Search found 6133 matches

by mptfan
Tue Sep 01, 2020 2:42 pm
Forum: Personal Investments
Topic: Husband doesn’t want to follow my investment plan
Replies: 47
Views: 4914

Re: Husband doesn’t want to follow my investment plan

Is this joint money, as opposed to pre-marital investments owned by one of you before the marriage? What type of account is it, a regular savings account? A retirement account? How much money are we talking about? What percentage does it represent of your combined portfolio? When will you need this ...
by mptfan
Mon Aug 31, 2020 2:18 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28360

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

This dude came here asking for help making the case; I think it's weird that the response to him is "butt out" rather than helping him make the case when literally the entire basis of Bogleheads is making the case that the dad's position is unreasonably risky even when it happens to have made money...
by mptfan
Mon Aug 31, 2020 1:16 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28360

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

sjl333 wrote: Mon Aug 31, 2020 1:13 pm Can anybody provide some advice on what I should tell him to convince him otherwise ?
My advice is to mind your own business. Unless he asks for your advice (and it does not sound like he did) you should not offer it.

I wish I had bought Tesla years ago.
by mptfan
Mon Aug 31, 2020 9:11 am
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2334

Re: SEC 30 day yield vs Distribution yield

The SEC Yield is an indicator of what you may or might receive as a distribution some time in the future.. not necessarily sooner than later either. The present SEC on VWIUX is 1.00%, last month the distribution was 2.39% tax-exempt. Personally, I evaluate on what I'm going to receive for my money,...
by mptfan
Mon Aug 31, 2020 7:47 am
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2334

Re: SEC 30 day yield vs Distribution yield

Over time, the bond prices are pulled toward par (100) as the bonds approach maturity, which contributes to a decline in NAV over time. I agree that is true, and I think it's very perceptive, but I've had a hard time finding data or research to support that conclusion in the context of bond funds ....
by mptfan
Thu Aug 27, 2020 4:01 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

The features that are most important to me are ... <snip> the ability to use two factor authentication using physical U2F security keys and not being limited to only using a specific model of security key made by Yubikey (yes I'm looking at you Lastpass), Don't know if it's already mentioned or how...
by mptfan
Tue Aug 25, 2020 5:48 pm
Forum: Personal Investments
Topic: As a 30 year old with extremely high risk tolerance should I even be holding bonds any more or should I go 100% stock?
Replies: 166
Views: 11917

Re: As a 30 year old with extremely high risk tolerance should I even be holding bonds any more or should I go 100% stoc

But now I have been reading that some people say bonds are horrible investments these days because of the unique economic situation the world is now in. Is this true? No, it's not true. Where did you read that bonds are horrible investments? There is nothing unique about this economic situation exc...
by mptfan
Tue Aug 25, 2020 4:27 pm
Forum: Personal Investments
Topic: Wealth Management groups -- why used if don't make financial sense
Replies: 24
Views: 1558

Re: Wealth Management groups -- why used if don't make financial sense

senex wrote: Tue Aug 25, 2020 12:54 pm 1) Some people have no interest
I would go so far to say that most people have no interest. Bogleheads represent a very tiny minority.
by mptfan
Tue Aug 25, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: The death of nominal bonds? All Weather without bonds?
Replies: 119
Views: 8084

Re: The death of nominal bonds? All Weather without bonds?

I respectfully disagree that the article is not about stocks. I just read it, and it clearly talks about stocks throughout the article and refers to the decline of the average person investing in stocks.... The problem is not merely that there are 7 million fewer shareholders than there were in 1970...
by mptfan
Mon Aug 24, 2020 5:58 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

If the password safe can return the passwords to you or to an application in cleartext form, then the passwords can be compromised if the password safe is compromised. I used to think that too, but that's just not true. If you define compromise of the passwords as retrieval of them in cleartext for...
by mptfan
Mon Aug 24, 2020 5:35 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

With regards to the printing a boarding pass using a hotel computer: I've literally never done this in my entire life, and cannot for the life of me figure out why this would be desirable. Either use the mobile boarding pass on your phone/watch, or print it at the kiosk at the airport. Takes 15 sec...
by mptfan
Mon Aug 24, 2020 5:29 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

brad.clarkston wrote: Mon Aug 24, 2020 5:27 pm It's not, the system most banks use is the same one BitWarden and LastPass uses.
He asked about banks and internet forums.
by mptfan
Mon Aug 24, 2020 5:27 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

brad.clarkston wrote: Mon Aug 24, 2020 5:26 pm I don't, there's no reason to keep a weak e-mail password anymore.
My email password is not weak.
by mptfan
Mon Aug 24, 2020 5:25 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

Northern Flicker wrote: Mon Aug 24, 2020 5:24 pm If the password safe can return the passwords to you or to an application in cleartext form, then the passwords can be compromised if the password safe is compromised.
I used to think that too, but that's just not true.
by mptfan
Mon Aug 24, 2020 5:23 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

How different is that from what your bank or even internet forum uses? I am not an expert in the area of computer cryptography, so I'm not qualified to answer that, but based on the research I've done I am confident that the level of security is indeed different and Keeper's business model is built...
by mptfan
Mon Aug 24, 2020 5:14 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

and no one worries about a corrupt password vault ? All reputable password managers use a "zero knowledge" protocol for storing passwords which means that even if the vault is compromised, your passwords are not revealed, only long random hashes that are essentially useless, and the password manage...
by mptfan
Mon Aug 24, 2020 4:20 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

You should know what your email password is. I don't use a password manager for my email. I agree. I only keep two passwords in my head...one for email and one for the password manager. The current best practice for creating a strong password is to use a passphrase instead of a password... https://...
by mptfan
Mon Aug 24, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: The death of nominal bonds? All Weather without bonds?
Replies: 119
Views: 8084

Re: The death of nominal bonds? All Weather without bonds?

This reminds me of the famous "Death of Equities" headline in BusinessWeek in 1979.

https://www.bloomberg.com/news/articles ... resurgence.
by mptfan
Mon Aug 24, 2020 11:33 am
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3696

Re: Question about Password Managers

I know some password managers (LastPass for instance) are accessible in the cloud. (And some Bogleheads won't stand for that). KeePass, on the other hand, is only local. So if I am on someone else's device, I am out of luck, correct? What is the best solution for this concern? My advice is to choos...
by mptfan
Sun Aug 23, 2020 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: how often do you check your net worth?
Replies: 153
Views: 9838

Re: how often do you check your net worth?

k b wrote: Sun Aug 23, 2020 3:47 pm 1. Check asset allocation
2. Consolidate where necessary
3. Check MF fees to be sure
4. Check for nominations, just to be sure
5. Etc.
What is Etc.?
by mptfan
Sun Aug 23, 2020 9:29 am
Forum: Personal Investments
Topic: Am I being too conservative?
Replies: 19
Views: 2109

Re: Am I being too conservative?

I don't think a 10% bond allocation is very conservative. I agree, I think 90% stocks is the opposite of conservative, it is a very aggressive asset allocation. Just to be explicit: at age 30, an aggressive allocation is almost surely the right choice. I didn't offer an opinion about whether it is ...
by mptfan
Sat Aug 22, 2020 11:44 pm
Forum: Personal Investments
Topic: Am I being too conservative?
Replies: 19
Views: 2109

Re: Am I being too conservative?

Dominic wrote: Sat Aug 22, 2020 11:26 pm I don't think a 10% bond allocation is very conservative.
I agree, I think 90% stocks is the opposite of conservative, it is a very aggressive asset allocation.
by mptfan
Thu Aug 20, 2020 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: how often do you check your net worth?
Replies: 153
Views: 9838

Re: how often do you check your net worth?

etfking wrote: Thu Aug 20, 2020 1:03 pm As my wife and I approach the 2 comma club I wanted to ask how often people check their portfolio / net worth? Hourly, daily, weekly, monthly?
Are there people who check their net worth hourly? I think daily would be too obsessive, but hourly??
:shock:
by mptfan
Thu Aug 20, 2020 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Managing finances for elderly parent long-distance
Replies: 33
Views: 1830

Re: Managing finances for elderly parent long-distance

123 wrote: Wed Aug 19, 2020 2:48 pm With her permission set up an email account for her.
Or, even easier, use your existing email address for her accounts. In other words when you log in to an (or create a new) account for her, add your email to the account so the estatements go directly to you.
by mptfan
Wed Aug 19, 2020 4:13 pm
Forum: Personal Investments
Topic: Is it normal to see a 3 or 4 fund portfolio all down?
Replies: 5
Views: 441

Re: Is it normal to see a 3 or 4 fund portfolio all down?

Boulous wrote: Wed Aug 19, 2020 4:10 pm Is it normal to see a 3 or 4 fund portfolio down?
I think it depends on how you define "normal." In my experience different people define that word differently. It also very much depends on what time period you are referring to.
by mptfan
Wed Aug 19, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Jitters Anyone ??
Replies: 87
Views: 6775

Re: Social Security Jitters Anyone ??

nisiprius wrote: Wed Aug 19, 2020 9:56 am A late friend was accurately diagnosed with terminal cancer at age 73. I visited him before things got bad and it transpired that he had never filed for Social Security.
:shock:
I think sometimes we forget how little attention the average person pays to issues that we debate ad nauseum.
by mptfan
Tue Aug 18, 2020 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Lawyers - How much does it cost to write a prenup contract?
Replies: 48
Views: 6064

Re: Lawyers - How much does it cost to write a prenup contract?

spectec wrote: Tue Aug 18, 2020 8:15 am In the tax prep business, when someone calls to inquire about fees one of the best ways to get me to laugh silently is to say "My situation is simple. It shouldn't take you very long".
My first question would be "If it's so simple, why are you calling me?"
by mptfan
Mon Aug 17, 2020 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Risk with paying someone with a personal check
Replies: 76
Views: 5200

Re: Risk with paying someone with a personal check

I did receive all of my money back within 10 days. The protections are the same as for credit cards, but when it is your checking account you are waiting on a positive resolution and refund, not a credit card issuer. This is a very important distinction that is often overlooked by those who claim t...
by mptfan
Fri Aug 14, 2020 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Lawyers - How much does it cost to write a prenup contract?
Replies: 48
Views: 6064

Re: Lawyers - How much does it cost to write a prenup contract?

I would never review any "prenup" that a non-lawyer client attempted to prepare themselves. That is like me say, "Hey, I don't want to pay an oral surgeon to take out my wisdom teeth. I'm simply going to do it myself, and then have them quickly check my work." Not the same at all. One doesn't need ...
by mptfan
Fri Aug 14, 2020 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Lawyers - How much does it cost to write a prenup contract?
Replies: 48
Views: 6064

Re: Lawyers - How much does it cost to write a prenup contract?

TNL wrote: Wed Aug 12, 2020 5:35 pm I would never review any "prenup" that a non-lawyer client attempted to prepare themselves. That is like me say, "Hey, I don't want to pay an oral surgeon to take out my wisdom teeth. I'm simply going to do it myself, and then have them quickly check my work."
I agree.
by mptfan
Fri Aug 14, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Spending
Replies: 79
Views: 8275

Re: Struggling with Spending

Guilty! But when i do decide to buy something, I research it to death and try to buy the best even if the item costs more. Lol me too. Watching reviews on Youtube, reading reviews on several websites, reading discussions in forums and making own threads about it. Test or look at it in a store, read...
by mptfan
Thu Aug 13, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Spending
Replies: 79
Views: 8275

Re: Struggling with Spending

smitcat wrote: Thu Aug 13, 2020 8:23 am The only purpose for money is to spend it - there is no other possibility.
Not true, it's possible to burn it...and poof! it's gone.
by mptfan
Sun Aug 09, 2020 8:51 am
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference Update
Replies: 75
Views: 11487

Re: 2020 Bogleheads Conference Update

I consider the Fort Lauderdale Airport one of my “happy places”. It’s much easer to navigate than the Miami Airport, renting a car is easy, there is a light rail system connecting to Orlando, West Palm Beach and Miami. The train connection to Orlando is under construction but not complete. The furt...
by mptfan
Wed Aug 05, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for CC cash back in personal budget
Replies: 41
Views: 2261

Re: Accounting for CC cash back in personal budget

delamer wrote: Wed Aug 05, 2020 10:11 am I have a unique income category that is called “Credit Card Rebates.”
I do the same.

Edited to add: I don't keep a budget, I track the income as part of my spending.
by mptfan
Tue Aug 04, 2020 10:56 pm
Forum: Investing - Theory, News & General
Topic: What happens if you run out of money in retirement?
Replies: 175
Views: 15547

Re: What happens if you run out of money in retirement?

livesoft wrote: Tue Aug 04, 2020 11:25 am I'd move in with my one of my girlfriends.
:thumbsup
by mptfan
Sat Aug 01, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Unmotivated daughter and son in law.
Replies: 115
Views: 9759

Re: Unmotivated daughter and son in law.

averagedude wrote: Sat Aug 01, 2020 2:20 pm I feel it is unfair to reward an unmotivated kid, while doing nothing for your other kids that have made good decisions.
I agree.
by mptfan
Mon Jul 27, 2020 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank Alternative?
Replies: 63
Views: 7877

Re: Ally Bank Alternative?

softwaregeek wrote: Mon Jul 27, 2020 7:58 pm Considering where to go next. It's not that I am a bonus hound, it's that I want the ideal combination of service, benefits and, of course, interest on uninvested funds.
Who doesn't want that ideal combination?
by mptfan
Sun Jul 26, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: Separate email accounts
Replies: 37
Views: 4273

Re: Separate email accounts

If you have gmail you can link all your separate accounts. You can be logged on to all at once. You can also be logged on to one but still send/receive from the others if you want. Yes, but doesn't that defeat the purpose of having a separate email for financial accounts? I mean if someone were to ...
by mptfan
Wed Jul 22, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: Best secure email to use instead of gmail?
Replies: 93
Views: 16732

Re: Best secure email to use instead of gmail?

I think the OP intention was privacy and not Security - Google is competent with security aspects but show least concern for privacy. I agree that security and privacy are distinct and they have been conflated in this discussion. I know that Google has world class cutting edge security technology f...
by mptfan
Wed Jul 22, 2020 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa signature card
Replies: 29
Views: 3520

Re: Fidelity Rewards Visa signature card

However there are two ways to get to and log onto Elan’s site. One is to go thru Fidelity. If you go thru fidelity, you will be logged into Elan’s site seamless without having to input any username/password (implemented most likely using cookies/single sign-on). Second is you can login to Elan dire...
by mptfan
Tue Jul 21, 2020 3:24 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 355
Views: 23744

Re: [On-going Scams - Post them here]

WoodSpinner wrote: Tue Jul 21, 2020 2:14 pm Trying to protest through PayPal and my Credit Card. Unfortunately my wife ordered using a Debit Card so we can only protest via PayPal.
Reason number 17 why I do not use debit cards... or PayPal.
by mptfan
Tue Jul 21, 2020 10:39 am
Forum: Personal Investments
Topic: Hacking Financial Sites
Replies: 41
Views: 3669

Re: Hacking Financial Sites

I'm a fan of Google Advanced Protection to try to isolate your email address from being simjacked. I'm a fan of Advanced Protection as well, but you do not need Advanced Protection to avoid being sim jacked, all you have to do is remove your phone number as one of the second factors in your Google ...
by mptfan
Mon Jul 20, 2020 4:15 pm
Forum: Personal Investments
Topic: Hacking Financial Sites
Replies: 41
Views: 3669

Re: Hacking Financial Sites

It's possible, though very unlikely, that one of your financial sites may be hacked and result in financial loss to you. The best you can do is take reasonable steps to protect yourself... 1) Select a username that is not very obvious, if your name is Jane Smith don't use JaneSmith01. Using a semi-r...
by mptfan
Mon Jul 20, 2020 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney? Spouse too Busy.
Replies: 35
Views: 3061

Re: Power of Attorney? Spouse too Busy.

My wife and I share a password manager. There's well over 500 accounts in there. When one of us gets a security code we didnt request, we automatically forward it to the other. Works great. And no, I dont care in the least about any finger wagging about password sharing. It's my spouse and we opera...
by mptfan
Sun Jul 19, 2020 8:26 pm
Forum: Personal Investments
Topic: Hacking Financial Sites
Replies: 41
Views: 3669

Re: Hacking Financial Sites

Yinks wrote: Sun Jul 19, 2020 4:43 pm I use fidelity and have 2 factor authentication in place. It's still possible to beat 2FA if someone were to clone my cell number but the likelihood if far lower.
Fidelity has the option of using the Symantec VIP app as two factor authentication and that cannot be cloned.
by mptfan
Sun Jul 19, 2020 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney? Spouse too Busy.
Replies: 35
Views: 3061

Re: Power of Attorney? Spouse too Busy.

tibbitts wrote: Sun Jul 19, 2020 2:10 pm I can't remember that I've ever done that personally, but I'm not sure it would have been "worse" than performing transactions on dead people's accounts.
I did not offer an opinion that it would have been "worse" than performing transactions on dead people's accounts.
by mptfan
Sun Jul 19, 2020 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney? Spouse too Busy.
Replies: 35
Views: 3061

Re: Power of Attorney? Spouse too Busy.

tibbitts wrote: Sun Jul 19, 2020 2:17 pmRemember, we're not really talking just about Vanguard accounts, and not always a spouse.
The OP asked about a spouse and my answers referred to a spouse. I agree that handling accounts of others who are not spouses may be different.
by mptfan
Sun Jul 19, 2020 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Mom Has $2K Net Worth at 62 - Want to Help
Replies: 120
Views: 11374

Re: Mom Has $2K Net Worth at 62 - Want to Help

Filial responsibility laws. Many US states have them. Although the extent differs and they aren't enforced everywhere. Which is why 'some cases, some states'. https://en.wikipedia.org/wiki/Filial_responsibility_laws Interesting. It seems that 30 states have such laws and they vary, and even in thos...
by mptfan
Sun Jul 19, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Mom Has $2K Net Worth at 62 - Want to Help
Replies: 120
Views: 11374

Re: Mom Has $2K Net Worth at 62 - Want to Help

You have an implied obligation if the person at other end of such a relationship runs themselves completely off the rails financially. And can be an actual legal obligation in some cases, in some states, for adult kids. Could you provide a citation or a link for this? I was not aware that adult kid...