Search found 123 matches

by beernutz
Sat Apr 04, 2020 10:38 am
Forum: Personal Investments
Topic: Transitioning from Schwab managed portfolio to self managed Boglehead
Replies: 3
Views: 297

Re: Transitioning from Schwab managed portfolio to self managed Boglehead

We are grandfathered in to the fee structure also with our SMA IRA. In December 2018 we and our adviser moved 65% of that SMA into a dividend income fund that the principle lost ground in 2019 and we sold the whole amount and moved it to a self managed IRA that the adviser had opened to receive the...
by beernutz
Fri Apr 03, 2020 9:21 am
Forum: Personal Investments
Topic: Transitioning from Schwab managed portfolio to self managed Boglehead
Replies: 3
Views: 297

Transitioning from Schwab managed portfolio to self managed Boglehead

Since 2005 about 15% of my net worth, and about 75% of my liquid assets, has been in a taxable Schwab managed portfolio with their moderate (middle) level of risk. At the time I entered the managed agreement I had just received a mid 6 figure inheritance, most of which I was keeping in Schwab CDs ea...
by beernutz
Mon Mar 30, 2020 3:22 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 64
Views: 3428

Re: Improving online security

Doesn't changing the VPN to various distant sites also add to security levels? There isn't much that isn't encrypted by default these days, so a VPN is simply encrypting already encrypted traffic. Where a VPN starts to work against you is that it invalidates "infeasible travel" detection algorithms...
by beernutz
Mon Mar 30, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance
Replies: 7
Views: 884

Re: Mortgage Refinance

Where are you finding 2.5% 15 year refis?
by beernutz
Sun Mar 29, 2020 12:41 pm
Forum: Personal Consumer Issues
Topic: Getting rid of a trampoline
Replies: 17
Views: 1146

Re: Getting rid of a trampoline

I appreciate the ideas. There is a scrap metal recycler close to my location I'm going to call on Monday. Our state closed all non-essential businesses starting Monday so they may not be open but I am in no hurry to get this gone. That should alleviate some of the wastefulness issues that have been ...
by beernutz
Sun Mar 29, 2020 12:07 pm
Forum: Personal Consumer Issues
Topic: Getting rid of a trampoline
Replies: 17
Views: 1146

Re: Getting rid of a trampoline

runner3081 wrote:
Sun Mar 29, 2020 12:02 pm
beernutz wrote:
Sun Mar 29, 2020 11:28 am
I want to dismantle and just leave it our for our biweekly trash pickup rather than trying to sell it for $50 or even just give it away.
I understand your liability concerns, but that is awfully wasteful.
Do you have any alternatives?
by beernutz
Sun Mar 29, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Getting rid of a trampoline
Replies: 17
Views: 1146

Getting rid of a trampoline

My kids are all out of the house and the trampoline we bought for them 10 plus years ago needs to go as we will likely put our house on the market within the next year. I want to dismantle and just leave it our for our biweekly trash pickup rather than trying to sell it for $50 or even just give it ...
by beernutz
Sun Mar 29, 2020 11:09 am
Forum: Personal Consumer Issues
Topic: Wireless 5.1 soundbar
Replies: 9
Views: 572

Re: Wireless 5.1 soundbar

I have been searching for 5.1 soundbar to connect with my TV via a HDMI ARC. I am a budget/value guy, so the Vizio ones which get rave reviews almost everywhere (especially for the price) seemed super interesting. (see budget pick at https://thewirecutter.com/reviews/best-soundbar/). However upon d...
by beernutz
Sat Mar 28, 2020 7:46 pm
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5604

Re: Costco Senior hour Tue and Thur

From the Costco website: https://www.costco.com/covid-updates.html Special Operating Hours* for Members Ages 60 or Older On Tuesdays, Wednesdays , and Thursdays , Costco warehouses will open from 8 to 9 a.m. for members ages 60 and older, and for those with physical impairments . During this early ...
by beernutz
Sat Mar 28, 2020 5:32 pm
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5604

Re: Costco Senior hour Tue and Thur

I am 61 and went to the second senior hour held at my local Costco last Thursday. It started fine as I was there 10 minutes before 8 which was the official start time but they let everyone in anyway. I had to show an id because of my baby face, disguised with white whiskers, which was no problem. Th...
by beernutz
Sat Mar 28, 2020 12:23 pm
Forum: Personal Investments
Topic: Asset Allocation Question
Replies: 2
Views: 178

Re: Asset Allocation Question

My advice to my 20-something kids was: 1. fund your tax deferred account up to the maximum company match 2. fully fund your Roth IRA to $6k 3. fund your tax deferred account up to your comfort level or maximum allowable, whichever comes first My recommendation was for them to put 100% into a US stoc...
by beernutz
Sat Mar 28, 2020 12:13 pm
Forum: Personal Investments
Topic: Totally confused about fixed-income.
Replies: 18
Views: 1781

Re: Totally confused about fixed-income.

Wiggums wrote:
Sat Mar 28, 2020 11:28 am
beernutz wrote:
Fri Mar 27, 2020 11:37 am
Do you have to spread your CDs out to multiple institutions if you want more than $250k of FDIC coverage?
$250 for him and $250 for her

Can use multiple banks or Fidelity cash management to push To multiple banks for you
Thanks.
by beernutz
Fri Mar 27, 2020 12:56 pm
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 119
Views: 7605

Re: Is it ever worth purchasing an extended warranty for a vehicle?

I am over 60 and bought my first extended warranty ever and so far have no regrets though it hasn't yet paid for itself and I'm fine if never does. I bought a 2015 certified Ford F-150 Platinum last year and also bought the Ford PremiumCare extended warranty. I had every intention of saying no to th...
by beernutz
Fri Mar 27, 2020 11:37 am
Forum: Personal Investments
Topic: Totally confused about fixed-income.
Replies: 18
Views: 1781

Re: Totally confused about fixed-income.

Do you have to spread your CDs out to multiple institutions if you want more than $250k of FDIC coverage?
by beernutz
Fri Mar 27, 2020 10:15 am
Forum: Personal Investments
Topic: Moving $1M+ from Wealthfront to...? Help please
Replies: 7
Views: 460

Re: Moving $1M+ from Wealthfront to...? Help please

If you are looking for a full service investment site IMO consider Schwab. I've been a customer for over 30 years and they have a very good website, good banking features, and actual physical locations. Part of my holdings at Schwab have been in a managed account since 2005 with which I have had no ...
by beernutz
Wed Mar 25, 2020 3:06 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 326
Views: 50291

Re: Anyone disenchanted with retirement?

What a great thread. I get a kick out of reading the replies.

I have about 3 years before my planned retirement at 64 and I can't imagine having regrets but who knows until they experience it.
by beernutz
Wed Mar 25, 2020 9:17 am
Forum: Personal Investments
Topic: Why not stand on the sidelines for a little while?
Replies: 302
Views: 13717

Re: Why not stand on the sidelines for a little while?

These threads are getting tedious. OP if are you looking for validation of your idea you are unlikely to get it here though I think you know that. Why don't you start this thread on a doomsday forum where you are likely to get all the support you apparently crave and leave us buy and hold investors ...
by beernutz
Mon Mar 23, 2020 8:48 pm
Forum: Forum Issues and Administration
Topic: Kiddie Bogleheads / Boglehead Seniors?
Replies: 11
Views: 838

Re: Kiddie Bogleheads / Boglehead Seniors?

Great idea for numerous reasons. You'd have to be pretty insecure to oppose it.
by beernutz
Mon Mar 23, 2020 12:47 pm
Forum: Personal Investments
Topic: I can not do a sell on Schwab
Replies: 14
Views: 905

Re: I can not do a sell on Schwab

Posting a screenshot of what you are seeing, blurring out any sensitive information, would be helpful.

Like others, I have both bought and sold in my Schwab account with no problem.
by beernutz
Sat Mar 21, 2020 9:56 pm
Forum: Personal Consumer Issues
Topic: How much cash to have during coronavirus panic?
Replies: 127
Views: 8940

Re: How much cash to have during coronavirus panic?

orhkaf wrote:
Wed Mar 18, 2020 8:35 pm
Went to the bank today to withdraw 2,500$ and the teller informed me their location will only allow me to withdraw 1000$ At this time. Seems like everyone’s hoarding cash now lol.
Are you in the US? If so why do you put the $ after the amount?
by beernutz
Sat Mar 21, 2020 9:51 pm
Forum: Personal Consumer Issues
Topic: Online shopping during the current crisis
Replies: 18
Views: 1540

Re: Online shopping during the current crisis

If you ethically hold off shopping a lot of the workers you're concerned about will be unemployed.
by beernutz
Sat Mar 21, 2020 9:48 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 231
Views: 33088

Re: Don't pay full price for SiriusXM radio

I was offered $5 per month eventually when calling to cancel service after 3 months of free trial and 3 more months for $2.

I said no. This business model of making people haggle with online CS folks for a good deal is BS. I will just listen to my flash drive music.
by beernutz
Sat Mar 21, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 14
Views: 738

Re: Hearing aids

It has been posted already but deserves another recommendation: COSTCO. I took my 90 year old severely deaf mother to Costco for hearing aids a few years ago after her $5,500 private audiologist prescribed ones stopped working and she was told it would be another $5k to replace them. If they had wor...
by beernutz
Thu Mar 19, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: Vanguard Login Problems?
Replies: 4
Views: 385

Re: Vanguard Login Problems?

I tried two different browsers on two different laptops and all I get after entering the 6 digit security code that Vanguard just phoned me is a blank screen at the /us/LogonRedirect page.

UPDATE: I think the problem was my ad blocker. I turned it off and was able to get past the blank screen.
by beernutz
Thu Mar 19, 2020 9:44 pm
Forum: Personal Consumer Issues
Topic: Tipping in the time of Coronavirus
Replies: 39
Views: 3103

Re: Tipping in the time of Coronavirus

I ordered groceries for delivery for the first time today. It is possible I will order takeout restaurant meals or takeout cappuccino , which someone would bring to my car, someday soon. The jobs of these employees have just become more dangerous. What do you recommend for tip amounts in these situ...
by beernutz
Thu Mar 19, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 246
Views: 25496

Re: The end of cruise ships

Celebrity is holding onto $15k of my money until December 2021. It was either that or only get $3,750 of it back if we cancelled. I suspect the cruise industry will as a whole be just fine. Maybe some smaller operators will consolidate but the major players will still be major players next year. The...
by beernutz
Thu Mar 19, 2020 5:51 pm
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4866

Re: Get a 2nd Refrigerator for Home, and put in garage - Good idea?

I wonder do most 2nd refrigerator owners also rent offsite storage unit too? I fail to see the relevance. Do they also have 2nd cars? 2nd bedrooms? Maybe they have 2 pairs of shoes. Come on. Do you cook? Entertain? Shop frequently and pay top dollar for whatever you are eating? Eat out daily? The i...
by beernutz
Thu Mar 19, 2020 4:18 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?
Replies: 68
Views: 8253

Re: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?

Given the current landscape: many companies will go bankrupt, etc. Aren't treasuries the safest bet? The next 5-10 years could mirror the 30s. Also, they probably put TOO much stimulus into this nosedive. It will be bad, but there may be a massive inflation risk necessitating a rise in interest rat...
by beernutz
Tue Mar 17, 2020 10:04 pm
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4866

Re: Get a 2nd Refrigerator for Home, and put in garage - Good idea?

This may have been mentioned but expect your electric to jump. My did about $35 a month and then I realized all I was cooling was extra cases of soda and some incidentals. You can't use the fridge to cool the garage--you have to shut the door. Seriously what kind of fridge uses $35 a month of elect...
by beernutz
Tue Mar 17, 2020 9:58 pm
Forum: Personal Consumer Issues
Topic: Courses gone online, how to conduct exams?
Replies: 35
Views: 988

Re: Courses gone online, how to conduct exams?

I am giving essentially open book exams because I can't control the exam taking environment which is wherever the student's laptop is located. Our university supports an online proctoring service called UProctor but you have to sign up for it in advance and have the students pay for it which almost ...
by beernutz
Tue Mar 17, 2020 12:58 pm
Forum: Personal Investments
Topic: Where to park cash if we go to negative interest rates
Replies: 45
Views: 4811

Re: Where to park cash if we go to negative interest rates

Pikel wrote:
Tue Mar 17, 2020 12:09 pm
I think things are uncertain enough right now that we don't need to create more what-if scenarios.

Maybe a good time to turn off the computer and go for walk.
Agreed--maybe everyone could consider dialing back the hyperbole. Wishful thinking I know.
by beernutz
Sun Mar 15, 2020 4:21 am
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4866

Re: Get a 2nd Refrigerator for Home, and put in garage - Good idea?

We have had a garage fridge for more than fifteen years. First it was the old Kenmore which got relegated to the garage when we got a new LG. The Kenmore was 20 years old and my kilawatt reported it used about $180 of electricity per year but it was worth it when kids were still living at home. When...
by beernutz
Sat Mar 14, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: Buying a boat
Replies: 38
Views: 2176

Re: Buying a boat

The Facebook marketplace has a lot of boats for sale. I would also check out the buy/sell forum on thehulltruth.com which is one of the largest boating forums. You might want to ask your question there in The Boating Forum as well--just create a username and go to town. I'd check the local boat deal...
by beernutz
Thu Mar 12, 2020 12:00 pm
Forum: Personal Consumer Issues
Topic: Traffic camera ticket
Replies: 78
Views: 3859

Re: Traffic camera ticket

Why would you not pay the fine if you did the crime? I can't believe the number of posts here saying to ignore it. Bogleheads should be more responsible than that. In my case, not paying was a deliberate act of civil disobedience. I was a fan of red light cameras when I first heard about them. I th...
by beernutz
Thu Mar 12, 2020 7:09 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 24664

Re: How much you lost/gain since Feb 20,2020 ?

Down $340k on all investments combined as of last night but I fear it is going to get worse today. One retirement account portfolio is at 65/35 and the other is 80/20 but I've decided to change the second also to 65/35 given I am less than 5 years from retirement. Just trying to get the nerve up to ...
by beernutz
Wed Mar 11, 2020 9:45 pm
Forum: Personal Investments
Topic: exchange TIAA traditional with Stock during bear market?
Replies: 14
Views: 636

Re: exchange TIAA traditional with Stock during bear market?

Thanks for the advice! I will stay the course. When the stock tanks and gets out of balance, should I use my TIAA traditional or TIAA real estate to rebalance? Are you putting more contributions into TIAA? If so, couldn't you use that new money to rebalance? That's what I do for some rebalancing as...
by beernutz
Wed Mar 11, 2020 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Coming Into Money-Need Help With Savings/Debt/Investing-29 year old
Replies: 9
Views: 668

Re: Coming Into Money-Need Help With Savings/Debt/Investing-29 year old

If I was your age again I think I would have a mid 7 figure net worth if someone had told me to start using YNAB youneedabudget.com back then, if it had existed. That said, I think knowing an estimate of your monthly expenses, your car loan rate, and whether you have kids would help me make construc...
by beernutz
Wed Mar 11, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Re: Question about selling a trust asset (condo) to a trust beneficiary

If the one buying it is the sole trustee, he/she will need the approval of the others, or a court. Otherwise, the trustee(s) may sell it to the buyer for whatever amount the trustee(s) think is fair and that the buyer is willing to pay. However, given the family relationships, the trustee(s) may wa...
by beernutz
Wed Mar 11, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Re: Question about selling a trust asset (condo) to a trust beneficiary

Beernutz, I’ve been in same situation; there were 5 of us in the trust. Two were in charge...forgot the term. We decided to have meetings and hash it out. The overriding rule was that we had to have a 5-0 agreement on every detail. It was very hard to agree on a price for a house. It took getting s...
by beernutz
Wed Mar 11, 2020 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Re: Question about selling an estate asset (condo) to a beneficiary

To answer a couple of questions, I am a named beneficiary of the trust and while I realize the condo is in the trust and not part of the estate and therefore not under the control of the executors it is an asset I have an interest in. Perhaps I worded my request poorly but I'm seeking to learn from...
by beernutz
Wed Mar 11, 2020 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Re: Question about selling an estate asset (condo) to a beneficiary

NotWhoYouThink wrote:
Wed Mar 11, 2020 11:28 am
Revocable trusts become irrevocable after the grantor's death. Always.
Thanks, that's extremely helpful in dealing with my situation.
by beernutz
Wed Mar 11, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Re: Question about selling an estate asset (condo) to a beneficiary

To answer a couple of questions, I am a named beneficiary of the trust and while I realize the condo is in the trust and not part of the estate and therefore not under the control of the executors it is an asset I have an interest in. Perhaps I worded my request poorly but I'm seeking to learn from ...
by beernutz
Wed Mar 11, 2020 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Re: Question about selling an estate asset (condo) to a beneficiary

DIFAR31 wrote:
Wed Mar 11, 2020 11:08 am
I don't see how the condo can still be in a revocable trust if your mother established the trust and she has since died.
I don't understand your point. Where would the condo be if not in the trust?
by beernutz
Wed Mar 11, 2020 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Question about selling a trust asset (condo) to a trust beneficiary
Replies: 31
Views: 765

Question about selling a trust asset (condo) to a trust beneficiary

I am the co-executor of my mom's estate along with one of my brothers. There are 4 siblings and we each inherited an equal portion of the estate. My mom also created a revocable trust and its only asset is a beach side condo worth probably $300,000 give or take which has no mortgage. I am also an eq...
by beernutz
Wed Mar 04, 2020 12:56 pm
Forum: Personal Consumer Issues
Topic: Costco rebate tip
Replies: 33
Views: 4879

Re: Costco rebate tip

I just started doing this with my Amazon Prime CC. I'd always used the rewards directly on Amazon. It's often $100+ in rewards, but now I just redeem it at Chase.com for a statement credit and buy whatever it was at Amazon on the card for the 5% cash back. Not a big deal, but as long as I have a sp...
by beernutz
Mon Mar 02, 2020 11:21 pm
Forum: Personal Investments
Topic: Inherited IRA- help please
Replies: 9
Views: 731

Re: Inherited IRA- help please

Did your grandmother receive her 2020 RMD? If not the beneficiaries will likely receive their portion of it as a withdrawal. That happened to me earlier this year on an inherited 403b account.
by beernutz
Mon Mar 02, 2020 11:11 pm
Forum: Personal Consumer Issues
Topic: Bought Too Much Car
Replies: 30
Views: 4956

Re: Bought Too Much Car

I bought too much car and now have buyer's remorse. ...I don't need another car if I sell this one. Why did you buy the car? Do you have another car? If so, what is it? If not, how do you get around? Also, how much do you make? Or how affordable or unaffordable is the purchase? I bought the car for...
by beernutz
Mon Mar 02, 2020 11:01 pm
Forum: Personal Consumer Issues
Topic: Costco rebate tip
Replies: 33
Views: 4879

Re: Costco rebate tip

My executive member rebate check is two to three hundred so I am missing out on $4 to $6?
by beernutz
Sun Mar 01, 2020 4:30 pm
Forum: Personal Investments
Topic: Lock in Retirement or Toss a Coin?
Replies: 8
Views: 1078

Re: Lock in Retirement or Toss a Coin?

What are your ~$620k in equities invested in?