replies: 59
Views: 3847

Re: Mechanic mishap - able to stop significant damage - how to avoid in future?

Someone who wrenches regularly will have a good feel for proper tightening torque and can skip a torque wrench. I'll only use a torque wrench for fasteners that need to be incredibly tight (main bearing cap bolts, rod cap nuts, head bolts) or are squeezing a soft material (oil pans, valve covers.) ...
by EHEngineer
Tue Apr 23, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Mechanic mishap - able to stop significant damage - how to avoid in future?
Replies: 59
Views: 3847

Re: Mechanic mishap - able to stop significant damage - how to avoid in future?

The amount of load a torque will generate can be all over the place, The difference between completely dry to lubricated everywhere can mean loads different by twice your expectations. agree, coefficient of friction matters. Knowing when a torque wrench is a valuable tool is important, but more imp...
by EHEngineer
Wed Apr 10, 2019 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can/Should we build a new house?
Replies: 13
Views: 1402

Re: Can/Should we build a new house?

I have also been thinking of building. What is the value of the lot if the house were torn down? In my case, I would have to tear down a house worth about 100k, the remainder of my home's value is the lot itself. Using only your numbers, you would end with about $535 in debt, a little over 3x your i...
by EHEngineer
Wed Apr 10, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning for Mother in Law
Replies: 41
Views: 2320

Re: Estate Planning for Mother in Law

If it were me, I'd find an independent trustee. It doesn't seem like there is upside and only downside with respect to family relationships if something were to go wrong - either in reality or perceived. That is definitely a valid point to consider. I would assume a third party trustee would charge...
by EHEngineer
Fri Apr 05, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Question on Purchase that Fell Thru
Replies: 25
Views: 1949

Re: Real Estate Question on Purchase that Fell Thru

In my area, usually the selling agent will inform all buyers that they have multiple offers, and ask all buyers to submit last/best/highest offers before a specific cutoff, say 3pm on Sunday. Then they review all and accept one offer Sunday evening. I am surprised any buyer would be stupid enough t...
by EHEngineer
Fri Apr 05, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Question on Purchase that Fell Thru
Replies: 25
Views: 1949

Re: Real Estate Question on Purchase that Fell Thru

you didn't do anything wrong. Sounds like the selling agent was not experienced in handling multiple offer situation. Or the sellers were just too emotional to control themselves. In my area, usually the selling agent will inform all buyers that they have multiple offers, and ask all buyers to submi...
by EHEngineer
Thu Mar 28, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5109

Re: 11-year old with iPhone - advice on how best to manage?

Couple ideas for you. A successful parent driven campaign was a full phone ban / disallow all smartphone usage in our middle school. If kids need to make a call, they can ask permission and use the school landline phones. I'm told this reduced distractions, teacher burdern to police phone usage, as ...
by EHEngineer
Thu Mar 28, 2019 1:08 pm
Forum: Personal Investments
Topic: move 529 from Illinois to texas
Replies: 10
Views: 695

Re: move 529 from Illinois to texas

I believe Illinois has a tax recapture provision, meaning you will need to pay state income tax at current rates for any contributions you previously received a deduction for. This could be thousands of dollars. Edit to clarify, this is if you roll the plan out of IL and into another 529 plan. This...
by EHEngineer
Sat Mar 16, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 127
Views: 9229

Re: Tesla Model Y

I really really really want to like Teslas and there is almost no chance our next vehicle is ICE, but nothing is going to convince me to spend more than twice as much on a car that has worse quality control than my bare bones economy car. My neighbor is much the same as most Tesla owners, he didn't...
by EHEngineer
Sat Mar 16, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 127
Views: 9229

Re: Tesla Model Y

I really really really want to like Teslas and there is almost no chance our next vehicle is ICE, but nothing is going to convince me to spend more than twice as much on a car that has worse quality control than my bare bones economy car. My neighbor is much the same as most Tesla owners, he didn't...
by EHEngineer
Thu Mar 14, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 127
Views: 9229

Re: Tesla Model Y

Looks like a winner to me. 75% commonality with 3 means relatively easy startup as compared to X or 3. I really like the blacked out window trim and door handles.
by EHEngineer
Thu Mar 14, 2019 10:22 pm
Forum: Personal Consumer Issues
Topic: Haven't bought a car in ages - how does negotiation work these days?
Replies: 47
Views: 5452

Re: Haven't bought a car in ages - how does negotiation work these days?

Both were high volume dealers in the region and were selling cars that existed. One required a dealer trade and one was on the lot. I have never ordered a car. It sounds like you want a very fast and/or fancy car. Mind telling us what you're buying? Nothing fancy, actually. Just another Prius. (The...
by EHEngineer
Thu Mar 14, 2019 10:04 pm
Forum: Personal Consumer Issues
Topic: Haven't bought a car in ages - how does negotiation work these days?
Replies: 47
Views: 5452

Re: Haven't bought a car in ages - how does negotiation work these days?

I've bought or helped buy new cars in '10, '14, and '18. In '10 I used the emailing technique you mentioned, and it worked well. In '14 and '18 it did not work at all. I got zero responses with actual numbers, just "come in and we'll talk." So I used Costco & True Car to spam the dealers and start a...
by EHEngineer
Thu Mar 14, 2019 9:32 pm
Forum: Personal Investments
Topic: New Job 401k Options allocation help!
Replies: 20
Views: 879

Re: New Job 401k Options allocation help!

Hi junm, Welcome to Bogleheads! You are fortunate to have a very good 401k. Here are the funds I like. If you want more specifics, you can try updating your post in the standard format: https://www.bogleheads.org/forum/viewtopic.php?t=6212 Best, Ehen US Stocks Investments you currently own FID 500 I...
by EHEngineer
Thu Mar 14, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance
Replies: 43
Views: 2649

Re: Life insurance

Great point about going direct versus through an agent. So, if I have a list of several agents, how would you pick a good one? The only thing that was different between them all was one had a CLU designation. Which doesn't necessarily make him better although I suppose better trained? I also tried ...
by EHEngineer
Tue Mar 12, 2019 4:01 pm
Forum: Personal Investments
Topic: Short-term backing off on retirement savings to fund college?
Replies: 17
Views: 783

Re: Short-term backing off on retirement savings to fund college?

I have about $50,000 saved for college; but after this savings, unsubsidized government loans, and a 529 funded by his grandparents I am still about $34,000 short of what is needed. My goal is to have my child graduate in 4 years with no more debt than the unsubsidized loans and another $10,000 in ...
by EHEngineer
Thu Mar 07, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Medicare and HSA rules
Replies: 11
Views: 884

Re: Medicare and HSA rules

Will you be older than 65 in October? If you enroll in Medicare after age 65, you will be retroactively enrolled in Part A by up to six months but not before age 65. This retroactive enrollment will make you retroactively ineligible for HSA contributions. Couple comments about this. 1) Somewhere on...
by EHEngineer
Wed Mar 06, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Inhereted Whole Life policy - what to do?
Replies: 22
Views: 1792

Re: Inhereted Whole Life policy - what to do?

Saelina wrote:
Wed Mar 06, 2019 7:03 am
What does CSV stand for?
Cash Surrender Value. It's the same thing as "surrender value."
by EHEngineer
Tue Mar 05, 2019 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Inhereted Whole Life policy - what to do?
Replies: 22
Views: 1792

Re: Inhereted Whole Life policy - what to do?

3) After you have satisfied your need for insurance (if you have a need) then you can assess this policy as a potential savings vehicle. If you have the last two annual statements, can you post the cash surrender value from each of those, along with the amount of premium that was paid (if any)? I d...