Search found 637 matches

by PVW
Fri May 31, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: How do BH define Cost of Living Cities
Replies: 48
Views: 3025

Re: How do BH define Cost of Living Cities

OP, It is very simple. If you can buy a Single-family house of 2,000 to 3,000 square feet at around 200K, it is an MCOL area. Anything lower than that, it is LCOL. Anything higher than that, it is HCOL or VHCOL. KlangFool These terms are often vague and subjective, but I agree that the price of hou...
by PVW
Thu May 30, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 14436

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

Why are "graded" (or "fixed % COLA") being so disparaged here? If one doesn't have a true COLA option, isn't having some regular increase over time still much better than no increase at all? I don't know if they are being disparaged, but there is vigorous discussion that is trying to point out that...
by PVW
Thu May 30, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 14436

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

The bolded bears repeating. An annuity with fixed % step ups is still a nominal annuity, not in any real way 'in between' a nominal and real annuity. The step ups are just a convenience to match the expected need for nominal dollars at points in the future, at the cost of a bit of loss of transpare...
by PVW
Thu May 30, 2019 10:08 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 6279

Re: Jim Cramer

but I at least thought they had some meaningful insights. What am I missing here? Why did you think Jim Cramer had meaningful insights? What you are missing is that you are not able to objectively evaluate financial advice like this. For me, this is the most important tenet of being a boglehead - I...
by PVW
Wed May 29, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 14436

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

Zvi Bodie and Dirk Cotton advise that nominal annuities carry uncertain inflation risk for retirees and that only real annuities should be purchased or none: Economic theory implies that, faced with a choice between two annuities (SPIAs) costing the same amount, one of which is fixed in nominal dol...
by PVW
Wed May 15, 2019 12:12 pm
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 8130

Re: Dividends almost Doubled between 2013 and now

skor99 wrote: Tue May 14, 2019 9:30 pm I am seeing a faster growth of rate of dividends than inflation in my portfolio.
I don't think inflation is a good benchmark for dividend growth. A better benchmark would be earnings growth, but you might still need to adjust for changes in dividend rate.
by PVW
Fri May 10, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Vacant Lake Lot. Sell or Hold?
Replies: 54
Views: 3392

Re: Vacant Lake Lot. Sell or Hold?

List was 119K. He offered 75K. Counters back and forth have him at 85k stating final offer. [...] The other option is to hold and hope for more interest. I'd lower asking to 99k. You are spending $1.6K per year for the possibility of getting an extra $14K (minus commission). That is not a gamble th...
by PVW
Fri May 03, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Exercising ISO options: what is the IRS's wisdom?
Replies: 13
Views: 959

Re: Exercising ISO options: what is the IRS's wisdom?

What kind of irks me is that this goes against a fundamental principle of taxation, which is no tax until income is realized. While that is the general rule for taxation on investments, it is not the rule on salary and benefits from your job. Nearly anything of value that you receive from your empl...
by PVW
Wed May 01, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Need Advice - Getting Laid off
Replies: 34
Views: 4981

Re: Need Advice - Getting Laid off

x150831 wrote: Wed May 01, 2019 11:05 am From a reputation standpoint would they be ok with the headlines "Megacorp denies New Father Paternity Leave"
Don't do this.
by PVW
Mon Apr 29, 2019 12:29 pm
Forum: Personal Investments
Topic: Purchase prior public service for pension?
Replies: 3
Views: 376

Re: Purchase prior public service for pension?

I would not buy service credit because you can't be certain what you are buying. Will the pension benefits be the same in 30 years?
by PVW
Thu Apr 25, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: very wierd auto insurance premiums...
Replies: 22
Views: 1869

Re: very wierd auto insurance premiums...

I just bought a new car, and kept the old one, and here's the premium at renewal (for both cars): EXACTLY $1000.00 (6-month premium)....Can anyone speculate as to how such a nice round number is produced (given that every other premium for this or any other company has never been such a nice round ...
by PVW
Fri Mar 29, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 17819

Re: How often do you check your net worth?

I only see the value of my investments when I log in to the accounts. Usually about once per year I'll roughly add up the value of all my accounts. Then I'll close one eye and aim with my thumb to see if I need any rebalancing. I've never calculated my net worth. Fiddling with a Boglehead portfolio ...
by PVW
Fri Mar 29, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: My data has been breached (again)
Replies: 13
Views: 1688

Re: My data has been breached (again)

You could probably sue for actual damages if you can prove them. Otherwise, there is no financial motive for institutions to protect this data. Lobby your elected officials to pass legislation that will attach personal ownership and intrinsic value on personally identifiable information. If a compan...
by PVW
Wed Mar 27, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?
Replies: 76
Views: 4655

Re: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?

Be a sympathetic listener. Be a role model. Don't be judgemental. Don't try to fix people.
by PVW
Wed Mar 27, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: Returning back to former job
Replies: 12
Views: 1308

Re: Returning back to former job

If they take you back, the only thing you have to worry about is pride. If you can get over that, then be humble and honest to your coworkers and everything should be fine.
by PVW
Tue Mar 26, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: New Hampshire PhD student – Rent or Buy
Replies: 13
Views: 787

Re: New Hampshire PhD student – Rent or Buy

Rent. Buying is investing in the local housing market and the risk is too high.
by PVW
Wed Mar 20, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Questions on RSUs and Stock Options
Replies: 17
Views: 789

Re: Questions on RSUs and Stock Options

Our RSU program has two options for taxes. You can either write a check for the appropriate tax withholding, or "sell to cover", where they sell enough shares to hit the withholding amount. From my understanding, this is very standard practice. My company only does the later. At vest, they sell som...
by PVW
Wed Mar 20, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Questions on RSUs and Stock Options
Replies: 17
Views: 789

Re: Questions on RSUs and Stock Options

If you want to reduce the amount you owe when you file your tax return, you can make estimated tax payments or you can increase the tax withholding from your paychecks. As long as you don't owe any penalties for underpayment of taxes, the IRS doesn't care which method you use. Generally, your compan...
by PVW
Tue Mar 19, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a $1.5 million house?
Replies: 125
Views: 9750

Re: Can I afford a $1.5 million house?

Are you sure your accountants have all the facts of this transaction or that possibly you misunderstood their opinion? Gill This really isn't neurosurgery :P Affordability isn't neurosurgery either. You're making $1.3 million, probably going to $2 million per year, in a zero tax state, with a good ...
by PVW
Thu Mar 14, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: New Oil Boiler/Indirect Hot Water Heater - Turn House Temperature Down at Night?
Replies: 25
Views: 1929

Re: New Oil Boiler/Indirect Hot Water Heater - Turn House Temperature Down at Night?

I have an older (maybe 30 year old) cast iron boiler for hydronic radiators. 1 zone, no indirect hotwater heater. My HVAC technician told me that boilers like constant thermostat settings. His reasoning was that when heating a house from a cool state, the water is colder than normal and the boiler w...
by PVW
Wed Mar 13, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Utility bill hits new highs! What can I do?
Replies: 55
Views: 3522

Re: Utility bill hits new highs! What can I do?

Unlikely, but somebody could have tapped into your line and be stealing electricity. Shut off your main breaker and see if your electric meter stops.
by PVW
Wed Mar 13, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should I give more money to a family member?
Replies: 107
Views: 7677

Re: Should I give more money to a family member?

Let me see how it is from your sisters side. My father just passed away. I live in an undesirable area. I want to go to graduate school to get a better job. I also want to get married but we haven't saved enough for a wedding or a honeymoon. My older always more responsible sister tells me she does...
by PVW
Wed Mar 13, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I give more money to a family member?
Replies: 107
Views: 7677

Re: Should I give more money to a family member?

There is an obvious, logical answer to your question and from the tone of your post, you know exactly what it is. The problem you have and what we can't help with is the emotional relationship you have with your sister. It sounds like your sister has a much different relationship with money than you...
by PVW
Tue Mar 05, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: Diminished value claim advice
Replies: 43
Views: 2830

Re: Diminished value claim advice

They rejected her request as they are not legally required to provide such compensation in NJ. IANAL. Perhaps what the insurance company said was they were not legally required to provide such coverage in the liability policy. If diminished value coverage is excluded, then the liability is with the...
by PVW
Tue Mar 05, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Median net worth of Bogleheads?
Replies: 17
Views: 4085

Re: Median net worth of Bogleheads?

teelainen wrote: Tue Mar 05, 2019 11:17 am median net worth of Bogleheads
It's not easy to define. Tax liability and penalties apply to retirement savings. Capital gains taxes. How do you value life insurance? Social Security benefits? Pensions?
by PVW
Fri Mar 01, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Do houses grow tax free?
Replies: 98
Views: 5374

Re: Do houses grow tax free?

Maybe I'm misunderstanding the question, but I would no say no they are not the same. Not only are there maintenance/insurance/etc costs, but there are also annual property taxes levied against it's value (at least in Texas). In my area its from 2%-4%-ish of the market value due annually. As a tax ...
by PVW
Fri Mar 01, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: Do houses grow tax free?
Replies: 98
Views: 5374

Re: Do houses grow tax free?

As a tax free investment, a residence has very high fees - taxes, insurance, maintenance, mortgage interest, sales commissions. And some (or possibly all) of them are paid with after-tax dollars. For my house, the gross fees outweigh the gross appreciation.
by PVW
Fri Mar 01, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Does great grandma need the great grandkid's SSN?
Replies: 22
Views: 2564

Re: Does great grandma need the great grandkid's SSN?

HAL 9000 wrote: Thu Feb 28, 2019 9:00 pm My question is, shouldn't a name and DOB be enough information?
I've been required* to provide social security numbers for UTMA, 529, and retirement account beneficiaries.

*I'm not sure they were required, but there was no immediately obvious way to avoid providing the SSN.
by PVW
Thu Feb 28, 2019 2:39 pm
Forum: Forum Issues and Administration
Topic: Keep Bogleheads Free! (as in unaffiliated)
Replies: 52
Views: 7298

Re: Keep Bogleheads Free! (as in unaffiliated)

I agree. Even though I take more than I give to this site, I participate because of personal interest and charity. My participation would be significantly reduced if this became Vanguard's Bogleheads or something similar. I enjoy being part of a grassroots movement, but I don't want to be a tool for...
by PVW
Thu Feb 28, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Client From Hell Is Driving Me Insane!
Replies: 60
Views: 8467

Re: Client From Hell Is Driving Me Insane!

Here are a few ideas - but this kind of thing is so far from my expertise you can feel free to roll your eyes and ignore them; Maybe there are some subtle ulterior motives at work. Maybe the client isn't really looking for the best advertising campaign. He/she really wants to be exalted as a marketi...
by PVW
Tue Feb 26, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: $5000 water bill-Help!
Replies: 68
Views: 7264

Re: $5000 water bill-Help!

I will also write to our County Council member about this situation--something like this could be catastrophic for someone without saving--and it can't be that uncommon. You also stated "The water company has said they will give us a one-time “courtesy” adjustment of ½ of the excess above our highe...
by PVW
Mon Feb 25, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fun thought expt wrt carbon footprint.
Replies: 32
Views: 1777

Re: Fun thought expt wrt carbon footprint.

You cannot accurately assess how your actions are going to affect the carbon footprint of someone else - e.g., how selling a used gas-guzzler will affect the global carbon footprint of all vehicle owners. You can only get a reasonable assessment of your own carbon footprint. Your current vehicle is ...
by PVW
Fri Feb 22, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Do You Tip the Folks at the Feed Store?
Replies: 22
Views: 2014

Re: Do You Tip the Folks at the Feed Store?

I wish the students could be allowed to tip the professors, and a business owner could be allowed to tip a government official, legally. I often wondered is it legal to tip an officer for dispensing a speeding ticket or other traffic violation. He/She is doing an excellent job if they caught me bec...
by PVW
Fri Feb 22, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: Best PAID music streaming service?
Replies: 69
Views: 7067

Re: Best PAID music streaming service?

I have nearly 1000 music CDs that I have made lossless files I think I should probably donate all of them to the library and sign up for a good streaming service. It it probably a violation of copyright law to keep copies once you no longer have the physical CD. If it was legal, you could gift the ...
by PVW
Fri Feb 22, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: Do You Tip the Folks at the Feed Store?
Replies: 22
Views: 2014

Re: Do You Tip the Folks at the Feed Store?

When do I get a tip for patronizing a business?
by PVW
Thu Feb 21, 2019 3:17 pm
Forum: Personal Consumer Issues
Topic: Retroactive Rx Price Changes
Replies: 22
Views: 1506

Re: Retroactive Rx Price Changes

Possibly Express Scripts is starting to charge Direct and Indirect Remuneration (DIR) fees back to the customer. From my limited knowledge, Medicare Part D participating pharmacies don't really know the final price of a drug when they sell it to a customer. The pharmacy benefit managers might kick b...
by PVW
Tue Feb 12, 2019 1:21 pm
Forum: Personal Investments
Topic: First job 401k options
Replies: 16
Views: 1313

Re: First job 401k options

Stick to the Ishares funds. All of the other funds have high fees. You can fill out the stock allocation of your investment plan with the Ishares funds. If you need to allocate investments to bonds, do that outside of your 401k plan in a post tax account. Not only because you don't have good 401k op...
by PVW
Mon Feb 11, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: filling small holes in metal, exterior.
Replies: 8
Views: 561

Re: filling small holes in metal, exterior.

If the frame for the storm door is a hollow tube, fill the holes with expandable spray foam (e.g., Great Stuff). After it dries, use a utility knife to remove any squeeze out and then sand the area smooth. Painting over spray foam will have a different appearance, but won't be too noticeable with sm...
by PVW
Mon Feb 11, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Can employer deduct amount from salary as loan
Replies: 11
Views: 1354

Re: Can employer deduct amount from salary as loan

Leave balance was 130 hrs when i left company. Some employers will give the entire year's vacation balance on Jan. 1 and you can use it however you want, but it is really a pro rated grant and if you don't work the full year, you might have to pay back any vacation that you hadn't earned yet. So, f...
by PVW
Fri Feb 08, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Can employer deduct amount from salary as loan
Replies: 11
Views: 1354

Re: Can employer deduct amount from salary as loan

I believe it's legal to deduct money from your last paycheck that you owe your employer - e.g., for borrowed vacation time. You should call your previous employer to find out what the deduction was for.
by PVW
Fri Feb 08, 2019 11:39 am
Forum: Personal Investments
Topic: Sell gold krugerrand and put in Roth?
Replies: 40
Views: 2280

Re: Sell gold krugerrand and put in Roth?

You'll need to pay tax at the 28% collectibles rate. But I'm not sure what your basis is. Probably the value at the time your dad received it. The 28% tax rate on bullion coins is commonly misunderstood. You pay the minimum of your marginal tax rate or 28%. So if you are in the 22% bracket, you pay...
by PVW
Fri Feb 08, 2019 11:28 am
Forum: Personal Investments
Topic: Sell gold krugerrand and put in Roth?
Replies: 40
Views: 2280

Re: Sell gold krugerrand and put in Roth?

rage_phish wrote: Thu Feb 07, 2019 1:53 pm I have one I got from my dad as a kid

Makes more sense to sell it and put the money in my Roth right?
You'll need to pay tax at the 28% collectibles rate. But I'm not sure what your basis is. Probably the value at the time your dad received it.
by PVW
Thu Feb 07, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: FamilyTreeDNA Admits to Sharing Genetic Data
Replies: 53
Views: 3154

Re: FamilyTreeDNA Admits to Sharing Genetic Data

Please provide me a realistic situation in which sharing my DNA negatively impacts my life. Assume your DNA somehow ends up on a crime scene (accidentally or intentionally, easy to come up with many plausible scenarios). Obviously it has nothing to do with you but do you really want the hassle of p...
by PVW
Wed Feb 06, 2019 4:35 pm
Forum: Personal Consumer Issues
Topic: FamilyTreeDNA Admits to Sharing Genetic Data
Replies: 53
Views: 3154

Re: FamilyTreeDNA Admits to Sharing Genetic Data

I have trouble seeing a negative that concerns me. Really? Your DNA is the fundamental definition of your physical identity and likely holds many keys to your personality, health and psychology. Are you comfortable sharing this information with anyone that wants it? For a flippant example, would yo...
by PVW
Wed Feb 06, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help - DW Laid Off and Company wants her back now
Replies: 109
Views: 12574

Re: Need Help - DW Laid Off and Company wants her back now

DW was called this morning and notified that she was terminated (with 4 months of severance). Is this a typo or did they really notify her of termination over the phone? If she still wants to keep her job, I'd ask for an employment contract that guarantees a severance payout if she is ever terminat...
by PVW
Mon Feb 04, 2019 3:17 pm
Forum: Personal Consumer Issues
Topic: How to give notice to unresponsive landlord without his address?
Replies: 47
Views: 3151

Re: How to give notice to unresponsive landlord without his address?

"The county tax assessment site lists the rental property address as the owner's mailing address." I'm trying to figure out how that works. Either the landlord checks the mailbox or the tenants just hold onto the mail and hand it over when the landlord asks for it. The landlord could be doing this ...
by PVW
Mon Feb 04, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: How to give notice to unresponsive landlord without his address?
Replies: 47
Views: 3151

Re: How to give notice to unresponsive landlord without his address?

The email is probably sufficient notice. She can also mail a letter to the landlord using the rental address - the landlord cannot legally retrieve it from the tenant's mailbox (and should not be retrieving any other mail either), but she can hold it and then text him that she is holding mail addres...
by PVW
Tue Jan 29, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 4065

Re: Opinions on Computational Engineering Undergraduate Major

in a nutshell it's an AE/ME degree pretending to be something else... It's not pretending to be something else. As it says, it's an AE/ME degree with focus on computational methods to solve AE/ME problems. Focusing on this is as legitimate as focusing on any other area of engineering. Just because ...
by PVW
Mon Jan 28, 2019 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 4065

Re: Opinions on Computational Engineering Undergraduate Major

This is my field and this program would have been an excellent undergraduate education for me. I looked at the curriculum and it's exactly what it claims - an aerospace engineering degree with specialization in computational methods. The curriculum contains many of the fundamental 2nd and 3rd year e...
by PVW
Sat Jan 26, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: small town
Replies: 47
Views: 4128

Re: small town

I grew up in an isolated small town. I know how talk gets around. If you're uncomfortable about being seen as unfaithful to local business, then you'll have to fight fire with fire. Luckily, EJ makes it easy. Tell anyone that'll listen that EJ is taking more than a third of your retirement income. ...