Search found 4184 matches

by inbox788
Sun Oct 01, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance with long term care rider
Replies: 6
Views: 707

Re: Life insurance with long term care rider

Does it really make sense to tie the two together? Is the life insurance an additional inheritance or to cover expenses for dependents? If the former, it's a form of wealth transfer and other more cost effective methods are generally available. If the latter, doesn't the use of the LTC leave the dep...
by inbox788
Sun Oct 01, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 252
Views: 61475

Re: My New Car Buying Tips

The one dealership that I hadn't heard from emailed me the 2d day and asked one question... what was the best price received. I told him good question, emailed him the price and he beat it by $750. Not sure how he did it as there can't be a ton of margin on a barebones Mazda3, but he did. I asked i...
by inbox788
Sun Oct 01, 2017 1:17 am
Forum: Personal Consumer Issues
Topic: Waxing my car!
Replies: 48
Views: 4512

Re: Waxing my car!

Lol. I meant 10 days ago. My wife doesn't drive much so the car stays pretty clean I have 15 month old kid so time is precious. Looking for something I can do monthly or every two months I guess. Shiny with least effort is my speed! If you want really shiny, you've got to put in the time. I've come...
by inbox788
Sat Sep 30, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Whole Life question - when to stop making annual payments?
Replies: 16
Views: 1809

Re: Whole Life question - when to stop making annual payments?

What happens to the cash value upon death? My understanding is the cash value goes to the insurance company, so you lose it. Only the death benefit face value is laid. So why would you keep putting money into this at such an age? Exactly. The FIL should have purchased term insurance. There is no su...
by inbox788
Sat Sep 30, 2017 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: New 100K portfolio - which bonds?
Replies: 6
Views: 1135

Re: New 100K portfolio - which bonds?

My rule of thumb is to use VBTLX for bonds. If you have a compelling reason, you might choose something else (like Tax Exempt in taxable if you're in a high tax bracket). But since you have tax deferred space, why not up to 100% bonds (more than your proposed 30) in the tax deferred account and hold...
by inbox788
Sat Sep 30, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Luggage locks
Replies: 15
Views: 1190

Re: Luggage locks

TSA locks are a joke. Usually they're not good locks to begin with, but worse, they only have about 5 keys and the crooks have all of them like the TSA. At best, it's a tamper notice, but if they use a key, you won't even know that. What works better as a tamper alert is a color coded zip tie (and i...
by inbox788
Sat Sep 30, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Whole Life question - when to stop making annual payments?
Replies: 16
Views: 1809

Re: Whole Life question - when to stop making annual payments?

Without the relevant numbers (and a lot of them/all of them), it's going to be hard to come to any rational conclusion, but in general (for a 20 year old policy and 82 year old), I think the answer is "C". What is the expected return (based on the neutral actuarial assumption) of the PUA currently b...
by inbox788
Sat Sep 30, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Waxing my car!
Replies: 48
Views: 4512

Re: Waxing my car!

I never to be a big car wash guy! I used to let the rain wash my car. However I found I enjoy cleaning my wife's car. I cleaned it 10 days with these fancy noodle microfiber mitts and meguiar car soap and it looks great! I don't know much about waxing. Any wax recommendations? Any pitfalls? Brands ...
by inbox788
Fri Sep 29, 2017 12:28 am
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7592

Re: VG using outsourcing to call me & I'm not happy

With a firm like Vanguard, it's possible to verify identity in either direction, because you have common knowledge. "Please give me the three digits after the decimal point of the share balance in my Total Stock Market Index holding." A Vanguard representative and I both have access to my latest st...
by inbox788
Fri Sep 29, 2017 12:08 am
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 9164

Re: Where do you get your news?

Currently I read the Economist, and a bit of Washington Post for breaking news. Thing is, I have recently had several smart people give me the advice to stop consuming news completely. The argument is that: 1) virtually none of it is actionable 2) it makes you unhappy Go cold turkey? Restricting yo...
by inbox788
Thu Sep 28, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7592

Re: VG using outsourcing to call me & I'm not happy

Should we require Vanguard (or any other financial institution) to verify their identity whenever they call us? :P Yes, but how? The crooks have all our personal information from Equifax and they can easily find common answers from Vanguard. Unless you have previously setup code phrases, it would b...
by inbox788
Wed Sep 27, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 59
Views: 11360

Re: Capital One -- Again!

I left because their web site got to confusing. I had to click on 5 buttons just to try to log into my account. I think it's down to 2 or 3 now, but still a hassle. Plus all the new fangled stuff just makes the site slower not better. And their apps are a work in progress. In fact, the entire bank i...
by inbox788
Wed Sep 27, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: I'm shocked! [Mother 100% in bonds and annuities]
Replies: 67
Views: 6838

Re: I'm shocked!

Fundseeker...You are correct, my mom wants me involved now. We are doing just what you suggested. We will try to get all her accts together and see what's up. We will start to condense all her accts as they come due (Her idea). Seems like it's all in 5 year bonds coming due at all different times. ...
by inbox788
Wed Sep 27, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Should I keep a term life policy I don't need if it has a positive expected value?
Replies: 34
Views: 2781

Re: Should I keep a term life policy I don't need if it has a positive expected value?

If you outlive the term of the policy, you get $0. What kind of "investment" is that? In order for the OP to collect that $60K, he needs to pay not only the yearly premium, but also die. I call that a pretty big payment! :oops: Personally, I am further ahead by paying the premiums and still be livi...
by inbox788
Wed Sep 27, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7592

Re: VG using outsourcing to call me & I'm not happy

Out of context question, but seriously how are we supposed to vote? I know no names, and have no idea who are these people and i don't care to know any of them!! You didn't get the 162 booklet and read it cover to cover? I got 2 copies if you need one and countless emails about it from various acco...
by inbox788
Wed Sep 27, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7592

Re: VG using outsourcing to call me & I'm not happy

So did you vote then? I submitted my votes online the other day for both mine and my wife's accounts. I think VG is getting desperate to get enough voter turnout. I think if everyone voted then they wouldn't have to outsource. How often do they do this voting thing? Is it simply normal business dur...
by inbox788
Tue Sep 26, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 10801

Re: Retirees, what is your marginal tax rate?

We're in the 39.5% bracket, plus 11% or so California tax. Will be in this bracket indefinitely. Same bracket as when I retired. Have looked at all the ways to finesse this lower; not gonna happen. This largely from accumulating a large 401k, with its attendant rmd's. I hope to have your problem......
by inbox788
Tue Sep 26, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: Car Lease break
Replies: 12
Views: 1333

Re: Car Lease break

I once sold a car that I was leasing to CarMax. I had to pay the difference berween their offer and what the lease buyout value was (i.e., Carmax offers $10,000 and the buyout is $11,000, for example). If that difference is less than the remaining payments on the lease, then it might be worth it. T...
by inbox788
Tue Sep 26, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep a term life policy I don't need if it has a positive expected value?
Replies: 34
Views: 2781

Re: Should I keep a term life policy I don't need if it has a positive expected value?

Life insurance is not an investment. It is a way to cover your risks. Very few people will collect on it, but those who do "need it" to help get over the crisis they are in. IMO, positive expected value makes it an investment. Does it have a greater expected value than the alternative investment? I...
by inbox788
Tue Sep 26, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Car Lease break
Replies: 12
Views: 1333

Re: Car Lease break

Post on craigslist. I see these all the time from military personnel. :wink:

Seriously, what city? What are the lease terms and cost? Which trim level? How many months/miles left?

http://www.leasetrader.com/
http://www.swapalease.com/

You could also see how much Carmax will offer.
by inbox788
Tue Sep 26, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 64
Views: 15037

Re: Alternative to Google Finance?

I like Yahoo Finance, it's not too shabby :shock: I left Yahoo because it became horrible! :oops: Few times I've gone back, hasn't improved. IMO I'm tracking some holdings via a Google Sheets spreadsheet. I wonder if that's being taken down as well. https://business.tutsplus.com/tutorials/how-to-tr...
by inbox788
Tue Sep 26, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 74
Views: 5135

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

Mileage is better / tires and brakes last longer / easier to work on - I do my own work for the most part / less to break. I have had both CRV's now for 4+ years but it would apply to any choice in AWD/4WD vs 2WD vehicles that are otherwise the same. If I needed it I would buy it otherwise I am bet...
by inbox788
Tue Sep 26, 2017 3:04 am
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6392

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

Thanks for all the insights. I'm going to go sit this year out with the below portfolio. 25% Long Term Treasury (VUSTX) 25% Intermediate Bonds (VFITX ~100% Int Term Treasuries) 15% TIPS (VIPSX) 15% US Stock Market (VTSMX) 15% Intl Developed (VDVIX) 05% Emerging Markets (VEIEX) Also, I am 34, but I'...
by inbox788
Mon Sep 25, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 74
Views: 5135

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

That is a good point. I saw someone in a motor home on the highway last weekend with a CRV in tow. I didn't notice the drive. Lot's of people tow a "dingy" behind their land yacht. I don't think it's a matter of FWD vs 4WD when it comes to towing. Older CRVs were approved for flat towing (limited h...
by inbox788
Mon Sep 25, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: IOS 11: Anybody using it yet?
Replies: 48
Views: 4663

Re: IOS 11: Anybody using it yet?

I put it on my 5s and it works fine. I was going to wait a bit, but seeing this thread made me impatient so I loaded it up on my 5s and it's working fine too. There's some issue about wireless not turning off completely, but I haven't encountered it yet. Biggest change I noticed so far is the new c...
by inbox788
Mon Sep 25, 2017 12:27 am
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 87
Views: 7129

Re: Tipping question....Applebees

2010 article about this topic. http://articles.latimes.com/2010/aug/03/business/la-fi-lazarus-20100803 A spokeswoman for MasterCard said don't blame the card companies. She said the recommended tips are either put there by the establishment or by the card processor. The main thing to realize is tha...
by inbox788
Sun Sep 24, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 2035

Re: Is it a good time to buy Apple Stock on 9/23?

Yes, AAPL has been going up for years and will keep going up sky high! No, after product announcement comes out, their stock usually drops ("Sell the news event"). Maybe... Seriously, just buy an age appropriate Target Date at Vanguard or similar and you're 98% there. You can tweak the last 2% as ne...
by inbox788
Sun Sep 24, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 43
Views: 3704

Re: What's the purpose of having a child's name on a deed?

What state? How was the home titled before? And how will it be after? We're all looking for something more simple than probate, and want to avoid probate (time, costs, etc.) when possible, thinking adding a name on a deed achieves this purpose, and it does to some extent, but often transfers much mo...
by inbox788
Sun Sep 24, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 74
Views: 5135

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

You might resell it faster and for more later with AWD. If you had to get somewhere in PA in the snow it would be nice to have. Same with mountain dirt roads in AZ. If say you stop in Colorado to go skiing you'd probably want it. I assumed OP was going to garage the car in winter and not drive cros...
by inbox788
Sat Sep 23, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: 3-Fund Portfolio with Option Volume
Replies: 8
Views: 1075

Re: 3-Fund Portfolio with Option Volume

Today, with the market at all-time-highs and volatility at all time lows, you're still looking at $1,000 of yearly income for every 100 shares of SPY (4.22% on top of whatever gains you get, minus commissions, minus any time you blow through the strikes (although you could just roll until you are r...
by inbox788
Fri Sep 22, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: Set up a "reverse auction" to get a deal on buying a car
Replies: 32
Views: 2784

Re: Set up a "reverse auction" to get a deal on buying a car

While I didn't do a reverse auction as such I did something similar for the one and only new car I ever bought in my life (it was for my wife at the time as I stick to used for myself). Anyway my experience was many dealers were not particularly responsive to bargaining over the internet (a lot spe...
by inbox788
Fri Sep 22, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5657

Re: $3.6 million at age 25 - need investment advice

He is going to lose about 50% of this windfall in taxes. He is going to end up with a little less than $2M to last him 40 years until SS kicks in. He has a very nice windfall but I think it is hasty to suggest he has already "won the game". OP: you seem like you have a good attitude about this. It ...
by inbox788
Fri Sep 22, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: long term care
Replies: 5
Views: 698

Re: long term care

What a coincidence. Yesterday a salesman called on me pitching a universal life policy with long term care rider. First time I've come across that one. Neither is all that appealing alone, so combining 2 so so products doesn't seem to much sense. Am I missing something? Anyone here mix up their LTC ...
by inbox788
Thu Sep 21, 2017 11:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 112
Views: 12434

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

When my Mom died & I inherited her life insurance policy, I put the whole thing in the High Dividend Yield Index Fund & Dividend Appreciation Index Fund. I promised her that I would never touch the principal, but I could use the dividends. 45% High Dividend Yield Index Fund. 45% Dividend Appreciati...
by inbox788
Thu Sep 21, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 25429

Re: I won the Lottery. Need sound advice.

Assuming you take teh lotto in a lump sum, I think a good tax accountant could help for this year. for instance maybe you want to max out your 401k's and any other possible tax deductions. And I recommend stop playing the lottery. You can literally quite while you're ahead. I'd look into the tradeo...
by inbox788
Thu Sep 21, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Would you get flood insurance?
Replies: 25
Views: 1570

Re: Would you get flood insurance?

So I live in Houston and my house did not get flooded during Harvey. The water didn't even come up the drive-way. I'm debating on getting flood insurance. I'm not in a flood zone (apparently i'm in the 500 year flood zone according to the county). Would you get flood insurance now even though your ...
by inbox788
Thu Sep 21, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Time for a new laptop?
Replies: 46
Views: 2528

Re: Time for a new laptop?

Would also be helpful to know how the system is used. If all I did was browsing and very simple "office type" work I would look seriously at a Chromebook and do all the office work in the cloud. OP, you may not need to buy a new laptop or Chromebook. Give free Home Cloud Ready live USB a try on you...
by inbox788
Tue Sep 19, 2017 4:15 am
Forum: Personal Consumer Issues
Topic: New or used Lexus ES300h?
Replies: 25
Views: 2607

Re: New or used Lexus ES300h?

Didn't see or missed if anyone commented about hybrid repair expertise, parts availability and costs. Do you have a mechanic that can figure out things? Are you going to DIY? The experience in ICE cars is generally good, but lower volume cars have harder time finding some parts. The hybrid part mak...
by inbox788
Tue Sep 19, 2017 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2389

Re: Donor Advised Fund: Am I thinking about this correctly?

Yes, donate the shares if you can to further reduce your tax liability.
by inbox788
Sat Sep 16, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Pension - 5 Year Certain and Life ?
Replies: 14
Views: 1065

Re: Pension - 5 Year Certain and Life ?

We just went through this process when my wife chose to retire from her hazard duty position. When we ran the numbers, give our situation/ages, the 100% spousal/survivor option, from a mathematical and emotional perspective, was the clear winner I would urge you to run the numbers carefully. Best o...
by inbox788
Sat Sep 16, 2017 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Help With Asset Allocation - 7 years to retirement
Replies: 10
Views: 1518

Re: Help With Asset Allocation - 7 years to retirement

My AA has been overweight equities for some time (good problem to have IMO, since I'm ahead of schedule due to higher than projected returns). Rather than make a rebalance, I've been adding more to bonds and letting the equities overweight ride with mostly good results (i.e. higher risk). Things got...
by inbox788
Fri Sep 15, 2017 11:43 pm
Forum: Personal Consumer Issues
Topic: New or used Lexus ES300h?
Replies: 25
Views: 2607

Re: New or used Lexus ES300h?

Didn't see or missed if anyone commented about hybrid repair expertise, parts availability and costs. Do you have a mechanic that can figure out things? Are you going to DIY? The experience in ICE cars is generally good, but lower volume cars have harder time finding some parts. The hybrid part make...
by inbox788
Fri Sep 15, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: Repair 2003 Honda Accord?
Replies: 26
Views: 1876

Re: Repair 2003 Honda Accord?

I am wondering whether I should spend $1700 to replace front CV assemblies, lower control arms, outer tie rod, rack assembly. The Accord has 206K miles a lot of it highway miles. I am not wanting to buy a brand new Accord becaude I think I can put another 100K miles on it. Any thoughts? You could s...
by inbox788
Fri Sep 15, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: The true cost of Luxury
Replies: 32
Views: 3957

Re: The true cost of Luxury

The top-20 universities know all this oh so well. Talk about domination! That I disagree with. Many jobs open up saying "top 20 university graduates apply", because their admissions process is stricter, more demand while supply of seats for incoming students is lesser. You might be right that quali...
by inbox788
Fri Sep 15, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Pension - 5 Year Certain and Life ?
Replies: 14
Views: 1065

Re: Pension - 5 Year Certain and Life ?

I wouldn't bother. Compare to cost of buying a 5 year term life insurance policy to cover the payments. Should be similar.

Address needs separately as far as you can.
by inbox788
Fri Sep 15, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Average American Net Worth is $534,600?
Replies: 15
Views: 2957

Re: Average American Net Worth is $534,600?

If we counted negative net worth, wouldn't the average be zero? Accounting was never my strength. I could never balance assets and liabilities, and didn't understand where goodwill came and went. Where does NET net worth come from and where does it go? I get that if I find a $100 bill or I work and ...
by inbox788
Fri Sep 15, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: Can not decide between washing machines
Replies: 47
Views: 2899

Re: Can not decide between washing machines

My LG came with hoses, even though online store made me buy extra set. Besides losing 3 cycles you probably never or seldom use, what else do you lose by going with a 9-cycle model? The $650 brings the cost closer to the others. https://www.lowes.com/pd/LG-TWINWash-Compatible-4-5-cu-ft-High-Efficien...
by inbox788
Mon Sep 11, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Should I sell a car to simplify?
Replies: 16
Views: 1194

Re: Should I sell a car to simplify?

Thanks all, sounds like the Corolla is gonna be sold. My wife will not drive the Pilot. Even though it drives quiet and IMO is dependable, she hates how the doors swing out, and prefers the compactness of the Mazda and sliding doors. I agree it is definitely a nuisance to have so many cars around a...
by inbox788
Mon Sep 11, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 9181

Re: For those planning early retirement....

Also there has been a ten-year bull market. A lot of financially independent people who live on a tight budget might not be financially independent after a market crash. Today's 1% move probably pulled forward my early retirement date 2-3 months (think 4% SWR = 1 year, so 1% = 3 months). For younge...
by inbox788
Mon Sep 11, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 232
Views: 32534

Re: 2017 hedge fund contest

FYI: In case you haven't been paying attention like me, I just noticed AAPL is up 40% YTD. Not a popular choice amongst the amateur hedge fund managers here. Don't know if this is the same predilection among professionals, but it's well represented in the index funds and popular with the public inve...