Search found 1667 matches

by Random Poster
Tue Jul 20, 2010 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with a $22k loss?
Replies: 12
Views: 2204

If you are single, find a nice partner who has $22K in capital gains, get married, and call it even. :D
by Random Poster
Mon Jul 19, 2010 9:19 am
Forum: Personal Consumer Issues
Topic: living in a 89 square foot house
Replies: 62
Views: 11831

It does not take much googling to find many websites pertaining to small houses and tiny homes. I've currently got my eye on a 700 square foot floor plan. Like others have stated, for future living needs a key requirement is a first-floor bedroom and wide doorways, which this plan offers. I think th...
by Random Poster
Wed Jul 14, 2010 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tax tips for single, high income renters
Replies: 46
Views: 6606

I have no idea how you can earn no interest or taxable dividends, assuming that you are moderately diversified. You could purchase stocks that paid no dividends. BerkshireHathaway comes to mind. For bonds, I used a NY-triple-tax-free bond fund when I lived in NY. The "triple" is because the bonds i...
by Random Poster
Wed Jul 14, 2010 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax tips for single, high income renters
Replies: 46
Views: 6606

I'm curious to know what the proposed answer(s) are myself. As far as I can tell, a single renter that is a W-2 employee and who doesn't want to get married, have children, or buy a house doesn't seem to have many options. Maxing out a 401(K) only takes away $16,500 (more if you are older). I have n...
by Random Poster
Mon Jul 12, 2010 8:26 am
Forum: Personal Consumer Issues
Topic: Suggestions on Places to Live
Replies: 18
Views: 2866

Thanks again. One note, however: I don't have to live in a place that offers public or mass transit. I'm not entirely sure where such an impression comes from, but that's not a requirement of mine. By being "car optional," I simply mean "a city that is small enough to get around on by foot or bicycl...
by Random Poster
Fri Jul 09, 2010 7:37 am
Forum: Personal Consumer Issues
Topic: Suggestions on Places to Live
Replies: 18
Views: 2866

Thanks everyone. I appreciate all of the links, information, and comments. I had no idea about those websites.
by Random Poster
Thu Jul 08, 2010 10:19 am
Forum: Personal Consumer Issues
Topic: Suggestions on Places to Live
Replies: 18
Views: 2866

Suggestions on Places to Live

I'm considering a lifestyle change, but I'm not entirely sure what geographical location would support such a change. For background, I currently work in an office doing legal stuff, in a large semi-tropical and often humid city in Texas, make pretty good money, rent a 1100 square foot apartment nea...
by Random Poster
Thu Jun 17, 2010 3:14 pm
Forum: Investing - Theory, News & General
Topic: Mail in rebates
Replies: 14
Views: 2098

What is/are the substantive difference(s) between a rebate and a coupon?
by Random Poster
Thu Jun 17, 2010 12:29 pm
Forum: Personal Consumer Issues
Topic: Thinking about vacationing in Australia
Replies: 11
Views: 1820

There is far more to Australia than just Sydney.

A visit to Australia should not, in my view, be undertaken unless you are planning to spend at least 2 weeks there.
by Random Poster
Thu Jun 17, 2010 11:10 am
Forum: Personal Consumer Issues
Topic: I hate dealership service departments!
Replies: 53
Views: 8343

I took my Honda in for an oil change plus all the checks. I let it go in with zero windshield washer fluid. They checked off it was full. What use is taking a vehicle to a dealership when they just write down check marks and don't check things? Legal liability of the parent company and the potentia...
by Random Poster
Wed Jun 16, 2010 1:07 pm
Forum: Investing - Theory, News & General
Topic: Why dont't we teach personal finance in our public schools?
Replies: 108
Views: 10374

Because it is not on any standardized test and not part of the NCLB mandate(s).
by Random Poster
Tue Jun 15, 2010 11:29 am
Forum: Personal Consumer Issues
Topic: What car would you get if you made $2M a year?
Replies: 106
Views: 13951

LTAccumulator wrote:The finest mass produced car ever made, the Lexus LS460. I have one now
+1 (less the "I have one now" part).
by Random Poster
Wed Jun 09, 2010 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: How many of you would quit your jobs with $2MM @ 55 yrs old
Replies: 111
Views: 18466

Assuming that my residence was paid for, I'd probably retire if: I had $1M at age 60; I had $1.5M to $1.75M at age 50; I had $2M to $2.25M at age 40; or I had $2.5M to $2.75M at age 35. I suspect that you could drop the numbers needed for retiring in the 50 and below years by $1M if you wanted to li...
by Random Poster
Mon Jun 07, 2010 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: ARG! Can I reduce my car expense?
Replies: 84
Views: 10330

I know the Boglehead way is to drive your car into the ground, but what cost do you put on safety? I recently traded in my 8 year old van for a new one. The safety features, traction control, many more air bags, crumple zones, etc. far outweighed my frugal nature. Any one else think this way? Same ...
by Random Poster
Wed Jun 02, 2010 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: how are Mutual funds cost basis assesed?
Replies: 4
Views: 1048

Re: how are Mutual funds cost basis assesed?

at the risk to sounding like a noob.. this will be at Vanguard in a taxable account. I have been buying/selling stocks and ETFs as opposed to mutual funds. I have had MFs in tax shelters but not in the taxable accounts. Up til now, all my dividends are cash back as opposed to a drips. In a taxable ...
by Random Poster
Thu May 27, 2010 7:51 am
Forum: Personal Consumer Issues
Topic: King or Queen Size Bed? What Brand?
Replies: 50
Views: 10941

Buying a mattress can be an absolute pain. To minimize the difficulty, I just buy the W Hotel bed through the Westin/W at home website. I believe that the bed is a Simmons model. If you watch for discounts, sometimes you can get the bed (and featherbed, and pillows, and so on) up to 40% off, pay no ...
by Random Poster
Wed May 26, 2010 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship with bank?
Replies: 31
Views: 4129

For amounts over $100K, I bank hop. For my checking account and small-time funds, I stay with one bank. are you saying you are sitting on that much cash? do you need the liquidity or the cash? just curious as it is currently painful to sit in cash and essentially you are shorting global markets by ...
by Random Poster
Wed May 26, 2010 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Relationship with bank?
Replies: 31
Views: 4129

For amounts over $100K, I bank hop.

For my checking account and small-time funds, I stay with one bank.
by Random Poster
Wed May 19, 2010 2:03 pm
Forum: Personal Consumer Issues
Topic: Most interesting thing to see in the world?
Replies: 113
Views: 14828

Re: Most interesting thing to see in the world?

Does anyone want to recommend the most amazing thing that we should consider putting on our list? I'll second the recommendation for Angkor. I never really wanted to visit the place, but I was in the area and figured that I might as well stop by and see it, and was awed by the experience. Actually,...
by Random Poster
Mon May 17, 2010 8:23 am
Forum: Investing - Theory, News & General
Topic: Suzie Orman Show. Not bad.
Replies: 45
Views: 6844

You might find a recent NY Times article on her to be worthwhile reading. See here: http://www.nytimes.com/2009/05/17/magazine/17orman-t.html?_r=1&scp=2&sq=suze%20orman&st=cse Two noteworthy excerpts from the article: Orman began her career as a stockbroker in 1980 and then started her own financial...
by Random Poster
Wed May 12, 2010 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth Obsession-NyTimes
Replies: 107
Views: 16373

Interesting article. I poked around the referenced NetworthIQ site, and what's interesting is that many of the profiles I viewed for the people with high net worth had huge amounts of cash (eg. Net worth 1M, with 300k in cash). It appears that most of them are achieving their net worth through very...
by Random Poster
Wed May 12, 2010 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Do you do your own taxes?
Replies: 78
Views: 10594

I do my own taxes. I do them by hand. No software. My own taxes have become more complex over time and involve multiple forms and schedules, but they aren't difficult. I suspect that anyone with a college degree from a reputable institution is able to do their own taxes. And I think that they should...
by Random Poster
Tue May 11, 2010 10:09 am
Forum: Personal Consumer Issues
Topic: tree overhang
Replies: 24
Views: 4793

Just a thought: Stand near the fence when your neighbor is throwing over the tree limbs. Move in such a manner so as to get hit by said limb. Upon contact with said limb, seek medical treatment immediately, and initiate a lawsuit against the neighbor for negligence, battery, and any other legal theo...
by Random Poster
Tue May 11, 2010 9:13 am
Forum: Investing - Theory, News & General
Topic: Daily Rebalancing?
Replies: 12
Views: 2244

If it is in a taxable account, I'd think taxes would be one potential downside. And record-keeping could be a bear.
by Random Poster
Tue May 11, 2010 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home in TX. Seller won't give up mineral rights...
Replies: 30
Views: 8024

OP, as an aside, surface conflict issues may be the most commonly discussed topic at mineral law seminars. To that end, I suggest that you try to locate at least one or two of the below articles and read them: Alspach, Surface Use by the Mineral Owner: How much Accommodation is Required Under Curren...
by Random Poster
Tue May 11, 2010 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home in TX. Seller won't give up mineral rights...
Replies: 30
Views: 8024

The options are probably going to come down to: 1. Buy without the mineral rights. 2. Buy with the mineral rights (not cheap). 3. Buy from someone who has already sold the mineral rights, which is really just a special case of #1. There is at least one other option as well: Buy the property and get...
by Random Poster
Tue May 11, 2010 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home in TX. Seller won't give up mineral rights...
Replies: 30
Views: 8024

If he keeps them and oil is found in your neighborhood later, he can sell them and reap a fortune and you'll be looking at a rig in your front yard and there will be nothing you can do about it. Not entirely true. There is a statutory process in Texas pertaining to subdivided lots where the develop...
by Random Poster
Tue May 11, 2010 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home in TX. Seller won't give up mineral rights...
Replies: 30
Views: 8024

Re: Buying a home in TX. Seller won't give up mineral rights

I've heard this is not an unusual thing here in Texas, but there are some concerning clauses from Texas law I have found (below). Initially my real estate agent said we need to get them, now, she is saying it is no big deal and "nobody owns their mineral rights here anyway". I'm in the process of g...
by Random Poster
Thu May 06, 2010 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting mutual fund proxy proposal
Replies: 3
Views: 1053

No, I don't think it is a good idea.

How hard would it be to change the benchmark index to which returns would be measured? If my earnings are in relation to my performance relative to some benchmark, I'd likely do whatever I could to make the benchmark easy to beat.
by Random Poster
Thu May 06, 2010 1:06 pm
Forum: Personal Consumer Issues
Topic: Buying a home with a pool..
Replies: 48
Views: 4657

A few things to consider about non-use of a pool: 1) Non-use of anything mechanical is seldom good for the mechanical item. After a while, things start to "gum up" and deteriorate faster than they would had they been used. 2) If you live in an area that has a high water table, outright draining of t...
by Random Poster
Wed May 05, 2010 10:08 am
Forum: Investing - Theory, News & General
Topic: Mutual fund or ETF?
Replies: 36
Views: 4254

I don't pretend to understand all of the distinctions, but I seem to recall Vanguard having a little summary of "whether an ETF is right for you," which compared ETFs to its Index funds. The big difference (and the determinative factor) to me is that ETFs were not advantageous for those who like to ...
by Random Poster
Thu Apr 29, 2010 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax liability on income from online surveys?
Replies: 17
Views: 6615

Query whether the income received is truly "income" or is instead a "gift." As an aside, I once was a participant in the Arbitron rating service. Arbitron was quite clear in stating that the monthly payments (usually in the $50 to $100 range) were tax-free until you received $600 or more in total fo...
by Random Poster
Thu Apr 29, 2010 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Better fund for taxable internaional (VGTSX vs VFWIX)?
Replies: 22
Views: 4959

edge wrote:Surprised no one mentioned the lack of FTC with Total International. FTSE Ex-US is superior for several reasons.
What does "FTC" mean?
by Random Poster
Mon Apr 26, 2010 11:40 am
Forum: Personal Consumer Issues
Topic: Vacationing in Spain
Replies: 28
Views: 3725

Re: Vacationing in Spain

We are planning a trip there this September and would like some recommendations. Would it be feasible to include Portugal as well ? I prefer to make a temporary home close to a lot of "things to see", rather than a lot of traveling to reach the interesting sites. I also prefer beaches though my wif...
by Random Poster
Fri Apr 23, 2010 7:27 am
Forum: Investing - Theory, News & General
Topic: Bonds in Tax-Deferred Account
Replies: 3
Views: 1100

Bonds in Tax-Deferred Account

I understand that it is preferred to place one's bonds in a tax-deferred account and one's equities in a taxable account.

Is there an academic study or spreadsheet that shows why such a portfolio placement is the preferred method?
by Random Poster
Thu Apr 22, 2010 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund in Taxable Account
Replies: 25
Views: 6349

Can the sell & the buy happen in one day [or right one after another], or would it take one business day to sell and then next day after the funds are available, I can buy. You can "exchange" all, or any portion, of one fund for another fund, and the exchange occurs all in one day. There is no need...
by Random Poster
Wed Apr 21, 2010 2:07 pm
Forum: Personal Consumer Issues
Topic: boglehead opinion please: manual reel mower for small lawn
Replies: 43
Views: 4974

If John Deere doesn't make it, I don't want it.
by Random Poster
Wed Apr 21, 2010 9:13 am
Forum: Personal Consumer Issues
Topic: A State With Plenty of Jobs but Few Places to Live
Replies: 11
Views: 2930

Valuethinker wrote:The trailers/ manufactured housing sector is a logical solution.
Provided that the local community is in favor of allowing such types of housing development.
by Random Poster
Wed Apr 21, 2010 8:23 am
Forum: Personal Consumer Issues
Topic: A State With Plenty of Jobs but Few Places to Live
Replies: 11
Views: 2930

It is a problem with no clear answers on how to fix it. If oil prices fall, then the job market will as well, and thus alleviate the need for new housing. If oil prices stay steady or rise, then perhaps it makes sense to build new housing. But who wants to build a block of apartments without knowing...
by Random Poster
Tue Apr 20, 2010 2:18 pm
Forum: Personal Consumer Issues
Topic: Vancouver, BC must-see suggestions?
Replies: 33
Views: 4025

Re: Day trip to to Victoria.

Valuethinker wrote:It's not twee-- all glass and steel condos along the waterfront, very Asian in orientation, maybe 1/4 the people you see there have some ethnic connection to Asia (although many are in fact 5th generation Japanese-Canadians).
The city is often referred to as Hong-couver for a reason. :wink:
by Random Poster
Tue Apr 20, 2010 10:19 am
Forum: Investing - Theory, News & General
Topic: UK Inflation surge means savers are losing money
Replies: 15
Views: 2432

You've described me! I've been pondering that question for 10 years, and I still don't have an answer. 100% munis isn't the answer because of term (interest rate) risk. 100% short-term bonds works, but only if inflation cools back down - you lose purchasing power on the front end, then make it back...
by Random Poster
Tue Apr 20, 2010 8:48 am
Forum: Personal Consumer Issues
Topic: Wall Street Journal or Financial Times?
Replies: 35
Views: 6233

Ziggy75 wrote:You need something other than the Bogleheads forum???
Too much reading on the computer screen hurts my eyes.
by Random Poster
Tue Apr 20, 2010 8:47 am
Forum: Investing - Theory, News & General
Topic: UK Inflation surge means savers are losing money
Replies: 15
Views: 2432

So let's say that inflation hits hard in the US. What should someone who has sizeable cash holdings, and who is unwilling to take the risk of losing more than, say, 2% to 5% of their cash due to a downturn in the markets, do? 100% short term bonds? 100% municipals? Buy some acreage and learn animal ...
by Random Poster
Tue Apr 20, 2010 8:42 am
Forum: Personal Consumer Issues
Topic: Vancouver, BC must-see suggestions?
Replies: 33
Views: 4025

The Aquarium is decent enough (in Stanley Park). Try to avoid all the school groups if you can--go early in the morning when it is still reasonably quiet.

Personally, I found Vancouver to be incredibly overrated.
by Random Poster
Mon Apr 19, 2010 3:24 pm
Forum: Personal Consumer Issues
Topic: Wall Street Journal or Financial Times?
Replies: 35
Views: 6233

Sometimes they run special offers of $99. You may wish to look into this web site.. http://www.subscription.com/financial-times/?path=sus-ftdt-gls-101a1a That's odd...the link states (or at least implies) that the pricing for FT is for 5-day-a-week delivery (Monday - Friday). But FT's own website i...
by Random Poster
Mon Apr 19, 2010 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Grudge Match Over Your 401(k)
Replies: 21
Views: 4083

Didn't have a problem with my prior employers, but I think that Fidelty did everything it could to make the process difficult and aggravating.

I particularly enjoyed being told by the Fidelity rep that my vested 401k balance was "not my money."
by Random Poster
Mon Apr 19, 2010 8:17 am
Forum: Personal Consumer Issues
Topic: Wall Street Journal or Financial Times?
Replies: 35
Views: 6233

Wall Street Journal or Financial Times?

Which is the "better" broad-based business newspaper: The Wall Street Journal or the Financial Times? I think that FT is around $300 a year for a subscription, while the WSJ can be had for free (or nearly free) via airline miles, but it seems to me that the WSJ has been dumbed down of late and isn't...
by Random Poster
Thu Apr 15, 2010 7:10 am
Forum: Personal Consumer Issues
Topic: Constitutional Law Book
Replies: 12
Views: 2128

Also, if you are looking for a "streamlined" primer, consider getting "Constitutional Law in a Nutshell." Perhaps this is a bit harsh, but I found the Nutshell series of books good for law students who didn't really belong in law school. http://www.amazon.com/Constitutional-Law-Nutshell-Jerome-Barro...
by Random Poster
Wed Apr 14, 2010 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Currently 32 and want to be a Millionaire by 65. Please hlp
Replies: 57
Views: 7222

I'm no genius on these matters, but you aren't fully funding your 401(k) for starters. How so? He said he invests $15,000 / year in his 401(k). That's the max for his age, is it not? As of this year: If you are 49 years old or younger, the max is $16,500. If you are 50 years old or older, the max i...
by Random Poster
Wed Apr 14, 2010 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Currently 32 and want to be a Millionaire by 65. Please hlp
Replies: 57
Views: 7222

I'm no genius on these matters, but you aren't fully funding your 401(k) for starters.