Search found 251 matches

by catchup
Sun Aug 05, 2012 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: asset protection
Replies: 12
Views: 1658

Re: asset protection

Also,
I hold the majority of assets, with retirement accounts.
this will equalize things.
by catchup
Sun Aug 05, 2012 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: asset protection
Replies: 12
Views: 1658

Re: asset protection

In case of divorce
Family has some financial protection.
Personal assets is the least of concerns.
by catchup
Sun Aug 05, 2012 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: asset protection
Replies: 12
Views: 1658

Re: asset protection

Ok, I get it. Insurance is my primary protection. 99% of us face a claim in during our career. I have not. I dont think this could be considered fraudulent, but who knows. Worst case scenario would be the unwinding of the gift, right? I'll transfer the Vanguard funds. IRa, 529, 401k is protected, ri...
by catchup
Sun Aug 05, 2012 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: asset protection
Replies: 12
Views: 1658

Re: asset protection

One issue at a time, then.
If I gift a few index funds to wifes account using vanguard form, does she or I have to pay taxes at time of gift?
Does the cost basis calculation change?
by catchup
Sun Aug 05, 2012 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: asset protection
Replies: 12
Views: 1658

asset protection

Hi,

Is it possible to transfer all of vanguard taxable funds to wife's name without adverse tax consequences? Bank accounts?
House?

What is the process?

Would the bank go for it if I am the breadwinner on the mortgage loan?

Where can I get a primer on asset protection?

Thanks.

catchup
by catchup
Wed Jul 04, 2012 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Newer Attending Physician In Need of Your Expertise!
Replies: 57
Views: 7985

Re: Newer Attending Physician In Need of Your Expertise!

You've gotten a lot of conflicting advice, it's good to hear all sides. to sum up, most agree you need to 1. have good insurance. 2. Live within your means, don't overreach on houses luxury cars, etc. 3. take advantage of at least some tax advantaged savings. 4. pay off your debt in a way that will ...
by catchup
Sun Jul 01, 2012 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Newer Attending Physician In Need of Your Expertise!
Replies: 57
Views: 7985

Re: Newer Attending Physician In Need of Your Expertise!

I like your plan. I can personally state that my mortgage payments on a 15 year for a quarter million dollar town home is about what you pay in rent, that includes tax and insurance. If you're happier renting, that's fine, but I think you have the freedom to decide, and the 100k cushion is what allo...
by catchup
Sun Jul 01, 2012 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Newer Attending Physician In Need of Your Expertise!
Replies: 57
Views: 7985

Re: Newer Attending Physician In Need of Your Expertise!

I think you are doing great. Set a plan that helps you sleep at night. Drive a safe, reliable car. I dont think you need a used toyota. Buy a sensible home if you wish. I would put down 20% if it were me to avoid a habit of leveraging. You can reduce your loans by 20k per year over 30 years or 30k o...
by catchup
Sat Jun 30, 2012 3:55 am
Forum: Personal Finance (Not Investing)
Topic: Newer Attending Physician In Need of Your Expertise!
Replies: 57
Views: 7985

Re: Newer Attending Physician In Need of Your Expertise!

Congratulations on your careers and child. I am a physician finally seeing the light at the end of the nonmortgage debt tunnel. We recently bought a modest home with mortgage payments less than previous rent. The houses I loved were 500k-1 million. We instead bought a townhome for much less that has...
by catchup
Sat Jun 16, 2012 5:07 pm
Forum: Personal Investments
Topic: Copying Swensen's portfolio in taxable account
Replies: 18
Views: 3083

Re: Copying Swensen's portfolio in taxable account

No expert but could consider
using vanguard variable annuity
Using available bond funds in 401 k as substitute for treasuries.
building positions over time with new contributions
You may be able to move roward your ideal portfolio over time.
by catchup
Sun Dec 11, 2011 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Lease new Acura MDX or buy pre-owned
Replies: 15
Views: 3588

Re: Lease new Acura MDX or buy pre-owned

Most expensive option is to lease every three years. You are constantly paying for depreciation. We leased a pilot then paid cash for the residual after 3 years. Will keep it for 10 or 15 years. Hard to imagine we are any worse off than buying it outright. It felt right in terms of monthly cash flow...
by catchup
Sun Dec 04, 2011 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners: buying home. sewer line is old. help
Replies: 24
Views: 4738

Re: Homeowners: buying home. sewer line is old. help

County
This is a helpful anecdote. My takehome is not that we should walk away but that we should have money it properly inspected and assessed for anticipated costs.
by catchup
Sun Dec 04, 2011 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners: buying home. sewer line is old. help
Replies: 24
Views: 4738

Re: Homeowners: buying home. sewer line is old. help

Ok, I think I get it. Find someone to assess and clean out our portion of sewer line prior to moving in. Will need to budget for it. We can afford to budget for replacement but can't afford not to close the deal on the house. Will look for some sort of sewer line maintenance plan. Let county worry a...
by catchup
Sun Dec 04, 2011 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners: buying home. sewer line is old. help
Replies: 24
Views: 4738

Re: Homeowners: buying home. sewer line is old. help

Thanks allan. So are there sewer line photographers for hire? What do they call themselves and how do I find one. how do we get the city to assess their part? Do plumbers do this stuff? Does it have to flood before its fixed?
by catchup
Sun Dec 04, 2011 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners: buying home. sewer line is old. help
Replies: 24
Views: 4738

Homeowners: buying home. sewer line is old. help

To all homeowners, past present, future. We are buying a home. One of the concerns mentioned in the inspection report was the main sewer line. Its old and will need to be replaced or fixed. How do we insure ourselves against a problem. Who takes care of sewer lines. City? Us? County? Plumbers? Any t...
by catchup
Sun Dec 04, 2011 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: budget 101
Replies: 20
Views: 2680

Re: budget 101

Thanks for the great suggestions. We seem to be usually in the don't need a budget category but would be better off, especially when thinking about huge cash flows like buying a house moving paying off cars saving for college paying off student loans and Montessori tuition taxes insurance... I think...
by catchup
Tue Nov 29, 2011 7:24 am
Forum: Personal Finance (Not Investing)
Topic: budget 101
Replies: 20
Views: 2680

Re: budget 101

Thanks so far. I just requested and received a 2012budget pay calendar for revenue tracking. Need to figure out what the checks will look like. Then the revenue side will be done. Haven't had to worry about small expenses. We're getting ready to buy a house so Im tossing around tens and hundreds of ...
by catchup
Tue Nov 29, 2011 6:26 am
Forum: Personal Finance (Not Investing)
Topic: budget 101
Replies: 20
Views: 2680

budget 101

Thanks to bogleheads I have over the last few years become comfortable with managing assets and investments. I'm lousy with managing a budget. We have money flying in all directions. Any ideas for favorite software, books, kiwis, posts to help . Thanks in advance.

Catchup
by catchup
Sun Nov 06, 2011 3:05 pm
Forum: Personal Consumer Issues
Topic: How Do You Deal with Status Anxiety?
Replies: 95
Views: 10425

Re: How Do You Deal with Status Anxiety?

I remind myself that I am the luckiest father in the whole world-- the only person who is the father of my two wonderful children. That's all the status I desire.
by catchup
Tue Oct 25, 2011 11:10 am
Forum: Investing - Theory, News & General
Topic: Are You Bogleing?
Replies: 24
Views: 2151

Re: Are You Bogleing?

I was never allowed to use words like this when I was growing up.
by catchup
Sun Sep 18, 2011 12:12 am
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Alex, Mudpuppy, Robg, sscritic,

thanks for your input.
too late to respond specifically, but I appreciate all of your thoughts.


We'll weather this one.
by catchup
Sat Sep 17, 2011 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Nolo, Looks like earliest they could ask us to leave is Nov. 15, if the give notice prior to Oct. 15 in writing. They owe us about 10 days or so due to the fiasco moving in. Security deposit would buy another month, bringing us to Jan. 1, or I could use it for the rent for Oct. 15-Nov.15. I think I ...
by catchup
Sat Sep 17, 2011 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Nolo, The owner's agent wanted us to pay rent starting the first of the month, though we couldn't move until the end of the month. We compromised and started paying rent as of the fifteenth. The lease said rent is due on the first of the month, so I scheduled the payments to be automatically mailed ...
by catchup
Sat Sep 17, 2011 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Ncounty,

thanks for the opinions.
We agree, not much security at the moment, even if he let us stay for a while.

Thanks.
by catchup
Sat Sep 17, 2011 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

sscritic,
The extra 500 a month is a good idea. May bring it up if he calls me and we aren't getting close to lining something up.
by catchup
Sat Sep 17, 2011 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Rob G, thanks. The realtor wants the house empty. He says if we are willing to show the place while we are living there, we might have more time. Honestly, with two kids and my schedule, we can't reasonably keep the place show-ready. Other alternatives ore foreclosure or short sale for them, they've...
by catchup
Sat Sep 17, 2011 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Alex,
We're in Marlyland.

I was wondering if verbal assurances were worth anything,


I believe we were misled.
He knew something was going on with the bank, and strung us along. In part he didn't want to call us to let us know things had changed for them, in part because he was too ashamed.
by catchup
Sat Sep 17, 2011 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

Livesoft,

We considered buying, it is out of our price range and would be too far leveraged for our own good.

Point taken, though, when you dont own, you're at the mercy of others.
by catchup
Sat Sep 17, 2011 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

SS critic, Thanks for your response. I checked the lease, Lease ends at end of rental month, provided 30 days notice is given. So I think this means he could end the lease as of November 15 if written notice is given at least 30 days prior. He hasn't given us written notice yet. I'm supposed to get ...
by catchup
Sat Sep 17, 2011 8:45 am
Forum: Personal Finance (Not Investing)
Topic: landlord bait and switch. need help.
Replies: 24
Views: 3792

landlord bait and switch. need help.

We are currently renting a home. Our original lease was one year, converting to month to month as of 7/15. Problem is landlord had told us for months that we could extend the lease one year and would send us the lease. Just after my son started kindergarten, and after several nearby town homes (alte...
by catchup
Mon Aug 08, 2011 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: BBC: Antimatter belt discovered around Earth (not a joke)
Replies: 12
Views: 1952

How would you explain to a five year old what antimatter is?
by catchup
Sun Jul 24, 2011 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: full faith and credit of the United States?
Replies: 23
Views: 3433

By safe, I mean what David Swensen would has considered safe. IN other words, without getting into a political discussion, does the fact that the US is flirting with default change the way a Boglehead should structure their asset allocation, if 15% is in intermediate term treasuries vanguard fund, 1...
by catchup
Sun Jul 24, 2011 10:10 am
Forum: Personal Finance (Not Investing)
Topic: full faith and credit of the United States?
Replies: 23
Views: 3433

full faith and credit of the United States?

As of today, are US treasuries backed by the full faith and credit of th United States of America still the safest investments outside of cash or cash equivalents?
by catchup
Sun Oct 31, 2010 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: College 529's Plans - Which is better?
Replies: 21
Views: 6427

Do Utah and Ohio have tips and reits options like va. Why did you not choose va?
by catchup
Sun Oct 31, 2010 7:00 pm
Forum: Personal Investments
Topic: 529 juggling, need advice
Replies: 1
Views: 667

529 juggling, need advice

I am considering transfer of my 529's to VA. Would like roughly 30% tam 25% total international 15% reits 15% Tips and 15% total bond. This approximates my own swensen like portfolio. Children are 4 1/2 and 1 1/2 years old. Baby has about 26 k in wv dfa funds. 70% all equity 30% fixed income. Son ha...
by catchup
Mon Sep 06, 2010 2:36 pm
Forum: Investing - Theory, News & General
Topic: What car is the best value in a used mid size car?
Replies: 47
Views: 7346

Just bought a Subaru Legacy 3.6 R and I'm very happy with the choice. Best value for me was defined as the safest non luxury brand 6 cylinder all wheel drive car with a backup camera that did not pose visibility or carseat compatibility issues and that my wife was willing to drive and that we could ...
by catchup
Sat Sep 04, 2010 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: WaPo: Teaching kids how to manage money
Replies: 6
Views: 1491

Any tips for teaching preschoolers? I have a 4 1/2 year old son and a 16 month old daughter.
by catchup
Fri Aug 20, 2010 6:10 am
Forum: Personal Investments
Topic: financial advisor
Replies: 13
Views: 2299

Paul is right on the money.
by catchup
Thu Aug 19, 2010 9:26 pm
Forum: Personal Investments
Topic: financial advisor
Replies: 13
Views: 2299

financial advisor

A colleague is looking for a financial advisor. I was getting ready to dissuade him when he explained he was responsible for a benefit plan and therefore needed a third party to ensure professionalism while running the plan. Is it possible to avoid huge fees?
by catchup
Wed Jul 21, 2010 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Legal Insurance
Replies: 19
Views: 11534

Dave,

Why do you think they are a ripoff? What is the most Boglehead way to set up a will that says everything goes to the spouse unless we both die, in which case everything goes to my brother, including the kids.

sew
by catchup
Wed Jul 21, 2010 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Legal Insurance
Replies: 19
Views: 11534

Thanks for the comments. I'm thinking that it will pay for itself as well, if the only time we use it is to have a will drawn up. It would also be nice to have someone to cc if I'm sending someone a letter about a disputed charge or something of that nature.
by catchup
Wed Jul 21, 2010 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Legal Insurance
Replies: 19
Views: 11534

Legal Insurance

I have an opportunity to subscribe to a plan for "legal resources" 18 bucks a month, 20 dollar enrollment fee. Benefits include legal counsel and advice for "all covered benefits, traffic court representation, will preparation, credit/warranty disputes, financial contract or lease review, tenant dis...
by catchup
Tue Jul 13, 2010 5:03 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

Thanks all.
Very helpful input.
by catchup
Mon Jul 12, 2010 5:22 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Game - Any thoughts
Replies: 35
Views: 6808

I agree with Mark 500. It could be give kids the wrong lesson, but as a fun and engaging portion of a personal finance class that also indludes lessons on budgeting and personal finance, The Second Grader Portfolio, or a few age-appropriate boglehead books, it could be a great tool to keep people in...
by catchup
Mon Jul 12, 2010 5:06 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

dbr, I have tried to think in terms of my risky portfolio 70/30 Swensen-style portfolio, and my non-risky portfolio -- that which I will need within 2 years. I could just throw it in with the rest of my portfolio and hope for the best, but in reality, this would be taking the risk that 75 k could dr...
by catchup
Mon Jul 12, 2010 3:52 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

dbr, You make some good points. Your reading of the dominant sentiment (combined sentiment of wife and myself) is correct. Wife likes cash under mattress for reason you mentioned, but fortunately she has me to explore other options! Do you agree that Ally CD may be the best way to go. It seems from ...
by catchup
Sun Jul 11, 2010 8:40 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

I like the idea of considering diversification with respect to this particular money.

I wouldn't be too happy about a 3k loss if we were truly needing to pull together money in a hurry.

Thanks
by catchup
Sun Jul 11, 2010 8:36 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

tc101,

Thanks, that's a great idea. So at 3 months, I'm at break even, even if I need it in 3 months and 1 day.

Why would I or anyone for that matter consider a tax-exempt bond fund that's paying .75 yield right now. Someone play devils advocate here.

This is the kind of advice I'm looking for.
by catchup
Sun Jul 11, 2010 8:33 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

Good point. I'm not going to do a portfolio review, although that may be coming in a few months. We are somewhere in between those two scenarios. We have 75 k in cash right now (excluding the 75k I am discussing), and it fluctuates wildly. (paying 19k on a car in Oct., 25 k in income over next 4 wks...
by catchup
Sun Jul 11, 2010 8:05 pm
Forum: Personal Investments
Topic: Where to park 75k for unknown duration?
Replies: 20
Views: 3960

CD would be a good option if I knew exactly when I may need it. What is the worst case scenario for short term tax exempt? Could I lose 20% quickly, a few hundred dollars at most over the course of the year? How does this compare to short-term us treasuries in terms of risk. How does it compare to s...