Search found 5035 matches

by mptfan
Mon Apr 22, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 18
Views: 349

Re: Taxes: marginal rate now vs effective rate in retirement

but other than that, you are thinking about this a level deeper than your friend is, as you correctly recognize that the first cent of annual distribution from your 401(k) likely will not be in your highest marginal bracket, whereas during contribution is skimmed off the top, so to speak This was e...
by mptfan
Mon Apr 22, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 18
Views: 349

Re: Taxes: marginal rate now vs effective rate in retirement

krick wrote:
Mon Apr 22, 2019 4:37 pm
Am I missing something?
No.
by mptfan
Sat Apr 20, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 26
Views: 3416

Re: Vanguard now supports Yubikey 5 and 5C

Google is adding the ability to use your Android phone as a real, standards compliant security key: https://blog.google/technology/safety-security/your-android-phone-is-a-security-key/ I think it's in beta right now, but once it's ready you should be able to get the benefits of a security key witho...
by mptfan
Sat Apr 20, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 26
Views: 3416

Re: Vanguard now supports Yubikey 5 and 5C

pokebowl wrote:
Sat Apr 20, 2019 10:44 am
You'd be just replacing one weakened 2FA vector with another one. Google Authenticator at least has branding going for it. :)
Google Authenticator is more secure than SMS texts.
by mptfan
Fri Apr 19, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 76
Views: 4561

Re: When did you start spending more and saving less?

I think what I was trying to highlight is I am not sure most people want the same lifestyle they had before retirement and the one they want tends to be less expensive. We have no way of knowing what most people want, at least I am not aware of any data on that. My experience tells me otherwise tho...
by mptfan
Fri Apr 19, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 76
Views: 4561

Re: When did you start spending more and saving less?

I would counter and I believe statistics bear out while the first few years of retirement are go-go-go people tend to settle into a quieter and less expensive lifestyle naturally. I think a lot of this is a result of having more time for things like shopping and cooking plus just getting together w...
by mptfan
Fri Apr 19, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 76
Views: 4561

Re: When did you start spending more and saving less?

This is interesting. Each person has a different definition of "enough". It would also be safe to speculate that an overwhelming majority retire when they have enough. This forum probably gives that impression but I highly doubt this is true among the general population. Most people, especially tho...
by mptfan
Fri Apr 19, 2019 7:35 am
Forum: Personal Investments
Topic: Currently with Schwab private client--and decided to get out--but what to do
Replies: 15
Views: 1287

Re: Currently with Schwab private client--and decided to get out--but what to do

the "year to date change" in the index value reported by Schwab only shows the change in the value of the price index, while the total return number reported by Vanguard includes...you guessed it...dividends paid by the stocks in the index which are included in the total return. This seems so obvio...
by mptfan
Thu Apr 18, 2019 3:37 pm
Forum: Personal Investments
Topic: Currently with Schwab private client--and decided to get out--but what to do
Replies: 15
Views: 1287

Re: Currently with Schwab private client--and decided to get out--but what to do

The 1st I met with has not met the S&P index for the past 20 years ( usually between .5 and 1% below index net fees) but claim they got those results by reducing their clients risk. Met with 2nd and they in their 23 year history show on their nice chart that they did better than the index ( net fee...
by mptfan
Tue Apr 16, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are RMDs that bad if you're not an over-saver?
Replies: 139
Views: 11949

Re: Are RMDs that bad if you're not an over-saver?

This is where my estimated 99% of those turning 70.5 will be. Very few couples are 11 years different in age (2nd case) and there are even fewer that are 20 or 40 years different in age. I understand that you were estimating, but your estimate that 99% of couples are less than 10 years apart is muc...
by mptfan
Tue Apr 16, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Are RMDs that bad if you're not an over-saver?
Replies: 139
Views: 11949

Re: Are RMDs that bad if you're not an over-saver?

ThankYouJack wrote:
Tue Mar 19, 2019 2:36 pm
So why are RMDs so bad, just that you're forced to pay a bit more in taxes?
Why do you assume they are so bad?
by mptfan
Tue Apr 16, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Why does the stock market go up in the long term?
Replies: 62
Views: 4430

Re: Why does the stock market go up in the long term?

Because, over the long run, more people will buy stocks than sell them. I don't think so. The value of a stock can increase over time even if there are not more people buying the stock simply because the value of the company increases. The thread asks "Why does the stock market go up in the long te...
by mptfan
Tue Apr 16, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: Why does the stock market go up in the long term?
Replies: 62
Views: 4430

Re: Why does the stock market go up in the long term?

Mofritty wrote:
Tue Apr 16, 2019 12:03 pm
Because, over the long run, more people will buy stocks than sell them.
I don't think so. The value of a stock can increase over time even if there are not more people buying the stock simply because the value of the company increases.
by mptfan
Tue Apr 16, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 100
Views: 5392

Re: What Are Your Simple Pleasures?

A hot shower.
by mptfan
Sat Apr 13, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4060

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

It is a Cashiers checks. They could call to verify it if they felt the need. They can repossess the car. In the scenario presented (give them the $$$, wait days for the car) I am not to be trusted but a car dealer is to be trusted? We all know car dealers are the most admired and trusted businesses...
by mptfan
Sat Apr 13, 2019 10:16 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4060

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

6 years ago when we bought a new Honda Accord the dealer said we had to unfreeze our credit if we wanted to take the car THAT DAY or we could wait a few days [ until check cleared ?] because we were paying by cashier's check. We unfroze our credit but I don't want to do that again. There's no way I...
by mptfan
Fri Apr 12, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17462

Re: Bogleheads, why won't anyone hire me?

OP wrote: I will be honest I’m getting different answers here, some sayin it’s what you know others saying it’s who you know. So what is it? You mean "which" is it? As you admitted upthread, your English and language skills need work. Get to it. If you are serious about being a success in life, tak...
by mptfan
Thu Apr 11, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Using Fidelity Cash Management as my only bank account
Replies: 30
Views: 4034

Re: Using Fidelity Cash Management as my only bank account

Caduceus wrote:
Thu Mar 21, 2019 12:36 pm
I am thinking of switching to a Fidelity cash management account as my only bank account.
The Fidelity cash management account is a brokerage account, not a bank account.
by mptfan
Thu Apr 11, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6031

Re: Ingenious Way To Find Reasonably Priced Painter

Yes, I have asked neighbors for recommendations and either the bids were too high or the bids were higher than what my neighbors paid for the exact same tract house, despite me having done most of the prep work. My first thought was, if you have done most of the prep work why not just finish the jo...
by mptfan
Thu Apr 11, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17462

Re: Bogleheads, why won't anyone hire me?

bjorka7769 wrote:
Thu Apr 11, 2019 10:38 am
You mentioned English is not your first language...
I must have missed that, where did the OP say that English was not his/her first language?
by mptfan
Thu Apr 11, 2019 2:19 pm
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4060

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

I see no reason the credit report should come into play for a cash transaction with guaranteed funds. How reliable or unreliable I am at borrowing money has absolutely no relevance when I'm literally bringing all the money due in a transaction up front before I take my goods. I'll owe the dealer no...
by mptfan
Thu Apr 11, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 525
Views: 57210

Re: Fidelity as a one stop shop

You can go to any ATM anywhere and withdraw money and the financial institution will charge you a fee, and then Fidelity will reimburse the fee.
by mptfan
Thu Apr 11, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4060

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

8foot7 wrote:
Tue Apr 09, 2019 8:44 am
I don't understand the angst about all of this. If the dealership won't take a cashier's check without a credit pull, then go buy from another dealership.
Unless all dealers for that particular make in the area require it, then it becomes an issue.
by mptfan
Wed Apr 10, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17462

Re: Bogleheads, why wont anyone hire me?

I completely disagree with this. In my field (science) it's quite common for people with graduate degrees to have less-than-perfect English skills because they were born in a foreign country and came to the US as a graduate student or post-doc. Do you have a different view if the person is a native...
by mptfan
Wed Apr 10, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17462

Re: Bogleheads, why wont anyone hire me?

Hey BH, at the ripe age of 28, I think I have reached my tipping point. I have been working 12 hour days for the last 2 years, and it is certainly starting to take its toll on me. From 8-5 I work for a soccer goal company moving soccer goal components (easily 3k pounds a day, working with typical f...
by mptfan
Tue Apr 09, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18463

Re: Wife hates new job...wants to quit after 1 day

I suppose. I guess I've never worried about it because I have a "John Smith" kind of name. I cannot be successfully Google'd. There are at least five people in my city with my same name that bank at my same bank. I once talked to a medical billing department who asked for my first and last name to ...
by mptfan
Fri Apr 05, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

It seems that you and most of the other respondents over the last page and a half skipped over the part where bluejello has clarified that her husband puts his entire salary and all other personal money into joint family accounts, and in fact the only money that is not currently being shared is mon...
by mptfan
Fri Apr 05, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Smartphones with Least Bloatware
Replies: 28
Views: 2116

Re: Smartphones with Least Bloatware

Google Pixel, pure Android. I have the Pixel 3 XL. Best. Phone. Ever.
by mptfan
Fri Apr 05, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

Communication will still solve the issue, it is just that you may not like the solution. If two people value the marital relationship, than they will come with a solution within the marriage. If they don't, they will find a solution without it. I don't mean to play semantics because I think we are ...
by mptfan
Fri Apr 05, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

megabad wrote:
Fri Apr 05, 2019 3:02 pm
If, after you understand each other, you value the relationship, you will work together to find a solution that is acceptable to you both whether it involves separate finances or not.
Some differences are fundamental and cannot be "solved" no matter how much you communicate.
by mptfan
Fri Apr 05, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

I guess... love? If every couple getting married had to be 100% in agreement on everything before they got married, would anyone ever get married? We got married knowing we had unresolved differences on this point but thinking we loved each other and would figure it out. It seems like the "figuring...
by mptfan
Fri Apr 05, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

It is water under the bridge now, but why didn't you discuss this stuff BEFORE you got married? Is there a reason you don't feel comfortable asking him these questions? We did and we have! We discuss these issues a lot, both before and after marriage. We just never reach agreement... Touche. It's n...
by mptfan
Fri Apr 05, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

Just out of curiosity — is there no one on this thread who feels that if one spouse builds a successful career or business, then they should be the primary beneficiary of that hard work and not their spouse? This is my husband's point of view. Take Jeff and Mackenzie Bezos for example. Of course we...
by mptfan
Fri Apr 05, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

I mean, this is what I've been pulling for since the beginning of our marriage. But my husband philosophically disagrees. We've been married for 6 years and this is still a point of argument. What do you do when one spouse wants to combine finances and the other doesn't? I think you have three opti...
by mptfan
Wed Apr 03, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4680

Re: What is Financial Independence (FI) in the simplest terms?

bertilak wrote:
Tue Apr 02, 2019 7:35 pm
radiowave wrote:
Tue Apr 02, 2019 6:57 pm
Mr.BB wrote:
Tue Apr 02, 2019 6:53 pm
FI = Doing what you want, when you want.
That sounds like being retired? Is there a difference between being FI and being retired?
Good point! Ideally you would be FI to retire, but it is possible to retire and depend on family.
It's also possible to be FI and not retire.
by mptfan
Tue Apr 02, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: New Bank: Schwab or Fidelity
Replies: 20
Views: 1465

Re: New Bank: Schwab or Fidelity

ralph124cf wrote:
Tue Apr 02, 2019 1:18 pm
I understand that Fidelity does not advertise itself as a bank,
That's because Fidelity is not a bank.
by mptfan
Tue Apr 02, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16423

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

The cited study does not support the headline of this thread that you should include "being fired from your job in your 50s" because the study referred to job losses after the age of 50, which included people in their 60s.
by mptfan
Mon Apr 01, 2019 10:42 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 6485

Re: Your opinion on debt?

s8r wrote:
Mon Apr 01, 2019 2:37 am
Being debt-free is safe and may be good psychologically, but usually it's not the smartest position to be in financially.
I respectfully disagree, I think being debt free is usually the smartest position to be in financially.
by mptfan
Fri Mar 29, 2019 6:21 pm
Forum: Personal Investments
Topic: How often do you check your accounts?
Replies: 53
Views: 2938

Re: How often do you check your accounts?

quantAndHold wrote:
Fri Mar 29, 2019 6:02 pm
My IPS has me check once a month to see if I need to rebalance. So that’s how often I check.
My IPS says I can check anytime I want. Of course I wrote it, so there's that.
by mptfan
Wed Mar 27, 2019 8:31 pm
Forum: Forum Issues and Administration
Topic: Auto-Lock threads older than 6 months!
Replies: 50
Views: 6687

Re: Auto-Lock threads older than 6 months!

UpperNwGuy wrote:
Wed Mar 27, 2019 8:29 pm
We either need to lock those old threads or figure out a way to alert the readers that this is the reactivation of an old thread.
The way already exists, just look at the date of the original post.
by mptfan
Wed Mar 27, 2019 4:55 pm
Forum: Forum Issues and Administration
Topic: Auto-Lock threads older than 6 months!
Replies: 50
Views: 6687

Re: Auto-Lock threads older than 6 months!

I think threads older than 100 years should be auto locked.
by mptfan
Wed Mar 27, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?
Replies: 76
Views: 3848

Re: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?

climber2020 wrote:
Wed Mar 27, 2019 8:10 am
And that's fine. We need people like that to keep the economy moving along so my portfolio keep producing nice returns.
+1000
by mptfan
Wed Mar 27, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8460

Re: Tattoos and Bogleheads

JoeRetire wrote:
Tue Mar 26, 2019 5:20 pm
No tattoos. No body piercings. No regerts.
:D
by mptfan
Tue Mar 26, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off mortgage!
Replies: 88
Views: 7135

Re: Paid off mortgage!

Congratulations.
by mptfan
Mon Mar 11, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: "A Couple Doesn't Agree On Financial Priorities. How Can They Resolve Their Differences."
Replies: 64
Views: 7365

Re: "A Couple Doesn't Agree On Financial Priorities. How Can They Resolve Their Differences."

At the risk of being trite, the obvious solution is to marry someone who shares your financial priorities. Why is this so hard? I guess the divorce rate and all the financial infidelity that surveys keep revealing proves it's easier said than done. Indeed it is easier said that done. Affairs of the...
by mptfan
Mon Mar 11, 2019 7:23 am
Forum: Investing - Theory, News & General
Topic: "A Couple Doesn't Agree On Financial Priorities. How Can They Resolve Their Differences."
Replies: 64
Views: 7365

Re: "A Couple Doesn't Agree On Financial Priorities. How Can They Resolve Their Differences."

I don’t understand your point. “Happy wife, happy life” is just another stereotype about women. It is a stereotype about women that discourages men from participating in the decision making of the marriage. It hurts both genders. Basically it says you shouldn't attempt to negotiate with your wife b...
by mptfan
Sat Mar 09, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 69
Views: 10102

Re: What are your personal experiences with downside of early retirement?

In medicine, there is almost nothing that can beat 15-20 years of experiences in the trenches. No new grad, no matter how well trained, is going to have anywhere near the experience of an almost retired physician of any specialty. That may be true, but I think the point is that someone with 15-20 y...
by mptfan
Sat Mar 09, 2019 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Would you consider me Financially Independent?
Replies: 33
Views: 3902

Re: Would you consider me Financially Independent?

MaybeFI wrote:
Sat Mar 09, 2019 2:04 pm
Under those facts, would you consider me FI, or do you think it only "counts" once you have the actual $$ in your accounts, etc.?
It only counts when the actual funds are in your accounts.
by mptfan
Sat Mar 09, 2019 2:41 pm
Forum: Personal Investments
Topic: Getting nervous..
Replies: 66
Views: 7644

Re: Getting nervous..

Maybe I am too nervous about it, but lately I have read a lot of articles about 'experts' expecting a large downturn this year. I also think trumps problems (guilty or innocent) are going to effect the market soon too. I also read an article about the large amount of 'investors' money leaving the m...