Search found 424 matches

by Strayshot
Tue Jan 22, 2019 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: help with financial planning
Replies: 35
Views: 3221

Re: help with financial planning

Folks from any state can use any 529, but if their state offers a state tax deduction and they want to get it, they must use their states 529 plan. CA offers no state tax deduction, so OP can pick whatever plan has reasonable funds (Utah is usually recommended for vanguard fund selection). The benef...
by Strayshot
Mon Jan 21, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Questions about Fidelity
Replies: 21
Views: 1666

Re: Questions about Fidelity

We’ve been at Fidelity for over 35 years. I’ve never use the debit card. Perhaps you can help me OP, why does one use a debit card instead of a credit card? Thanks Some may not have the credit to get a credit card, and or some dont like the idea of using credit cards and prefer using cash and tryin...
by Strayshot
Sat Jan 19, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3559

Re: How much money does one need to setup a private S&P 500 fund?

Please clarify. If I am paying nothing to hold a fund, no fees, no expense ratio, nothing, how exactly is that not free? Read the prospectus for each of the Zero Funds. They on average assume their actual costs are approximately 0.045% and they willingly are waiving those fees. That means somewhere...
by Strayshot
Sat Jan 19, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3559

Re: How much money does one need to setup a private S&P 500 fund?

I can't tell whether you're serious or not. I stated this is most likely academic because of today's low fees. Still there must be a sum where it makes sense to setup a private index fund. I like voting my shares too; one can't do that with mutual funds. Fidelity Zero Total Market Fund has 0 ER, $0...
by Strayshot
Sat Jan 19, 2019 9:35 am
Forum: Investing - Help with Personal Investments
Topic: What To Do With Our Money?
Replies: 4
Views: 769

Re: What To Do With Our Money?

When you went to duel income, did your money fight with swords or with pistols? Just curious....... In other news, I would be most concerned about the low cost medical and dental. Does your future employer after the career change offer something similar? Otherwise you might see your medical spending...
by Strayshot
Fri Jan 18, 2019 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: help with financial planning
Replies: 35
Views: 3221

Re: help with financial planning

I read through all this and think retiredjg and Brantley covered pretty much everything. My .02 would be to go with retiredjg’s option 1 for simplicity. I would move the brokerage and the IRA to Vanguard as there is nothing that wealthfront offers that is better than what Vanguard offers, so if the...
by Strayshot
Fri Jan 18, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 129
Views: 7118

Re: How much house can I afford (really)?

I like reading these kinds of posts, lots of different viewpoints. I am amazed at how aggressive some folks are about their frugality! Hard messages make lots of impact I guess, better not post this question on MMM or you may get crucified! OP, you have plenty of space (3000 sq ft for a family of 4 ...
by Strayshot
Thu Jan 17, 2019 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: help with financial planning
Replies: 35
Views: 3221

Re: help with financial planning

I read through all this and think retiredjg and Brantley covered pretty much everything. My .02 would be to go with retiredjg’s option 1 for simplicity. I would move the brokerage and the IRA to Vanguard as there is nothing that wealthfront offers that is better than what Vanguard offers, so if ther...
by Strayshot
Thu Jan 17, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: The Worth Of A Man: A Tribute To John C. Bogle
Replies: 44
Views: 5006

Re: The Worth Of A Man: A Tribute To John C. Bogle

Good column. You know you're the closest thing we have left to someone like Jack right? Big shoes to fill. No pressure. +1 :sharebeer One of the many amazing things about Jack was that he kept on message sharing his/our philosophy until his last breath via almost every form of media. He was well co...
by Strayshot
Wed Jan 16, 2019 8:40 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 852
Views: 44639

Re: John Bogle is dead at 89

RIP, an amazing person, inspiration, and a massive lifetime contribution to an industry that is usually just interested in separating people and their hard earned dollars.
by Strayshot
Mon Jan 14, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2164

Re: What's your experience upgrading to Quicken 2018 or 2019?

So many people in this thread mention inputting transactions by hand and it totally blows my mind! :confused If I had to manually enter all of my transactions, it would literally take me like an hour each day of pure pain and suffering. I have a single retirement account (from Ascensus) that won’t d...
by Strayshot
Sun Jan 13, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2164

Re: What's your experience upgrading to Quicken 2018 or 2019?

I love Quicken, been a user for more than a decade. My upgrade to 2018 and the follow up upgrade to 2019 went off without a hitch. No data loss or any other issues. I track multiple retirement accounts, bank accounts, loans, mortgage, and credit cards. I prefer the modern software-as-a-service appro...
by Strayshot
Fri Jan 11, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Advice for retiring parents: converting 401k to Roth IRA
Replies: 19
Views: 1659

Re: Advice for retiring parents: converting 401k to Roth IRA

If the 401k does not have any particularly good or unique investment options vs what are available in an IRA at a major firm (Fidelity, Vanguard, Schwab) I would just roll the entire 401k into an IRA and start doing partial conversions every year in the $$ amount you desire based on taxability. Make...
by Strayshot
Thu Jan 10, 2019 9:11 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12666

Re: Recommendations for a 9mm handgun

From a fiscal standpoint, there are several well made polymer semi-auto pistols from Sig, S&W, and Glock that all are good guns. You should be paying under 700 or so. HK are nice but more expensive. Ruger makes some great revolvers as does S&W also under 700. S&W just came out with the Shield 380 E...
by Strayshot
Thu Jan 10, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12666

Re: Recommendations for a 9mm handgun

From a fiscal standpoint, there are several well made polymer semi-auto pistols from Sig, S&W, and Glock that all are good guns. You should be paying under 700 or so. HK are nice but more expensive. Ruger makes some great revolvers as does S&W also under 700. S&W just came out with the Shield 380 EZ...
by Strayshot
Wed Jan 09, 2019 10:12 pm
Forum: Personal Consumer Issues
Topic: Weekend in “west” ... recommendations
Replies: 17
Views: 1214

Re: Weekend in “west” ... recommendations

Southwest has nonstops from OAK to ABQ and back. Come out on a Friday on the morning flight, take everyone up on the tram after you land and wander around the Sandia peak, check in to a hotel in ABQ, then dinner at a nice spot like Sadie’s or el pinto or if you want a view go to bien shur at the top...
by Strayshot
Sun Jan 06, 2019 9:54 am
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6047

Re: Do you have a fun finance-related hobby?

And realizing I derailed the thread a bit, back on topic: I also play credit card games for points and miles, and do some gambling in my taxable account with individual companies, but mostly just try to stay updated on various financial topics. I wouldn’t touch anything “crypto” with an infinitely l...
by Strayshot
Sun Jan 06, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6047

Re: Do you have a fun finance-related hobby?

The saddest thing of all is that these folks don’t realize that when HR Block or some other shady tax prep place do their taxes that between the prep cost and the payday loan style refund “advance” they are loosing like quarter to half of their refund and it is money they really need. Is HR Block a...
by Strayshot
Sat Jan 05, 2019 11:38 am
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6047

Re: Do you have a fun finance-related hobby?

This is exactly what I was going to suggest. I started 3 yrs ago and it's been very rewarding. Give it some thought. Have you considered becoming an AARP Tax-Aide volunteer to prepare taxes for the low income and elderly? https://www.aarp.org/money/taxes/aarp_taxaide/ A family member did this for s...
by Strayshot
Fri Jan 04, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6047

Re: Do you have a fun finance-related hobby?

This is exactly what I was going to suggest. I started 3 yrs ago and it's been very rewarding. Give it some thought. Have you considered becoming an AARP Tax-Aide volunteer to prepare taxes for the low income and elderly? https://www.aarp.org/money/taxes/aarp_taxaide/ You will have to attend traini...
by Strayshot
Sat Dec 29, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Saving at Costco
Replies: 109
Views: 8116

Re: Saving at Costco

I love Costco! My largest purchase this year wasn’t AT Costco, it WAS Costco. Yeah, I know it’s not boglehead but it’s in taxable and only 3% of my overall portfolio. That company is on the up and up. The Orvis jackets they have right now are a bargain for a nice light jacket for 15$. I made corned ...
by Strayshot
Thu Dec 20, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 186
Views: 20184

Re: Fidelity as a one stop shop

Been with Fidelity over 2 decades, no complaints. 2 brokerage accounts, 3 cash management accounts, 2 IRA’s, a 401K, a DAF, ATM and 2% credit card. Soon there will be a UTMA in the mix. Free checks and mobile check deposit, no gimmick ATM charge rebates, fund ER’s and trade fees that are the lowest ...
by Strayshot
Thu Dec 20, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Will you contribute all $6,000 to IRA in Jan or DCA?
Replies: 32
Views: 1959

Re: Will you contribute all $6,000 to IRA in Jan or DCA?

My $12K will go in all at once and get backdoored the next day.......
by Strayshot
Sun Dec 09, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Are you glad you bought an Xfinity Telephony Modem?
Replies: 13
Views: 873

Re: Are you glad you bought an Xfinity Telephony Modem?

I have had Comcast “triple play” for years and have been very pleased. Currently I use the combo internet / home security / cable but previously I had a phone line with them simply because the price was cheaper with the phone than not. I hate telephony modems, options are limited and expensive for c...
by Strayshot
Wed Dec 05, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: Anybody Miss the Crypto Rage on BH Forums
Replies: 96
Views: 7159

Re: Anybody Miss the Crypto Rage on BH Forums

Kenkat wrote:
Wed Dec 05, 2018 7:32 pm
I am honestly surprised that Bitcoin has held up as well as it did. It stayed around $6k for several months. I wonder where the bottom will be now that it has begun to fall again?
Eventually Bitcoin will go back to its actual and original value, which is nothing.
by Strayshot
Tue Dec 04, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Edward Jones a Review and Analysis: Can Edward Jones be Used for a Boglehead Three Fund Portfolio?
Replies: 36
Views: 3674

Re: Edward Jones a Review and Analysis: Can Edward Jones be Used for a Boglehead Three Fund Portfolio?

So OP’s point is that if you micromanage the Edward Jones relationship, select specific products, and make sure you don’t get intentionally screwed by the assigned Salesman that you might be able to achieve a level of investment service and fees that approach the floor of that offered by other reaso...
by Strayshot
Thu Nov 29, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: First year with financial planner managing IRA did worse than index fund, should I pull out?
Replies: 24
Views: 2124

Re: First year with financial planner managing IRA did worse than index fund, should I pull out?

I wanted to offer up my services. For a mere $3900 a year (a savings of $100 over what you are paying now) I will absolutely guarantee you market-level returns every single year! No more worry about over or underperformance and you would be saving money. That, or you can purchase Taylor’s new book “...
by Strayshot
Fri Nov 23, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 5562

Re: New TV Recommendations Please?

The 65 inch vizio quantum at Costco for 1400 was my best deal pick, if they still have them that would be a no brainer in my opinion.
by Strayshot
Tue Nov 20, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: San Juan, Puerto Rico
Replies: 11
Views: 1603

Re: San Juan, Puerto Rico

Will you have a car? FYI I have never driven anywhere as frightening as Puerto Rico, the drivers are insane so be aware of that.... I would use Friday to go outside. Maybe do a morning hike in El Junque and then spend the afternoon in Fajardo and see the bio bay by kayak or something. Saturday morni...
by Strayshot
Sun Nov 18, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: Men's crew neck t-shirts
Replies: 47
Views: 3767

Re: Men's crew neck t-shirts

hi there BHs, Anyone has recommendations for comfortable (soft) crew neck t-shirts? I'm looking for some white crew neck t-shirts as undershirts for dress shirts. I am wearing Fruit of the Loom brand, but it's just ok. Thanks all. Try Costco Kirkland brand. +1 for Costco's Kirkland t-shirts Another...
by Strayshot
Fri Nov 16, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: My experience with iPhone6s battery replacement
Replies: 34
Views: 3107

Re: My experience with iPhone6s battery replacement

I would add that you should make sure your fingerprint detection / button are working properly after the battery replacement. Apparently there is a chance of messing up the display such that the fingerprint ID does not work afterwards and the regression test the techs put the phone through after the...
by Strayshot
Sun Nov 11, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3741

Re: International Travel during Maternity/Paternity

I laughed out loud when I first read this post! Are you not taking any PTO time off after birth? I would take at least 3 weeks off right after the birth as a new father with my first child. If nothing else your wife will need the support. Your plan as described is a genuinely terrible idea. If your ...
by Strayshot
Sat Nov 10, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Alcohol related gift idea - nice glasses for drinking spirits?
Replies: 17
Views: 1525

Re: Alcohol related gift idea - nice glasses for drinking spirits?

I am not a big fan of my whisky being on the rocks (or even one big rock) and only drink cocktails at bars, most of the time it is just neat and room temperature. I have a whole slew of glencairn glasses that work great and highly recommend them. https://en.m.wikipedia.org/wiki/Glencairn_whisky_glas...
by Strayshot
Wed Nov 07, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive Capital One 360 Checking & Savings
Replies: 7
Views: 808

Re: Inactive Capital One 360 Checking & Savings

I opened a 360 account to get a bonus, kept it open for a small amount of time, and closed it. Closing was done online and was a piece of cake (couple of clicks on the website).
If you don’t plan to use it and don’t need it, I would close it.
by Strayshot
Mon Oct 29, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: levolor , select blinds or bali cellular shades?
Replies: 8
Views: 1117

Re: levolor , select blinds or bali cellular shades?

I have Bali doublecell blackout top-down bottom-up cordless shades upstairs on 4 windows. They have been wonderful and only just recently after 12 years did one need repair, cost me about 50 bucks through Home Depot where I originally purchased. When I got them 70 inches was too wide for cordless, s...
by Strayshot
Sat Oct 13, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: defaulted Puerto Rico bonds - keep or sell ?
Replies: 3
Views: 499

Re: defaulted Puerto Rico bonds - keep or sell ?

If you only have 2 more years of working income, and both your short term (current tax rate) capital gains as well as long term capital gains rates are higher in those 2 years (which I would assume they are), and you have some gains to offset for some reason or another (rebalanced some taxable holdi...
by Strayshot
Thu Oct 11, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5334

Re: Feeling Guilt among family/peers

Never feel guilty about your financial state relative to others. Show empathy for their situations, but never guilt. You were not and are not the cause of any financial malfeasance amongst your friends and family. The irony is that talking about money is the best chance most folks have at learning h...
by Strayshot
Wed Oct 10, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2340

Re: What do you think of the Tesla craziness?

Another one of these threads? Someone please merge this with one of the other billion Tesla posts on here.
by Strayshot
Fri Oct 05, 2018 7:21 am
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 69
Views: 14146

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

I am a millionaire next door and, despite feeling slighted that I was not surveyed for this book, I will order a copy. Really I am looking for advice from the next version, which I hear is tentatively titled “The billionaire next door: time-tested roadmaps for the .000002%”
by Strayshot
Thu Oct 04, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Investing my first million
Replies: 46
Views: 7579

Re: Investing my first million

If by tax efficiency you mean one is a tax exempt bond fund and one is not, then yes you will owe a federal taxes on the interest from the Schwab ETF holdings. The reality is that municipal bonds and corporate bonds are different assets with different risk and returns, so you need to decide if the t...
by Strayshot
Thu Oct 04, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Need personal investment and estate planning help
Replies: 13
Views: 1069

Re: Need personal investment and estate planning help

I don’t know what you mean by “move out” unless somehow your 401k has a self directed option? You want the tax advantaged space in the 401k. We would need more details about the available options in your 401k to figure out a 3-fund style portfolio. I don’t even see an international option from what ...
by Strayshot
Thu Oct 04, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Need help starting out
Replies: 6
Views: 666

Re: Need help starting out

https://www.bogleheads.org/wiki/Three-fund_portfolio

https://www.bogleheads.org/wiki/Priorit ... nvestments

Save in tax advantaged accounts in an asset mix that is appropriate to your age until retirement and your risk tolerance. Strive to save at least 15% of your gross income.
by Strayshot
Tue Oct 02, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Need personal investment and estate planning help
Replies: 13
Views: 1069

Re: Need personal investment and estate planning help

That is good, it looks like your major items are covered. The emergency fund is separate from the 100k severance correct? Is the term life sufficient? Is your partner able to work if needed? Have you planned the ability to cover the duplex full mortgage if it is unoccupied with a tenant? Is this inc...
by Strayshot
Tue Oct 02, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Need personal investment and estate planning help
Replies: 13
Views: 1069

Re: What to do now

People who happily roll along in life do well until their lack of planning and an unlikely disruptive event force them to fall off the wagon. You need much more than to figure out what to do with your 100k severance. You need to look holistically at your financial picture and take actions. Do you ow...
by Strayshot
Tue Oct 02, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: Enjoying your money before retirement
Replies: 65
Views: 6459

Re: Enjoying your money before retirement

If at your 15% contribution rate you aren’t maxing your available tax advantaged space, it makes no sense to invest in taxable. Also, Roth contributions can be withdrawn penalty free after 5 years, so you could always take out some amount of Roth principle to buy that boat or round-the-world vacatio...
by Strayshot
Tue Oct 02, 2018 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Investing my first million
Replies: 46
Views: 7579

Re: Investing my first million

After reading this thread, I feel like you are entering the point of over-analysis and decision paralysis. You need to: - Pick a brokerage (Vanguard, Charles Schwab, Fidelity are all fine choices) - Get your money invested. For someone with $6M and who is only putting $1M into investments at this ti...
by Strayshot
Mon Oct 01, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 15702

Re: Sears, a 125 year old company is now a penny stock.

The fate of many retail stores. If you could somehow virtually try on a pair of shoes (i donno...scan your foot somewhere) and have a 95% accuracy rate, that would remove nearly most shoe sections in stores. Knowing the shoe size isn't enough in my opinion because even if they fit they may not be c...
by Strayshot
Mon Oct 01, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Where to put my play money, in taxable or sheltered?
Replies: 9
Views: 834

Re: Where to put my play money, in taxable or sheltered?

If you are not currently filling your available tax advantaged space, the only reason to utilize taxable would be to avoid penalties on money you need to spend in the near-term. If this play money is to be used in retirement, there is no reason not to use tax advantaged space if it is available. If ...
by Strayshot
Mon Oct 01, 2018 7:13 am
Forum: Personal Consumer Issues
Topic: Used Car on Lot for Year and a Half
Replies: 36
Views: 3690

Re: Used Car on Lot for Year and a Half

I would go buy it, particularly before some Sacramento-area boglehead beats you to it.....
by Strayshot
Mon Sep 17, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Financial situation/Health checkup - Stocks vs. Real Estate?
Replies: 17
Views: 1395

Re: Financial situation/Health checkup - Stocks vs. Real Estate?

You are doing great! Is there an index alternative to fidelity growth in your 401k with a lower expense ratio? If so I would move to that. I would start selling Microsoft stock, perhaps at the 50k/year level (whatever is in long term capital gains) and buying more total stock market. You have a lot ...