Search found 893 matches

by sergeant
Mon Feb 05, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Ever Thought of Suing (or Sued) A Waterproofing Company?
Replies: 20
Views: 1803

Re: Ever Thought of Suing (or Sued) A Waterproofing Company?

Research this issue at Garage Journal. There are experts at that site and many threads with photographs on how to truly waterproof a basement. The above information is correct, it can't be done from the interior.

You can sue anyone for anything. Good luck winning and then collecting.
by sergeant
Fri Feb 02, 2018 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: A bed time story for a RBD
Replies: 9
Views: 1861

Re: A bed time story for a RBD

Nice update. Which fund?
by sergeant
Fri Feb 02, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6845
Views: 1495968

Re: U.S. stocks in freefall

RBD today? No. It's Friday. So, how is an RBD defined? RBD was popularized by poster Livesoft. He has many posts talking about it. One of his criteria for it being a RBD is that the day not be a Friday. You can search for his full criteria. I would link it but would be violating his signature line....
by sergeant
Fri Feb 02, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6845
Views: 1495968

Re: U.S. stocks in freefall

lostdog wrote:
Fri Feb 02, 2018 10:38 am
RBD today?
No. It's Friday.
by sergeant
Thu Feb 01, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Insurance company wants new roof after closing!
Replies: 20
Views: 4450

Re: Help! Insurance company wants new roof after closing!

Replace the roof. Comp from 20 years ago is ready to be changed out.
by sergeant
Thu Feb 01, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 3311

Re: How much to spend on a backyard?

I was going to ALL CAPS for you not to get the pool but see it's off the table. Make it nice if you're going to be there for 30 years. I would save up in a side account for a bit instead of the HELOC.
by sergeant
Wed Jan 31, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund vs. Stable Value
Replies: 34
Views: 4074

Re: Bond Fund vs. Stable Value

Depends on the SV yield. If near the bond yield I would go SV.
by sergeant
Wed Jan 31, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Do it myself or hire a pro?
Replies: 27
Views: 2938

Re: Do it myself or hire a pro?

Welcome to the forum. Read the Wiki. Hire a pro, Vanguard PAS. Not the one you have met with.
by sergeant
Wed Jan 31, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Portfolio Allocation
Replies: 14
Views: 1975

Re: 401k Portfolio Allocation

For future reference, not everyone knows the tickers of those funds by heart, so it is important to give us fund names, too. --Looks like you just beat me to the punch. Thanks for adding the names. That said, I recognized most of them. Congratulations on having such nice 401k. I prefer the simplest...
by sergeant
Wed Jan 31, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to transfer Fidelity Roth IRA to Vanguard?
Replies: 3
Views: 563

Re: Best way to transfer Fidelity Roth IRA to Vanguard?

Does it really matter that it costs a few bucks? Just call Vanguard and have them do it.
by sergeant
Wed Jan 31, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: What should my Asset Allocation be, Stocks vs. Bonds?
Replies: 14
Views: 1289

Re: What should my Asset Allocation be, Stocks vs. Bonds?

Whatever you are comfortable with. Nothing but your comfort level applies in your circumstance.
by sergeant
Tue Jan 30, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6845
Views: 1495968

Re: U.S. stocks in freefall

Posters sound so calm and are sticking to their plans. That's easy to do with a small dip. We will see how it goes when they get hit in the nose with a 20% drop.
by sergeant
Mon Jan 29, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23906

Re: I bought a stock today - Redfin (RDFN)

That's great that you say you bought at IPO and sold near the top! Good luck with this. Seriously. Please let us know what moves that you make semi-close to real time. I'm always suspect when people post what great profits they have made way after the fact.
by sergeant
Mon Jan 29, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity mistake -- what next?
Replies: 13
Views: 1638

Re: Annuity mistake -- what next?

Move on. Dump the annuity. Take the penalty. It's a cheap lesson.
by sergeant
Thu Jan 25, 2018 8:11 pm
Forum: Personal Consumer Issues
Topic: Exterminator Accidently Sprayed our Home
Replies: 55
Views: 6085

Re: Exterminator Accidently Sprayed our Home

I wouldn't have confronted him until he was done with the entire perimeter.
by sergeant
Thu Jan 25, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Did I just commit market timing with "dry powder"?
Replies: 46
Views: 4477

Re: Did I just commit market timing with "dry powder"?

Dry powder rarely works to increase portfolio returns. The reasons have already been listed. Yes, you were market timing. Not sure about you being 100% equities. You have three kids and will have college costs soon. You and DW both want to quit your current jobs. You do have pensions but have stated...
by sergeant
Thu Jan 25, 2018 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 6865

Re: Cost of living comparison (HCOL vs LCOL)

Without one of these ground breaking changes you are unlikely to see the backwoods or swamps of most LCOL areas turn into an industrial powerhouse. So, buying a home in a random LCOLA and waiting for such a change is a losing bet. That's all great for history but absent some change, HCOL will event...
by sergeant
Wed Jan 24, 2018 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 18313

Re: Dear wife quits job and now we are down to 1 income

I agree with those who have said to relax and take some time. When our second was born my wife went part-time. I thought it would really hurt our retirement accounts. It didn't. We spent less than we made and still put money away once we got our budget down. Please take care of your wife, This is a ...
by sergeant
Wed Jan 24, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with 457B Portfolio
Replies: 27
Views: 1948

Re: Need Help with 457B Portfolio

Wow! That must be one high paying government job to be able to max your 457b account in one paycheck. Why are you so occupied with one years deposit when it only is about 3% of your 457b balance? To answer your question we would need to know about other accounts and goals. Do you have a written inv...
by sergeant
Wed Jan 24, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with 457B Portfolio
Replies: 27
Views: 1948

Re: Need Help with 457B Portfolio

Wow! That must be one high paying government job to be able to max your 457b account in one paycheck. Why are you so occupied with one years deposit when it only is about 3% of your 457b balance? To answer your question we would need to know about other accounts and goals. Do you have a written inve...
by sergeant
Sun Jan 21, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 146
Views: 15779

Re: Can We Retire in Hawaii? Please Critique

Captain and Tennille:. Dual Retirement. Retired university professor. DW. Retired educator. Age 80's. No mortgage. No debts. Home value 1.2 million. They are a little comfortable. Very very frugal. And live well below their means. Sonny is a Boglehead with a large portfolio in a 50/50 allocation. 2...
by sergeant
Sun Jan 21, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 6570

Re: Should I buy a business or suck it up at a job(s) with a pension.

Congrats, you have done a great job preparing for early retirement. My first recommendation is take a nice vacation in a warm climate to recharge your batteries. No way should you leave now to buy a car wash! Get to 50 and the pension and take it year by year. Are you sure that you get 3% COLA autom...
by sergeant
Sun Jan 21, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Dumb to use Vanguard Target date funds in Roth IRA?
Replies: 10
Views: 1688

Re: Dumb to use Vanguard Target date funds in Roth IRA?

Makes sense to me. Our Roth's are in Vanguard Target funds. Easier for my wife to just stick with when/if I go first.
by sergeant
Sat Jan 20, 2018 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: $50K Whole Life Insurance Policy
Replies: 12
Views: 793

Re: $50K Whole Life Insurance Policy

Simply your problem: Just 2 Options. Not 3, 4 or 5. Let you spouse give you the answer. 1. Keeping WL: If you die, how much will the heirs get? 2. Getting TermLife: If you die, how much will the heirs get? Disclaimer: We had WL on Only when he was young because he wasn't eligible to get TL until we...
by sergeant
Sat Jan 20, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: $50K Whole Life Insurance Policy
Replies: 12
Views: 793

Re: $50K Whole Life Insurance Policy

schrute wrote:
Sat Jan 20, 2018 2:54 pm
Nate79 wrote:
Sat Jan 20, 2018 2:16 pm
Just get term insurance and cancel this junk.
Why is this considered junk?
There are numerous threads on just why these "are junk", we don't know all your information but for 99.9% of people these are no where near optimal for investing nor for life insurance.
by sergeant
Fri Jan 19, 2018 3:29 am
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 47
Views: 1912

Re: 457 worth it with these fees?

fortfun, sounds like you have a good plan for retirement. Just remember the withdraw options change when you go from a 457b to an IRA.
by sergeant
Mon Jan 15, 2018 2:13 am
Forum: Investing - Help with Personal Investments
Topic: Looking for multiple sets of eyes to review
Replies: 51
Views: 5211

Re: Looking for multiple sets of eyes to review

Third update...STILL No call back from any of the agents. So, I was hoping that someone could provide any comments/insight on my Personal set up as is without looking into the 457/403b ideas. Than you @klangfool and others for all of your comments and thoughts so far. Have you checked with your HR ...
by sergeant
Sat Jan 13, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any situations where you don’t max retirement opportunities?
Replies: 16
Views: 2243

Re: Are there any situations where you don’t max retirement opportunities?

Your plan makes sense to me. You have maxed retirement accounts for the last 30 years. You seem to have plenty saved up. Taking a year off or not fully maxing your retirement accounts will have no meaningful difference when you retire. Sorry to hear about the high medical costs, enjoy the remodel.
by sergeant
Sat Jan 13, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pension service credit purchase: yes or no?
Replies: 16
Views: 1228

Re: Pension service credit purchase: yes or no?

I have a similar option as OP. Except by statute , the retired employee receives 3% of the previous years benefits, each year. I have considered buying about 6 years of time. It would increase the monthly benefit substantially . But---here is the issue-- the plan is only 60% funded. It is a state p...
by sergeant
Sat Jan 13, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 50
Views: 6207

Re: why do banks bother offering lousy CD rates?

My MIL has most of her "savings" in an account at a B&M paying just about zilch. I pity the bank! She is in there several times a month for hours getting help balancing her check register, questioning her mailed statements, drinking the free coffee, and complainng to the manager if an employee looks...
by sergeant
Sat Jan 13, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Pension service credit purchase: yes or no?
Replies: 16
Views: 1228

Re: Pension service credit purchase: yes or no?

It almost always pays to buy service time. California PERS eliminated this option (except for military buyback) several years ago due to the costs associated with it. Looking at your numbers I would absolutely do it. The purchase is even better if you have a survivor benefit. The only negative is i...
by sergeant
Sat Jan 13, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Pension service credit purchase: yes or no?
Replies: 16
Views: 1228

Re: Pension service credit purchase: yes or no?

It almost always pays to buy service time. California PERS eliminated this option (except for military buyback) several years ago due to the costs associated with it. Looking at your numbers I would absolutely do it. The purchase is even better if you have a survivor benefit. The only negative is if...
by sergeant
Sat Jan 13, 2018 1:58 am
Forum: Investing - Theory, News & General
Topic: Invested in ROTH IRA but I appear to have crossed $186K mark
Replies: 15
Views: 2379

Re: Invested in ROTH IRA but I appear to have crossed $186K mark

Correct, you don't need to worry about pro-rata rule if no other IRA's. Vanguard has information on backdoor Roth on their website and check our wiki here.
by sergeant
Sat Jan 13, 2018 12:50 am
Forum: Investing - Theory, News & General
Topic: Invested in ROTH IRA but I appear to have crossed $186K mark
Replies: 15
Views: 2379

Re: Invested in ROTH IRA but I appear to have crossed $186K mark

Call your provider and they will assist you with the easiest way to handle it. Have you looked into the backdoor Roth?
by sergeant
Fri Jan 12, 2018 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: How much more return would DFA funds produce?
Replies: 11
Views: 1362

Re: How much more return would DFA funds produce?

You state that your 50/50 AA produces results in an up market similar to a 60/40 AA. If true I wouldn't change anything.
by sergeant
Fri Jan 12, 2018 4:42 am
Forum: Investing - Help with Personal Investments
Topic: Help with Mandatory IRA distributions. The IRS will take my money away!!
Replies: 29
Views: 2225

Re: Help with Mandatory IRA distributions. The IRS will take my money away!!

livesoft wrote:
Thu Jan 11, 2018 6:48 pm
For starters, stop working. Working only compounds your problem.
No it doesn't. In another post he claimed to be an extremely low earner and even said he is a "negative" earner, implying that he loses money while working. :-?
by sergeant
Thu Jan 11, 2018 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 13111

Re: Is it time for me to "call in rich"?

Do it. Now. You will spend the next two years getting your shop/man cave built and outfitted. That should keep you busy. Go to Garage Journal for ideas. Good job on the finances. Enjoy!
by sergeant
Thu Jan 11, 2018 1:57 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1946

Re: How to pay for a new kitchen and dinning room

He could take a few years and save the money by limiting other expenses like vacations and eating out. This is a want not a need.
by sergeant
Tue Jan 09, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: ID theft and check cashing fraud
Replies: 97
Views: 7251

Re: ID theft and check cashing fraud

This happens a few thousand times a day in the USA. If you think you are going to ask the local police department to assign an investigator to something this small you are mistaken. At which point and in which amount does it become worthy of investigation, in your estimation, and who should make th...
by sergeant
Tue Jan 09, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 3224

Re: Maybe not a win for teachers/I need some advice

After years of trying to get Vanguard/Fidelity on our 403b approved list they finally agreed. Our new contract clearly says that they will add Vanguard and Fidelity. Today they tell us that we can now invest with those companies by using another company called Aspire. At this point we cannot invest...
by sergeant
Mon Jan 08, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 211
Views: 21441

Re: Memo to those who have won the game: it's time to quit playing

WhiteMaxima wrote:
Mon Jan 08, 2018 4:06 pm
W Buffet has won the game long time ago but he is till playing the game. How to explain?
That has been answered in this thread. His money is going to the Gates Foundation. He is "playing" for future generations.
by sergeant
Mon Jan 08, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 3192

Re: protecting future inheritance

My father had a good pension and lots of money when he married his 3rd wife. I wasn't crazy about her. She got him to send all his money to her destitute family over the next 30 years. She also loved and cared for him during those years which included battling cancer for many years. I ended up being...
by sergeant
Mon Jan 08, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3950

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

I think it is smart to have flexibility with your housing situation and applaud your process. I think it is far more important to just decide to live in a nice place that you can easily afford than to have detailed plans for the decades to come. Things change!
by sergeant
Sun Jan 07, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Missing a Long Term Financial Goal
Replies: 32
Views: 4285

Re: Disappointed in Missing a Long Term Financial Goal

Maybe you would be better served by having different financial goals. My goals were always reachable. I always had a goal to contribute max to our IRA's and 457b accounts each year. No matter what the market did those were achievable goals. I never had a specific dollar goal.
by sergeant
Sun Jan 07, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 3131

Re: Do we have too much in bonds?

AA looks good to me. Enjoy retirement.
by sergeant
Sat Jan 06, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: panicked- how to convince family to get life insurance
Replies: 21
Views: 2598

Re: panicked- how to convince family to get life insurance

Take a deep breath. Don't panic. No way they qualify for affordable life insurance as smokers with diabetes. No way you are going to change anyone's diet choices. No way are they all of a sudden going to start making good choices after a life time of making bad choices. Just let go. Doesn't sound li...
by sergeant
Sat Jan 06, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Am I market timing with my newly considered AA?
Replies: 11
Views: 1092

Re: Am I market timing with my newly considered AA?

I think that you are reassessing your AA. Some will call it market timing but who cares. Moving from your AA to 60/40 when you realize that you've won the game is good planning in my book.
by sergeant
Fri Jan 05, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Too high income for Roth, but made contributions already - Can I still Backdoor?
Replies: 5
Views: 615

Re: Too high income for Roth, but made contributions already - Can I still Backdoor?

simplesimon wrote:
Fri Jan 05, 2018 2:46 pm
Do you have other tIRA accounts at all? I believe they all need to be converted or rolled out into a 401k to Backdoor.
Says they don't have any other IRA's.