Search found 2695 matches

by Broken Man 1999
Thu Jul 18, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Condo Special Assessments
Replies: 8
Views: 718

Re: Condo Special Assessments

Be glad the maintenance activities are being performed now, if more units were having issues your assessment would be higher, most likely. Sounds like a pretty clear case of maintenance. Out of curiosity, what are your normal condo fees? What is your assessment for the re-roofing? At the least you w...
by Broken Man 1999
Thu Jul 18, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 45
Views: 3965

Re: Harrassed at work, what steps to take to protect her future employment

Possibly relevant... I worked as an engineer at a US electronics manufacturer from 1989 to 2002, leaving only when they completely stopped real manufacturing there (after a buyout) and it lingered a few more years doing service and support at that location. I remember one layoff in particular where...
by Broken Man 1999
Thu Jul 18, 2019 2:16 pm
Forum: Personal Consumer Issues
Topic: Extended warranty for kitchen appliances
Replies: 15
Views: 425

Re: Extended warranty for kitchen appliances

I never minded paying for appliances/TVs extended warranties when I was buying a new technology. They almost always paid off. I received my 60" Sony LCD TV because my Toshiba projection TV failed three times, so Best Buy replaced it, even change out. However, today the appliances/TVs are a lot cheap...
by Broken Man 1999
Thu Jul 18, 2019 1:47 pm
Forum: Personal Investments
Topic: Just sat through a wealth-management sales pitch.
Replies: 54
Views: 4914

Re: Just sat through a wealth-management sales pitch.

I just sat through 1-hour wealth-management sales presentation phone-call with a well-established 1% manager firm. It was a favor to a family friend whose daughter just started with that firm fresh out of college, and needed to meet a first month pitch quota. I respectfully disagree with this premi...
by Broken Man 1999
Thu Jul 18, 2019 11:44 am
Forum: Personal Consumer Issues
Topic: Thoughts on starting a life advisor business?
Replies: 15
Views: 853

Re: Thoughts on starting a life advisor business?

What type of credentials do you possess that would lead a client to believe you have knowledge of these various issues?

Broken Man 1999
by Broken Man 1999
Thu Jul 18, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: gift for a college bound niece
Replies: 12
Views: 499

Re: gift for a college bound niece

Do you know where she's going to school? Buying through the school can provide added services and ensure that the machine is appropriate, e.g.: https://cci.unc.edu/new-students/laptops/ This! She will be able to get the exact laptop she needs. And, possibly can save a few bucks as well. Broken Man ...
by Broken Man 1999
Wed Jul 17, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 39
Views: 2487

Re: Total Stock (US and Intl): Fidelity ZERO vs Vanguard

Personally while I think the Fidelity zero funds would be fine in a tax-deferred account, I wouldn't go all in in the zeros as they have very little history. As well I wouldn't go all in with a new Vanguard fund with a short history. My reluctance to invest is strictly due to fund length of history....
by Broken Man 1999
Wed Jul 17, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: "Objective" Importance of Keeping Your Physicians?
Replies: 63
Views: 4474

Re: "Objective" Importance of Keeping Your Physicians?

Interesting question! I think my answer, being in good health generally, but fragile at the same time, if that makes sense, I might want to stick around. Someone whose health is good probably could feel fine about relocating and getting a new set of health care folks. I am fortunate that my daughter...
by Broken Man 1999
Wed Jul 17, 2019 4:05 pm
Forum: Personal Investments
Topic: asset allocation anxiety
Replies: 27
Views: 1810

Re: asset allocation anxiety

We are at a 50/50 AA, and our returns are still very nice. As we age a few more years, I might be comfortable enough to let the equity allocation rise a bit, assuming the expenses stay decent, and if the bull is still running. The reason would be for legacy more than anything. Lots can happen, thoug...
by Broken Man 1999
Wed Jul 17, 2019 3:41 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 28
Views: 1969

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

Rick, I think the long discussions you and Larry have had in the forum are some of the best ones I have read. The fact you two can disagree without being disagreeable made the discussions even bettter. You both display passion for what you believe. FWIW, I have followed your suggestions on some thin...
by Broken Man 1999
Wed Jul 17, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Deck with Lattice skirt
Replies: 13
Views: 968

Re: Deck with Lattice skirt

Agree with comments about proper grading, drainage etc under deck. We had a problem with “critters” getting under the deck so we stapled plastic mesh behind the lattice to eliminate all but the mice. We also attached one lattice panel with hinges as a small “door” to access under deck. A couple of ...
by Broken Man 1999
Wed Jul 17, 2019 2:54 pm
Forum: Personal Investments
Topic: Bond fund versus individual bonds
Replies: 30
Views: 1220

Re: Bond fund versus individual bonds

I think I am going to get a broker to at least figure some of these things out and get set up. Be careful getting help, you might end up getting broker using a broker. I would continue to get questions answered in this forum, as the members have nothing to sell you. So far as bonds vs bond funds, I...
by Broken Man 1999
Wed Jul 17, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: A caution to Vanguard paper check users
Replies: 10
Views: 1158

Re: A caution to Vanguard paper check users

I have an alternate fund to protect myself from things like this. As well, since I don't like holding cash very much, I watch my Vanguard Federal Money Market fund closely, as there generally is just enough to transfer for expenses and cover any checks I might have written. Though, I have only writt...
by Broken Man 1999
Wed Jul 17, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Any downside to using 'trusted contact' feature for financial accounts?
Replies: 9
Views: 724

Re: Any downside to using 'trusted contact' feature for financial accounts?

The only downside I see is if the "trusted contact" loses your trust.

You can stop the sharing of info, but the now not trusted contact knows some of your business.

Broken Man 1999
by Broken Man 1999
Tue Jul 16, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 4672

Re: Do you care about your home appreciating?

I care, but I do not obsess. Where I really care about appreciation is observing what is going on in our neighborhood. I like our neighborhood a great deal. I have neighbors down a couple of doors from 30 years ago. Great place. Homes kept in good repair; lawns and landscaping kept trimmed, pleasing...
by Broken Man 1999
Tue Jul 16, 2019 2:49 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 1925

Re: Counseling a Colleague About Their Financial Advisor

Steer her to a copy of If You Can by Bill Bernstein. Fantastic little booklet. Simple to read and understand.

Broken Man 1999
by Broken Man 1999
Tue Jul 16, 2019 2:18 pm
Forum: Investing - Theory, News & General
Topic: Full list of Vanguard ETFs that are cheaper than their index funds?
Replies: 46
Views: 3042

Re: Full list of Vanguard ETFs that are cheaper than their index funds?

Do a search on "Vanguard lowers 21 ETFs ERs", there is a whole thread, mostly wailing and gnashing of teeth from mutual fund owners whose Admiral class equivalent mutual funds are now seeing ERs for ETFs lower than their Admiral class. Oh, the horror........ Me, I like it, I like it a lot! Broken M...
by Broken Man 1999
Tue Jul 16, 2019 12:58 pm
Forum: Personal Consumer Issues
Topic: Got robbed in London...Phone stolen...what else do I need to do?
Replies: 50
Views: 6429

Re: Got robbed in London...Phone stolen...what else do I need to do?

Daughter and grand-daughter are currently in London, tomorrow they will travel to Paris. My only concern for them earlier was the "yellow vest" demonstrations/riots/angry gatherings of people, but I think they have petered out. They are staying with friends at each location, so they should be fine. ...
by Broken Man 1999
Tue Jul 16, 2019 12:43 pm
Forum: Investing - Theory, News & General
Topic: Full list of Vanguard ETFs that are cheaper than their index funds?
Replies: 46
Views: 3042

Re: Full list of Vanguard ETFs that are cheaper than their index funds?

Do a search on "Vanguard lowers 21 ETFs ERs", there is a whole thread, mostly wailing and gnashing of teeth from mutual fund owners whose Admiral class equivalent mutual funds are now seeing ERs for ETFs lower than their Admiral class. Oh, the horror........ Me, I like it, I like it a lot! Broken M...
by Broken Man 1999
Tue Jul 16, 2019 8:51 am
Forum: Personal Investments
Topic: Grandparent 529s
Replies: 29
Views: 2096

Re: Grandparent 529s

As long as you trust your kids, I like the idea of contributing to 529s owned by your kids for benefit of the grandchildren. That way they, and their spouses, know you have committed to help with college expenses, rather than just making vague promises that sound good. Or if the 529 is in your name...
by Broken Man 1999
Mon Jul 15, 2019 7:20 pm
Forum: Personal Investments
Topic: Grandparent 529s
Replies: 29
Views: 2096

Re: Grandparent 529s

Well, sometimes more is said than done. If grandparents don't actually follow through it can certainly screw up parents. Grandchildren can't spend promises, yet so many people end up wondering what happened to the grandparent's pledges. Too often the money isn't available. If a grandparent makes pro...
by Broken Man 1999
Mon Jul 15, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

for advantage plans the dental "coverage" is a joke trust me I saw it in my practice until I got rid of it Dental coverage in my Advantage plan simply reimburses me $240 per year for getting twice yearly preventive dental care (cleaning and exam) at any licensed dentist of my choice. My dentist´s o...
by Broken Man 1999
Mon Jul 15, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: Baking in the summertime?
Replies: 34
Views: 2334

Re: Baking in the summertime?

We are all baking in the Sunshine State, temps in the mid nineties in the shade where my trusty temp sensor is located.

Broken Man 1999
by Broken Man 1999
Mon Jul 15, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7523

Re: No A/C in Office [not a safe work environment]

I once worked in a warehouse where each week I loaded TV picture tubes four high in a semi trailer. Trailer was backed up flush to the dock, not a chance of getting even a stray bit of breeze. Even that experience was nothing compared to working in my father's citrus groves. Honestly, I never though...
by Broken Man 1999
Mon Jul 15, 2019 6:29 pm
Forum: Investing - Theory, News & General
Topic: Full list of Vanguard ETFs that are cheaper than their index funds?
Replies: 46
Views: 3042

Re: Full list of Vanguard ETFs that are cheaper than their index funds?

Do a search on "Vanguard lowers 21 ETFs ERs", there is a whole thread, mostly wailing and gnashing of teeth from mutual fund owners whose Admiral class equivalent mutual funds are now seeing ERs for ETFs lower than their Admiral class. Oh, the horror........ Me, I like it, I like it a lot! Broken Ma...
by Broken Man 1999
Mon Jul 15, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

I wonder, then, why there are so many continuing complaints about the need to get referrals when folks are in HMOs? It's called cost containment, the name of the game for most HMOs. Let me try again.. When we were enrolled in several different HMOs over the years with employer plans, neither my wif...
by Broken Man 1999
Mon Jul 15, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: From ex-dividend to distrubution where is my money?
Replies: 91
Views: 4146

Re: From ex-dividend to distrubution where is my money?

I don't care one way or the other, as I have been getting dividends for decades, and I know the drill pretty well. Still, with the ginormous computing power available today, I would think it would be pretty easy to start snugging up that three weeks of time to progressively shorter and shorter lengt...
by Broken Man 1999
Mon Jul 15, 2019 3:05 pm
Forum: Personal Investments
Topic: Contributing to Roth IRA for my teen prior to receiving earned income
Replies: 17
Views: 1402

Re: Contributing to Roth IRA for my teen prior to receiving earned income

Thx lakpr for those key points on Zero Funds Broken Man, Yes. Zero Funds are available in Roth IRA. Sounds like you are good to go. If you are holding zeros in IRAs, you shouldn't have to worry about having to create capital gains if you want to exchange to something else. Hopefully your son will h...
by Broken Man 1999
Mon Jul 15, 2019 2:38 pm
Forum: Personal Investments
Topic: Contributing to Roth IRA for my teen prior to receiving earned income
Replies: 17
Views: 1402

Re: Contributing to Roth IRA for my teen prior to receiving earned income

I'd say about 50%, as the market capitalization suggests. Yeah, OP, maybe your teenage son will see some good returns from international over his lifetime investing of 40-50 years. I fear I will be dead before I see good things, but I still have 20% invested in international. :oops: Are the zeros a...
by Broken Man 1999
Mon Jul 15, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: Agree? Article: Tracking the Agg? Why the Bond Index May Not Work.
Replies: 14
Views: 1770

Re: Agree? Article: Tracking the Agg? Why the Bond Index May Not Work.

In my today's in-box: Tracking the Agg? Wht the Bond Index May Not Work for Investors https://www.columbiathreadneedleus.com/blog/tracking-the-agg-why-the-bond-index-may-not-work-for-investors?CID=2019CTI_Email_Financial_Planning_IncomeCamp_TrackingtheAgg??source=email&mkt_tok=eyJpIjoiWldVd1pHWXhOb...
by Broken Man 1999
Mon Jul 15, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

.......DW and I could pay the Medigap premiums if necessary.... Well, guess so. Um, since you listed your monthly Part B premium as $271, well, um, er, That means you and DW (if filing jointly) have an income of over $214,000 a year. Not too shabby, wouldn't worry too much about paying for your sup...
by Broken Man 1999
Mon Jul 15, 2019 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

Tampa Bay is cheaper than Miami-Dade, absolutely. TAMPA BAY, FL $192.50 Plan F (male) + $179.00 (female) = $371.50/month + $271.00/month for Part B = $642.50/month, $7710.00/year. $172.97 Plan G (male) + $166.97 (female) = $339.94 + $271.00/month for Part B = $610.94, $7331.28/year. $138.19 Plan N (...
by Broken Man 1999
Mon Jul 15, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

I did not know how far Medicare Advantage plans had penetrated the overall Medicare-eligible folks. The following info is from Henry J Kaiser Family Foundation: https://www.kff.org/medicare/issue-brief/a-dozen-facts-about-medicare-advantage/ For Florida, my home state, the info shows a penetration o...
by Broken Man 1999
Mon Jul 15, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Paypal MC instead of Citi DoubleCash - 2% w/ more benefits
Replies: 16
Views: 1622

Re: Paypal MC instead of Citi DoubleCash - 2% w/ more benefits

I have used PayPal credit frequently for the ability to smooth spending. If my spend is $99 or more, I can pay over a six month period of time with no interest. I almost always have some balance being paid over the six month, no interest period payment plan. I set up auto payments when I make a larg...
by Broken Man 1999
Sun Jul 14, 2019 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

Ouch!....I honestly had no idea how high the Medigap plans were! Yeah, but that's just NY, remember. If you lived in Iowa, you could buy Plan F at 65 from several companies for around $132 a month. https://shiip.iowa.gov/Resources/2019_Med_Supp_Guide.pdf True, but DW and I would be paying $264/mont...
by Broken Man 1999
Sun Jul 14, 2019 5:22 pm
Forum: Personal Investments
Topic: Contributing to Roth IRA for my teen prior to receiving earned income
Replies: 17
Views: 1402

Re: Contributing to Roth IRA for my teen prior to receiving earned income

Maybe contribute to Roth IRA monthly/quarterly as he earns the money?

His contributions would be working for him earlier, rather than later if he waited until the year was over. And, he wouldn't go over the amount he is safely able to contribute.

Broken Man 1999
by Broken Man 1999
Sun Jul 14, 2019 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

Ouch!

I honestly had no idea how high the Medigap plans were!

Do you still have to add in the Medicare Part B premiums as well?

Broken Man 1999
by Broken Man 1999
Sun Jul 14, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Five Nobel Laureates Recommend The Market Portfolio
Replies: 58
Views: 6277

Re: Five Nobel Laureates Recommend The Market Portfolio

Great example of why Sharpe ratio does not capture all risk. Harvard got beaten up pretty badly in the crash. Particularly suffered because it had huge amounts of money locked in illiquid investments, including requirements to put in more at the time it needed cash. Forced to sell off a lot of othe...
by Broken Man 1999
Sun Jul 14, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

I think the real sweet point for Medicare Advantage plans is the POO option, if available, and affordable. My insurance is MegaCorp retiree insurance, so I am somewhat of a captive, unless I cut the ties. Once I leave retiree insurance, I cannot get it back. Still, to MegaCorp's credit, the retiree...
by Broken Man 1999
Sun Jul 14, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7712

Re: Medigap vs Advantage: Which did you select?

I think the real sweet point for Medicare Advantage plans is the PPO option, if available, and affordable. My insurance is MegaCorp retiree insurance, so I am somewhat of a captive, unless I cut the ties. Once I leave retiree insurance, I cannot get it back. Still, to MegaCorp's credit, the retiree ...
by Broken Man 1999
Sun Jul 14, 2019 4:05 pm
Forum: Personal Investments
Topic: Grandparent 529s
Replies: 29
Views: 2096

Re: Grandparent 529s

I figure with four grandchildren, and believing the likelihood all will attend college, I am fine with the possibility, however small, one might not go to college. As well, with multiple grandchildren, I'm pretty sure if one didn't go, the others would willingly suck up the unused funds, somehow. Th...
by Broken Man 1999
Sun Jul 14, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: Index Fund Creator Jack Bogle Didn't Like ETFs Being Used For Speculation
Replies: 84
Views: 3405

Re: Index Fund Creator Jack Bogle Didn't Like ETFs Being Used For Speculation

We can all say we use ETFs properly. But the data shows the opposite. The only place where that can happen is Lake Wobegon - a place where everyone is above average. And what about those actively managed mutual funds? They must be a great choice because you can only trade once a day :D . I can say ...
by Broken Man 1999
Sun Jul 14, 2019 11:21 am
Forum: Personal Investments
Topic: Grandparent 529s
Replies: 29
Views: 2096

Re: Grandparent 529s

I am contributing to our four grandchildren's 529 funds, held at Vanguard. They are in the Vanguard 529 plan, which means they are part of our portfolio display. They are invested in Vanguard Aggressive Age-Based Option, which acts similar to a Target Retirement fund, adding bonds as the child gets ...
by Broken Man 1999
Sun Jul 14, 2019 10:59 am
Forum: Personal Investments
Topic: Am I holding too much cash?
Replies: 30
Views: 3801

Re: Am I holding too much cash?

I try to hold as little cash as is possible. The cash held is simply what our needs are based on next month's bills. I sell individual stocks or redirect dividends to have the cash available at the end of the month, where it is transferred to my credit union account to pay bills. The life-span of my...
by Broken Man 1999
Sat Jul 13, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: "Objective" Importance of Keeping Your Physicians?
Replies: 63
Views: 4474

Re: "Objective" Importance of Keeping Your Physicians?

When the daughters were under our roof, we followed their pediatrician (making sure the doctor was on the plan we chose). Now, I would follow my doctor even if it resulted paying totally for his activities. I first met him 20 years ago when I was moved to a regular hospital from the regional trauma ...
by Broken Man 1999
Sat Jul 13, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare did not approve the charge
Replies: 31
Views: 1753

Re: Medicare did not approve the charge

Do you know specifically what code was submitted?

You might be able to determine more about the charge, and then determine if it is legit.

Broken Man 1999
by Broken Man 1999
Sat Jul 13, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Implications of paying for brothers assisted living?
Replies: 10
Views: 869

Re: Implications of paying for brothers assisted living?

Does he have a home that could be sold? Sounds like the brothers are backstopping his expenses. Good family dynamics, I guess. Good for them. I understand the girlfriend bolting. She didn't sign up to be caregiver for the rest of his life. Care giving by family members is a soul-draining experience,...
by Broken Man 1999
Sat Jul 13, 2019 1:01 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 68
Views: 7696

Re: Retired: Do you withdraw from investments or cash ?

I don't have any cash. When I need money, I click on a button to see my stock to bond ratio and pull money from the side I have "too much" of. For the last few years, that has been the stock side most of the time. In a stock market downturn, I'll be pulling from the bond side. I don't have to worry...