Search found 706 matches

by EHEngineer
Wed Sep 19, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3798

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

My grandma has asked me to do this and all of the heirs are supportive of the decision. She is completely with it mentally and none of her children would claim otherwise. She would assign me power of attorney on all the accounts. I know my aunts and uncles well and don't expect any issues from them...
by EHEngineer
Wed Sep 19, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3798

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

My grandma has asked me to do this and all of the heirs are supportive of the decision. She is completely with it mentally and none of her children would claim otherwise. She would assign me power of attorney on all the accounts. I know my aunts and uncles well and don't expect any issues from them...
by EHEngineer
Tue Sep 18, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2583

Re: Facing Retirement at year end

The $50K/yr budget includes all our current bills, including mortgage and HELOC. The $35K/yr income going forward is my part time side job $15K/yr and my new SS $20K/yr combined. My first SS check arrives next month. I should have said "can" instead of "will" receive SS at 66. ;) My best guess on t...
by EHEngineer
Thu Aug 30, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 4954

Re: Will I ever sell Ibonds from 2001 - 3% fixed

I plan to cash mine out over a period of 3 tax years in order to minimize taxes. Cash some out in December of one year, some out in December of the following year, and then cash the rest out when they mature (in May or something like that). So I end up cashing some 17 months early (exactly to the t...
by EHEngineer
Thu Aug 30, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Nanny online payment services - why are they so expensive?
Replies: 30
Views: 3255

Re: Nanny online payment services - why are they so expensive?

I am hiring a part time nanny, all legal-above-board payments including taxes. I am looking for an online service that automates tax computation for nanny payments and takes care of the distribution of funds once I send checks to them. I'm amazed to see how expensive the online services for nanny p...
by EHEngineer
Thu Aug 30, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need Term Life Insurance?
Replies: 17
Views: 1496

Re: Do I need Term Life Insurance?

I am no expert, but if I was in your position I would consider 1m for me at 10 years, and 500k for her at 10 years. Hers should be dirt cheap, and I am guessing yours would drop a bunch. Make sure it’s actual term and not fake kinda sorta term. This seems about right to me. I would probably do 15-2...
by EHEngineer
Mon Aug 27, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Pension plan details about annuity value
Replies: 11
Views: 689

Re: Pension plan details about annuity value

Try HR for starters. You are still a participant in the Plan, and are entitled to the docs. IF someone doesn't understand, explain this part and that is "why you need the full Plan", etc. I did this a few years ago and they didn't have the "plan" document. They have a "global HR" center in panama a...
by EHEngineer
Mon Aug 27, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Pension plan details about annuity value
Replies: 11
Views: 689

Pension plan details about annuity value

Bogleheads, I have a pension from a former employer. They are clear about the formula to calculate the lump sum distribution, but I perfer the annuity payout option. The SPD says this: http://i63.tinypic.com/30k6ic8.png I want to understand the conversion from lump sum to annuity, so I guess I need ...
by EHEngineer
Sun Aug 26, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5643

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

Hi there, What would you do with a cash pile of $3.5M at age 63 with 18 months more of further working income. Ignore any future SS payments and private pensions. Only other assets are $1.5M in (non-home) properties and $400,000 in a simple 60/40 BH portfolio. Overall need is to fund retirement wit...
by EHEngineer
Thu Aug 23, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: In a single factor world, why is TSM M-V efficient? [Mean-Variance]
Replies: 20
Views: 1027

Re: In a single factor world, why is TSM M-V efficient?

Is that true? I thought large value had a better sharpe ratio than whole market, but also lower returns. Let me look into that. Maybe discuss EMH instead?
by EHEngineer
Thu Aug 23, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: I saved $3,200 on a $23,500 car with minimal stress.
Replies: 45
Views: 6018

Re: I saved $3,200 on a $23,500 car with minimal stress.

You know truecar is "In cahoots" with the dealers, I wouldn't trust their reports. Better to look at the "Recent prices paid" thread on automotive forums to find an accurate price trend. I bought a car with cash, no trade-in, lower than the lowest price shown on truecar. I monitored their site for ...
by EHEngineer
Thu Aug 23, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5258

Re: Test your cognitive biases

letsgobobby wrote:
Thu Aug 23, 2018 12:30 pm
As a shrink with an interest in behavioral finance and personal finance, I would have been humiliated by any score below the top. Fortunately that did not happen and I can go back to my job next week with no shame.
You took a risk without a potential reward? that's irrational.
by EHEngineer
Thu Aug 23, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Have a 50K hospital bill reason - too much insurance
Replies: 16
Views: 2370

Re: Have a 50K hospital bill reason - too much insurance

Here is the medicare explanation of which insurer is primary. This seems pretty clear. https://www.cms.gov/Medicare/Coordination-of-Benefits-and-Recovery/Coordination-of-Benefits-and-Recovery-Overview/Medicare-Secondary-Payer/Medicare-Secondary-Payer.html Individual is age 65 or older, is covered by...
by EHEngineer
Thu Aug 23, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8486

Re: $65K Fun Daily Driver

HardHitter wrote:
Thu Aug 23, 2018 7:57 am
but so far I've been eyeing a 2014 - 2016 Mercedes E63S AMG and same year Audi RS7. Any other suggestions to look into?
Telsa Model 3 Performance $64k brand new, full warranty. low maintenance car. car seat friendly, see video.
https://www.youtube.com/watch?v=2Vrgcjg5TBo
by EHEngineer
Thu Aug 16, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 74
Views: 7528

Re: Housing affordability - what is your take?

Couple things. Seems like you are buying a family house as a single person. You are buying in a ritzy area. $500/sqft is ritzy. ;-). The poorest, cheapest area of London (London Borough of Barking and Dagenham) is c. £500 psf (say USD 650-700). I could show you what USD 500 would buy you here, thin...
by EHEngineer
Mon Aug 13, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Personal finance Advice for mid 30s couple
Replies: 8
Views: 1639

Re: Personal finance Advice for mid 30s couple

captbone, you are in a good situation. Nice work. $150k annual in pension is amazing, even in 2040 dollars. a few comments. I agree with PFInterest. Do the backdoor rIRAs. https://thefinancebuff.com/the-backdoor-roth-ira-a-complete-how-to.html While the 4.25% interest rate is nominally higher, it is...
by EHEngineer
Sun Aug 12, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 74
Views: 7528

Re: Housing affordability - what is your take?

Couple things. Seems like you are buying a family house as a single person. You are buying in a ritzy area. $500/sqft is ritzy. Dave ramsey is trying to give you guidelines to put you on a comfortable/stable financial path. Buying a house that's 6X your income is not comfortable. 6X is a recipe for ...
by EHEngineer
Mon Jul 23, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8099

Re: Engineers come in.

Changing out of ME can be a good thing. I have friends from undergrand who thrived after switching out. Some earn substantially more than I do. If your friend is thinking of changing his major in the first semester, it is likely the right thing for him.
by EHEngineer
Fri Jul 20, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer online savings/money market to income mutual fund?
Replies: 14
Views: 1041

Re: Transfer online savings/money market to income mutual fund?

FKINX - class A shares to be specific. (There are no sales charges on mine because my advisor left the firm years ago and didn't reassign me to anyone else, so I told Franklin to remove them completely.) Fund is down almost 4% YTD and lost 50% between March 2007 and March 2009. This is a risky bond...
by EHEngineer
Fri Jul 20, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: I dont know how to spend money
Replies: 39
Views: 5198

Re: I dont know how to spend money

Are you upset because you enjoy a frugal life, or that you don't know what you enjoy at all? Few thoughts: Count yourself lucky if you enjoy a frugal life. Alternatively, you may need to (re)consider how you want to spend your life. Set some goals. Use your income to achieve them. Finally, This surp...
by EHEngineer
Fri Jul 20, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 2135

Re: High school graduation monetary gift for nephew

Wow you guys are cheap if $10k doesn’t matter you only go to undergrad once (hopefully) minimum $1000. Is that have done? Please relate your experiences in giving those size gifts. I personally don't think it's my job to "change his life". That's up to him and his parents. Earl, I recently gave $50...
by EHEngineer
Fri Jul 20, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Possible Knob & Tube in an older home.
Replies: 29
Views: 2509

Re: Possible Knob & Tube in an older home.

mouses wrote:
Wed Jul 18, 2018 5:57 pm
I lived in a house with knob and tube wiring for over thirty years, and here I am to tell the tale.
survivorship bias!
by EHEngineer
Thu Jul 19, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 30
Views: 2476

Re: What is the most severe hyperbolic discounting you have ever acted on?

With school aged kids I travel during the most expensive times - thanksgiving, winter break, spring break. Those trips cost a premium versus delaying two weeks. Does that count? A few times a year, I buy chapstick when needed instead of carrying it around. I probably pay 3X to buy it at the beach vs...
by EHEngineer
Mon Jul 16, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 31
Views: 2364

Re: Heart Rate Monitors Fitbit vs. Garmin

I wouldnt expect either of those plastic devices to be durable. My family had 4 fitbits fail over the last 2.5 years. Three Charge HR and one Charge HR2. They are plasticy and not water proof. They get scratched & chewed up over time. The fitbit app is easy/simple/beautiful. I still prefer it. Garmi...
by EHEngineer
Sat Jul 14, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Braces: Keeping cost down and insurance questions.
Replies: 27
Views: 2400

Re: Braces: Keeping cost down and insurance questions.

One of our children got braces. We shopped orthodontists and found the following: 1. In wealthy areas, there are too many orthodontists, so the potential mouths per orthodontist are less than in an area with same population density with fewer orthodontists. 2. With less competition, the orthodontis...
by EHEngineer
Mon May 07, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1578

Re: Which brokerage has the lowest ER on SP500 index fund?

I opened all my IRA funds in Vanguard and I am very happy about it The other day I was looking for a brokerage to open solo401k and I realized Schwab has SP 500 index fund with 0.03% ER. Vanguard's SP500 index fund is 0.04% Don't get me wrong, I am very happy with Vanguard overall, but if there is ...
by EHEngineer
Thu May 03, 2018 12:02 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109300

Re: To take or not to take delivery of Tesla 3

Tesla didn't note that. They didn't put a link to the manual. Didn't even bother to put an asterisk. That's misleading at best. Agree. And even if they did, I don't think it would be reasonable to expect drivers to know every detail of the Autopilot implementation and recall them at every instant w...
by EHEngineer
Wed May 02, 2018 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat a mortgage in context of long term investment
Replies: 12
Views: 1315

Re: How to treat a mortgage in context of long term investment

Does this mean that any new investment into an asset class with an expected 15 year return less than 3.875% should go to paying off the mortgage instead? Since money is fungible, it almost feels like when I am investing in bonds, I am borrowing money at 3.875% to invest at 2.5-3.5%. On the other ha...
by EHEngineer
Tue May 01, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 92
Views: 16189

Re: Replacement for Google Finance price quote function

Lately, I've become increasingly disappointed with Google Finance's slow updates for daily mutual fund NAV quotes in my Google Docs portfolio tracker. <snip> FYI - Google is updating mutual fund prices between 12:30-12:40 AM EST . I used a google apps script to check google finance mutual fund quot...
by EHEngineer
Wed Apr 25, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: New 34, Bogle convert wanting to make sure I don’t screw up 401k
Replies: 13
Views: 1209

Re: New 34, Bogle convert wanting to make sure I don’t screw up 401k

Hi Kduqchick, It seems like you're just beginning the process of understanding your investments and managing your money. Don't stress out. It's a process, and you can take your time. Your questions are all reasonable, but you need to provide more detail so the folks here can advise. There is a stand...
by EHEngineer
Tue Apr 24, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109300

Re: To take or not to take delivery of Tesla 3

emphasis added that's pretty clear and unambiguous. No matter what the autosteer disclaimer says, that tesla MX didn't do what the website claims it would do. And that guy died. I haven't cancelled my reservation. For now I'm sitting on it. I will admit that I was really really looking forward to ow...
by EHEngineer
Tue Apr 24, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109300

Re: To take or not to take delivery of Tesla 3

10 days ago I got my M3 configuration invitation. However, tesla's reaction to the deadly March autopilot MX crash has dampened my enthusiasm and I'm wondering what yall think about this. I was very dissapointed in their response. I wanted a response similar to the deadly autopilot MS crash in FL i...
by EHEngineer
Tue Apr 24, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3860

Re: How to be a good executor to family

First, I'm sorry for your loss. And I wish you luck being an executor. Its a thankless job. I hope it isn't contentious. This book is a great guide. It's full of useful tips. https://www.amazon.com/nolo-executors-guide-Books/s?ie=UTF8&page=1&rh=n%3A283155%2Ck%3Anolo%20executors%20guide One thing tha...
by EHEngineer
Mon Apr 16, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109300

Re: To take or not to take delivery of Tesla 3

10 days ago I got my M3 configuration invitation. However, tesla's reaction to the deadly March autopilot MX crash has dampened my enthusiasm and I'm wondering what yall think about this. I was very dissapointed in their response. I wanted a response similar to the deadly autopilot MS crash in FL in...
by EHEngineer
Fri Apr 13, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 goes into the ether. what now?
Replies: 21
Views: 1912

Re: 1040 goes into the ether. what now?

I'd file Form 4868 (extension to file) if I was worried that the 1040 would not get there in time and then not worry about it until October. My vote is for livesoft's idea. Buy yourself some peace of mind. Anecdotally... I recently certified mailed a life insurance annual premium check. The insuran...
by EHEngineer
Fri Apr 13, 2018 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: sprawling portfolio need sanity check
Replies: 5
Views: 629

Re: sprawling portfolio need sanity check

-Rebalance His Vanguard 401k to: -60% Vanguard Instl 500 Index Trust (—/5796) 0.013% -40% Vanguard Instl Ext Market Idx Tr (—/5798) 0.04% why are you overweighting this? See next comment. -Roll Her Principal 403b money into Her Valic 403b and rebalance entirety to: I personally dont like mimicking ...
by EHEngineer
Fri Apr 13, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Home remodel questions
Replies: 10
Views: 1600

Re: Home remodel questions

Thank you all. I spoke with the chief architect and they changed #2 to say that all design rights transfer to me when I pay the design fees. He said this provision was left over from when he did designs that could be replicated, like condos or apartments. In my case it is a remodel, so the design pr...
by EHEngineer
Fri Apr 13, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: sprawling portfolio need sanity check
Replies: 5
Views: 629

Re: sprawling portfolio need sanity check

Welcome to bogleheads. Questions: 1. Quite frankly I’m a bit overwhelmed with the options available and how best (optimally) to rebalance between all accounts. So any recommendations here would be GREATLY appreciated. My stab to get us back on track is below. There are other options available in the...
by EHEngineer
Fri Apr 06, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: Home remodel questions
Replies: 10
Views: 1600

Home remodel questions

I'm reviewing a contract for a home remodel. Having never done this I wanted to know what yall think about a couple things that I don't understand / seem less than assuring. 1)Termination: "Either party may terminate the project at any time without penalty, with fees due on services rendered only." ...
by EHEngineer
Wed Feb 07, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: 1099-MISC and Where to Report Income
Replies: 6
Views: 625

Re: 1099-MISC and Where to Report Income

Not an accountant or an attorney. But that's what I do with my 1099-misc box 7 income. Schedule C and Schedule SE. Actually, HR Block tax software populates those for me.

By the way, you now have more opportunities to open tax advantaged accounts. Congrats on making partner.
by EHEngineer
Wed Feb 07, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9069

Re: Anyone else cashing out on *some* of the crazy earnings?

I have about 30% more in retirement funds than my Investment policy / my plan says I should hve . I have considered reducing risk. However, my plan says that if I reduce risk I will never increase it. It's a one way commitment. I suggest you make the same commitment in order to avoid emotional mist...
by EHEngineer
Wed Feb 07, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: CD Ladders or Tax-Exempt Bonds in Taxable
Replies: 5
Views: 1237

Re: CD Ladders or Tax-Exempt Bonds in Taxable

I sympathize with your decision. Just last night I was also considering, 'where should I invest taxable bond money?' As stan pointed out, this is not about finding the right answer, it is about choosing the risks you want. You are considering stock market performance, changes in your retirement date...
by EHEngineer
Thu Feb 01, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9069

Re: Anyone else cashing out on *some* of the crazy earnings?

Just so you are not disappointed, my comment would be that timing the market is a losing proposition. Capture your gains by rebalancing and just stay the course. For me, in the saving phase, the rebalancing benefit has been hard to "see." Because I get paid every two weeks, and each paycheck has th...
by EHEngineer
Thu Feb 01, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9069

Re: Anyone else cashing out on *some* of the crazy earnings?

Going to throw this out there, pretty much knowing what people are going to say. But how many others are out there, thinking the same way. Account is up a very healthy amount the last year, not to mention just the last 4 weeks (well into the 5 figures). I think the run up in the last year is 80% em...
by EHEngineer
Thu Feb 01, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Can anyone explain the reasoning behind [Vanguard Total Bond Index vs Vanguard Investment Grade Bond]
Replies: 8
Views: 1124

Re: Can anyone explain the reasoning behind

Hi Lyra - Sometimes the bond fund name is not sufficient to understand what it contains. look at the vanguard page for each fund, click on the "portfolio & management" tab. Then compare the duration of the two funds. Also on that page, look at the table of "distribution by credit quality." You will ...
by EHEngineer
Wed Jan 31, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Rebalancing our portfolio
Replies: 2
Views: 317

Re: Help with Rebalancing our portfolio

Few things:
ticker symbols need names and current allocation percentages.
you need a desired asset allocation
have you considered tax adjusted asset allocation (wiki article)?
by EHEngineer
Wed Jan 31, 2018 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Indexed Universal Life Question
Replies: 15
Views: 1464

Re: Indexed Universal Life Question

So my question to the insurance experts, is what to do now? Or at least what variables should I be looking at to make that decision. I understand a cheap term policy is typically the right answer. Appreciate your advice and time. CAGR Make sure you have a term policy(s) in place before you cancel t...
by EHEngineer
Wed Jan 31, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with Ameriprise annuities
Replies: 37
Views: 2437

Re: What to do with Ameriprise annuities

I will pay off ARM which comes due May 2018 from ROTH? Thanks. Annieacres - This question is best answered after considering your current and future tax rates. It would be a shame to use your roth to avoid 18% tax, only to pay 31.3% later. What month will you recieve your first annuity payment from...
by EHEngineer
Wed Jan 31, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with Ameriprise annuities
Replies: 37
Views: 2437

Re: What to do with Ameriprise annuities

I'm single retired 65 lady, Annual income $32,000 includes pension and SS. live in CA with high cost of living. $80,000 ARM on my home. In 2006 was I sold 2 variable annuities from Ameriprise. Unfortunatley I believe both are have investments in proprietary. No serender charges apply. *FIRST ANUITY...
by EHEngineer
Fri Jan 26, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help with parent’s portfolio
Replies: 26
Views: 1936

Re: Help with parent’s portfolio

Sounds like you are making some progress. <snip> I'm also struggling to put together an asset allocation for her. I'm not sure how to view the annuities + social security vs her investable assets. I haven't reviewed the details since before, but this question is an easy one. If she is spending $100k...