Search found 823 matches

by sco
Sun May 29, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth the additional Expense to try to replicate Total International?
Replies: 20
Views: 1986

Re: Is it worth the additional Expense to try to replicate Total International?

Thanks you all for your comments. You are helping me stay the course here, I think I'll just leave it be. I don't let it auto-rebalance in the 401k, I do have it alert me if any one fund gets more than 5% from its target total allocation. That has yet to happen, but when it does there is a re-balanc...
by sco
Fri May 27, 2016 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth the additional Expense to try to replicate Total International?
Replies: 20
Views: 1986

Re: Is it worth the additional Expense to try to replicate Total International?

. . . 1. Does anyone have a comparison of Developed versus Emerging market performance over a long period of time? 2. It is worth doing, or should I just crap Emerging Markets for the lower fee developed? 3. Should I just run S&P, Intl and BOND and not worry about Emerging or US Small Cap? . . . Ha...
by sco
Fri May 27, 2016 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth the additional Expense to try to replicate Total International?
Replies: 20
Views: 1986

Re: Is it worth the additional Expense to try to replicate Total International?

. . . 1. Does anyone have a comparison of Developed versus Emerging market performance over a long period of time? 2. It is worth doing, or should I just crap Emerging Markets for the lower fee developed? 3. Should I just run S&P, Intl and BOND and not worry about Emerging or US Small Cap? . . . Ha...
by sco
Fri May 27, 2016 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth the additional Expense to try to replicate Total International?
Replies: 20
Views: 1986

Is it worth the additional Expense to try to replicate Total International?

I don't have a Total US Stock Market in my 401k. I attempt to create this by using the Russel Small Cap Index. The fees aren't much different between the two, and I realize that there is possible minimal difference between just holding the S&P 500 fund. I also don't have a Total International Ex US....
by sco
Thu May 26, 2016 9:22 pm
Forum: Investing - Theory, News & General
Topic: Does anyone know how the loan limits work over multiple 401(k) accounts?
Replies: 21
Views: 3660

Re: Does anyone know how the loan limits work over multiple 401(k) accounts?

Then --even if you do have the ability to borrow the money-- I fail to see the advantage in taking out a big lump sum and paying it back incrementally with no interest. It won't be earning any interest with taxes deferred while it's not in the 401(k) plan. And if you were paying interest, it would ...
by sco
Wed May 25, 2016 3:32 pm
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 3995

Re: Flying airplanes -lessons

My son is pretty sure that the communications failure was with the guy who screens calls; the actual pilot was happy to have a multi-hour paying customer. That is probably the case. I'm an instructor and I frequently ask for an intro flight (when traveling) to get to an instructor, then I explain t...
by sco
Wed May 25, 2016 3:05 pm
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 3995

Re: Flying airplanes -lessons

Everywhere I have seen is very familiar with people that just want to go for an hour, happens all the time. Just be upfront about it, they may through you to an instructor that isn't looking to snag every person that walks in the door.
by sco
Tue May 24, 2016 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Another 529 question
Replies: 14
Views: 2672

Re: Another 529 question

Just my opinion, but I wouldn't put any more money in there. There are several things that could happen where you would end up with a pile of cash in there. Project out how much each may be worth by the time each kid is 18+, depending on how you have it invested. You can always start adding money la...
by sco
Sun May 22, 2016 9:20 pm
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 3995

Re: Flying airplanes -lessons

BogleHeads probably isn't the best place for your questions either, I suggest a flying forum like PIlotsOfAmerica

All your questions have been asked and answered there, are there are local pilots on there that can point you to all the local options.
by sco
Sun May 22, 2016 9:18 pm
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 3995

Re: Flying airplanes -lessons

I am a SEL/MEL and Instrument Instructor. I'd be happy to answer any questions that you have. Above all, until you have a LOT of experience with planes. Don't even consider purchasing one, you have no idea what the costs are. Renting is cheaper (I am sure at this point you may not believe this), get...
by sco
Thu May 19, 2016 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Special Considerations for High Net Worth? Advisor?
Replies: 40
Views: 4101

Re: Special Considerations for High Net Worth? Advisor?

I'd be much more concerned with finding a attorney and CPA/Tax Accountant that I trust, that stuff gets complicated. You could target date fund 10M and probably end up better than paying 1% to this guy. And not require any thought. (Taxes could be fun) And I'm not suggesting you actually do that, as...
by sco
Wed May 18, 2016 10:36 pm
Forum: Personal Consumer Issues
Topic: When is cash better than plastic?
Replies: 74
Views: 9357

Re: When is cash better than plastic?

Cash is better than plastic when you can use cash to negotiate a better discount. I did this at a jeweler - negotiated the price down and then asked for another 3% off if I paid cash. Also did this at a body-shop once (and they gave me a HUGE discount by using cash). That is because they were not g...
by sco
Wed May 18, 2016 10:34 pm
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 81
Views: 9463

Re: For those of you in the Accumulation Phase - How often do you check?

since so many people regularly check, i was wondering if anyone knows a way that i can put all of my investing accounts' information on just vanguard's webpage so that it regularly updates and i only have to look at one place. i have a 401k with fidelity, wife's 401k with principal, and the rest ar...
by sco
Wed May 18, 2016 1:14 am
Forum: Personal Finance (Not Investing)
Topic: Reality check - how am I doing
Replies: 63
Views: 9297

Re: Reality check - how am I doing

in General, where do you live?
by sco
Wed May 18, 2016 12:11 am
Forum: Personal Consumer Issues
Topic: When is cash better than plastic?
Replies: 74
Views: 9357

Re: When is cash better than plastic?

After an earthquake or any other situation when there is temporarily no electricity. Back in the day we used to process credit cards with those clunky gadgets with the sliding thingy that you'd put the carbon slips in. Don't know what they're actually called. I used to just call them "ca-chunk mach...
by sco
Mon May 16, 2016 9:32 pm
Forum: Personal Consumer Issues
Topic: Is it OK to leave home wifi on?
Replies: 55
Views: 5983

Re: Is it OK to leave home wifi on?

Leaving Wifi on makes no difference really. What you are seeing is weak signals crossing a threshold or not...
Any of the current encryption methods are eventually breakable. Shut the PC down if it has data on it, for various reasons including mechanical.
by sco
Fri May 13, 2016 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

Who is elegible for the Federal Saver's Credit: -18 years old or older -not a full time student -not claimed as a dependent on another person's Federal tax return I would think the student would be taken as a dependent on the parents return for the 2016 tax year. The IRS rules for a student is that...
by sco
Thu May 12, 2016 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

How does a kid start an IRA with just a bi-weekly contribution? Doesn't look possible at vanguard, as every fund and account has at least a 1k minimum. Kind of a pain to setup a TD Ameritrade or Fidelity Account just to put that money into, until it because 1k and then transfer it over. Even then, I...
by sco
Wed May 11, 2016 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones out of the 401K business leaving us hanging...
Replies: 20
Views: 4186

Re: Edward Jones out of the 401K business leaving us hanging...

EJ did you a favor, send them a gift basket...


Ok forgo the gift basket, but you are better off without them.
by sco
Wed May 11, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain to me how Term life is a better choice than WLI.
Replies: 69
Views: 8079

Re: Can someone explain to me how Term life is a better choice than WLI.

It is almost a sure thing. That is, you will almost surely surrender the policy before year 10-15 (if not sooner).. At some point you will write the monthly or year check and ask, "What am I getting for my money?".. YOu will see the life insurance amount, then the cash value amount, then realize yo...
by sco
Wed May 11, 2016 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain to me how Term life is a better choice than WLI.
Replies: 69
Views: 8079

Re: Can someone explain to me how Term life is a better choice than WLI.

It is almost a sure thing. That is, you will almost surely surrender the policy before year 10-15 (if not sooner).. At some point you will write the monthly or year check and ask, "What am I getting for my money?".. YOu will see the life insurance amount, then the cash value amount, then realize you...
by sco
Tue May 10, 2016 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance, as a couple should both person get it?
Replies: 11
Views: 1280

Re: Life insurance, as a couple should both person get it?

Food for thought, we are done having kids. So I bought Term Life to run through the youngest getting out of College. That age may not be right, but 15 vs 20 year or 20 vs 25 year term is not a big difference in price. Now, if you had to add it later, it could be a lot more expensive (or not)... So t...
by sco
Tue May 10, 2016 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Transferring 401k to Brokerage Link
Replies: 20
Views: 3487

Re: Transferring 401k to Brokerage Link

Post their expenses and maybe blurb on what they track, and that will be better than the ticker..
by sco
Mon May 09, 2016 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Edward Jones to Vanguard
Replies: 40
Views: 5605

Re: Moving Edward Jones to Vanguard

Which portfolio is has "more risk"? 90% Total US Stock 10% Total US Bond 56% Total US Stock 14% Total International Stock (20% of your 70% stock allocation) 30% Total US Bond I think it is fine to go with a "2 fund portfolio". Don't think you don't have risk going 90/10 and forgoing international. ...
by sco
Mon May 09, 2016 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advisor at 0.03% [actually 0.3%]
Replies: 53
Views: 9692

Re: Vanguard advisor at 0.03%

For a LOT of people, that .3% would be money well spent.

For you, who knows?

YOu know you can add it and if after a year or two (it'll be on auto-pilot by then), drop the service..
That is what I would recommend, or just ask here and the people here will give you similar advice.
by sco
Sun May 08, 2016 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Question for the Bogleheads Millionaires
Replies: 372
Views: 69611

Re: Question for the Bogleheads Millionaires

if i could do it all again, i think being an officer in the air force, for 20 years, on full retirement pension, or a federal firefighter would be the way to go, assuming you could put up with the military for that long. the guarantee pension amounts, seem as good as owning $1M in assets IMHO. Than...
by sco
Sun May 08, 2016 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring 401k to Brokerage Link
Replies: 20
Views: 3487

Re: Transferring 401k to Brokerage Link

Mind giving some specifics on the funds available that you don't like?
The fee's that brokerage Link will involve?
And how you intend to invest recurring?


It can be expensive to buy every 2 weeks when she gets paid, if you have to pay a $8 fee for $200 worth of ETF.. Just an example..
by sco
Sat May 07, 2016 1:27 pm
Forum: Personal Consumer Issues
Topic: Peculiar Airline Pricing
Replies: 22
Views: 4467

Re: Peculiar Airline Pricing

Rookie mistake, you gave them an easy way to see your flying history. Historically if you were going to do this, you would forgo the upgrades and fly just under your name. (Some people even used different initals, etc all legal of course). Of course now days they collect a little more than your nam...
by sco
Sat May 07, 2016 9:00 am
Forum: Investing - Help with Personal Investments
Topic: 26 y/o with ~$175,000 inheritence
Replies: 40
Views: 8120

Re: 26 y/o with ~$175,000 inheritence

The 401k limit is 18K for any 401k plan. Based on your income, I do not expect you to be a highly compensated employee (HCE) that has limits on contributions. Also, I did not understand by what you mean by The annual income limits for 401k (16k I believe for my employer sponsored) and roth (5.5k) w...
by sco
Sat May 07, 2016 9:00 am
Forum: Investing - Help with Personal Investments
Topic: 26 y/o with ~$175,000 inheritence
Replies: 40
Views: 8120

Re: 26 y/o with ~$175,000 inheritence

The 401k limit is 18K for any 401k plan. Based on your income, I do not expect you to be a highly compensated employee (HCE) that has limits on contributions. Also, I did not understand by what you mean by The annual income limits for 401k (16k I believe for my employer sponsored) and roth (5.5k) w...
by sco
Fri May 06, 2016 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: 26 y/o with ~$175,000 inheritence
Replies: 40
Views: 8120

Re: 26 y/o with ~$175,000 inheritence

I know of a 18 year old that inherited 200k directly, within 18 months he had two car loans that he could pay, insure that he couldn't afford, and no money left. Don't be that guy.

I'm sure he had a lot of fun blowing it all, but this is potentially the biggest jumpstart you will ever get.
by sco
Fri May 06, 2016 1:31 pm
Forum: Personal Consumer Issues
Topic: Peculiar Airline Pricing
Replies: 22
Views: 4467

Re: Peculiar Airline Pricing

You probably put your Freq Flier number on your Ticket? Yeah, I was one of their uber-frequent travelers at the time. Rookie mistake, you gave them an easy way to see your flying history. Historically if you were going to do this, you would forgo the upgrades and fly just under your name. (Some peo...
by sco
Fri May 06, 2016 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

Perhaps this is beyond the scope of the original question, but to me, by far the best investment your son could be making at this stage in his life is to invest in himself. Does he have any plans for college? A trade school? Certification programs? Any investment now in his "human capital" that wou...
by sco
Fri May 06, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: Peculiar Airline Pricing
Replies: 22
Views: 4467

Re: Peculiar Airline Pricing

I was actually warned by Delta because I did this 4 times in a year. I would buy a round trip, fly only one way, and later use credit from the second leg to purchase another fare. They sent me a message saying this was against their terms, and if it was done again I'd be charged the one-way price o...
by sco
Fri May 06, 2016 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: 25 y/o with ~ $175,000 inheritance
Replies: 9
Views: 1261

Re: 25 y/o with ~ $175,000 inheritance

Sorry for your loss. You don't need to do anything immediately, and you want to be careful from all the insurance salesman and other NEW friends that may have good ways for you to blow through this. I'd guess that it would take you 10-15 years to accumulate this much, so don't screw it up :) That be...
by sco
Thu May 05, 2016 11:00 pm
Forum: Investing - Theory, News & General
Topic: Your age in bonds minus ten? Not according to Vanguard
Replies: 93
Views: 12806

Re: Your age in bonds minus ten? Not according to Vanguard

I'm currently at age -20 I guess. (38YO, ) but I don't think of it that way. I am at 20% Bonds at 38 Years old, I will probably revisit in 10 years. I don't see long term much difference in 20-40% bonds. If all goes as planned by 60 Years old I could see myself at 40-50% Bonds. I can't envision goin...
by sco
Thu May 05, 2016 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best High-Yield Online Account for Emergency Fund?
Replies: 28
Views: 4779

Re: Best High-Yield Online Account for Emergency Fund?

Kenster1 wrote:From my experience, Ally transfers take 2 business days.
in the rare event that you need the money quicker. Just get their free checking account with debt card. Transfer money instantly and either use the debit card or write a check (even to yourself)..
by sco
Thu May 05, 2016 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

Ok, I see where I screwed that up. That makes more sense I could tell something wasn't quite right.. Traditional to get down to 18,500 and then either keep filling it or put some in a Roth. I guess now the question is whether to just use a guesstimate and put it in an unmatched 401k for 1 year (simp...
by sco
Thu May 05, 2016 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

I have estimated his Year end income to only be around 18-20, based upon low pay and a partial year :) Lets call it $ Gross $20,000 worst case Subtract the Standard deduction $6,300.00 Subtract the Exception $4,050.00 AGI $9650 According to the 2015 Tax table, he would owe $990 total tax, as a singl...
by sco
Wed May 04, 2016 11:38 pm
Forum: Personal Consumer Issues
Topic: Peculiar Airline Pricing
Replies: 22
Views: 4467

Re: Peculiar Airline Pricing

For whatever silly reason, the airlines won't sell tickets in any of the discounted fare classes on one-ways. It isn't a silly reason, they have evidence that prove those buying a one way fair, a last minute fare, a business class fare, and/or that last seat in coach will pay for it, more often tha...
by sco
Wed May 04, 2016 11:06 pm
Forum: Personal Consumer Issues
Topic: Peculiar Airline Pricing
Replies: 22
Views: 4467

Re: Peculiar Airline Pricing

You only get in trouble if you do this a lot. Then you end up on a list. Theoretically, they can charge you the one way price if you no show. You'd have to do this a lot. Normally they just cancel the rest of your reservation. So make sure the no show doesn't have a flight after it, that you would ...
by sco
Wed May 04, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 or cash first?
Replies: 29
Views: 3482

Re: Use 529 or cash first?

This is my plan, not that I am an expert. 1. Spend $4k out of pocket every year. [*]Current rules for $2500 tax credit, depends on AGI. Remember a tax year is different than a school year. 2. Spend all 529 funds as soon as possible [*]Just in case they don't finish college, for a variety of reasons ...
by sco
Sun May 01, 2016 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Problems with EJ (Is anyone surprised?) [Edward Jones]
Replies: 30
Views: 5234

Re: Problems with EJ (Is anyone surprised?)

You'd be best to just drop 2-3k on someone that will do nothing but draw up a plan, and help you execute that plan. Yearly if needed for a couple of years. The accounts won't be with them, you are paying for advice. All your accounts will be moved somewhere legit, that won't rob you in fee's Vanguar...
by sco
Thu Apr 28, 2016 10:27 pm
Forum: Personal Consumer Issues
Topic: Car Buying Advice
Replies: 31
Views: 4246

Re: Car Buying Advice

LAlearning wrote:
sco wrote:I'm shocked Kia makes a 30k Vehicle, as I have yet to actually see one.
you realize this one starts at 50k...: http://www.kia.com/us/en/vehicle/k900/2016
Nope, I had no idea that they made anything like that..
by sco
Wed Apr 27, 2016 10:57 pm
Forum: Personal Consumer Issues
Topic: Car Buying Advice
Replies: 31
Views: 4246

Re: Car Buying Advice

I'm shocked Kia makes a 30k Vehicle, as I have yet to actually see one.
by sco
Sun Apr 24, 2016 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

sco, One possibility for you to think over. Charge your son rent/utilities. Then, take that money to contribute to your son's Roth IRA. 1) It lets your son get used to a lifestyle where he has to pay rent/utilities. 2) It will be more money to fully fund his Roth IRA. KlangFool Solid plan... GIven ...
by sco
Fri Apr 22, 2016 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 2971

Re: Investment Plan for Young Adult out of High School

Not sure what is meant by "normal paycheck contribution"; pretty sure you mean "IRA open in 2016" - but the main point about making sure his AGI is $18,500 or less (because $18,501 would give only a $400 credit) is exactly right. Meaning I'll help him get setup to put in $50 per paycheck, or whatev...
by sco
Fri Apr 22, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: IRA for 10 year old
Replies: 16
Views: 2470

Re: IRA for 10 year old

You could just leave it in the settlement account until she has the 1,000, perhaps next year?