Search found 149 matches

by max12377
Tue Jul 09, 2013 7:24 am
Forum: Personal Consumer Issues
Topic: Reducing water flow to sump pump
Replies: 31
Views: 11212

Re: Reducing water flow to sump pump

I live in a cold weather climate. I really appreciate all the responses. It has been quite informative. I do know my "bubbler" system comes with a 20 year transferable warranty, so I assume that if the pipes do freeze I would call them up. I will be sure to ask about it though. I can't wait until th...
by max12377
Sat Jul 06, 2013 11:24 am
Forum: Personal Consumer Issues
Topic: Reducing water flow to sump pump
Replies: 31
Views: 11212

Re: Reducing water flow to sump pump

Mine is going to cost ~ $1500. They (the plumber) are taking the sump pipe out to the town's storm water system. I believe they are going to have to go below the sidewalk to get it there. Prob cost more for each of the the downspouts I want to add to the system. I assume they have to get a permit of...
by max12377
Fri Jul 05, 2013 2:58 pm
Forum: Personal Consumer Issues
Topic: Reducing water flow to sump pump
Replies: 31
Views: 11212

Re: Reducing water flow to sump pump

Hope everyone had a good 4th. Yes the picture of the bubbler system is what I'm getting installed. It is illegal where i live to dump the water to the sewer system. I know some folks do it anyways but I'd rather play by the rules :D . The bubbler line is fairly shallow. I'm guessing 2 or 3 feet ? I ...
by max12377
Fri Jul 05, 2013 2:19 pm
Forum: Personal Investments
Topic: Foreign stocks as a % of your stock asset allocation
Replies: 61
Views: 9750

Re: Foreign stocks as a % of your stock asset allocation

I went from 17% to 20 % so the Vanguard portfolio watch would stop squawking at me to be between 20 & 40 !
by max12377
Thu Jul 04, 2013 6:37 am
Forum: Personal Consumer Issues
Topic: Reducing water flow to sump pump
Replies: 31
Views: 11212

Reducing water flow to sump pump

Hello Bogleheads- Looking for some advice. On a heavy rain a lot of water flows to my sump pump. I want to reduce the amount of water that gets to the sump so I am looking at the following: 1. Bubbler System - this will pipe the water out to the town's water main at the street. Right now the water f...
by max12377
Mon Jul 01, 2013 6:31 am
Forum: Personal Investments
Topic: Is "now" a good time to start investing?
Replies: 23
Views: 2213

Re: Is "now" a good time to start investing?

As I learn more about investing, it truly does become more about holding on for the ride - aka "time ' in ' the market". Although a simplistic analogy, it really is like riding a roller coaster. Some folks with incredible grip strength can manage 100 % stocks as they can "hold on" and not fall out o...
by max12377
Tue Jun 25, 2013 5:44 am
Forum: Forum Issues and Administration
Topic: Bogleheads Without Avatars
Replies: 197
Views: 22027

Re: Bogleheads Without Avatars

I tried to come up with an avatar that accurately reflects investing in these times.. :sharebeer
by max12377
Mon May 13, 2013 10:35 am
Forum: Personal Investments
Topic: Cash versus bonds-Why not?
Replies: 54
Views: 8271

Re: Cash versus bonds-Why not?

I often wonder if, as soon as the bond yield increases and the NAV drops accordingly, folks would rush to buy something with a decent yield thus increasing the NAV. But I know there's got to be more to it.
by max12377
Mon Apr 29, 2013 3:51 pm
Forum: Personal Investments
Topic: Hold Mortgage Payoff Money in Stable Value Fund?
Replies: 7
Views: 644

Re: Hold Mortgage Payoff Money in Stable Value Fund?

Thanks. Yes, I kind of blew it when I got the mortgage. I just closed last Nov & could have done much better. I just can't seem to convince myself to pay off the mortgage. By holding the $$ in the Stable Value Fund (I verified 3.5 % is in effect until mid 2014) I'm not going to far out on the risk c...
by max12377
Mon Apr 29, 2013 2:40 pm
Forum: Personal Investments
Topic: Hold Mortgage Payoff Money in Stable Value Fund?
Replies: 7
Views: 644

Re: Hold Mortgage Payoff Money in Stable Value Fund?

Thanks for the reply.. I should have put a link to the wiki in my post: http://www.bogleheads.org/wiki/Placing_Cash_Needs_in_a_Tax-Advantaged_Account So, if I did need the cash from my 401K stable value fund, I would do a swap...sell stocks in taxable and buy them back (or the equivalent to avoid wa...
by max12377
Mon Apr 29, 2013 2:05 pm
Forum: Personal Investments
Topic: Hold Mortgage Payoff Money in Stable Value Fund?
Replies: 7
Views: 644

Hold Mortgage Payoff Money in Stable Value Fund?

Let's say one has a 4% $100K 30 year mortgage. The person has $200K in taxable investments, $100K in stocks & $100K split between Inter/Short Muni's. The person has access to a Stable Value Fund with a 3.5% rate in their 401K. Using the theory of "holding Cash needs in your 401k" (as described in th...
by max12377
Tue Apr 23, 2013 8:51 am
Forum: Investing - Theory, News & General
Topic: Timing the Market - Futility & My Recent Experience
Replies: 16
Views: 1626

Re: Timing the Market - Futility & My Recent Experience

Good point.. I used to sit there and watch the itty bitty gyrations so I could get in at 'just the right time'. It cost me way more in terms of time than $$. Not worth it. Pick an AA and go play golf. Then come back once or twice a year to re-balance if you want to. From what I've learned, the Bogle...
by max12377
Wed Dec 12, 2012 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Please help me celebrate [Mortgage to be Paid Off]
Replies: 48
Views: 4347

Re: Please help me celebrate [Mortgage to be Paid Off]

Congratulations! I've been pondering this decision as well... and I haven't yet made my second mortgage payment. I have the $$ to pay it off but I find myself holding the money in Muni's. I think if I had no mortgage I might be more aggressive with my investing. The urge to wipe out all debt is stro...
by max12377
Fri Aug 03, 2012 5:03 pm
Forum: Personal Consumer Issues
Topic: No (Financial) Good Deed Goes Unpunished stories
Replies: 41
Views: 5176

Re: No (Financial) Good Deed Goes Unpunished stories

This is about a good deed that could have been punished.. I went with my friend to a local gas station to buy lottery tickets. He was in line in front of me. All of a sudden he turn around and asks if I can lend him a dollar as he was short. I did so without thinking about it and proceeded to order ...
by max12377
Wed Jul 04, 2012 10:49 am
Forum: Personal Investments
Topic: Taxable investing is a pain in the..
Replies: 28
Views: 3569

Re: Taxable investing is a pain in the..

Thanks livesoft for confirming what I was thinking.
by max12377
Wed Jul 04, 2012 10:37 am
Forum: Personal Investments
Topic: Taxable investing is a pain in the..
Replies: 28
Views: 3569

Re: Taxable investing is a pain in the..

Well, I've just about completed my move to mutual funds. So far so good, but I did have one bump in the road. Here's what it was: I sold ETF shares that were part of a conversion (from mutual fund to ETF) a while back. For some reason, the sale caused a bizarre consequence showing that I had purchas...
by max12377
Sat Jun 09, 2012 11:21 am
Forum: Personal Investments
Topic: Highway robbery in 401k
Replies: 48
Views: 7970

Re: Highway robbery in 401k

Agreed. Understood that the plan must be paid for. I think there is a law coming our way that requires employers to disclose more transparently the costs to participants. That will place the proverbial cards on the table. I promise not to beat up my employer too bad. :-). Certainly my plan is not as...
by max12377
Sat Jun 09, 2012 9:29 am
Forum: Personal Investments
Topic: Highway robbery in 401k
Replies: 48
Views: 7970

Re: Highway robbery in 401k

John- I don't disagree that in the world of 1% plus expense ratio's, .31 seems to be pretty darn good. My point was - why should I have to pay what ultimately amounts to $50K extra for a fund when I don't have to? Someone is pocketing that $50K and it aint me! Look at it this way. You and I pick the...
by max12377
Sat Jun 09, 2012 8:27 am
Forum: Personal Investments
Topic: Highway robbery in 401k
Replies: 48
Views: 7970

Re: Highway robbery in 401k

I'd like to add an example that I am dealing with. It is not as dire at yours but illustrates how even small differences really do add up and rob us, the investor. It surprises me that there is not an outright revolt. My example is as follows: a.) I have 1 S&P 500 fund in my 403b - BTIEX - expense r...
by max12377
Sat Jun 09, 2012 7:46 am
Forum: Personal Investments
Topic: ETFs or Mutual Funds: A Review and Analysis
Replies: 35
Views: 3921

Re: ETFs or Mutual Funds: A Review and Analysis

Livesoft - Happy to give back a little to the forum and share my experiences. It's the least I can do as I have learned so much from you folks. Back before Vanguard offered free trades on their ETF's I took your advice and opened up a Wells Fargo account. It's clear to me that there are lots of folk...
by max12377
Fri Jun 08, 2012 4:49 pm
Forum: Personal Investments
Topic: ETFs or Mutual Funds: A Review and Analysis
Replies: 35
Views: 3921

Re: ETFs or Mutual Funds: A Review and Analysis

Interesting discussion. I have been using ETF's for a little while now and I am in the process of reverting to Vanguard Mutual Funds. I am one of those unfortunate few who get mesmerized during the process of making a daytime trade. For example, if the trend is downward, why not wait it out so you c...
by max12377
Thu May 17, 2012 1:41 pm
Forum: Personal Investments
Topic: Taxable investing is a pain in the..
Replies: 28
Views: 3569

Taxable investing is a pain in the..

well, at least the way I've been doing it.. I've been buying Vanguard ETF's in little chunks and now I have a plethora of tax lots. I'm wondering if I should sell it all and start over. I'm at about even in my taxable account - no substantial losses or gains. My thought is to sell it all then buy VT...
by max12377
Tue Feb 28, 2012 3:07 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1509548

Re: What Book Are You Currently Reading? Part V

The Second World War, Volume 1: The Gathering Storm by Winston Churchill A Random Walk Down Wall Street (latest edition) True and False: Heresy and Common Sense for the Actor 11/22/63 by Stephen King I am one of those readers that likes to bounce back and forth. I'm really enjoying the Churchill boo...
by max12377
Thu Feb 09, 2012 3:02 pm
Forum: Personal Investments
Topic: Rebalancing scenario
Replies: 3
Views: 260

Re: Rebalancing scenario

Many thanks Taylor. Very much appreciated. :sharebeer
by max12377
Thu Feb 09, 2012 2:53 pm
Forum: Personal Investments
Topic: Rebalancing scenario
Replies: 3
Views: 260

Rebalancing scenario

Hello- I am planning to re-balance by adding bonds in my 403b. Since I can't directly buy them other than through small increments via my monthly paycheck, I was planning the following scenario. Note that I own an S&P 500 fund in both my 403b (BTIEX) and in my taxable account (VFINX). 1.) Sell BTIEX...
by max12377
Mon Jan 02, 2012 3:09 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2012 BOGLEHEAD CONTEST
Replies: 408
Views: 24072

Re: REGISTRATION FOR 2012 BOGLEHEAD CONTEST

1400.01 added the .01 for the win!
by max12377
Fri Apr 22, 2011 9:16 am
Forum: Personal Investments
Topic: Wells Fargo FlimFlam
Replies: 29
Views: 8240

Wells Fargo FlimFlam

It's been very frustrating closing my accounts at Wells Fargo. First off, I ran into issues closing my Brokerage account. Wells Fargo corrected the problem, so kudos for that. I will state that their customer service people are some of the nicest around, so I will also compliment them on that. With ...
by max12377
Mon Sep 06, 2010 9:04 am
Forum: Personal Consumer Issues
Topic: What kind of bicycle to purchase?
Replies: 131
Views: 17869

I have to also recommend you check out a Townie. I was all ready to grab a hybrid but changed my mind at the last minute. Glad I did. I ride for comfort and exercise, not necessarily for speed. :lol:
by max12377
Mon Apr 19, 2010 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: The race is on! [buying a house before tax credit expires]
Replies: 45
Views: 7402

I qualify for the 8K tax credit and will not buy until it expires. In my market, the credit has caused a feeding frenzy. I really think a lot of homes are still overpriced due to the low interest rates and the tax credit. After talking to a few Realtors, they state that a lot of folks have nothing t...
by max12377
Mon Feb 22, 2010 6:37 pm
Forum: Personal Investments
Topic: When is it time to add a taxable account to your portfolio?
Replies: 18
Views: 3193

Is it better to use your extra $$ to do a Roth Conversion or drop those $$'s into taxable investing?

Which one should be the priority?

Assume a 25% tax bracket. I'm conflicted.
by max12377
Sun Nov 08, 2009 9:29 am
Forum: Investing - Theory, News & General
Topic: So what happens after everyone has sub 5% mortgages???
Replies: 17
Views: 3527

I would argue that keeping rates this low is only delaying the inevitable final pop of the bubble. What happens when rates rise and tax credits expire? All of a sudden a lot less people can 'afford' homes or will be out looking. Less demand means prices must adjust - lower. So all those folks runnin...
by max12377
Tue Oct 13, 2009 1:20 pm
Forum: Personal Investments
Topic: WellsTrade / WellsFargo
Replies: 50
Views: 7792

I recently opened a Wells Fargo Brokerage Account (setting up the PMA Package). The process was fairly straightforward. Being in an area that doesn't have any Wells Fargo branches, I was a little apprehensive about doing so. That being said, I have made at least 3 or so calls to Wells Fargo to ask q...
by max12377
Wed Sep 23, 2009 10:42 am
Forum: Personal Investments
Topic: Anyone else come out of the crisis with too much cash?
Replies: 23
Views: 3582

I've got a pile of cash, but for a different reason. Been looking for a house for a while. In my market, housing seems overvalued now, as we are in an area of the country that, originally, never had a huge run up. However, that being said, we recently began experiencing a bit of a run up, due to the...
by max12377
Sun Sep 06, 2009 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: New Portfolio X-Ray Tool;
Replies: 10
Views: 2511

It looks to me like any manually entered cash holdings are not being accounted for in the percentages. I removed my cash entries and everything now adds to 100% under the net % column in the Asset Allocation section on the portfolio X-ray tab. So, if your total adds up to 75% my guess is the other 2...
by max12377
Tue Jul 21, 2009 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Improper card swiping causes fraud alert?
Replies: 4
Views: 2359

I recently took a road trip to Canada from the States & my card stopped working at a gas station even before I got into Canada. When I called them, the Citi people told me to let them know, in advance, when I was going on vacation. Funny, I've never had to call my Credit Card Company before to tell ...
by max12377
Fri Apr 24, 2009 3:02 am
Forum: Personal Consumer Issues
Topic: Shocking moment from Britain's Got Talent
Replies: 88
Views: 17367

Susan Boyle and William Hung have a lot in common. They are not your typical snotty kid that is all too common on shows of this genre. Unfortunately, these people tend to become a circus act for Americas amusement. Sad. I find my heroes in my own everyday life. America seems desperate for an 'idol'....
by max12377
Thu Mar 19, 2009 9:24 am
Forum: Investing - Theory, News & General
Topic: TIPS up Huge -- real rates down dramatically
Replies: 22
Views: 5096

"But what happens when rates eventually go higher in the next couple of years? " Exactly. Aren't we just postponing the real problem? Housing is still overvalued in relation to average income in many parts of the country. People are over-leveraged. The rate reduction is, in my opinion, perhaps good ...
by max12377
Fri Mar 06, 2009 4:52 pm
Forum: Investing - Theory, News & General
Topic: Lessons Learned in a Market Downturn
Replies: 42
Views: 6578

I always knew individual stocks could fall 50+%, having learned my lesson from the tech meltdown. I moved into mutual funds thinking they wouldn't be as volatile. Then came the latest smackdown. Wow. :shock: I am also learning that even cash is not safe if the government decides to print it in drove...
by max12377
Fri Feb 27, 2009 10:26 am
Forum: Investing - Theory, News & General
Topic: Anyone else hoping the market stays as is?
Replies: 53
Views: 7587

I can understand the feeling that as a younger person, it's great to be buying on a dip. My concern, however, would be the big tax bill coming down the road. I expect we're going to have to pay the piper at some point, so much of the gains may be offset by higher taxes when the economy recovers. I'm...
by max12377
Fri Feb 20, 2009 12:59 pm
Forum: Personal Investments
Topic: Traders Revolt on the Home Mortgage Bailout!
Replies: 67
Views: 10965

So, let's see.. what if the housing market kept going up? Would those folks who are now in distress have been turning their profits into the government? No? IMHO the government is DELAYING the recovery by subsidizing homewowners. I am a buyer who has been sitting on the sidelines for quite some time...
by max12377
Wed Feb 18, 2009 9:40 am
Forum: Personal Investments
Topic: Anyone dollar cost averaging in this market?
Replies: 59
Views: 10360

I keep dumping 20% of my paycheck into the S&P 500 every 2 weeks just to try and keep up with the bleeding in my portfolio. I sometimes wonder if I'm throwing good money after bad because there really isn't much good news out there. I read this board daily to keep me sane.
by max12377
Wed Jan 07, 2009 3:50 pm
Forum: Investing - Theory, News & General
Topic: Rollover of IRA to Roth - Tax question ?
Replies: 22
Views: 3914

You may want to look into submitting an estimated tax to the IRS if you are in danger of a penalty. If your total taxes due after deducting any withholding are greater than $1000, I think you could be penalized if you wait until April 15. As I understand it, if you send them a check postmarked befor...
by max12377
Mon Dec 01, 2008 10:33 am
Forum: Personal Consumer Issues
Topic: What is the ultimate Boglehead's new car?
Replies: 181
Views: 43509

I must be a minority Boglehead because I bought a GM car! I basically threw caution to the wind and went against the Consumer Reports Toyota recommendations. I own a Saturn Vue, paid for in cash in true Boglehead fashion. So far so good. Of course, my father worked for GM for 35 years, so I admit th...
by max12377
Fri Oct 24, 2008 8:21 am
Forum: Investing - Theory, News & General
Topic: It appears it's not so easy to be a Boglehead
Replies: 117
Views: 21792

I'm staying the course at 42 yrs old. Will rebalance to 70/30 at some point later on.

Hmm... Didn't the Titanic stay the course?

Maybe we can form the Boglehead band for those brave diehards that remain and play 'Nearer, My God to Thee' as we slowly descend into the morass..

:shock:
by max12377
Sat Oct 18, 2008 5:10 pm
Forum: Personal Consumer Issues
Topic: What was your schooling after H.S.?
Replies: 204
Views: 45339

Masters In Electrical Engineering
M.B.A.

Currently working in IS

Part time actor

Best class in college was an English class.

Some day I plan to figure it all out.. :roll:
by max12377
Thu Oct 09, 2008 3:47 pm
Forum: Personal Investments
Topic: Is it dumb to stay the course?
Replies: 16
Views: 4221

I wonder myself..

but I'm staying put.. and have lost a bunch (on paper) like the rest.. today was a real stinger.. time to take a vacation! but I have a question on Asset Allocation.. At age 42, in my Retirement accounts, I'm 66% Equities 34% Bonds/Pension (I include my very small Pension fund as a 'safe' investment...
by max12377
Fri Sep 12, 2008 3:47 pm
Forum: Investing - Theory, News & General
Topic: 401-K class action suits coming starting December
Replies: 12
Views: 2674

Thanks Dan. I never imagined being in a 403b would save me from paying the front-end load on a fund. I suppose it's because I don't recall ever seeing that in any of the books I've read. The prospectus does list the load. I'm still looking around to find out where in my 403b plan it states it is act...
by max12377
Fri Sep 12, 2008 10:52 am
Forum: Investing - Theory, News & General
Topic: 401-K class action suits coming starting December
Replies: 12
Views: 2674

I recently visited my 403b plan administrator (I work at a Hospital). Like most 403b's, mine is pretty poor. I asked her about the high expense ratio, 5.75 % front-end load funds that constituted the majority of the offerings. She said the loads for the front-end load funds were waived by my plan! I...