Search found 169 matches

by therub
Sat Aug 12, 2017 9:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota BH Qtrly Meeting 8-12-2017 + Summary
Replies: 19
Views: 1923

Re: Minnesota BH Quarterly Meeting August 12, 2017

Section 7 . Subtraction for contributions to 529 plans. Allows an income tax subtraction of up to $1,500 ($3,000 for married joint filers) of contributions to any state’s section 529 college savings plan or prepaid tuition plan. The subtraction excludes amounts that are rolled over from other colle...
by therub
Thu Jun 22, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2597

Re: What's the Best Way to Invest in Cryptocurrencies?

Trying to cherry-pick future winners from this list is very risky, and there are currently no index funds available for this asset class. Therefore, I am considering creating my own index fund by investing $100 into each of the top, say, 100 currencies on this list, and holding them for at least 10...
by therub
Fri Jun 16, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Do You Take Your Credit Card Receipts?
Replies: 85
Views: 6704

Re: Do You Take Your Credit Card Receipts?

For everyone who takes their receipts and reconciles them later: Please roughly calculate the hourly wage this has returned over the last 5 years. (How many errors caught * average error amount) / (hours spent saving and reconciling) I stopped bothering with it years ago. I'm sure mistakes have crep...
by therub
Thu Jun 08, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k Fees
Replies: 30
Views: 1224

Re: My 401k Fees

One other consideration I have not yet heard mentioned. You're 24. How long will you be at this job? The fees are a little high, but as far as 401k's go they're better than average. Once you change jobs, you can roll this 401k into an IRA and control it completely. In such a case, you are only payin...
by therub
Wed Jun 07, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 8304

Re: Dave Ramsey Financial Peace University ??? worth it?

I haven't taken FPU, but I do listen to Ramsey occasionally for motivation and entertainment value. My suggestion: if your friend is looking for information, and is self motivated, do as others suggest and pick up the book or podcasts. However, if your friend has a spouse and is looking to improve t...
by therub
Wed May 31, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Should I enroll in 401(k)
Replies: 7
Views: 630

Re: Should I enroll in 401(k)

You might as well get started with good habits now. Invest 4% (to get the full match), and then after your internship roll the 401k into an IRA at Vanguard. Once you start your next job after school, join their 401k (and contribute 15%). Once you leave that next job, roll it to your IRA at Vanguard....
by therub
Fri Feb 10, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 7535

Re: Just watched Warren Buffett's new HBO Documentary

It was worth watching just to hear Warren sing "Somewhere Over the Rainbow" during the closing credits. My favorite part was watching him go through the McDonalds drive-thru, and hearing him explain that he knows the exact prices to the penny of the three breakfasts he typically orders. H...
by therub
Fri Feb 10, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Saved too much? What do you splurge on?
Replies: 90
Views: 10208

Re: Saved too much? What do you splurge on?

Things I've always wanted to do if I ever have such resources: - Drop gold coins into salvation army kettles - Pay $100 (or whatever) forward for coffee at a coffee shop anonymously, and then just quietly sit in the corner and watch in delight - Pay off lay-away at local walmart around christmas tim...
by therub
Fri Feb 03, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 7535

Re: Just watched Warren Buffett's new HBO Documentary

In any event, Buffett hasn't really done better than the market for a long while, IIRC. If he can't do it, I know I can't. JT $100 invested in SP 500 in 1964 would grow to $2,000 in 2014, same $100 would grow to $2 million if invested in Berkshire Hathaway. That is not correct. You haven't included...
by therub
Fri Jan 27, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Speed Queen
Replies: 10
Views: 1767

Re: Speed Queen

We just purchased a new speed queen top loader (with agitator). We were open minded and expected to end up with a front loader or one of those sexy agitatorless top loaders. From our research, we discovered that agitator-less top loaders are really only suitable for light loads. Combined with the li...
by therub
Sun Dec 04, 2016 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: What value should my 401k be at age 54?
Replies: 21
Views: 4287

Re: What value should my 401k be at age 54?

If you want to retire with the same life style you have now, a general guideline is: By 35 you should have saved an amount equal to your gross annual family income By 45 ....3X family income By 55.....6X family income By 65.....10X family income Another general guideline to see if you are on track....
by therub
Fri Oct 21, 2016 1:47 pm
Forum: Personal Consumer Issues
Topic: How to transfer huge amount of data (>500 GB) to someone through the internet?
Replies: 88
Views: 6743

Re: How to transfer huge amount of data (>500 GB) to someone through the internet?

I am surprised nobody has suggested youtube. Your video will never go away, and there are several privacy options. It is also possible to download videos from youtube, though I am not sure why it would be necessary.
by therub
Tue Aug 30, 2016 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with my underwater house, sink or swim?
Replies: 29
Views: 3940

Re: What to do with my underwater house, sink or swim?

My biggest piece of advice is to check out Dave Ramsey - his radio show/podcast, books, classes and materials are designed for you and are very motivational. Once you get to baby step 4 come back and see us for investing advice. A few other thoughts: - Don't pay for an appraisal; realtors will do a ...
by therub
Tue Jun 14, 2016 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: How to best afford IVF [In Vitro Fertilization]
Replies: 55
Views: 6178

Re: How to best afford IVF

I guess it's also worth considering what you'd do if all four fail? Thanks for running some numbers. I figured we'd then pursue adoption. Adopted 2 boys after that (which was far more expensive than IVF). Uh, but on the other hand... Here's my counterexample of the surprising affordability of adopt...
by therub
Mon Dec 28, 2015 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie: Investing in Cryptocurrency
Replies: 28
Views: 2978

Re: Newbie: Investing in Cryptocurrency

P.S. Can you tell us how we can watch the same video you watched? Where was it? Was it online and can you give us a link? That might be useful information. The video I saw was this m I reported it as Spam/Fraud to youtube and I encourage others to do the same. I didn't watch it all, but I did see t...
by therub
Wed Dec 23, 2015 11:55 am
Forum: Personal Consumer Issues
Topic: Should I just give my wife (folded) money?
Replies: 76
Views: 11018

Re: Should I just give my wife (folded) money?

I've been with my wife for 17 years. This year , I learned that it's OK to give "useful" christmas presents (think: kitchen things, home things), but it is NOT OK to give "useful" birthday presents. I never realized there was a difference in the types of presents allowed based on...
by therub
Thu Mar 12, 2015 5:18 pm
Forum: Personal Consumer Issues
Topic: Ink Cartridges dry up on seldom used printer, any ideas?
Replies: 32
Views: 5563

Re: Ink Cartridges dry up on seldom used printer, any ideas?

Get a cheap monochrome laser printer. The brother HL-22700W I have has magnificent price/performance. m +1 I bought this printer about 10 months ago and it works well. I had the same issue as the OP and this has really solved the problem. I don't miss having color output. I bought a similar brother...
by therub
Mon Mar 02, 2015 2:49 pm
Forum: Investing - Theory, News & General
Topic: What's your average ER? [Expense Ratio]
Replies: 123
Views: 13698

Re: What's your average ER?

.19(weighted). I suspect anyone under .10 to not have any meaningful amount of international - I'm (pretty much) evenly weighted domestic/international. I also only have 10% in bonds, due to my age.
by therub
Tue Feb 10, 2015 10:10 pm
Forum: Investing - Theory, News & General
Topic: Wiki - For new investors: The Importance of Saving Early
Replies: 27
Views: 3279

Re: Wiki - For new investors: The Importance of Saving Early

The statistic that I have always found persuading goes like this: Saving $5000 a year from age 25 to 35 yields more than saving $5000 a year from 35 to 60. http://cdn.darwinsfinance.com/wp-content/uploads/2009/05/stock-market-investing-table-500x422.jpg I've heard this statistic in various forms man...
by therub
Mon Dec 15, 2014 4:35 pm
Forum: Investing - Theory, News & General
Topic: How FINRA saved my Grandma's bacon
Replies: 21
Views: 2475

Re: How FINRA saved my Grandma's bacon

Does your grandmother understand what happened well enough to prevent something like this from happening to her again? I'm wondering whether there might be other steps you and your mother could take to protect her. Yes, I think so. The point I hoped to make in this thread is that FINRA provides a n...
by therub
Mon Dec 15, 2014 2:25 pm
Forum: Investing - Theory, News & General
Topic: How FINRA saved my Grandma's bacon
Replies: 21
Views: 2475

Re: How FINRA saved my Grandma's bacon

rakaye47 wrote:your grandma should also sue the broker. he probably already ripped her off a good deal.


No previous relationship. If you can believe it, this all happened in their first meeting.
by therub
Mon Dec 15, 2014 2:07 pm
Forum: Investing - Theory, News & General
Topic: How FINRA saved my Grandma's bacon
Replies: 21
Views: 2475

How FINRA saved my Grandma's bacon

This is the story of how I convinced my 86 year old Grandmother that her investment advisor did not have her best interests in mind. Last weekend, I received a phone call from Mom that Grandma had an investment advisor go out to her house and leave with a check for $50,000 (always be closing!). I as...
by therub
Thu Nov 06, 2014 10:25 am
Forum: Personal Consumer Issues
Topic: Adoption [Experience from those who have adopted]
Replies: 41
Views: 6978

Re: Adoption [Experience from those who have adopted]

I think you have to be cautious of survivorship bias. You don't find a lot of people running around talking about a failed adoption process; it can be a difficult topic for them to discuss. This is true. We went with international adoption after hearing many stories of failed domestic adoptions, of...
by therub
Tue Oct 28, 2014 2:38 pm
Forum: Personal Consumer Issues
Topic: Adoption [Experience from those who have adopted]
Replies: 41
Views: 6978

Re: Adoption [Experience from those who have adopted]

Tragically, the international and domestic adoption process is extremely inefficient (in the market sense of the word - matching up kids in need of parents with parents able to raise a child), due to a variety of factors. But it is worth it. We chose international adoption due to its certainty. We a...
by therub
Tue Sep 09, 2014 9:43 pm
Forum: Investing - Theory, News & General
Topic: Total World is 50% Intl?!
Replies: 17
Views: 2584

Re: Total World is 50% Intl?!

Vanguard Total World Stock ETF (.18% Expense Ratio) m 50% North America 50% Intl thought 20%-25% intl is the recommended allocation? Isn't it great? It's my favorite, and a cornerstone of my portfolio. If you don't allocate according to the capitalization of the world, what do you know that the res...
by therub
Mon Aug 25, 2014 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help Collecting Useful Threads for A New Boglehead
Replies: 13
Views: 999

Re: Help Collecting Useful Threads for A New Boglehead

Rebecca, Here are two videos from an interview with Jack Bogle, a billionaire who founded Vanguard Investments: It's a small detail but it speaks volumes to his character and Vanguard's structure - Mr. Bogle is decidedly not a billionaire! Bogle's own net worth is somewhere in the low eight figures...
by therub
Fri Jun 27, 2014 8:55 pm
Forum: Personal Consumer Issues
Topic: Looking for recommendations for a trip to Panama
Replies: 10
Views: 1439

Re: Looking for recommendations for a trip to Panama

We spent 2 weeks backpacking through Panama a few years ago. Near Panama City we enjoyed Iguana Island near Pedasi. The uninhabited island is a few miles off the coast and is crawling with hermit crabs and iguanas. We packed a cooler and laid on the beech for a few hours, watching millions of hermit...
by therub
Fri Apr 11, 2014 11:18 am
Forum: Investing - Help with Personal Investments
Topic: AA question regarding taxable and inheritance
Replies: 4
Views: 381

AA question regarding taxable and inheritance

I seem to have become the de facto financial expert in my family (scary), and as such am in the position of assisting with estate planning and other matters. So Grandma has one small (mid-5 figure) brokerage account that is ear-marked for her heirs. She does not plan to ever draw on it. I'm suggesti...
by therub
Sun Jan 19, 2014 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Creating a Budget
Replies: 38
Views: 3738

Re: Creating a Budget

When it was just me, I 'paid myself first' and always had enough left over and few enough expenses that it was not a problem. When it was just me and my wife, who is very reasonable about money, it was not a problem. We always had enough, and we were meeting all of our savings and lifestyle goals. B...
by therub
Wed Oct 09, 2013 10:14 pm
Forum: Personal Consumer Issues
Topic: Bought airlines tickets now found cheaper ones
Replies: 58
Views: 5684

Re: Bought airlines tickets now found cheaper ones

02sbxstr wrote:My Cardinal Rule: Never check prices after you have bought something non-returnable. Why expose yourself to aggravation?


And the corollary: Never ask your seatmates what they paid.
by therub
Fri Mar 15, 2013 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - do you keep a stash on hand?
Replies: 83
Views: 8372

Re: Cash - do you keep a stash on hand?

wow, I thought I had things covered but gr8's post about quarters makes sense. In a calamity, I can always raid vending machines with change. Will add to my to do list. (I don't think I need to bury it in my yard though.) I didn't quite get it. First, why bury it? That would only make in inaccessib...
by therub
Tue Feb 26, 2013 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead answer compared to a stock broker's
Replies: 32
Views: 2857

Re: Boglehead answer compared to a stock broker's

:shock: Reality has set in. Crazy what I convinced myself that I could afford. Embarrassing. I am impressed with your ability to be humble and accepting of the advice offered here. Usually by this point a thread will become hostile. A cousin of mine who is serially between construction type jobs re...
by therub
Mon Jan 21, 2013 5:23 pm
Forum: Forum Issues and Administration
Topic: Thread Abandonment Stats
Replies: 5
Views: 1321

Re: Thread Abandonment Stats

My guess is we have some repeat offenders on this point that are getting invested in answers that are never used. To note - even if the original poster disappears, the answer may help hundreds if not thousands of other internet users who land here from search engines looking for answers. That is, i...
by therub
Mon Jan 21, 2013 12:19 pm
Forum: Personal Consumer Issues
Topic: Small Business Online Checking
Replies: 4
Views: 519

Small Business Online Checking

I'm an Ally customer, formerly INGDirect. Neither offered business checking and it's the last thing tethering me to physically driving pieces of papers to brick buildings (that's so 2000's). I don't care for the mega banks - US Bank, Wells Fargo, Capital One, etc. Considering EverBank. Any other rec...
by therub
Sat Jan 12, 2013 10:50 am
Forum: Personal Consumer Issues
Topic: Walmart to offer unlimited iPhone 5 plan for $45/mo
Replies: 45
Views: 6667

Re: Walmart to offer unlimited iPhone 5 plan for $45/mo

For those already on the StraightTalk plan, are there taxes and fees on the $45 monthly charge? If so, what are they? Thanks At least in MN (I don't know if it's sales tax or what): Plan Amount: 45.00 Total: 49.64 My wife and I recently switched. We bought iphone 4's off craigslist for $200 each an...
by therub
Fri Jan 04, 2013 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: At What Level Does a Portfolio Take Off?
Replies: 94
Views: 10755

Re: At What Level Does a Portfolio Take Off?

According to viewtopic.php?f=10&t=104668, the consensus is that occurs at age 40 +- 5.

According to viewtopic.php?f=10&t=100863, it happens once your savings equal twice your annual pay.
by therub
Thu Jan 03, 2013 8:49 pm
Forum: Investing - Theory, News & General
Topic: Why do Vanguard and Fidelity have such weak passwords?
Replies: 86
Views: 8300

Re: Why do Vanguard and Fidelity have such weak passwords?

One suggestion that I use - get creative with the personal questions. I quite enjoy calling in somewhere and when asked what my Mother's Maiden Name is, giving them a 40 character random string over the phone, or if you're brave, a silly or embarrassing phrase. If you're answering the security quest...
by therub
Sun Dec 30, 2012 8:18 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads 2013 Hedgefund Contest
Replies: 151
Views: 19200

Re: Bogleheads 2013 Hedgefund Contest

Title: 4 Blind Squirrels Methodology: Dart Board (virtual) Long: - CABOT CORP CBT - NEWMARKET CORPORATION NEU Short: - KENNEDY-WILSON HLDGS IN KW - HAVERTY FURNITURE INC HVT http://api.ning.com/files/CaYgpNI3r19YxnXOsOmNMf7cch-JkCwJPtLscycwSkroa*Rr7zbhAYXKct5ExXjUSAOblIgX6GYJrGGwzInKmQ8vejuSPxia/bli...
by therub
Sat Dec 29, 2012 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help my 64yo mom retire!
Replies: 13
Views: 1610

Re: Help my 64yo mom retire!

By my math she has $210k equity in the house - which sounds like it is too big, too expensive, and too much maintenance anyway. Sell it, use the equity to pay off the $60k in student loans and credit cards - leaving $150k plus her other investments. Find a nice town home or something single level, m...
by therub
Wed Dec 19, 2012 1:47 pm
Forum: Personal Consumer Issues
Topic: Is Mint a security risk?
Replies: 21
Views: 2921

Re: Is Mint a security risk?

There seems to be continuous mission creep. I seriously doubt that Google was putting this stuff on my computer ten years ago, the time when I basically made the decision to use Google. There's companies now specializing in uniquely identifying you as an anonymous web user. See for example this rec...
by therub
Wed Dec 19, 2012 12:42 pm
Forum: Personal Consumer Issues
Topic: Is Mint a security risk?
Replies: 21
Views: 2921

Re: Is Mint a security risk?

The way I look at it, as a computer security analyst, (ignoring the legal implications others have mentioned) is that it broadens the attack space. Mint probably does use the same security as banks, but the fact that there is another option available for attackers to get your password make the like...
by therub
Tue Dec 18, 2012 10:22 pm
Forum: Personal Consumer Issues
Topic: Is Mint a security risk?
Replies: 21
Views: 2921

Re: Is Mint a security risk?

I was talking to a coworker about this and he came up with one of the best ideas I've ever heard: an optional read-only password that you could use for places like Mint, etc. ingdirect does just that: m I recently switched to ally.com. I tried their mobile app and am a bit disappointed that is requ...
by therub
Tue Dec 18, 2012 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Kids inherit Millions and surrounded by jackals (family)
Replies: 22
Views: 5699

Re: Kids inherit Millions and surrounded by jackals (family)

Any other suggestions? This is your third thread and we had been hoping to hear further from you on the prior two. It's always good to know if our responses have been helpful. Will be be hearing further on this one? John I think my wife bought me something off Etsy for Christmas. I don't know what ...
by therub
Mon Dec 03, 2012 1:55 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios
Replies: 62
Views: 5963

Re: Expense Ratios

.29% due to my 401k.

Some similar threads:
[*] viewtopic.php?f=10&t=99710
[*] viewtopic.php?f=10&t=66041&view=viewpoll
by therub
Fri Nov 16, 2012 10:26 am
Forum: Personal Consumer Issues
Topic: DuckDuckGo? (New Search Engine)
Replies: 19
Views: 3035

Re: DuckDuckGo? (New Search Engine)

I've been using it for probably ~6 months. It's great - I quite appreciate their philosophies (m, open source, collaborative). For typical searches it's adequate. If it's not adequate, you just add a "!g" to your search and it'll send you to google automatically. I still use google when I'...
by therub
Tue Nov 06, 2012 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Contract Chicken Growing
Replies: 51
Views: 4262

Re: Contract Chicken Growing

I've read a little about this as well and agree with the other contributors. Ignoring all of that and just focusing on your numbers, it sounds like you would be buying a really expensive part time job (that you can't quit). Have you looked into raising chickens for the organic, free range, or small ...
by therub
Mon Oct 08, 2012 10:53 am
Forum: Investing - Theory, News & General
Topic: For New investors - Important Investing Concepts
Replies: 37
Views: 2756

Re: For New investors - Important Investing Concepts

Hint: Stickies do not show up at m I have never viewed the above page before. Why is there a link to Forums and also a listing of posts right on the above page that looks like it is the Forums page when it isn't? Glad to see I'm not the only one that dislikes that page. IMO, it's an irrelevant vest...
by therub
Mon Oct 08, 2012 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else track their overall fees?
Replies: 25
Views: 1555

Re: Anyone else track their overall fees?

The downside to tracking is the temptation to do something like eschew international or small cap due to costs. I believe the diversification between some of the more "expensive" asset classes is more important than the additional cost. I'm using the boglehead definition of expensive here ...
by therub
Mon Oct 08, 2012 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else track their overall fees?
Replies: 25
Views: 1555

Re: Anyone else track their overall fees?

.28% net all expenses and fees. I track it because I like to see the absolute dollar amount that I spend in expenses in my portfolio on an annual basis. It helps motivate me to keep costs low, but also gives me perspective when considering how much inconvenience I'm willing to create to eliminate a ...
by therub
Thu Sep 06, 2012 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Taking Some off the Table?
Replies: 69
Views: 7420

Re: Taking Some off the Table?

It amazes me folks keep thinking there is some pattern to returns when it has been shown over and over there is NONE. The thing I've come to realize is that you have to risk staying in on the big years so that you average out to a decent rate of return. Likewise, you have to stay in on the bad year...