Search found 343 matches

by gnosis
Tue Jan 18, 2011 10:51 am
Forum: Personal Investments
Topic: Please advise: my parents' retirement portfolio
Replies: 21
Views: 4825

If you're really bored or you have great passion in helping others, :) here are the prospectuses for both the annuity (X series) and it's fund (AST): http://www.annuities.prudential.com/media/managed/documents/pruannuities_investor/ppr_pros.pdf?siteID=25 http://www.annuities.prudential.com/media/man...
by gnosis
Tue Jan 18, 2011 10:39 am
Forum: Personal Investments
Topic: Please advise: my parents' retirement portfolio
Replies: 21
Views: 4825

Annual desired retired income is below $68k so they can be in 15% tax bracket. So, they plan to withdraw about $60k a year.
by gnosis
Tue Jan 18, 2011 10:36 am
Forum: Personal Investments
Topic: Please advise: my parents' retirement portfolio
Replies: 21
Views: 4825

They were residing in the US until they moved to Thailand about 6 years ago to permanently retire there. They will only be coming to the US to visit maybe on average once every 2 years. Looks like this is the brochure about their specific annuity: http://www.prudential.com/media/managed/documents/pr...
by gnosis
Tue Jan 18, 2011 9:44 am
Forum: Personal Consumer Issues
Topic: Do You Use a Telephone Book Anymore?
Replies: 63
Views: 6454

I don't use books in general anymore.
by gnosis
Tue Jan 18, 2011 8:09 am
Forum: Investing - Theory, News & General
Topic: WSJ - "Do You Need a Chinese Bank Account?"
Replies: 41
Views: 7047

On using it for travel - I've found China to be convenient on credit cards and cash. If you avoid the western-oriented hotels and restaurants, it doesn't take much money. We had breakfast for two at one little local place for $0.25. It wasn't always that cheap but it can be very reasonable. Yeah, b...
by gnosis
Mon Jan 17, 2011 10:44 pm
Forum: Personal Investments
Topic: Please advise: my parents' retirement portfolio
Replies: 21
Views: 4825

Please advise: my parents' retirement portfolio

My parents would appreciate some portfolio advice! They have been working with the same financial advisor for at least 7 years. He recently moved from Prudential to some other financial manager business, but is still my parents' money manager. Debt : They now live in their recently built house there...
by gnosis
Mon Jan 17, 2011 8:42 am
Forum: Personal Investments
Topic: figuring out my bond allocation
Replies: 21
Views: 2221

You're considering adding risk to your bonds by investing in long-term bonds, but this exposes you to poor performance if there is significant inflation. It'd be wise to keep all of your risk on the equities side of your portfolio. If you want higher potential returns over the next few decades, just...
by gnosis
Sun Jan 16, 2011 1:20 pm
Forum: Investing - Theory, News & General
Topic: Tilting
Replies: 16
Views: 2484

Binx, have you read Bogle's 2002 speech/lecture entitled "The Telltale Chart"? It's a nice little read for you that should address your equities tilting questions: http://www.vanguard.com/bogle_site/sp20020626.html The real question you should be asking is, do I need or want the extra risk of tiltin...
by gnosis
Sun Jan 16, 2011 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Gas bill - budget plan?
Replies: 24
Views: 6280

Big fan here! Budget billing is free peace of mind. It's very nice knowing I won't be surprised ever again with a bill that's $100 more than I was expecting. I use the budget plan for my combined gas and electric bill through PECO, in Pennsylvania. It's perfectly accurate, as far being "free from an...
by gnosis
Fri Jan 14, 2011 5:30 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

Ooh, the nice thing about a permanent raise would be that, well, it would be a permanent boost in your salary, subject to future compounding, etc. Compounding. I have overlooked that simple benefit to getting a raise. All this time I have been thinking about how a raise would just increase my tax b...
by gnosis
Fri Jan 14, 2011 4:11 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

I'm a full-time podiatrist (please don't bring up the Seinfeld episode about podiatrists not being real doctors :lol:) and I am also a clinician at a hospital outpatient wound care center. How do you put up with the smell? :lol: What smell? It's just like anything else. You get used to it. That's t...
by gnosis
Fri Jan 14, 2011 4:09 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

It's too bad I can't live with the sport suspension of my current car, otherwise I'd be willing to buy it at the end of the lease. Everything else about it is great. Damn stiff ride though. I just found out I two herniated discs and a bulging disc. Definitely no more sport package for this guy.
by gnosis
Fri Jan 14, 2011 7:17 am
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

Only reading part of the whole thread. But why did you spend $598 of a $600 allowance? :roll: You just brought up something important. I just realized that the $600 figure was my own limit that I set on myself! I was never told that there was any limit. Also, I leased the car on my own, expecting t...
by gnosis
Thu Jan 13, 2011 9:43 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

If you have something like an Audi, then getting a deal that includes scheduled maintenance is an effective use of this situation. I have a 2000 A4, and the repairs can be exorbitant. God forbid you replace a clutch. (I still like the car though, even if it is getting beat up) Check! See my post fr...
by gnosis
Thu Jan 13, 2011 9:37 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

You can't write off miles if you get reimbursed for your car. It's one or the other. But you still have to account for the fact that the vehicle was used for business. Commuting and taking long road trips are not business uses. Do you account for this to your employer? I'm just trying to understand...
by gnosis
Thu Jan 13, 2011 9:35 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

I don't think you mentioned if the full $600 has to go towards the price of the car. Can you get a less expensive car and use the remainder towards insurance expenses? I never asked about that. I would consider leasing a cheaper car to get the insurance premium covered. One thing that I took advant...
by gnosis
Thu Jan 13, 2011 6:34 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

Have you thought about switching to a smaller rim with a higher sidewall? With a sport you usually get a 17-19" rim with a real low profile tire. This would loosen things up a bit. If you had chosen another car, how much less would the insurance be compared to the A4? Are you able to write off the ...
by gnosis
Thu Jan 13, 2011 6:29 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

deleted
by gnosis
Thu Jan 13, 2011 7:17 am
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

gnosis, I like being the contrarian view sometimes to a few bogleheads. Only sometimes ;) Sometimes you have to take what some bogleheads say with a grain of salt. There are bogleheads that will die with multimillions in the bank and never have spent any of it and not enjoyed life and drove a 10 ye...
by gnosis
Thu Jan 13, 2011 7:15 am
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

People expect their physician to drive a nice car (my internist drives a Porsche, as does my neighbor who is an anesthesiologist). If my doctor pulled up in a used Honda I probably would wonder what was wrong (or how many ex's he was supporting). Seriously? You know what's parked in the physician's...
by gnosis
Wed Jan 12, 2011 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: celebrating second day of not watching portfolio performance
Replies: 25
Views: 3311

darga19 wrote:
livesoft wrote:Did you see the market is on a tear today? It's up almost 6%. :) :)
Way to taunt him and get him back on the sauce :lol:
LOL! The sauce! I love it.
by gnosis
Wed Jan 12, 2011 4:37 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

They do not. I pay for everything but the lease payment: gas, insurance, maintenance, repairs, etc. So, in reality it's not really the company car as I mentioned earlier. My associates call it that so they can write my car lease off as a business expense and reduce the practice's tax burden.
by gnosis
Wed Jan 12, 2011 2:33 pm
Forum: Personal Consumer Issues
Topic: "New" Car for New Twin Babies
Replies: 91
Views: 12151

sscritic wrote:Before deciding, you have to watch these:

http://www.youtube.com/watch?v=Ra4JPZz3_Vo
http://www.youtube.com/watch?v=ql-N3F1FhW4

"We feed them, every day, every single day!"
I liked them a lot, and the other related vids are good too. The swagger wagon!
by gnosis
Wed Jan 12, 2011 2:06 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

I need to know more about your shoes before I can give my opinion! :wink: Seriously though, I unhesitatingly recommended that this other member buy the $30+K used Lexus he was eyeing; however, without knowing much of your financial background, it is tough to say anything and even hope to be right. ...
by gnosis
Wed Jan 12, 2011 1:52 pm
Forum: Personal Consumer Issues
Topic: I get $600/mo car lease reimbursement. What would you do?
Replies: 46
Views: 7508

I get $600/mo car lease reimbursement. What would you do?

A year and a half ago, as a pay raise, my job offered me an extra $600 per month to lease a car… “the company car”. So, without hesitation, I decided to reward my myself with my first nice luxury car, a 2009 Audi A4 with sports package (how could I say no to those cool LED daytime running lights?). ...
by gnosis
Tue Jan 11, 2011 9:43 pm
Forum: Personal Investments
Topic: Starting a portfolio using Bogleheads investment philosophy
Replies: 15
Views: 2981

Am I missing something? No one has suggested to avoid taxable account and instead open a Roth IRA for bonds? Your savings rate and asset allocation are the two most important factors in your success in investing for the next several years. You can consider slice-and-dice philosophy at any time, but ...
by gnosis
Tue Jan 11, 2011 9:27 pm
Forum: Personal Investments
Topic: Help a brother out...
Replies: 4
Views: 1496

Wecome to the forum, brother! Putting your savings into Vanguard funds is as close as you get to investing for free, as Vanguard has the lowest expense ratios around. Minimizing costs is a HUGE factor in the long run, so you should seriously consider switching at least your Roth over to Vanguard. Fo...
by gnosis
Tue Jan 11, 2011 9:11 pm
Forum: Personal Investments
Topic: Portfolio review, plus $30k to invest
Replies: 18
Views: 3257

Ohhhhh man that 50% unlimited 401k match is just pure sweetness. Absolutely max that out! So jealous...
by gnosis
Sun Jan 09, 2011 1:26 am
Forum: Personal Investments
Topic: Roth IRA fund allocation help
Replies: 3
Views: 643

Piece of advice #1 is to add some international stocks. With this added diversification, you can lower the risk of your overall portfolio while increasing potential returns. You should invest at least 20% of your stocks in a low cost, broadly diversified international index fund like Vanguard Total ...
by gnosis
Sat Jan 08, 2011 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Looking for new credit card; what are you using?
Replies: 59
Views: 7806

Just got an chase amazon visa. I buy from amazon often. It's worth considering - if you shop there often. You can easily read about it here: http://tinyurl.com/28penj4 (shameless plug) Don't forget to click on the link at the top right of this forum page every time you shop at Amazon! It's the same...
by gnosis
Fri Jan 07, 2011 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for new credit card; what are you using?
Replies: 59
Views: 7806

Citi Driver's Edge Mastercard for 3% cash back at gas stations, supermarkets and drugstores. It was a whopping 6% for the first 12 months but I still have it since Amex and Discover aren't accepted everywhere. I don't think this card is available anymore. It isn't, hasn't been for years. I'm one of...
by gnosis
Fri Jan 07, 2011 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for new credit card; what are you using?
Replies: 59
Views: 7806

I soooooooo wish there was a Costco near me.
by gnosis
Fri Jan 07, 2011 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for new credit card; what are you using?
Replies: 59
Views: 7806

Starwood Amex for about 2% back, using the points for hotel stays. Discover for the 5% cash back. Citi Driver's Edge Mastercard for 3% cash back at gas stations, supermarkets and drugstores. It was a whopping 6% for the first 12 months but I still have it since Amex and Discover aren't accepted ever...
by gnosis
Thu Jan 06, 2011 7:21 am
Forum: Personal Investments
Topic: Please Critique 28 Year Old's Investment Portfolio III
Replies: 15
Views: 2788

Re: Please Critique 28 Year Old's Investment Portfolio III

skow wrote:Age: 28.9
Hey, this is fun! I'm 32.4, married, and our average age is 31.5!
by gnosis
Tue Jan 04, 2011 10:51 pm
Forum: Personal Investments
Topic: Help me choosing asset allocation & funds/etfs
Replies: 12
Views: 1824

First, determine your goal. For example, $2 million in 25 years.

Then decide how much risk you really need in order to get the estimated annual return necessary to reach your goal. Do you need, say, 7% annual return?
by gnosis
Tue Jan 04, 2011 2:34 pm
Forum: Investing - Theory, News & General
Topic: REITs
Replies: 53
Views: 7198

I just sold off all of my REITs because they're too crazy for me. I can't set-and-forget that fund. I found myself constantly checking how REITs are doing. I've also realized that any sector-play or slicing and dicing isn't what I want.

"Don't do something. Just stand there." -- Bogle
by gnosis
Mon Jan 03, 2011 11:25 pm
Forum: Personal Investments
Topic: Need Bond Component
Replies: 5
Views: 1484

gnosis wrote:Since you have a stock portfolio, you might appreciate this quick read: http://moneywatch.bnet.com/investing/bl ... fund/1750/
Sorry I left out a word: "Since you have a high stock portfolio..."
by gnosis
Sun Jan 02, 2011 10:47 am
Forum: Personal Investments
Topic: Need Bond Component
Replies: 5
Views: 1484

Since you have a stock portfolio, you might appreciate this quick read: http://moneywatch.bnet.com/investing/bl ... fund/1750/
by gnosis
Sun Jan 02, 2011 10:36 am
Forum: Personal Investments
Topic: picking stocks for fun fund?
Replies: 9
Views: 1196

What is that, like a monthly allowance? :lol: I don't follow Cramer's advice and set aside playmoney or a discretionary fund. All of my playmoney is invested in my Bogle-licious retirement portfolio.
by gnosis
Thu Dec 30, 2010 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Put off retirement savings for 4 years?
Replies: 53
Views: 6472

Home ownership is overrated. Better to save more earlier in life and let the power of compounding interest put you into early retirement. Don't stop saving. You can always buy a house later. Invest like a madman!
by gnosis
Mon Dec 27, 2010 9:23 pm
Forum: Personal Investments
Topic: How to build portfolio of Fixed Income with US Treasuries?
Replies: 13
Views: 2094

Man, it would suck to try to rebalance all those bonds regularly! From all the reading I've done on this forum and elsewhere over the past few years, it's not necessary to divvy up bonds as you describe. I'm 32, AA is 85/15, and all of my bond allocation is in Vanguard Intermediate-Term Treasury Fun...
by gnosis
Mon Dec 27, 2010 7:02 pm
Forum: Investing - Theory, News & General
Topic: What's the most important thing people are overlooking
Replies: 53
Views: 10216

Needs vs. wants
by gnosis
Mon Dec 27, 2010 7:00 pm
Forum: Investing - Theory, News & General
Topic: What's the most important thing people are overlooking
Replies: 53
Views: 10216

Re: Predicting the Past

Taylor Larimore wrote:A very wise Morningstar poster named Ozark wrote this:

Predicting the Past

Happy Holiday!
Very refreshing, thank you.
by gnosis
Mon Dec 27, 2010 6:47 pm
Forum: Investing - Theory, News & General
Topic: What parameters do you track in your portfolio spreadsheet?
Replies: 89
Views: 22269

Re: What parameters do you track in your portfolio spreadshe

ddb wrote:I track the projected inflatino-adjusted value...
Inflatino: the secret ingredient to causing inflation. "Sprinkle a little inflatino into our economy and before you know it, you've got some serious inflation going on!"
:lol:
by gnosis
Mon Dec 27, 2010 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Finally have money, what should I do with it?
Replies: 36
Views: 5058

I'd compare the difference in savings between making extra mortgage payments to eliminate PMI vs. paying off the car. How much is your PMI each month? How much in interest are you paying on your car every month? I think you'll find that paying off the car will be the most beneficial and also the mos...
by gnosis
Sun Dec 26, 2010 8:52 pm
Forum: Personal Investments
Topic: VG Tot. Int'l vs. VG FTSE All World Ex. US, What's the Diff?
Replies: 28
Views: 4286

Re: VG Tot. Int'l vs. VG FTSE All World Ex. US, What's the D

nisiprius wrote:But soon new, improved VGTSX with miracle ingredient MSCI ACWI ex USA IMI (the new index VGTSX will be tracking) will include its proper share of the True North, Strong & Free.
How soon?
by gnosis
Sun Dec 26, 2010 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: credit card debt..?Need advice..? [OP has been banned]
Replies: 18
Views: 3915

Re: Yes this is the best solution to pay off your credit car

FinTech wrote:... call 800-294-xxxx
If you're not a spammer, I don't know what is.

Hi gnosis:

I deleted the "FinTech" post. Taylor
by gnosis
Fri Dec 24, 2010 8:53 am
Forum: Personal Investments
Topic: Assest allocation across many accounts
Replies: 2
Views: 684

Welcome to the forum! Just to get started, please edit your post into the following format: http://www.bogleheads.org/forum/viewtopic.php?t=6212 There is a LOT of great reading already posted on this forum/website. I think many of your questions will be answered as you read the previous forum discus...
by gnosis
Thu Dec 16, 2010 7:53 pm
Forum: Personal Investments
Topic: Paying off loan or investing in bonds
Replies: 17
Views: 2383

Here's a good read if you haven't already...

http://www.bogleheads.org/wiki/Paying_d ... _investing
by gnosis
Mon Nov 29, 2010 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: please critique my AA
Replies: 17
Views: 2372

Are you a Hokie, as in VT alumnus, like me?