Search found 564 matches

by FoolStreet
Fri Sep 08, 2017 12:04 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 12175

Re: Contemplating an Electric Car

I wasn't considering the other health aspects in my posts, only emissions. As it happens, my diet is very high in lamb ;) In any case, our home's walk/transit/bike scores are 7 / 0 / 4 according to www.walkscore.com, so I'm not going to be walking or biking anywhere . It just isn't feasible. Drivin...
by FoolStreet
Thu Sep 07, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 4703

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

OP, you use the word "we" a lot in your initial post. If you are a real estate investor doing a deal, negotiating with Fortune 500 companies, you can judge if it makes sense. If you are not, if you are being asked to put some money in someone else's deal, my advice as an internet stranger is "no wa...
by FoolStreet
Wed Sep 06, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 10717

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by FoolStreet
Wed Sep 06, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 10717

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by FoolStreet
Wed Sep 06, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 10717

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by FoolStreet
Wed Sep 06, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 12175

Re: Contemplating an Electric Car

Hello I have about a year before I will be selling back my Audi A3 TDI to VW/Audi due to emissions scandal. I'm seriously considering an EV option and will look at Tesla Model 3 ( deposit made), the 2018 Leaf and the GM Bolt. Have you looked at the A3 e-tron? We traded in my A3 TDI for the e-tron a...
by FoolStreet
Wed Sep 06, 2017 12:09 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 12175

Re: Contemplating an Electric Car

I looked at the BMW i3, but it does not appear to be "electric" enough. That said, I think they look really cool in a totally quirky way, sort of the 1950s view of a 21st century car ;-). How is it not electric enough? The 650cc two-cylinder engine is a $4,000 option! The new Mini Countryman All4 E...
by FoolStreet
Wed Sep 06, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 12175

Re: Contemplating an Electric Car

Energy has to be generated either way. An ICE keeps it within the vehicle, which is easy to calculate. How is your local electricity generated? 1/3 of the electricity in the US is still generated by coal, which is why I always ask my friends who own Teslas "How's your coal fired car running?". ...O...
by FoolStreet
Wed Sep 06, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 12175

Re: Contemplating an Electric Car

We have a 2007 Prius and a 2014 Leaf, and I think the technologies are pretty mainstream now. The question is mainly whether the ranges work for your needs. The 80 mile range of the Leaf is fine for commuting, shopping, etc. A longer range for our second car is worth basically nothing to us. On the...
by FoolStreet
Wed Sep 06, 2017 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 10717

Re: Protecting moms assets from nursing home expenses

My parents worked with an estate attorney last year to protect the house. My father is getting home care now and they have sufficient assets to cover the next few years but my mother is in relatively good health and could live for years yet. The attorney set up a trust 'for the children' which hold...
by FoolStreet
Tue Sep 05, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 12175

Re: Contemplating an Electric Car

Hello I have about a year before I will be selling back my Audi A3 TDI to VW/Audi due to emissions scandal. I'm seriously considering an EV option and will look at Tesla Model 3 ( deposit made), the 2018 Leaf and the GM Bolt. I'd like to hear what Bogleheads think about EV's and if they think now i...
by FoolStreet
Mon Sep 04, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 5654

Re: Estate Administration Question

In addition to expenses, there will be income. Social Security (depending on date of death), pensions, refunds, security deposits, refunds of insurance etc. Household items can also be sold as well as the car. The first priority is to pay burial expenses. Many people have monthly income checks (SS,...
by FoolStreet
Mon Sep 04, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 5654

Re: Estate Administration Question

In addition to expenses, there will be income. Social Security (depending on date of death), pensions, refunds, security deposits, refunds of insurance etc. Household items can also be sold as well as the car. The first priority is to pay burial expenses. Many people have monthly income checks (SS,...
by FoolStreet
Sat Sep 02, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Best bond fund for taxable 3 fund portfolio in CA?
Replies: 14
Views: 2397

Re: Best bond fund for taxable 3 fund portfolio in CA?

What bond fund do you recommend for a taxable 3 fund portfolio? Since you mention in another topic that you would hold Vanguard funds at Vanguard for the portfolio's stock slices, and a 5-7 year time horizon for possible disposition of the taxable portfolio: suggest Vanguard California Intermediate...
by FoolStreet
Sat Sep 02, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 5654

Re: Estate Administration Question

Scenario: Single person passes away, leaving modest estate requiring probate. All financial accounts (savings, checking, investment) have designated POD/TOD beneficiaries. Joe is named executor of the estate by the decedent’s will. Joe files the will with the probate court and receives “letters of ...
by FoolStreet
Mon Aug 07, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Best bond fund for taxable 3 fund portfolio in CA?
Replies: 14
Views: 2397

Re: Best bond fund for taxable 3 fund portfolio in CA?

What bond fund do you recommend for a taxable 3 fund portfolio? Since you mention in another topic that you would hold Vanguard funds at Vanguard for the portfolio's stock slices, and a 5-7 year time horizon for possible disposition of the taxable portfolio: suggest Vanguard California Intermediate...
by FoolStreet
Sun Aug 06, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: [Funding a condo purchase, have deferred annuities]
Replies: 4
Views: 275

Re: Mom made a mistake? Annuities

Sidebar ^ Interesting. Thankyou, delamer We tried to get a HELCO on a wholly owned rental Seattle condo, near AMZN. Our credit scores 735 & 760. We could only get 37% of purchase cost; 30% of appraised value on a HELOC, because of scores are too low for more $$ :| We opted to do a refi where we cou...
by FoolStreet
Sun Jul 30, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: How to give for Gif Tax? Tax Best Practices?
Replies: 7
Views: 786

Re: How to give for Gif Tax? Tax Best Practices?

Avo wrote:There's a gif tax??

Image
...mmmm.... I think you are pronouncing it wrong.....

Image


Heh heh. :-)
by FoolStreet
Sat Jul 22, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: How to give for Gif Tax? Tax Best Practices?
Replies: 7
Views: 786

How to give for Gif Tax? Tax Best Practices?

I could use some advice on how best to give money considering gift taxes. Let's say my wife and I want to give the max up to gift tax limits to a family member, I am trying to figure out the best way to do it. I believe the max is $14k per person per year and we can each give 14k, up to 28k per year...
by FoolStreet
Sun Jul 16, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: San Jose and San Francisco Trip
Replies: 24
Views: 2399

Re: San Jose and San Francisco Trip

Thanks for the ideas of memorable places! May I have input for the $ side: What city should we pick for our hotel if we will likely visit places both in San Jose and San Francisco? I notice Palo Alto, San Mateo, Daly City. Should I go for Uber with two booster seats or just rent a car? Should I jus...
by FoolStreet
Tue Jul 11, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: CA exempt bond fund: Long term or intermediate?
Replies: 9
Views: 1149

Re: CA exempt bond fund: Long term or intermediate?

I have 'long term CA exempt' currently - VCITX. My investment horizon is 1 to 2 years, perhaps longer if I don't need this money for a home renovation. Should I keep VCITX or move to 'intermediate term CA exempt' - VCAIX? What should drive my decision? Thanks, WRE Before I give advice, along the th...
by FoolStreet
Sat Jul 08, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Better hurry if you want a gas-engine Volvo
Replies: 96
Views: 7928

Re: Better hurry if you want a gas-engine Volvo

Two things: 1. I think they'll "offer" EV and Hybrid drivetrains, it's not going to be a 100% switch in 2019 2. The EV demand will likely be stronger in China. For example in Shanghai, all the little scooters that used to be smoking 2-strokes are now electric. All of them. EVs make more sense in Ch...
by FoolStreet
Sat Jul 01, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my mom is in serious financial crisis. Need help ASAP.
Replies: 58
Views: 10832

Re: Just found out my mom is in serious financial crisis. Need help ASAP.

We all live in different cities. We've talked about helping but don't have enough to pay back the debt. We also feel like she should make the sacrifice with regards to either her house or annuity. She can't leave her current private practice job where she lives. Really looking for answers specifica...
by FoolStreet
Sat Jul 01, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 3632

Re: Medicaid irrevocable trust- any experiences?

You will get two categories of response: 1. "They are jerks for mooching off the system" And 2. Rational discussion on limitations of the strategy. In the latter, consider that there is a 7 year lookback, so be careful of an issue within that period at which point the matter is moot. Medicaid eligib...
by FoolStreet
Sat Jul 01, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my mom is in serious financial crisis. Need help ASAP.
Replies: 58
Views: 10832

Re: Just found out my mom is in serious financial crisis. Need help ASAP.

Are you okay with her moving in with you?

Do you have any siblings?
by FoolStreet
Wed Jun 21, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 7615

Re: Did I just get seriously ripped off?? (Car lease)

I admit I should have taken more time with this... My 9 year old bimmer was starting to bite the dust, so I took it in to the dealership where I originally bought it, hoping for some loyalty. They offered eventually $5k for the car. Check. Then they knocked that amount off the price of a new 230i P...
by FoolStreet
Sat Jun 17, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Best Cheap Champagne
Replies: 60
Views: 7265

Re: Best Cheap Champagne

Costco has a Kirkland prosecco for $6.99 that's very drinkable. We prefer it over Freixenet. +1 on Costco. Pick your price range. Costco's selections will generally be among the best for whatever price they are charging. And yes, Costco's selections under their own Kirkland brand are very good when...
by FoolStreet
Sat Jun 17, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 8266

Re: Voyager Select vs Flagship

The advantage of Flagship to me is a more personal relationship. I can say Hello Savannah, and she says Hello Wes. I value that. For example, we discussed at length the issues relating to a transfer of funds from a Calif STRS 403b account, and got the right paperwork to/from individuals in the two ...
by FoolStreet
Tue Jun 06, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Please talk me out of a turnkey rental property
Replies: 78
Views: 9445

Re: Please talk me out of a turnkey rental property

First find a property manager. Work backwards from there. Thanks for your reply. As I said in my last response, after a few more days of studying I came to realize that's exactly accurate, you need to assemble your own team by finding a trusted property manager who will heavily screen tenants and t...
by FoolStreet
Mon Jun 05, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Please talk me out of a turnkey rental property
Replies: 78
Views: 9445

Re: Please talk me out of a turnkey rental property

Research it thoroughly. Do so with the intent to learn everything you can, not the intent to show it is a good idea. Acquire hard, real numbers. Enter investment property with knowledge and the right mindset and expectations. All that is more difficult to do from afar. Thank you for these final rec...
by FoolStreet
Sun May 14, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Tipping at All Inclusive Resort?
Replies: 67
Views: 7797

Re: Tipping at All Inclusive Resort?

I tip. What is an extra 50 bucks over a 3-4 days to me? I will typically give a 10 to the bartender at the pool at the beginning and coast for several hours. I especially tip the servers that do the beach service. It looks extremely challenging to be trekking through the sand in pants and a long sl...
by FoolStreet
Mon May 01, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 4508

Re: Kamado grill

I am fearing this. i suspect it will sit and collect dust. i enjoy grilling (only on weekends). weekdays I am away from home (6a to 7p) and i doubt i will have time. I only like grilling chicken, fish (salmon) and some cuts of lamb. 100% agree, I have one that I enjoy owning, but it just doesn't ge...
by FoolStreet
Sun Apr 30, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 4508

Re: Kamado grill

Definitely check this link: https://www.costco.com/kamado-joe-schedule.html Yes but that one is different from the "Pit Boss" also sold by Costco. The Kamado Joe is probably 3x as much, it's one of the 'name' brands (like Big Green Egg.) For my use the Pit Boss is perfect, I got 90% of the BGE expe...
by FoolStreet
Sat Apr 29, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 4508

Re: Kamado grill

I have the Costco 'Pit Boss' version, it was $399 on sale last summer (goes on sale annually) https://www.costco.com/Pit-Boss-Ceramic-BBQ-Grill-.product.100295951.html Pros: - When on sale, it's a very good deal for a large Kamado. (Even the regular in-store price of $650 is decent, but I'd wait fo...
by FoolStreet
Sat Apr 29, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 4508

Re: Kamado grill

I have the Costco 'Pit Boss' version, it was $399 on sale last summer (goes on sale annually) https://www.costco.com/Pit-Boss-Ceramic-BBQ-Grill-.product.100295951.html Pros: - When on sale, it's a very good deal for a large Kamado. (Even the regular in-store price of $650 is decent, but I'd wait fo...
by FoolStreet
Sat Apr 29, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 4508

Re: Kamado grill

Was browsing thru the forums and came across this topic. I enjoy grilling on my Weber Charcoal grill. Was thinking if this sort of grill is worth it? Any good recommendations for a portable Kamado grill? Portable meaning I would like to move it around in my backyard. I see Lowes has a chargriller f...
by FoolStreet
Sat Apr 29, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 80
Views: 11160

Re: Helping adult children

Ok, I read Beyond the Grave and am feeling a bit guilty. Here's our situation...we have two sons. Both are engineers and doing well in their careers. Son 1 has 3 active children and a stay-at-home wife who is a wonderful mom. Son 2 is married and his wife has an excellent career. They have no child...
by FoolStreet
Tue Apr 25, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 5136

Re: Reached 50% of my "number" today

Congratulations to you! Its a little over a year ago we started our journey on Bogleheads. I can never thank Lifehacker enough for the article I read that sent me searching for a better way to manage our retirement funds. Every year I did the taxes since we had hired our FA it was killing me to see...
by FoolStreet
Sun Apr 23, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

Foolstreet, My total 401K amount is the combination of the small and medium funds Touché. I think the advise still stands. Perhaps more so. Nice work there. Actually, as I recommmend it above, this only gives you a ratio of 90%us to 10% international. You probably want a little more international, ...
by FoolStreet
Sun Apr 23, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

Oracles4444 wrote:Foolstreet,

My total 401K amount is the combination of the small and medium funds

Touché. I think the advise still stands. Perhaps more so. Nice work there.
by FoolStreet
Sun Apr 23, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

FoolStreet, Yes i am getting it and excited i am getting it LOL thank you I guess i can keep my Roth in Fidelity and make it an international index - have to look for one Then move money from fidelity to Vanguard and make that my taxable account and make it all VTSAX We all love Vanguard, so happy ...
by FoolStreet
Sun Apr 23, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

dbr is one of our best and brings up some great points. I want to mention my thought process. First, you don't tell us your 401k amount, so kind of going blind. Second, your bond allocation is pretty small, so it can probably fit all in one account, rather than spread out. Which account? We like to ...
by FoolStreet
Sun Apr 23, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

Step 2: look at your 401k. Scan through the investment options and find the one with the lowest expense ratio. Not a coincidence, that is an S&P index fund. Put 100% of your 401k into that. That basically meets the US Equities checkbox. It's good enough for Buffett, it's good enough for us. Edit: p...
by FoolStreet
Sun Apr 23, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

Step 3:make your Roth 100% of a total international index. Pick whichever one you want, presumably the one from Fidelity since it is a fidelity account. Step 4: Make the taxable be a total stock market index, again presumably fidelity. Do you think you will have uncomfortable cap gains? If so, you c...
by FoolStreet
Sun Apr 23, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

Step 2: look at your 401k. Scan through the investment options and find the one with the lowest expense ratio. Not a coincidence, that is an S&P index fund. Put 100% of your 401k into that. That basically meets the US Equities checkbox. It's good enough for Buffett, it's good enough for us. Edit: pu...
by FoolStreet
Sun Apr 23, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 1147

Re: Truly appreciate your suggestions on my investments

Before we start, do you know what the 3-fund portfolio concept is? All we are going to do is to massage your investments into those 3 funds: us equities, international and total bond. Some people like to slice and dice to create subcategories within each of those main categories, but simplifying to ...
by FoolStreet
Sun Apr 23, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: End of car lease calculation
Replies: 7
Views: 928

Re: End of car lease calculation

goru1 wrote:
buy from the financial firm holding the title, not from the dealer.
It is leased by Honda finance.

My lease term is 12,000 miles per year. Does it mean if I return and not use 36000, I loose money for every unused mile?
Yes, you paid for what you didn't use.
by FoolStreet
Sun Apr 23, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: End of car lease calculation
Replies: 7
Views: 928

Re: End of car lease calculation

Is my calculation correct? Which option make sense? Purchase leased vehicle: 2015 pilot lx borrow 18,400 ( residual value of leased vehicle ) 60 months used 3.49% monthly 335 Return leased vehicle and buy new: 2017 pilot lx borrow 31000 ( estimated out the door price ) 60 months new 2.49% monthly 5...
by FoolStreet
Sat Apr 22, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 5136

Re: Reached 50% of my "number" today

Congratulations to you! Its a little over a year ago we started our journey on Bogleheads. I can never thank Lifehacker enough for the article I read that sent me searching for a better way to manage our retirement funds. Every year I did the taxes since we had hired our FA it was killing me to see...
by FoolStreet
Fri Apr 21, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 65
Views: 8493

Re: Trust Services

...I agree with all of this, which is why I feel that a trust that restricts a trustee to index investing should also have a means to modify that requirement in the event the future is radically different. The Trust Protector approach is one way to do this. There is already appropriate boilerplate ...