Search found 4546 matches

by inbox788
Sat Feb 03, 2018 3:44 am
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 3479

Re: Multiple bank accounts - am I crazy?

Some people hate to cancel their oldest credit card because it can lower their credit rating. I have an old one that I've had for 25 years. Other cards can also have special discounts attached to them etc. But checking accounts - I don't think I will ever want more than two. I've been trying to cut...
by inbox788
Fri Feb 02, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Rising Rates Increase Worries
Replies: 86
Views: 12927

Re: Larry Swedroe: Rising Rates Increase Worries

Anyone who thinks that inflation will be lower than expected is getting a great deal with that 2.85% bond. What's a great deal for those who think inflation will be higher than expected? I've looked at iBonds and TIPS, but don't understand it well, and while it's safe and protects against inflation...
by inbox788
Fri Feb 02, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP Question [Employee Stock Purchase Plan]
Replies: 13
Views: 1350

Re: ESPP Question [Employee Stock Purchase Plan]

With all due respect, the standard advice of sell it all every quarter at a high cap gains rate is horrific and terrible advice if you think you are in a company with an upward trajectory. Ive been in my ESPP for 2 years. I work in an industry and a company that I know not only will be here 100 yea...
by inbox788
Fri Feb 02, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Different ways to achieve 40/60 AA & question on staying the course.
Replies: 25
Views: 1924

Re: Different ways to achieve 40/60 AA & question on staying the course.

Thank you for the comments and perspective. I can see I wasn't clear enough. I was comparing the performance of two funds I hold, with nearly identical allocations, to each other. While their allocations are identical their performance is not; that's why I am considering getting out of the Target F...
by inbox788
Fri Feb 02, 2018 3:50 am
Forum: Investing - Help with Personal Investments
Topic: Different ways to achieve 40/60 AA & question on staying the course.
Replies: 25
Views: 1924

Re: Different ways to achieve 40/60 AA & question on staying the course.

My reason is that the two funds have done much better in the last year ; I have read that this is not a predictor of future performance, and that I shouldn't chase returns, but I also need to produce as much growth/income within my AA as possible, so I'm not sure why to stay with a fund which produ...
by inbox788
Thu Feb 01, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3394

Re: How to ship two big tubs of butter internationally?

If the restaurant is Cuba Libre, here is their mango butter recipe (supposedly from waiter at restaurant): CUBA LIBRE'S MANGO BUTTER: 2 lbs. Softened Butter 6 oz. Mango Puree 1/3 C. Sugar 2 tsp. Ground Cinnamon 2 tsp. Black Pepper I may actually try this myself, it sounds good! Sounds good to me to...
by inbox788
Thu Feb 01, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Is changing AA considered market timing?
Replies: 37
Views: 1490

Re: Is changing AA considered market timing?

Suppose I have a 90:10 stock bond allocation. If I think that market is too overvalued right now and if I want to change the future contributions to be allocated 50:50, with hopes that if the market tanks again, i can change AA again to a more aggressive one , will this be considered an attempt to ...
by inbox788
Thu Feb 01, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3394

Re: How to ship two big tubs of butter internationally?

Ok, I love my uncle, but I'm not paying $1200 to ship two tubs of butter that only cost $40. For $1200, you might be able to ship the uncle to the restaurant. Or you could make a personal delivery. I'm assuming it's got some sort of butter or mango in it, and your uncle could buy ingredients locall...
by inbox788
Thu Feb 01, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7875

Re: I have an overwhelming gift I'm in need of help of please.

You have received sound advice: Put your windfall in your bank (your banker will be impressed which can be useful). ... Edit: Do not automatically pay-off your mortgage. There can be reasons not to. You're VERY lucky you wound up here. Be skeptical of any advice you receive and give it time to sink...
by inbox788
Thu Feb 01, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Annuities - how does insurance company know you died?
Replies: 58
Views: 4461

Re: Annuities - how does insurance company know you died?

But let's be clear the legal term for this is fraud. To avoid getting this thread locked, let's not discuss how to commit fraud, but how to prevent fraud. [Has anyone gone to court with a cryogenics argument yet?] http://www.dailymail.co.uk/wires/afp/article-3073186/Japan-woman-held-cashing-dead-pa...
by inbox788
Thu Feb 01, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 9318

Re: How risky is Med school student loan debt?

There are less residency spots in the USA than there are graduating 4th year medical students. That includes MDs and DOs. That does not include foreign and Caribbean grads. There is a push in GME to open more residency spots. Still, some residency positions go,I filled because more people are chasi...
by inbox788
Wed Jan 31, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 87
Views: 7913

Re: Alan Greenspan says there are bubbles in both stocks and bonds

ISTR that the last time that Alan Greenspan publicly predicted a bubble, the market went straight up for the next 4 years. It's funny, a lot of people seem to recall his "irrational exuberance" phrase, but nobody seems to remember that he said it in 1996. Exactly. Greenspan calling a bubble is a ve...
by inbox788
Wed Jan 31, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Accepting an offer from an employer who said previously no!
Replies: 30
Views: 3224

Re: Accepting an offer from an employer who said previously no!

A- State job PROS: 2- Good people to work with, diversified place. 4- Matching pension plan (it is called pension, but it works as 401K, she contribute 5.5% to get 3% match, vested after a year) Cons: 1- Low pay now, $21K 3- Long commute (25 miles one way) B- Private company PROS: 1- Higher pay (if...
by inbox788
Wed Jan 31, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to Minimize capital gains when selling at Vanguard
Replies: 4
Views: 522

Re: How to Minimize capital gains when selling at Vanguard

Do you care to maintain any particular allocation by fund types, for example some international vs US ratio? Under my brokerage account cost basis, when I look at a fund Show Details, it has date acquired for covered shares and separates long term vs short term for me. I think all I need to do is to...
by inbox788
Wed Jan 31, 2018 4:33 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance
Replies: 12
Views: 1043

Re: Life insurance

$310 Ohio life vs $340 protective life (annual) Changed jobs and new company’sife insurance is more expensive. Within 10 years can self insure - no health concerns but if I die in a car wreck or something want my SO to have options with young kids. Good plan. Get the lowest cost insurance that meet...
by inbox788
Tue Jan 30, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance
Replies: 12
Views: 1043

Re: Life insurance

How do their rates compare to https://www.term4sale.com ?

https://finance.google.com/finance?q=pl ... jAHDu4KIDQ

https://en.wikipedia.org/wiki/Protective_Life

Why do you need life insurance? Why only 10 years?
by inbox788
Tue Jan 30, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 1999

Re: Tax help - DAF contribution

Yes, that's what I am saying. I have confirmation of the date, number, and value of shares leaving the account, and confirmation of receipt by the DAF, but no record under cost basis. Yes, I have Spec ID as cost basis method. What about the Show Details of the actual holdings and the Date acquired ...
by inbox788
Tue Jan 30, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 1999

Re: Tax help - DAF contribution

Livesoft, Thanks again for your response. That's the screen I originally checked, expecting to find the info. I just checked it again -- there is nothing under the "gifted shares" tab except the following note: "You don't have any gifts of shares from your account at this time. Making a gift of sha...
by inbox788
Tue Jan 30, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Analysis Paralysis -- 403b or Kill the Mortgage?
Replies: 27
Views: 1452

Re: Analysis Paralysis -- 403b or Kill the Mortgage?

1) Option 1: work toward maxing out the Roth 403b. Pros: Investing tax-free makes more sense w.r.t. numbers than paying down a short, easily affordable mortgage given likely market returns. Cons: money in a 403b isn't easily accessible, plus decision has to be made by withholding. 2) Option 2: aggr...
by inbox788
Tue Jan 30, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is an ARM always a bad idea?
Replies: 22
Views: 2070

Re: Is an ARM always a bad idea?

A 5/1, 7/1 or 10/1 ARM are tools that can certainly be used in scenarios. Penfed offers 5/5 and 15/15 ARM. Where rates are today, they don't make as much sense, but there was a time the 5/5 rate was very similar to a 5/1 and quite a bit lower than the 10/1. Given today's rate environment, and my ex...
by inbox788
Tue Jan 30, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 1999

Re: Tax help - DAF contribution

I didn't see specific reference in OP to long-term gains. Is it possible you mistakenly contributed shares with <1y holding period? To the extent that you did, your deductible charitable contribution would be limited to your basis for those shares. Yes, how long ago did you purchase the shares that...
by inbox788
Tue Jan 30, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Comparing two job offers
Replies: 7
Views: 522

Re: Comparing two job offers

What keeps you from moving closer to your current employer?
by inbox788
Mon Jan 29, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: BIG ($180k) student debt!! Strategy needed.
Replies: 54
Views: 9535

Re: BIG ($180k) student debt!! Strategy needed.

Olemiss540 wrote:
Mon Jan 29, 2018 7:58 pm
Thread is 3 years old....
I see now....was going to ask if there's an update, but unlikely.
Joined:Thu Sep 18, 2014 8:13 pm
Last active:Tue Oct 07, 2014 10:16 pm
by inbox788
Mon Jan 29, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant Recommends doing Whole Life Insurance
Replies: 64
Views: 5011

Re: Accountant Recommends doing Whole Life Insurance

My accountant just of just mentioned it in passing as something I should look into that could save me 50-100k in taxes. Actually I would ask your accountant to explain what he meant, why does he think whole life insurance could save you 50-100k in taxes (per year?) Your curiosity is aroused, so why...
by inbox788
Mon Jan 29, 2018 8:10 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8515

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Apple and their planned obsolescence is well known. Even Google searches for "slow iphone" spike with each iPhone release. Moreover, they do everything in their power to prevent third party repairs, actively create unnecessary new non-standard products, just so you HAVE to live in their ecosystem. ...
by inbox788
Mon Jan 29, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: BIG ($180k) student debt!! Strategy needed.
Replies: 54
Views: 9535

Re: BIG ($180k) student debt!! Strategy needed.

[deleted reply to old thread]
by inbox788
Mon Jan 29, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance - and for how long?
Replies: 28
Views: 1882

Re: How much life insurance - and for how long?

However, one local agent I found via Term4Sale did also provide quotes for John Hancock Variable Universal Life. According to their analysis (and I certainly am skeptical they ended up at this number solely because it resulted in a seemingly perfect match to a VUL policy of $350K) we technically do...
by inbox788
Mon Jan 29, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Value investing (BRK-B) inappropriate for retirement income?
Replies: 21
Views: 1534

Re: Value investing (BRK-B) inappropriate for retirement income?

BRK-B total return, M* http://performance.morningstar.com/stock/performance-return.action?region=USA&t=brk.b&culture=en-US FYI, Collapsed view seems to track Insurance - Diversified last 5 years. The expanded view seems to track the SP500 and just looking at the right side of the graph, 2012-2017, ...
by inbox788
Mon Jan 29, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8515

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Second the battery replacement, especially now since they are on sale. DW and I just went to the local Apple store with our 3 year-old 6S phones. They tested her battery and it showed nearly 100% consumed, mine was only 12% consumed; but will replace both batteries when the replacements come in a f...
by inbox788
Mon Jan 29, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8515

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I'm still using a 5 year old iphone 5... No new phones!!! iPhones? You could have not picked a worse company if you are trying to maintain old products. Hardware or software? Software is hard to beat iOS (6 thru 10.3.3) support and updates. Main hardware advantages of some android phones are replac...
by inbox788
Mon Jan 29, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Change in "career", PA or Optometry?
Replies: 79
Views: 6245

Re: Change in "career", PA or Optometry?

Separate charges. Health insurance paid for the medical issue. I don't have vision insurance and was not reimbursed for the eyeglass prescription. Thanks for the clarification. All sounds like SOP. They are just itemizing out billing for an incidental service. I do wonder if machine refraction are ...
by inbox788
Mon Jan 29, 2018 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Change in "career", PA or Optometry?
Replies: 79
Views: 6245

Re: Change in "career", PA or Optometry?

On a recent visit to an ophthalmologist my eyeglass prescription was determined by a certified assistant (minimal licensing requirement?) and a computerized measuring device. An small image went in and out of focus a few times in the eyepiece I looked into and it spit out a piece of paper. She hand...
by inbox788
Mon Jan 29, 2018 12:38 am
Forum: Investing - Help with Personal Investments
Topic: Municipal Bonds - 100% When All You Need is the Income
Replies: 55
Views: 5024

Re: Municipal Bonds - 100% When All You Need is the Income

You might want to take a look at the article and the thread to see if any of the risks discussed are of concern to you. "Muni Bonds Time Bomb" Barron's https://www.bogleheads.org/forum/viewtopic.php?f=1&t=239599&newpost=3748296 Lack of diversification of risks is probably the biggest thing wrong wit...
by inbox788
Sun Jan 28, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19363

Re: I bought a stock today - Redfin (RDFN)

I don't care anything about that. I just like to see how people behave if/when the future doesn't work out as planned. Helps me learn without actually going through the experience myself. Like this person: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=203792#p3123585 I'm not sure what there...
by inbox788
Sun Jan 28, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: If you're really rich you're probably not an index-fundi Boglehead
Replies: 61
Views: 10906

Re: If you're really rich you're probably not an index-fundi Boglehead

According to the chart, someone with $10k has a ~$3500 "primary residence." I assume this is a tree house in their parent's backyard. There's no negative net worth tier. Some of the $3500 come from negative equity some homeowners have averaged out with those that have sufficient down payment. For a...
by inbox788
Sun Jan 28, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19363

Re: I bought a stock today - Redfin (RDFN)

climber2020 wrote:
Sun Jan 28, 2018 12:26 pm
No comment, but just posting so I can look this thread up again in 5 years.
Meaningless for performance prediction. Survival bias will skew towards extremes. Who goes back to the old Alta Vista or Excite threads?
by inbox788
Sun Jan 28, 2018 2:49 am
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 2680

Re: How yo choose a college

She is considered an OOS student at UCLA paying OOS tuition. That's okay. We saved for it and we can afford it. UC used to prefer in-state students, and OOS students needed higher grades and test scores, but with all the budget problems, the reverse is now true. OOS students are being accepted with...
by inbox788
Sat Jan 27, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Value investing (BRK-B) inappropriate for retirement income?
Replies: 21
Views: 1534

Re: Value investing (BRK-B) inappropriate for retirement income?

Wow. From one quick search I just did (article from September, 2017): "Over the last decade, Berkshire stock has returned around 132%, almost double the 68% return provided by the S&P 500. That doesn't sound right at all. Look at the chart I posted. I bet they looked at price charts, not total retu...
by inbox788
Sat Jan 27, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 12621

Re: When did the bad news start in 2008?

Thank you again for all the helpful posts. Can someone please point me to a thread that explains how to rebalance or minimize losses when the market start crashing? When asset classes deviate from their target by a certain absolute percentage. For example, if your target asset allocation is 60% equ...
by inbox788
Sat Jan 27, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19363

Re: I bought a stock today - Redfin (RDFN)

You are right Redfin agents produce much more than a typical real estate agent. The average Redfin agents sells 36-40 houses a year. As opposed to a typical real estate agent whom sells 6-7. This means for Redfin to succeed, we'd have to move once every 1-2 years instead of 5-7 years to produce the...
by inbox788
Sat Jan 27, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on 65 year old's portfolio
Replies: 19
Views: 2308

Re: Opinions on 65 year old's portfolio

Both my personal investments and my employer’s retirement plan are with Vanguard so I have been able to use their tools and calculators to view all my investments as a whole. Per Vanguard my AA is 80% tax efficient. Is that reported on Vanguards website? I can't seem to find it. Please point the wa...
by inbox788
Sat Jan 27, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19363

Re: I bought a stock today - Redfin (RDFN)

I consider myself a boglehead... You have had quite the ride over the last 5 years. 2013 was about an underwater rental, fellowship and no savings. 2014-2015 was paying off student loans, saving for kid's college and buying a house (and becoming an attending physician). 2016 you started thinking ab...
by inbox788
Sat Jan 27, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: I got $3 federal refund from my 2017 tax return.
Replies: 10
Views: 1724

Re: I got $3 federal refund from my 2017 tax return.

Sounds Great! Lunch at Mickey Ds' :D OP,if you have trouble thinking of what to do with that windfall, here's a recent thread discussing some ideas. Or you can post "Lunch at Mickey Ds'" or what ideas you're planning and share your ideas. I'm guessing some folks there will be able to use your idea ...
by inbox788
Sat Jan 27, 2018 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Missing cost basis - stock option shares
Replies: 8
Views: 471

Re: Missing cost basis - stock option shares

Do you make charitable donations? Are you still itemizing? I had a few shares with same problem and rather that deal with the accounting uncertainties, I donated them to DAF, got the tax writeoff for the fair market value and didn't have to worry about the cost basis. https://www.fidelitycharitable....
by inbox788
Fri Jan 26, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 49
Views: 5587

Re: M1 Finance - now Free. Great way to rebalance

I've looked into Motif, and while interesting, haven't found it all that useful. All these new investing platforms have a particular slant, but the fees are relatively high compared to 0.05 EF, except in rare situations. The two that standout to me right now with low fees (free) are Robinhood and no...
by inbox788
Fri Jan 26, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 65
Views: 5454

Re: Do we need an emergency supplies kit (go bag)?

This is fascinating, and depressing. I live in a big city, and don't have a car, so there's a limit to how much stuff I can flee with on foot and carrying cats. Or pack in advance. It's not like I can keep my two cats in their carriers, just in case. Here is my big precaution: I always have a pair ...
by inbox788
Fri Jan 26, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Shall I buy LTC - fixed premium universal life insurance?
Replies: 30
Views: 1708

Re: Shall I buy LTC - fixed premium universal life insurance?

My 86 year old aunt is a perfect example of someone who has benifited enormously from her LTC insurance. About 5 years ago she had a stroke that left her bedbound and cognitively impaired. Surprisingly, her overall health is stable and she may live for another 10 years or more. Her monthly nursing ...
by inbox788
Fri Jan 26, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 45
Views: 3456

Re: Amica Increase

Insurance companies have had major losses these past few years. I doubt that you will do better elsewhere for the same product. The thing about AMICA is they provide excellent service. I had State Farm for years and when I finally had a claim on my homeowners it was a real struggle to get them to p...
by inbox788
Fri Jan 26, 2018 2:25 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8515

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I have an iPhone 6 that is running painfully slowly. I went to get the battery replaced and the Apple store guy ran a diagnostic and concluded that my battery was fine; he said I'd only see a tiny increase in performance by replacing the battery. When I asked why then is my phone running so slowly,...
by inbox788
Fri Jan 26, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Accountant Recommends doing Whole Life Insurance
Replies: 64
Views: 5011

Re: Accountant Recommends doing Whole Life Insurance

My accountant recommended me open whole life insurance to save on taxes, this is an advisable strategy? Everything on Bogleheads suggests it's not... Any insight or advice on why he might of recommended it would be helpful. Currently 28, Single, California, 750K 2017 Income (W2/K1). It makes perfec...