Search found 60079 matches

by livesoft
Wed May 16, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2174

Re: Why this problem never gets fixed

Have you ever run your own business? Every.single.time that an item is thought about or touched, it costs money. The more people that think about the item and the more people that touch the item, then the more it costs. Stop people from thinking about the item and stop people from touching the item ...
by livesoft
Wed May 16, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade - Free Trades - ?How To?
Replies: 12
Views: 638

Re: TDAmeritrade - Free Trades - ?How To?

Go sit across the desk of the person in the local TDAmeritrade office that you are supposed to deal with. Discuss your mutual future in a friendly way. Free trades flow accordingly. Most of the free trades they gave me expired unused. You might even read "How to Win Friends and Influence People" by ...
by livesoft
Wed May 16, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + MMF vs. online credit union
Replies: 22
Views: 1206

Re: Fidelity CMA + MMF vs. online credit union

So you are opening yet another set of accounts? Doesn't sound like simplification to me.

Simplification would be to put everything at Bank of America and use the Merrill Edge investment thing.
by livesoft
Wed May 16, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Fellow non-529ers
Replies: 43
Views: 2848

Re: Fellow non-529ers

^Then it is sort of wasted in a tax-managed balanced fund. Go for 100% equities in taxable for the tax-efficiency.
by livesoft
Wed May 16, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7531

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Find another respected friend who says, "Stock market will go up over time since it always does. Invest in stocks." Then decide which one to believe and prove it by putting your money where your belief is.
by livesoft
Wed May 16, 2018 6:12 am
Forum: Personal Consumer Issues
Topic: General Delivery
Replies: 6
Views: 844

Re: General Delivery

The video I linked has complete information about general delivery for non-hikers.

You can practice: Mail yourself a package.
by livesoft
Wed May 16, 2018 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Fellow non-529ers
Replies: 43
Views: 2848

Re: Fellow non-529ers

The main problem I see with what the OP is doing: They are sequestering money away for college for their children as both a separate investing and separately mentally. If they are not going to use a 529 plan, then they should just have one portfolio asset allocation invested tax-efficiently. That wo...
by livesoft
Wed May 16, 2018 5:20 am
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Advisors Transfer On Death (TOD)
Replies: 19
Views: 1340

Re: Wells Fargo Advisors Transfer On Death (TOD)

The same 2 advisors have worked with other family members for years and have been well respected by some....so same people are "handling" the TOD. Can you get other family members to intervene and threaten to move their money? The threat to move may not bother an advisor who is leaving Wells Fargo....
by livesoft
Wed May 16, 2018 5:16 am
Forum: Investing - Help with Personal Investments
Topic: Model ETF portfolios
Replies: 9
Views: 661

Re: Model ETF portfolios

OK, those are reputed outlets, but not reputable outlets. So one should not use them to construct a portfolio. So the question should not even come up. May I ask if you are serious? Are you really considering basing a portfolio off of something you read in Kiplinger or Seeking Alpha? If so, how woul...
by livesoft
Wed May 16, 2018 5:05 am
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Advisors Transfer On Death (TOD)
Replies: 19
Views: 1340

Re: Wells Fargo Advisors Transfer On Death (TOD)

I'm one of the viewers of this thread. I would not be surprised if there have been a lot fo employees leaving Wells Fargo, so that your issue simply falls to the next person who is new and doesn't know what to do. I would not be surprised if the "advisor" is looking for a new job, too. You did not s...
by livesoft
Wed May 16, 2018 4:57 am
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 5967

Re: Neighbor wants to use our land temporarily - let them or not?

Yes, I would not hesitate to do so and I wouldn't care at all about liability issues. livesoft -- I take it this is your stance regardless of the hurricane aspect, is that right? Or is part of the good neighbor policy a function of the hardship the neighbor has endured as a result of Irma? Just cur...
by livesoft
Wed May 16, 2018 4:56 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7531

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

What predictions did this person make in 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017? How many of their predictions were completely wrong?
by livesoft
Tue May 15, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Requesting to go part time - negotiating strategies
Replies: 30
Views: 2568

Re: Requesting to go part time - negotiating strategies

rcjchicity wrote:
Tue May 15, 2018 8:07 pm
My thoughts for answering the "will you quit" question is something vague along the lines of "I would need to deliberate that question with my family's input, but all potential options would be under consideration".
That's a legit answer. Perhaps, the same as "Honestly, I don't know."
by livesoft
Tue May 15, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Having trouble deciding what to do with my fixed income allocation
Replies: 2
Views: 602

Re: Having trouble deciding what to do with my fixed income allocation

Nobody can predict the future, so your quest to tune up the bond side with "better options" is something that you cannot really fulfill. Once you realize that it won't really matter, then you can do anything you want to. About the only thing you can do is use low-expense-ratio, passively-managed ind...
by livesoft
Tue May 15, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Advice for first time homebuyer
Replies: 12
Views: 991

Re: Advice for first time homebuyer

You already know where the main water shut-off valve is, right? And how to use it?
by livesoft
Tue May 15, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvest Total Bond Market Fund (VBTLX)
Replies: 8
Views: 1278

Re: Tax Loss Harvest Total Bond Market Fund (VBTLX)

Since the pre-2012 shares are average cost, then you know the cost basis. You don't need to know anything about the individual lots since you would be selling all those pre-2012 shares. The 1099B will be legit. It will probably import into tax software with "Date Acquired" of "Various Long", so that...
by livesoft
Tue May 15, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 5967

Re: Neighbor wants to use our land temporarily - let them or not?

And I wouldn't care about tire marks, restoration, or any of that either.
by livesoft
Tue May 15, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 5967

Re: Neighbor wants to use our land temporarily - let them or not?

Yes, I would not hesitate to do so and I wouldn't care at all about liability issues.
by livesoft
Tue May 15, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Requesting to go part time - negotiating strategies
Replies: 30
Views: 2568

Re: Requesting to go part time - negotiating strategies

Anytime you can do the same work for half the price, your employer will probably go for it. :) As for responding to the question about "will you quit?" I would just say "That's not a fair question, so I won't answer it." Since your immediate supervisor moved on, your employer has that slot to fill w...
by livesoft
Tue May 15, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvest Total Bond Market Fund (VBTLX)
Replies: 8
Views: 1278

Re: Tax Loss Harvest Total Bond Market Fund (VBTLX)

What is the Cost Basis Method for these pre-2012 shares? And the post-2011 shares? Which brokerage holds these shares?
by livesoft
Tue May 15, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Rent Car before Buying
Replies: 19
Views: 1207

Re: Rent Car before Buying

Well, you will just have a take a week vacation in an area that does have the car for rent then.
by livesoft
Tue May 15, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: sharing cars with two kids home from college?
Replies: 25
Views: 1459

Re: sharing cars with two kids home from college?

I told my kids to make their own transportation arrangements. They could 1. Ride bikes. 2. Bum rides from friends. 3. Ask to use our cars. 4. Chauffeur us to places we wanted to go, then pick us up later. 5. Ask to be dropped off while we kept the car. 6. Public transportation. 7. Uber / Lyft 8. Car...
by livesoft
Tue May 15, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: Rent Car before Buying
Replies: 19
Views: 1207

Re: Rent Car before Buying

Did you do an internet search with term "Rent A Subaru Outback" or "Rent a Highlander" or "Rent a ...." instead of just looking at some rental car web sites?
by livesoft
Tue May 15, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 27
Views: 1457

Re: Would you be willing to temporarily change your AA?

DW and I have adopted the Boglehead three-fund portfolio and have an 80/20% AA currently. Let’s say If a significant market correction happened, would it make sense to sell the 20% bond fund (or part of it) that we have and buy all equities at the bargain basement prices? If equities dropped 50%, t...
by livesoft
Tue May 15, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 79
Views: 6837

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Don't look now then because BND is trading down more than 0.4% today! ;) That means that if one rebalances into VBTLX today, then they will outperform VBTLX for 2018 by about 2.75%. That's simply Amazing! to be able to outperform a bond fund by that amount with a similar bond fund. BTW, bond funds l...
by livesoft
Tue May 15, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 10397

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

Another possibility is to buy Treasuries paying 2% and get a job side hustle that pays the other $30-60,000 a year, so that after-tax one clears $40-60,0000 with no risk.
by livesoft
Tue May 15, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Advice for first time homebuyer
Replies: 12
Views: 991

Re: Advice for first time homebuyer

keep the bathrooms clean even if it requires that you hire maids.
by livesoft
Tue May 15, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Grand Canyon or other Nat'l Park in October?
Replies: 44
Views: 2308

Re: Grand Canyon or other Nat'l Park in October?

One thing to consider on the Rim to Rim hike is the distance and driving time for the shuttle from one Rim to the other. It's about 250 miles and takes over 5 hours, so that's a day of your time either at the beginning or the end of the hike. Real hikers can do the hike in a day, but the rest of us...
by livesoft
Tue May 15, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Three fund portfolio performance
Replies: 31
Views: 3920

Re: Three fund portfolio performance

Since June 1, 2017 the Vanguard LifeStrategy Moderate Growth fund with its 60/40 asset allocation has a performance through yesterday of about 8.6%. And June 2017 was a month where things went no where, so investing on just about any day in June 2017 would have ended up with 8.6% yesterday. That's a...
by livesoft
Tue May 15, 2018 5:28 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 10397

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

OP also asked for "after tax" return.

Also OP asked for "Principle protected" and not principal protected, so OP could just spend down the $1,000,000 for the next 20 to 30 years quite safely without risk.
by livesoft
Mon May 14, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Sell/Wait to meet desired allocation in Fido taxable
Replies: 9
Views: 474

Re: Sell/Wait to meet desired allocation in Fido taxable

I would sell now since they have only been held a month and get to where you want to be.

As for any short-term gains: I think you can pretend that you got a great return in an online savings account which would've cost you income taxes on the interest anyways.
by livesoft
Mon May 14, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Moving brokerage account established for minor
Replies: 3
Views: 226

Re: Moving brokerage account established for minor

One way to do it: Simply try to move it and see what happens. Contact Vanguard to send WF the forms.
by livesoft
Mon May 14, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Bed Bugs
Replies: 39
Views: 3760

Re: Bed Bugs

Personally, I think you are paying because of fear. I'd do-it-yourself first for under $100.

Can you figure out how bed bugs got into the house in the first place?
by livesoft
Mon May 14, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Did you go 100% Cash-FDIC in 529 at HS graduation or before?
Replies: 13
Views: 1092

Re: Did you go 100% Cash-FDIC in 529 at HS graduation or before?

Nope, never. My youngest graduates with his B.S. this week, still has money in his 529 plan, and it is only about 50% cash. Master's degree beckons.
by livesoft
Mon May 14, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Should I decrease my international exposure?
Replies: 8
Views: 879

Re: Should I decrease my international exposure?

I would not. But I have an even higher allocation to international. I'm ahead of benchmarks, so I got no complaints.

But c'mon! How can anyone answer that question for you? Maybe if they gave you the secret link to Portfolio Visualizer - The Future Edition, then I would give them more credence.
by livesoft
Mon May 14, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: Ratio of car repair cost to car's value?
Replies: 17
Views: 1379

Re: Ratio of car repair cost to car's value?

I always used "future use" rather than your ratio. For instance, if I thought I could get another 25,000 miles out of a repair, I might spend $2,500.

You might figure you cost-per-mile over the past 10 years and use that instead of 10 cents a mile or whatever.
by livesoft
Mon May 14, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help transition from (complex) financial advisor portfolio to simpler portfolio
Replies: 2
Views: 349

Re: Help transition from (complex) financial advisor portfolio to simpler portfolio

So selling assets in the taxable account is the main thing to think about because the other accounts need no thinking. For each asset in taxable, you need to figure out the cost basis, gain or loss , whether short- or long-term (or both), and commission to sell. Then you can create a plan of selling...
by livesoft
Mon May 14, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Bicycle insurance? when you're in the roadway like a car
Replies: 38
Views: 3090

Re: Bicycle insurance? when you're in the roadway like a car

I suppose they/we can still be the subject of a lawsuit.
by livesoft
Mon May 14, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2008

Re: Military Retirement Direct Depost hijacked?

Wow. Thanks for the update. I suppose no one will actually go after the perp. They probably did a handful of these re-directs.

You saw what was reported by Mexican banks today.
by livesoft
Mon May 14, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market ETF vs. Vanguard Total Stock Market Index Fund Admiral Shares
Replies: 7
Views: 984

Re: Vanguard Total Stock Market ETF vs. Vanguard Total Stock Market Index Fund Admiral Shares

dcr1984 wrote:
Mon May 14, 2018 11:22 am
Forgive the beginner's question but if there a significant difference between investing in the Total Stock Index fund vs the ETF?

Thanks!
No. There is no significant difference. There are only very minor differences.
by livesoft
Mon May 14, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance - all blue chip - now what?
Replies: 12
Views: 1819

Re: Inheritance - all blue chip - now what?

Livesoft - can you please elaborate for me your statements above regarding how to create less tax? Sure. 1. Study IRS Publication 17 and 550 as well as a few others. 2. Understand how to fill out Form 1040, Schedule B, Schedule D, and other personal tax forms. Understand how they interact with each...
by livesoft
Mon May 14, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Help with balancing moving into bonds
Replies: 2
Views: 376

Re: Help with balancing moving into bonds

Since you can buy VBTLX in your 401(k), that's what I suggest you do. Today is not a bad time to buy a total bond index fund. Today I actually have submitted a limit order to buy shares of an ETF of such a fund. So what's the problem? Either you submit an order or you don't. You can exchange from an...
by livesoft
Mon May 14, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 6972

Re: Is there a boglehead muscle car?

I think it's a Tesla with Ludicrous Speed.

I suppose one day somebody will put a Mustang body on a Tesla frame.
by livesoft
Mon May 14, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance - all blue chip - now what?
Replies: 12
Views: 1819

Re: Inheritance - all blue chip - now what?

We see on the forum quite often where people who inherit a stock portfolio do not sell all stocks after a step-up in basis occurs and then later they want to move to a passively-managed, low-expense ratio index fund portfolio. Those beneficiaries then have a helluva time figuring out gains and losse...
by livesoft
Sun May 13, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: Inexpensive and comfortable outdoor patio furniture
Replies: 7
Views: 743

Re: Inexpensive and comfortable outdoor patio furniture

Comfort is so subjective that I don't see how anyone can advise you. In our area "Chair King" is the store for outdoor furniture. Do you have one in your area that you can go try out comfort? Our patio furniture is almost 25 years old. The sling chair material has been replaced twice and the aluminu...
by livesoft
Sun May 13, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA from Brokerage to Bank CD
Replies: 8
Views: 443

Re: Inherited IRA from Brokerage to Bank CD

It does not have to remain at a brokerage, but ....

Brokerages have CDs that are competitive to bank CDs.

Getting an RMD amount annually out of a CD is rather difficult don't you think?
by livesoft
Sun May 13, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5319

Re: Are bonds really needed - why not 100% stocks?

There are many time periods of up to 25 years in length when bonds outperformed stocks over those periods. Thanks for the reply. Could you please let me know when those periods were? Please read "Nonprofit Asset Management" by Rice, DiMeo, and Porter. See Exhibit 2.10. One example: September 1980 t...
by livesoft
Sun May 13, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5319

Re: Are bonds really needed - why not 100% stocks?

There are many time periods of up to 25 years in length when bonds outperformed stocks over those periods.
by livesoft
Sun May 13, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2008

Re: Military Retirement Direct Depost hijacked?

I would not be surprised if this was nothing more than an address change for the bank. Or even maybe a name change: Big Bank, NY -> Big Bank, N.A.