Search found 22825 matches

by dbr
Mon Sep 18, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 170
Views: 28222

Re: Wow, Vanguard Flagship service is bad. Really bad. Still bad!

Here it is, September 18 2017, and I am sorry to report terrifically bad service from Vanguard Flagship service. Without getting into minute detail, I had asked to have some details added to a confirmation statement during a call to a regular non-Flagship representative. This person forwarded the r...
by dbr
Mon Sep 18, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Refinishing a Basement - Contractor - Contracts
Replies: 15
Views: 715

Re: Refinishing a Basement - Contractor - Contracts

I was wondering if anyone would have any thoughts on the following issue. I will be hiring a contractor to refinish a basement. The approximate cost will be $15,000. I will be required to buy the flooring and have it at my home a few days before the work is to begin. Here is the issue. There is no ...
by dbr
Mon Sep 18, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: What is the main purpose of rebalancing?
Replies: 52
Views: 2895

Re: What is the main purpose of rebalancing?

Those who continue to promote the buy low/sell high concept should probably research the subject to see if rebalancing actually accomplishes this end and is a management process to significantly increase return without taking additional risk. I would leave it as an exercise for the forum to determin...
by dbr
Mon Sep 18, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Refinishing a Basement - Contractor - Contracts
Replies: 15
Views: 715

Re: Refinishing a Basement - Contractor - Contracts

I was wondering if anyone would have any thoughts on the following issue. I will be hiring a contractor to refinish a basement. The approximate cost will be $15,000. I will be required to buy the flooring and have it at my home a few days before the work is to begin. Here is the issue. There is no ...
by dbr
Mon Sep 18, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Good books for bond investing?
Replies: 16
Views: 1102

Re: Good books for bond investing?

I don't have a great suggestion though might mention looking into Ferri's asset allocation book and the general financial planning books of Swedroe and others. In my mind bond investing comprises a morass of irrelevant choices to be navigated while keeping one's eye on the simple principles of asset...
by dbr
Mon Sep 18, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: What is the main purpose of rebalancing?
Replies: 52
Views: 2895

Re: What is the main purpose of rebalancing?

As a side benefit, selling your outperformers and buying underperformers is the definition of "buy low / sell high", the formula for making money in the market. :wink: It takes a lot of proving to show that rebalancing actually does any such thing. The actual effect of rebalancing in the long term ...
by dbr
Mon Sep 18, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: What is the main purpose of rebalancing?
Replies: 52
Views: 2895

Re: What is the main purpose of rebalancing?

All main U.S. stock indexes are reaching historic new highs, and bond indexes are dropping. It seems to be a good time to rebalance. However, it is painful to sell the winners and buy the losers. So what is the main purpose of rebalancing? Is it preserving the stability of a portfolio, or increasin...
by dbr
Mon Sep 18, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: 2018 Outback Limited vs. 2017 CR-V EX-L
Replies: 33
Views: 1751

Re: 2018 Outback Limited vs. 2017 CR-V EX-L

2018 Outback .... Dislikes - 25-26 mpg - slower (9.1second 0-60 Car and Driver) Yeah, that's quite slow. Imo, a slow car is a safety hazard -- one of the reasons we ditched our older CR-V. If 0-60 in 9.1 seconds is a safety hazard, the problem is not the car. You probably don't merge much in dense ...
by dbr
Mon Sep 18, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?
Replies: 36
Views: 2624

Re: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?

A year later I tried to enroll Dad in Social Security Online. The system wouldn't take it, so I finally called the SS office and asked for help. It turned out that their database verified account IDs by using the credit bureaus (in this case, Experian) but the freeze was locking out the SSA. I trie...
by dbr
Mon Sep 18, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 38
Views: 2094

Re: The Difference Between Risk and Uncertainty

I'd also note that arguing definitions seldom satisfies anyone. I find Knight's distinction (the odds v. not knowing the odds) useful, but rather than trying to get people to agree on definitions, I think it would be more productive to discuss how to apply the concepts. For example, one might say s...
by dbr
Mon Sep 18, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: Are long-term market returns reliable?
Replies: 38
Views: 3751

Re: Are long-term market returns reliable?

I'm not sure I agree with the comments that, even if poor outcomes can result after 30 years of disciplined saving and investing, that information is not actionable. It's in the hands of the Gods. All we can do is continue to chug along like good soldiers, do what we always do, and believe -- that'...
by dbr
Sun Sep 17, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: 2018 Outback Limited vs. 2017 CR-V EX-L
Replies: 33
Views: 1751

Re: 2018 Outback Limited vs. 2017 CR-V EX-L

2018 Outback likes - conservative/plain Jane look :shock: :shock: Well, one could go for the Lexus SUV's for a look then. :oops: But I think things like this are personal and any one person could choose the one vehicle or the other. I don't know what the features are that do or don't matter. I gues...
by dbr
Sun Sep 17, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: My in-laws' nest egg of $50k
Replies: 34
Views: 4082

Re: My in-laws' nest egg of $50k

Absolutely that money is an emergency fund and should just be in a savings account.
by dbr
Sun Sep 17, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 38
Views: 2094

Re: The Difference Between Risk and Uncertainty

This kind of question does not have a short and definitive answer. To a great extent the actual answer is you give me your definition of risk and your definition of uncertainty and you will have answered your own question. In investing risk is conventionally defined as the variability of (annual) re...
by dbr
Sun Sep 17, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 40
Views: 2391

Re: Buying nightguards (teeth grinding)

TxAg wrote:
Sun Sep 17, 2017 5:16 pm
Bought one from the dentist. $300. Now I never wear it but should.
Yes, it remains to be seen if a dentist made guard is comfortable enough to wear either.
by dbr
Sun Sep 17, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: Are long-term market returns reliable?
Replies: 38
Views: 3751

Re: Are long-term market returns reliable?

Thanks for that fine analysis dbr! So, if there is little correlation, isn't Firecalc the one that's most relevant for setting up a plan to use your assets for income. And therefore, regardless of the findings at top of this thread, I should simply not worry and be happy? There are two steps, the a...
by dbr
Sun Sep 17, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pocket money allowance for college student
Replies: 48
Views: 2394

Re: Pocket money allowance for college student

Maybe it would help to be more explicit about what this money might be needed for. I imagine students need to occasionally buy clothing, odds and ends for the dorm room, going out for a burger, pizza, and beer from time to time (Does your allowance intend to finance keggers six weekends a year?), bu...
by dbr
Sun Sep 17, 2017 4:34 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 40
Views: 2391

Re: Buying nightguards (teeth grinding)

Amazon has various mouth guards for sale- some larger and thicker than others. I purchased 3-4 types of inexpensive guards, tried each out for a week or so, and use the one I liked best. Below is what I currently use. It is a little larger and has more give than the typical thin fairly hard shell t...
by dbr
Sun Sep 17, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 40
Views: 2391

Re: Buying nightguards (teeth grinding)

Just to quantify, the plastic in the nightguard my wife has from the dentist is about 1/10 the thickness of the plastic in the store bought one after molding. It doesn't have parts that cover the pallet or lie alongside the gums. The store bought one intrudes significantly along the pallet, upside t...
by dbr
Sun Sep 17, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: What am I missing, Bogle/Buffet investment philosophy
Replies: 19
Views: 1705

Re: What am I missing, Bogle/Buffet investment philosophy

As I understand it the Bogle/Buffet investment philosophy ( as stated by John Bogle and Warren Buffet) can basically be distilled down to the 2 points below. Am I missing something? :confused 1) Have enough in Fixed Income so you can sleep well at night 2) Invest the rest in a low cost S&P 500 fund...
by dbr
Sun Sep 17, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 40
Views: 2391

Re: Buying nightguards (teeth grinding)

I use one that I got from walmart for sports it's just a mouth piece that you put in hot water then fit it to your mouth. They cost $2.00 and last 5 years. You'll grind though it eventually but it will take a while. Right, that is the kind of device I would never be able to wear through a night. Th...
by dbr
Sun Sep 17, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 40
Views: 2391

Re: Buying nightguards (teeth grinding)

Strange you should mention that. I took a flyer on these: https://www.amazon.com/gp/product/B01JNH3XFO/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1 and found that they are bulky and uncomfortable to the point of being useless. I had no problem doing the processing to get them to fit. It is clear that...
by dbr
Sun Sep 17, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Are long-term market returns reliable?
Replies: 38
Views: 3751

Re: The myth about long-run stock returns

Isn't this chart at odds with the Trinity Study/standard Monte Carlo analysis/Firecalc findings? If there was a substantial proportion of stock market returns being very low over many 30+ year periods, wouldn't this show up in Firecalc success/failure probability conclusions? Failures in FireCalc h...
by dbr
Sun Sep 17, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3227

Re: Should I contact a lawyer?

Your original question was whether or not you should contact a lawyer. I think the only way to answer that question is to contact a lawyer and find out. The first thing a lawyer will ask you is "What do you want?" so you need to be clear on what it is you want. If it were me, from what you have said...
by dbr
Sun Sep 17, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 63
Views: 4554

Re: Lawyer overbilling for prenup review

The only wrinkle really was that we wanted community property to be built up for five years and then after that additional income would be separate property . This did not seem terribly complex to me. Many of his suggested edits were simply sections that failed to mention that the section does not ...
by dbr
Sun Sep 17, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 2434

Re: Vanguard customer service/technology = "Bad returns in Bad times"

I'd be fine if they didn't want to support mutual fund to ETF conversions or other transactions that are somewhat complex. If they can't do it accurately, I'd say that's actually preferable. Like you said, the books have to be accurate. If you can't do something well and don't want to spend the mon...
by dbr
Sun Sep 17, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3227

Re: Should I contact a lawyer?

It doesn't solve much, but DW has taken to only sharing PDFs with some colleagues who have very flexible definitions of authorship. It can be gotten around, but at least it makes them work a bit :D As a volunteer in a school I see teachers, students, and people such as myself having to wrangle with...
by dbr
Sun Sep 17, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3227

Re: Should I contact a lawyer?

Chevca, I can see how it looks personal. When she took over the course I shared all of the curriculum guides, calendar, assessments, vocabulary lists and a number of projects. She’s asked for help with a few advanced topics over the past 2 years and I’ve provided some guidance. The 124 page documen...
by dbr
Sun Sep 17, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Can I move American Funds to Schwab
Replies: 3
Views: 219

Re: Can I move American Funds to Schwab

I have $200K in American funds at Prudential (bought a long time ago...). Would it be cost effective to move them to Schwab? Also will Schwab accept a different asset class than the one they offer? Tx! The expense ratio charged by the fund will not change. You can't get back the load. I don't know ...
by dbr
Sun Sep 17, 2017 9:50 am
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3227

Re: Should I contact a lawyer?

Be very careful you are clear in your own mind what the issue is here: 1. Intellectual property rights. (You probably don't have any in this case.) 2. A spite fight between you and another teacher. (This shows through your post and is more likely to be negative than positive for you.) 3. District po...
by dbr
Sat Sep 16, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 6436

Re: Distressing news -> Flight to Safety ?

Regarding treasury bonds, does anyone own Fidelity Long-Term Treasury Bond Index Fund - Premium Class? Would this be a decent bond fund during an equity drop? It is a credible contention that the best bond holding to mix with a high stock allocation is long term bonds. The argument is based in part...
by dbr
Sat Sep 16, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: 24 care home care for family member
Replies: 23
Views: 2135

Re: 24 care home care for family member

Thanks everyone - thought I had posted a response before, but apparently it failed to go through. So helpful to hear everyone's advice, and I think the most difficult part is involving the person needing care as the person gradually loses the ability to make informed decisions that will lead to saf...
by dbr
Sat Sep 16, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: What care services are available for elderly grandfather (MA)?
Replies: 11
Views: 596

Re: What care services are available for elderly grandfather (MA)?

In some counties the county social services organization can be extremely helpful. I found that where I live but the county involved is one of those in a high tax state where government also decides that taking care of people is a serious responsibility. In the event your grandfather might need to b...
by dbr
Sat Sep 16, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice on kids money
Replies: 6
Views: 757

Re: Advice on kids money

The first advice is don't invest at EJ. The second advice is don't buy FKINX. You know that they took away 4.25% of the money before you were even invested, right? As to matching the investment to the objective, I would probably just put money I really, definitely, intend to spend in five to seven y...
by dbr
Sat Sep 16, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Bipolar Investor Wants to Roll The Dice
Replies: 12
Views: 1559

Re: Bipolar Investor Wants to Roll The Dice

Without a doubt if you want to "have fun" with 1% of your money the last thing to consider is boring mutual funds from a boring company like Vanguard. I would start looking around for some fascinating small companies doing something interesting that you can follow and invest in that. Alternatively y...
by dbr
Sat Sep 16, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 63
Views: 4554

Re: Lawyer overbilling for prenup review

If the time limit you specified included the language "or so" and the 1-2 hour estimate is your estimate and not his in writing, you may have little to stand on. His defense is that you wanted a job done and he did that job responsibly. A practical question is how much money is actually involved he...
by dbr
Sat Sep 16, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: 24 care home care for family member
Replies: 23
Views: 2135

Re: 24 care home care for family member

My experience having hired home health care and having used a nursing home is that hiring the home health care did not end up being superior to the home though it was considerably more expensive and a huge job for me. The people we used were personal friends who were licensed for home health care. T...
by dbr
Sat Sep 16, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 63
Views: 4554

Re: Lawyer overbilling for prenup review

If the time limit you specified included the language "or so" and the 1-2 hour estimate is your estimate and not his in writing, you may have little to stand on. His defense is that you wanted a job done and he did that job responsibly. A practical question is how much money is actually involved her...
by dbr
Sat Sep 16, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Whole Life Insurance Agent Will Not Cash Out My plans
Replies: 14
Views: 2010

Re: Whole Life Insurance Agent Will Not Cash Out My plans

If everything has transpired on the telephone you have nothing. Start by writing a letter to the agent politely listing your specific request. If you do not receive a satisfactory reply write a letter directly to the company. If that does not produce a satisfactory result file with your state insura...
by dbr
Sat Sep 16, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA has 16 Corp Bonds in it
Replies: 16
Views: 1033

Re: Inherited IRA has 16 Corp Bonds in it

Financially the right answer is to just sell the bonds. However at 5% of your IRAs altogether and if it were me I would just keep them and avoid the hassle. Have you laid out how rapidly these bonds are going to be redeemed anyway to meet the RMD for this particular IRA? That schedule is five years ...
by dbr
Sat Sep 16, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 2434

Re: Vanguard customer service/technology = "Bad returns in Bad times"

After all the surest way to . . . see below . . . is walk into the office off . . . see below . . . . . . be sold expensive advice and funds . . . a financial advisor . . . be sold insurance . . . an insurance salesman . . . a lousy overpriced used car . . . a used car dealer . . . an expensive din...
by dbr
Fri Sep 15, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 6436

Re: Distressing news -> Flight to Safety ?

Let's get back on topic and see if we can find any reason a person should exchange TBM for Treasuries at the present time because there is distressing news. This is not about stocks. It was fhe OP that asked me about equities. If you believe Washington dysfunctional why would you want US Treasuries...
by dbr
Fri Sep 15, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable Trust - EFT to Trustee's Bank Account
Replies: 11
Views: 503

Re: Irrevocable Trust - EFT to Trustee's Bank Account

I was a beneficiary of a trust. The trustee simply transferred funds into a checking account which was in fact a joint checking account with someone else. The trustee company was the Private Client Group of a bank. My checking account was with the same bank.
by dbr
Fri Sep 15, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 6436

Re: Exchange TBM into Treasuries?

livesoft wrote:
Fri Sep 15, 2017 6:38 pm
dbr wrote:
Fri Sep 15, 2017 6:35 pm
Let's get back on topic and see if we can find any reason a person should exchange TBM for Treasuries at the present time because there is distressing news. This is not about stocks.
Then the thread should be changed.
Yes, the title does not describe the OP.
by dbr
Fri Sep 15, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased Mother medical bill
Replies: 21
Views: 2176

Re: Deceased Mother medical bill

Not a lawyer, but why do anything. You are NOT the patient. The issue is between the company and the patient. You are neither. Hopefully, a lawyer can chime in if one is legally obligated to notify a creditor when someone is dead when they are attempting to contact said person trying to collect. My...
by dbr
Fri Sep 15, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 6436

Re: Distressing news -> Flight to Safety ?

Let's get back on topic and see if we can find any reason a person should exchange TBM for Treasuries at the present time because there is distressing news. This is not about stocks.
by dbr
Fri Sep 15, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 2434

Re: Vanguard customer service/technology = "Bad returns in Bad times"

To the two posters saying that Vanguard's "hands are not clean.". All you have backed that up with is that they charge .3% for advisory services. Charging for services rendered is not the same as having dirty hands. Can you elaborate on what you mean, or clarify, or perhaps rephrase or retract? Or ...
by dbr
Fri Sep 15, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: 2017-18 Outback MPG
Replies: 19
Views: 961

Re: 2017-18 Outback MPG

That 16 for city is peculiar. I own a 2105 Outback and can get as low as 18 in a period of time the ambient temperature is around ?zero F and driving distances are two and three mile trips. That number is really not possible as an average over seasons and drivers in the city. Maybe they got that dr...
by dbr
Fri Sep 15, 2017 6:17 pm
Forum: Personal Consumer Issues
Topic: 2017-18 Outback MPG
Replies: 19
Views: 961

Re: 2017-18 Outback MPG

I wonder how many here have or have had a Subaru? I really like the Outback as it seems like the perfect vehicle. I see many up here in the Northeast and most are quite old > 15 years old and still look quite good. The problem I have is most reviews are negative about this brand yet why do people k...
by dbr
Fri Sep 15, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: 2017-18 Outback MPG
Replies: 19
Views: 961

Re: 2017-18 Outback MPG

That 16 for city is peculiar. I own a 2105 Outback and can get as low as 18 in a period of time the ambient temperature is around ?zero F and driving distances are two and three mile trips. That number is really not possible as an average over seasons and drivers in the city. Maybe they got that dri...