Search found 7954 matches

by tibbitts
Thu Aug 30, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: 1st time dad, OK to use willmaker software?
Replies: 37
Views: 3326

Re: 1st time dad, OK to use willmaker software?

Remember to complete the other estate documents as well, which are included in Willmaker if you go that route. They can be just as important as a will. An attorney will usually prepare all the documents as part of a package of services.
by tibbitts
Thu Aug 30, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: 1st time dad, OK to use willmaker software?
Replies: 37
Views: 3326

Re: 1st time dad, OK to use willmaker software?

This question has been asked here many times, and you will probably not find universal agreement on how best (or, let's say, most Boglehead-ish) way to prepare a will or, or whether you need a trust. Ultimately it depends on personal circumstances - the people you'll designate to care for you child,...
by tibbitts
Wed Aug 29, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Local community is offering a class on Saving for Retirement
Replies: 11
Views: 568

Re: Local community is offering a class on Saving for Retirement

My guess is that the class will be taught by a local broker or financial advisor who is trying to get clients. I would bet a lot of money that this is absolutely the case. One of my closest friends, an uber successful "financial planner," does this type of thing for free all the time; in fact, I am...
by tibbitts
Wed Aug 29, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: Tax consequence of BND really that bad in taxable?
Replies: 24
Views: 2192

Re: Tax consequence of BND really that bad in taxable?

Taxes aside, what’s the average return difference between BND and, say, an Internediate Treasuries fund? And does the tax break fully make up for it? You do realize that the Treasury fund only differs in that a higher percentage of its income would be exempt from state tax, correct? The way you pos...
by tibbitts
Wed Aug 29, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: 2018 August - Dollar Cost Averaging vs LumpSum of 420k
Replies: 39
Views: 2949

Re: 2018 August - Dollar Cost Averaging vs LumpSum of 420k

Hi Bogleheads, Respawning a dead horse that has been washed, dry cleaned, destroyed and annihilated several times in this forum. But you know, we live in extraordinary times (its 2018 and its 8 years since a recession), so wanted to bring up this topic once again. I just received a windfall of 420k...
by tibbitts
Wed Aug 29, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Wills and children
Replies: 25
Views: 2906

Re: Wills and children

Your daughter sounds like a wonderful person. As a parent I would not go along with that plan if I had any reasonable alternative. She is already out of the house, living far away, so the family is not together as it is. I would of course look to keep the two younger children together, but would ho...
by tibbitts
Tue Aug 28, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Pensions and retirement savings rate
Replies: 30
Views: 2604

Re: Pensions and retirement savings rate

I am curious of your thoughts on the relationship between pensions and retirement savings. I have descided on using a 15% savings rate for retirement saving. My new government job has a pension (DB) that takes about 10% from each of my paycheck. Do you think I should only save an additional 5% to m...
by tibbitts
Mon Aug 27, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 47
Views: 4274

Re: Shingrix [Vaccine availability]

Turbo29 wrote:
Mon Aug 27, 2018 7:29 pm
I understand the Shingrix shot is recommended even for those (like myself) who have received the Zostavax shot. Will insurance cover it if they have already covered the other shot?
Mine did - well they would cover the second Shingrex if I could get it.
by tibbitts
Mon Aug 27, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 47
Views: 4274

Re: Shingrix [Vaccine availability]

Is there any positive effect in restarting with the first if you can't get the second shot, assuming they are different? Any harm in taking an infinite number of the first shot? The first and second shots are identical. The second shot should be given between two and six months after the first one....
by tibbitts
Mon Aug 27, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1194
Views: 99273

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Based on credit suisse https://publications.credit-suisse.com/tasks/render/file/?fileID=B8FDD84D-A4CD-D983-12840F52F61BA0B4 From 1900-2016, world_US average return is 2.1% behind US. I think as a long-time investor, it is absolutely ok to only buy domestic market. If people think of some big risk (...
by tibbitts
Sun Aug 26, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 47
Views: 4274

Re: Shingrix [Vaccine availability]

Is there any positive effect in restarting with the first if you can't get the second shot, assuming they are different?

Any harm in taking an infinite number of the first shot?
by tibbitts
Sun Aug 26, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5769

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

So nothing we say here will apply since the answer will entirely depend on where you'll invest and where you'll live. That is a bit of a downer of a remark to me, but maybe its somewhat true and I take it in the best spirit, however I am interested in how people make decisions and partition what th...
by tibbitts
Sun Aug 26, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: 28 year's old with no retirement savings.
Replies: 31
Views: 3291

Re: 28 year's old with no retirement savings.

Welcome to the forum! I am new here so I will let some of the seasoned experts answer, however, some information that will help some of the board answer correctly: Questions: How much catch up will I need to make moving on into the future? Will this catch up require me to be more aggressive in my i...
by tibbitts
Sun Aug 26, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Driving as a side gig, not Uber/Lyft/taxi, in my spare time
Replies: 18
Views: 1563

Re: Driving as a side gig, not Uber/Lyft/taxi, in my spare time

Everybody does realize the Town Car has been extinct for years, correct? Certainly "high-end" transportation and a seven-plus-year-old car that's driven daily don't typically mix.
by tibbitts
Sun Aug 26, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5769

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

Hi there, What would you do with a cash pile of $3.5M at age 63 with 18 months more of further working income. Ignore any future SS payments and private pensions. Only other assets are $1.5M in (non-home) properties and $400,000 in a simple 60/40 BH portfolio. Overall need is to fund retirement wit...
by tibbitts
Sun Aug 26, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 74
Views: 7747

Re: Marriage [How should finances be handled?]

Me and wifey are a team. There's no such thing as "my money" or "her money". It's all OUR money. Of course, some accounts are in my name, and some in her name, but doesn't matter. We're a team. Married for 24 years. Not a single money argument, ever. Good luck man. That worked for my parents too. T...
by tibbitts
Sat Aug 25, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: VRBO (or equiv) or RV to see America?
Replies: 12
Views: 1491

Re: VRBO (or equiv) or RV to see America?

Also, I don’t think most RV parks allow you to leave your animals unattended....like if you want to go sightseeing, you can’t just leave them in your RV while you’re gone... Policies do vary, but it's not uncommon for pets to be left alone during the day, particularly where they can survive without...
by tibbitts
Sat Aug 25, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Certified Advisors: New? Young? Okay? Please Help!
Replies: 52
Views: 3214

Re: Vanguard's Certified Advisors: New? Young? Okay? Please Help!

So, if we all demand old, experienced advisers, the question becomes how will anyone ever become an old, experienced adviser? Basically when the crusty old advisers die off, there will by definition be no more advisers. These old-timers will have gained experience advising people with lesser standar...
by tibbitts
Sat Aug 25, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Former Kaspersky user, PCMATIC?? or what as a replacement?
Replies: 23
Views: 1471

Re: Former Kaspersky user, PCMATIC?? or what as a replacement?

Tks for replies, after trying a few by running deep scans, I have settled on AVG free version with my trial of Malwarebytes running also. AVG scan ran 4 times as long as Avast. It picked off 2 issues. I also discovered Win 10 has an onscreen keyboard that allows you to click the mouse to enter data...
by tibbitts
Sat Aug 25, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: VRBO (or equiv) or RV to see America?
Replies: 12
Views: 1491

Re: VRBO (or equiv) or RV to see America?

DW and I are planning to see the country, with our 2 dogs , in one month long excursions (3 or 4 a year) starting in 2-3 years, assuming FIRE. I've scoured the RV postings and think that is the way to go (in a larger class b or smaller class c... probably in an LTV or Pleasureway). DW would prefer ...
by tibbitts
Sat Aug 25, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to move from Dividend stocks to Growth stocks seeking your guidance please
Replies: 7
Views: 942

Re: Trying to move from Dividend stocks to Growth stocks seeking your guidance please

Request your guidance please: I am looking at moving (about half my portfolio) over a period of next few years from a portfolio of Dividend stocks to Growth stocks (as the dividend stocks are lagging in total growth). I have these stocks both in my IRA and Taxable accounts (my IRA and Taxable accou...
by tibbitts
Sat Aug 25, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: MBA + Project Management Salary?
Replies: 17
Views: 1582

Re: MBA + Project Management Salary?

I never think of PMP as a route to executive management. Line managers-maybe. I agree. Those who are in management positions and take stretch opportunities on projects outside of their own area are usually promoted. Not ones who are strictly project managers. At least from what I have seen. Either ...
by tibbitts
Fri Aug 24, 2018 12:16 am
Forum: Investing - Help with Personal Investments
Topic: Should I Go With Vanguard PAS After This Recommendation?
Replies: 28
Views: 2283

Re: Should I Go With Vanguard PAS After This Recommendation?

Vanguard is in a no-win situation with these recommendations. They've been criticized for recommending

- too many funds
- active funds
- such simple fund combinations that they could be duplicated by a TR fund
- "cookie cutter" portfolios
by tibbitts
Thu Aug 23, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard doesn't understand Mega-Backdoor
Replies: 55
Views: 8124

Re: Vanguard doesn't understand Mega-Backdoor

Done this with Vanguard many times. They ALWAYS know exactly what I'm talking about. There was a time when it was more hit or miss, especially with the correct categorization for tax purposes. There is no problem if the person writing the letter says "please deposit my AFTER TAX rollover into my Ro...
by tibbitts
Thu Aug 23, 2018 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard doesn't understand Mega-Backdoor
Replies: 55
Views: 8124

Re: Vanguard doesn't understand Mega-Backdoor

Done this with Vanguard many times. They ALWAYS know exactly what I'm talking about. There was a time when it was more hit or miss, especially with the correct categorization for tax purposes. There is no problem if the person writing the letter says "please deposit my AFTER TAX rollover into my Ro...
by tibbitts
Thu Aug 23, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Buying a used Subaru
Replies: 16
Views: 1895

Re: Buying a used Subaru

I know there are a lot of Subaru enthusiasts on here so I figured I’d check with you. I’m looking to buy a late model Impreza or Legacy. As you’d expect, the majority for sale are off a 3 year lease, so the bumper to bumper warranty is expired with about 2 years of Powertrain warranty remaining. I’...
by tibbitts
Wed Aug 22, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for a Generous Grandparent?
Replies: 53
Views: 4387

Re: Suggestions for a Generous Grandparent?

Has anyone even established the tax advantage to doing a 529 here? Maybe there's next-to-no income tax being paid anyway. If it's close I'd choose the flexibility of leaving the money where it is. In fact unless perhaps mom is in a significantly high tax bracket I wouldn't do anything with a 529.
by tibbitts
Tue Aug 21, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Nearing retirement - portfolio suggestions
Replies: 8
Views: 957

Re: Nearing retirement - portfolio suggestions

New to the board. Love the insights. I'm a couple of years from retirement with $1.2 million available to invest. Wife and I have combined $1.2M to invest. Looking to park this and leave it for a few years. Would love your input. Thanks. $200K VUG $200K VTV $100K VNQ $100K VHT $200K BND $100K VCLT ...
by tibbitts
Sun Aug 19, 2018 11:55 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1194
Views: 99273

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I confess not having read the entire thread, so perhaps this has been asked and answered: If diversification is so BH, why is there a three-fund portfolio recommendation? Why not just have everything in Total International Equities and cash/International Bonds? What? You are saying two funds includ...
by tibbitts
Sun Aug 19, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13735

Re: Teachers Who Have Net Worth of $1 million +

For reference our local district pays between 36-80k for salary depending on education and time served. Employees pay about 1/3 of health insurance. The state pension formula is: Average (top 5) Annual Compensation X 1.1% [0.011] X Years of Service Which works out to be about 20-30K per year depend...
by tibbitts
Sun Aug 19, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2816

Re: Retire and become an Adventure Guide

Well, you could do work-camping:

https://workamper.com

Just don't be surprised if your job involves cleaning toilets.
by tibbitts
Sun Aug 19, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8816

Re: Edward Jones rep door knocking

Really? I guess this is one of those things that just depends. In the last few years I have answered the door while not expecting anyone only to find: Delivery people in "non-company" vehicles. (Numerous times--probably would have left the item, but who knows?) A neighbor bringing a package of ours...
by tibbitts
Sun Aug 19, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13735

Re: Teachers Who Have Net Worth of $1 million +

I don't agree that, averaged over the entire country, it's necessarily a huge accomplishment to accumulate $1M as a teacher vs. countless other occupations with similar requirements. Also we have all kinds of posts referring to couples, and there again if both people work, I'm not seeing it as a hu...
by tibbitts
Sun Aug 19, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Money Market Funds vs. Online Banks
Replies: 38
Views: 3758

Re: Money Market Funds vs. Online Banks

The main problem with the Prime MMF is that the so-called admiral share class of the fund is an institutional class product with a $5M minimum balance requirement. With the higher ER of the investor class, too much of the risk premium flows to the administration of the fund relative to the Federal ...
by tibbitts
Sun Aug 19, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8816

Re: Edward Jones rep door knocking

Yes - really. If I have a package that requires a signature (new computer, etc) we look at tracking info so know what day it shows up - and then can look out the window to verify there is a delivery truck from the carrier before we open the door. The odds are .0001% that you'll be home when the pac...
by tibbitts
Sun Aug 19, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13905

Re: Remind me (again) how real estate isn't a GREAT investment?

Here ya go. I rented my house out while my company sent me to graduate school. I hired a property manager to handle "everything". I get a call from the manager at 3am (why I use that time) saying that the tenants report sewage backed up, coming back out the drain for the washer and it's going to co...
by tibbitts
Sun Aug 19, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 121
Views: 13213

Re: Tips on Buying a Class-B RV

Congrats WoodSpinner! Please keep us posted as you take delivery and start to travel. The PleasureWay (Lexor) would be my choice if it were not for the bed length that bothers my husband. From all of our research, I think PW is a much higher quality than the Roadtrek you considered (we actually vis...
by tibbitts
Sun Aug 19, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13735

Re: Teachers Who Have Net Worth of $1 million +

It is the politicians that destroy government not the employees. When you have any liabilities pensions, SS, medicare ect.) you must fund the liabilities. Some states, cities have decided not to fund for years. Then they wonder why the pension system is in such bad shape. It is about money manageme...
by tibbitts
Sun Aug 19, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Money Market Funds vs. Online Banks
Replies: 38
Views: 3758

Re: Money Market Funds vs. Online Banks

Quick guess. Without peeking, what do you think the US/international breakdown for the Vanguard Prime Money Market Fund? a) < 1% international b) 1-10%* international c) 10-30% international d) 30-50% international e) > 50% international? For the answer, refer to this page or drag mouse from here v...
by tibbitts
Sun Aug 19, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13735

Re: Teachers Who Have Net Worth of $1 million +

Teachers wages haven't kept up with other wages, at least in most states, so what a teacher could do then and what a teacher can do now are apples and oranges. A million bucks is a million bucks regardless of wages or inflation Not the point, the question is how much of that have they been able to ...
by tibbitts
Sat Aug 18, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: contract to FTE - what to ask?
Replies: 10
Views: 580

Re: contract to FTE - what to ask?

We have no way to know if your current hourly rate was adequate. $120K -$130K seems like a stretch unless you were grossly underpaid at $70K/hour. The only way to know what a good salary would be. Is to do a comparative analysis in your area for someone with your knowledge, skills and experience. W...
by tibbitts
Sat Aug 18, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2577

Re: How to Treat "Negative" Basis in Nondeductible IRA

I didn't think it's possible to have negative basis in an IRA. It's interesting that we have two kinds of posts: half of Bogleheads say making non-deducible contributions and dealing with form 8606 is a like having your wisdom teeth removed every year - a curse you pass down to future generations. ...
by tibbitts
Sat Aug 18, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment Decision After Divorce- Please evaluate my thinking
Replies: 33
Views: 3418

Re: Apartment Decision After Divorce- Please evaluate my thinking

If you have shared custody why aren’t you looking at 2 bedroom units? I’m assuming you will be there at least a year and if your child is going to be spending nights at your place it will be good for him/her to have his/her own room. Maybe it's a matter of cost. The child could sleep in the living ...
by tibbitts
Sat Aug 18, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment Decision After Divorce- Please evaluate my thinking
Replies: 33
Views: 3418

Re: Apartment Decision After Divorce- Please evaluate my thinking

I missed the 4-5 floor part. Is this a concrete building? Ask if they have two open apartments one on top of the other so you can test the noise. Sometimes noise is adjacent apartments. Once lived on second floor of two story building and the walls were thin. Two single women lived in adjacent apar...
by tibbitts
Sat Aug 18, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: oil pan threads stripped - pan saver okay?
Replies: 33
Views: 2198

Re: oil pan threads stripped - pan saver okay?

Hello all, during the previous oil change for my 10yr old 100K mileage Dodge I was told they had to use a pan saver to plug the oil pan drain due to the threads being stripped. Estimate to replace the oil pan is somewhere in the $1000 range due to 5 hours of labor. My questions: 1) What is the risk...
by tibbitts
Sat Aug 18, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment Decision After Divorce- Please evaluate my thinking
Replies: 33
Views: 3418

Re: Apartment Decision After Divorce- Please evaluate my thinking

I missed the 4-5 floor part. Is this a concrete building? Ask if they have two open apartments one on top of the other so you can test the noise.
by tibbitts
Sat Aug 18, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment Decision After Divorce- Please evaluate my thinking
Replies: 33
Views: 3418

Re: Apartment Decision After Divorce- Please evaluate my thinking

Thank you DM. I like as much peace and quiet as possible. I am afraid of getting a neighbor that walks around a lot at odd hours, kids running around, etc. I could manage with a little noise (and I know that I will have to moving into an apartment) and will probably get used to it, but my preferenc...
by tibbitts
Sat Aug 18, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: oil pan threads stripped - pan saver okay?
Replies: 33
Views: 2198

Re: oil pan threads stripped - pan saver okay?

Wow, replacing the pan for this seems way overkill. I mean, it's just a threaded hole... I would look at using something like a helicoil, an insert made for repairing stripped threads. Probably something you can do if you do home DIY, but something a garage should be able to do as well for much les...
by tibbitts
Sat Aug 18, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13905

Re: Remind me (again) how real estate isn't a GREAT investment?

Passive RE investment means passive indexed REITs . Anything else means you have a new job or have new hassles. Schwab US REIT ETF's (SCHH) SEC Yield is 3.51%. Assume USD inflation at 2% so a 1.5% expected real return. Since USA domiciled equities have an expected real return of 1-3% and non-USA do...
by tibbitts
Sat Aug 18, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13905

Re: Remind me (again) how real estate isn't a GREAT investment?

You have to recognize that RE investing and being a landlord is such an anecdotal experience. You can look at statistics and percentages all day long, but at the end of the day you'll be reading these glowing posts and putting yourself in that situation. Any negative examples that you read and you ...