Search found 3575 matches

by CABob
Mon Aug 31, 2015 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: what could cause a credit score decline if no obvious issue on credit report?
Replies: 21
Views: 1252

Re: what could cause a credit score decline if no obvious issue on credit report?

Credit utilization equals balance owed on all cards divided by the total of all authorized credit limits of cards.
The balance owed is as of the date the credit score determined regardless of whether the amount is past due or not.
by CABob
Mon Aug 31, 2015 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: what could cause a credit score decline if no obvious issue on credit report?
Replies: 21
Views: 1252

Re: what could cause a credit score decline if no obvious issue on credit report?

Not using your credit card will negatively affect your score.

I'm not so sure about this.
by CABob
Mon Aug 31, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: what could cause a credit score decline if no obvious issue on credit report?
Replies: 21
Views: 1252

Re: what could cause a credit score decline if no obvious issue on credit report?

nolapepper wrote:Question: I have several cards that I do not use anymore and considering closing them. Does that negatively affect my score?

Yes, quite likely. Primarily because it raises your credit utilization percentage.
by CABob
Sun Aug 30, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: Dogs of the Dow? - woof woof
Replies: 16
Views: 2137

Re: Dogs of the Dow? - woof woof

I did the Foolish Four thing with the Motley Fool for a couple of years. The only two stocks I remember at the moment were GM which I sold for a 32% loss (long before their BK) and CAT which I still have currently at a 244% gain (from 1999).
by CABob
Sat Aug 29, 2015 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 50
Views: 1341

Re: Charatable trust after death

This is more of a question rather than a suggestion, but, can one put a contingency in a will or trust that says something to the effect that money is bequeathed if the organization will use it for funding of a rescue shelter to be named Brian's Shepard Shelter?
by CABob
Sat Aug 29, 2015 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 50
Views: 1341

Re: Charatable trust after death

Do you currently know who the beneficiary or beneficiaries would be? Have you talked to them about their preferences? They may prefer to receive the inheritance as a lump sum to set up their own internal fund for some purpose. This may not fit with your desire for the Brian's Memorial Scholarships, ...
by CABob
Sat Aug 29, 2015 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone use a different target retirement year then when they will retire???
Replies: 18
Views: 1238

Re: Anyone use a different target retirement year then when they will retire???

My DW retired in 2004 at age 59. We chose the VG TR2015 for her IRA rollover. A couple of years down the road VG decided to change the AA for their TR funds making them more aggressive. DW transferred her IRA to the TR2010 fund which we found to be more suitable and it been there since. I have been ...
by CABob
Sat Aug 29, 2015 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Friend's proposed RMD strategy--A little different
Replies: 50
Views: 3679

Re: Friend's proposed RMD strategy--A little different

Friend's RMD is more than he can spend, so he reasoned that he would take RMD when the market dropped so he could take more shares, thus reducing next RMD. Comments? The math on this escapes me at the moment. The RMD amount is based on a certain percentage of the prior years balance at the end of D...
by CABob
Sat Aug 29, 2015 1:32 pm
Forum: Investing - Theory, News & General
Topic: Dogs of the Dow? - woof woof
Replies: 16
Views: 2137

Re: Dogs of the Dow? - woof woof

navyasw02 wrote:What's wrong with it?

It is questionable whether it works and if it does will it persist.
I tried a version of the Dogs many years ago for a couple of years but gave up on it. I still have one stock which is a remnant of that experience in my portfolio.
by CABob
Sat Aug 29, 2015 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds IRA - Account Emptied!
Replies: 20
Views: 2365

Re: American Funds IRA - Account Emptied!

Are you going online to the American Funds website or to your brokers website? Can you or did you try the other? How long has it been since you logged on previously and found things to be correct? It is doubtful that anyone here can solve the problem, only suggest things to try. And my suggestion is...
by CABob
Fri Aug 28, 2015 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: [Why a purchase fee on Vanguard Tax Exempt Bond Fund, but not ETF?]
Replies: 4
Views: 1374

Re: [Why a purchase fee on Vanguard Tax Exempt Bond Fund, but not ETF?]

According to Vanguard: Very few Vanguard funds charge fees when you buy and sell shares. The fees are designed to help those funds cover higher transaction costs and protect long-term investors by discouraging short-term, speculative trading. Fees vary between 0.25% and 1.00% of the amount of the tr...
by CABob
Fri Aug 28, 2015 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Managed Accounts
Replies: 12
Views: 484

Re: Managed Accounts

Thanks for all the responses and suggested links and reading...I will! During my 37 years with my company I invested my 401k in growth, balanced funds, index funds etc. Did fairly well over the long haul. I can relate to your concerns. I retired about a dozen years ago and took a lump sum from my r...
by CABob
Fri Aug 28, 2015 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Managed Accounts
Replies: 12
Views: 484

Re: Managed Accounts

I am about to retire and my 401k is with Fidelity. I am going to roll my retirement lump sum into Fidelity also. Should I trust part of my portfolio in a managed account with their strategic funds? What is the reason you are considering the managed account? If it is because you thing it will perfor...
by CABob
Fri Aug 28, 2015 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: what could cause a credit score decline if no obvious issue on credit report?
Replies: 21
Views: 1252

Re: what could cause a credit score decline if no obvious issue on credit report?

Did some accounts drop off your report? I have heard and seen to some extent that not using credit cards, loans, etc. can adversely affect your score.
by CABob
Fri Aug 28, 2015 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: QCD and RMD question
Replies: 20
Views: 1364

Re: QCD and RMD question

Yes, it is good that VG recognizes that your remaining RMD is now less. However, the service apparently does not automatically reduce your remaining distribution and provide the reduced remaining amount as an option. They also do not present an option to immediately discontinue the RMD service. Cha...
by CABob
Thu Aug 27, 2015 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Would money market fund be a good place to put emergency money?
Replies: 11
Views: 1901

Re: Would money market fund be a good place to put emergency money?

I have no concerns about the liquidity or insurance with money market funds as long as they are with a reputable fund company and/or broker. My primary issue is the current yield as very low. I would be more inclined to go with a bank savings account or money market account or something similar.
by CABob
Tue Aug 25, 2015 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: How can we prove TRD's re-balance in the short term?
Replies: 8
Views: 1015

Re: How can we prove TRD's re-balance in the short term?

I'm not sure that the information about verifying rebalancing would provide any useful or actionable information. If you look at the Portfolio information you can see the percentage of each of the funds contained. By following this information over a period of time one could determine how the percen...
by CABob
Mon Aug 24, 2015 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distribution
Replies: 3
Views: 463

Re: Required Minimum Distribution

Possible? yes
Likely? I don't think so at least as of current data. My IRA is down less than 1% for the year. Now if the market really tanks from now through October or so I might reconsider.
by CABob
Mon Aug 24, 2015 12:31 pm
Forum: Investing - Theory, News & General
Topic: Help find a prior post: Sensible advice during crash
Replies: 11
Views: 840

Re: Help find a prior post: Sensible advice during crash

I believe the user's name started with an N?

That sounds as if it might be nisiprius who is an advisor and prolific poster. You might send him a PM to ask. Or he may show up on the forum shortly.
by CABob
Mon Aug 24, 2015 12:17 pm
Forum: Investing - Theory, News & General
Topic: Was vanguard.com slow for anyone else this morning?
Replies: 37
Views: 2553

Re: Was vanguard.com slow for anyone else this morning?

I had some other business to transact on the website and perhaps to a customer rep. Perhaps I will wait until another day. :shock:
by CABob
Sun Aug 23, 2015 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: QCD and RMD question
Replies: 20
Views: 1364

Re: QCD and RMD question

When I go to my RMD information the following note is at the top of the page. You're scheduled to distribute $nn,nnn.nn automatically through our RMD service, which is more than your remaining RMD amount. You'll meet your RMD for your Vanguard accounts, but you'll be distributing more than you need....
by CABob
Sun Aug 23, 2015 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification about the 5% "play money" thing...
Replies: 12
Views: 621

Re: Clarification about the 5% "play money" thing...

...something other than your long range investments described in ones IPS. But it is intended to be a long-range investment and is described in my IPS. I chose it for its low correlation to the rest of the market. I feel like if I don't rebalance, I will be failing to "stay the course". I...
by CABob
Sun Aug 23, 2015 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification about the 5% "play money" thing...
Replies: 12
Views: 621

Re: Clarification about the 5% "play money" thing...

Perhaps others see the 5% thing differently, but to me it is a cautionary rule to limit that portion of your investments which is in something other than your long range investments described in ones IPS. I don't think that adding to this investment to keep it at 5% would meet in usual intent of thi...
by CABob
Sun Aug 23, 2015 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: QCD and RMD question
Replies: 20
Views: 1364

Re: QCD and RMD question

Well, I requested a couple of QCD checks which I received and passed on to the appropriate organizations. Vanguard has correctly recorded that these checks were part of my RMD but have not reduced the RMD that is scheduled to be sent to me in November which will draw down my IRA more than intended. ...
by CABob
Sun Aug 23, 2015 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Brokerage Roth IRA vs Roth IRA
Replies: 7
Views: 902

Re: Vanguard Brokerage Roth IRA vs Roth IRA

Oh man, this is good news for me. I can finally dump my ameritrade account. I have play money sitting there to buy individual stocks. The commission at VG is cheaper per trade. Interesting comment. I guess you are saying that with the old mutual fund account one could not transfer the contents of a...
by CABob
Sat Aug 22, 2015 7:22 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Portfolio comparison?
Replies: 10
Views: 628

Re: Thoughts on Portfolio comparison?

The first thing that comes to mind when I hear about a portfolio of 20 funds and a 1.25% fee is that the advisor is trying to make it look difficult to convince you that you can't do it by yourself. Suspicions confirmed? :twisted: About half of the funds held have 3% or less of your total portfolio...
by CABob
Sat Aug 22, 2015 12:01 pm
Forum: Personal Consumer Issues
Topic: Online clothing shopping?
Replies: 16
Views: 1411

Re: Online clothing shopping?

Have you checked out Amazon? [Using the link at the upper right of this page, of course.]

Personally, I have trouble buying something that I can't see, feel, try on, etc. unless it is a product I have used before.
by CABob
Sat Aug 22, 2015 10:41 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Portfolio comparison?
Replies: 10
Views: 628

Re: Thoughts on Portfolio comparison?

Some thoughts - The first thing that comes to mind when I hear about a portfolio of 20 funds and a 1.25% fee is that the advisor is trying to make it look difficult to convince you that you can't do it by yourself. Another possibility is that the advisor uses the same portfolio for a large number of...
by CABob
Fri Aug 21, 2015 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Intuit to Sell off Quicken
Replies: 26
Views: 2842

Re: Intuit to Sell off Quicken

Also a message from the Intuit CEO: https://qlc.intuit.com/announcements/1208585 And here's my pledge to you: As we move through this sale, it’s business better than usual. We’re already working harder and smarter to provide you with better dedicated, uninterrupted service and support. As a standal...
by CABob
Thu Aug 20, 2015 6:32 pm
Forum: Investing - Theory, News & General
Topic: A bad day on Wall Street -- A good day for the media.
Replies: 51
Views: 5585

Re: A bad day on Wall Street -- A good day for the media.

Bogleheads: Today the S&P 500 Index had a 2.11% decline (I remember another day in 1987 when the S&P fell 20.5%). The financial media loves days like this because it makes headlines and attracts readers which increases advertising revenues. These are just a few of the headlines and comments...
by CABob
Tue Aug 18, 2015 5:42 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund vs ETF
Replies: 5
Views: 287

Re: Mutual Fun vs ETF

For Vanguard, the Admiral class of shares generally have the same expenses as ETFs and one can buy and sell without a commission. For ETFs there may be a bid/ask spread that affects cost. I would hope I am never in the position that a sale at 10:00 am is more important to me than a sale at 4:00 pm. ...
by CABob
Tue Aug 18, 2015 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Company Directors Acquiring Stock
Replies: 12
Views: 1050

Re: Company Directors Acquiring Stock

Normally I would consider this to be good news except that you mentioned it is a penny stock. That being the case I could imagine many circumstances that might make it bad news and this might outweigh the potential good news possibility.
by CABob
Mon Aug 17, 2015 6:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2060 fund 8% cash?
Replies: 9
Views: 1389

Re: Vanguard 2060 fund 8% cash?

I have no idea what is going on, but wouldn't be too concerned about it. It is likely an error in data reporting or possibly something unique about when it was reported and would be fixed the following day.
by CABob
Mon Aug 17, 2015 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Estate Tax - My Fears
Replies: 12
Views: 2120

Re: Avoiding Estate Tax - My Fears

My parents own a house in Silicon Valley which they bought before it was called Silicon Valley. As such, their cost basis is nothing compared to its current price, and they'd have to pay an enormous amount of tax if they were to sell it. At the same time, they want to move out, so that's a problem....
by CABob
Sun Aug 16, 2015 10:00 pm
Forum: Investing - Theory, News & General
Topic: Has anyone heard of FeeX?
Replies: 5
Views: 1074

Re: Has anyone heard of FeeX?

If I have some personal accounts at Vanguard with index funds and a retirement plan at work with a plan chosen by my employer that I have no ability to change how much do you think FeeX can save me?
My guess is nothing or possibly very little.
by CABob
Sat Aug 15, 2015 11:48 am
Forum: Investing - Help with Personal Investments
Topic: 401K vs Taxable Acct.
Replies: 18
Views: 1911

Re: 401K vs Taxable Acct.

I see a number of funds in the list that would seem to be attractive and I believe I could find a suitable selection. Just because there are some funds that are unattractive doesn't mean it is a bad plan overall. I think funds from Vanguard, Dodge & Cox, and Blackrock should be considered. VANGU...
by CABob
Fri Aug 14, 2015 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about Community Property
Replies: 15
Views: 1808

Re: Confused about Community Property

I think you should consult an estate attorney and ask them the question.
by CABob
Fri Aug 14, 2015 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Question on selling funds from taxable account
Replies: 7
Views: 576

Re: Question on selling funds from taxable account

Sounds like it could be quite a hassle to prove to IRS exactly what specific shares you sell but at least I know it is possible. I haven't explored the way vanguard is set up but I am sure when time comes I will be able to figure it out. It's not really difficult at tax time since as mentioned abov...
by CABob
Fri Aug 14, 2015 5:55 pm
Forum: Personal Consumer Issues
Topic: I need a classic men's black dress belt
Replies: 45
Views: 4129

Re: I need a classic men's black dress belt

I'll add another vote for Mission Belt, but would mention a similar competing product that I also like.
Slide Belt
by CABob
Fri Aug 14, 2015 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for beginner with low funds.
Replies: 14
Views: 865

Re: Investment advice for beginner with low funds.

Given your circumstances I think you should stick with the TR fund in your Roth and not think about changing to ETFs. At such time your portfolio grows a bit, you have access to a employer retirement plan, or are interested in a taxable account you might want to revisit the subject, but for the mome...
by CABob
Fri Aug 14, 2015 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401K vs Taxable Acct.
Replies: 18
Views: 1911

Re: 401K vs Taxable Acct.

Christine Benz of M* has recently published an article on the subject that may be of interest.
http://news.morningstar.com/articlenet/ ... ?id=711164
by CABob
Thu Aug 13, 2015 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: QCD and RMD question
Replies: 20
Views: 1364

Re: QCD and RMD question

If you itemize it won't make any difference tax-wise. If you take the standard deduction, AND if the QCD legislation passes, AND if it is retroactive to the date you make the contribution or before , THEN the contribution can be deducted from your income. Either way it will be counted toward your R...
by CABob
Thu Aug 13, 2015 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: QCD and RMD question
Replies: 20
Views: 1364

QCD and RMD question

I expect that this has been discussed frequently but was unable to locate a reference to my specific question. I am taking RMDs from my IRA. I know that the legislation to extend the QCD provisions for 2015 has not been passed to date. Anticipating that such legislation will be passed late in the ye...
by CABob
Thu Aug 13, 2015 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401K vs Taxable Acct.
Replies: 18
Views: 1911

Re: 401K vs Taxable Acct.

I might agree with the approach if I was convinced the offerings in the plan were very poor. But there might not be universal agreement on what a poor offering is. Just what is offered and what are the expense ratios? The payroll deduction and tax deferment are quite valuable IMO. All too often I ha...
by CABob
Wed Aug 12, 2015 10:05 am
Forum: Personal Consumer Issues
Topic: Using stamps - getting the amount correct with new stamps?
Replies: 13
Views: 1442

Re: Using stamps - getting the amount correct with new stamps?

According to the USPS the "extra ounce" and other new stamps work the same way as the other "Forever" stamps and "will always be equal in value to the applicable price for the price category printed on them at the time of use": https://about.usps.com/news/national-rele...
by CABob
Tue Aug 11, 2015 10:03 pm
Forum: Personal Consumer Issues
Topic: Using stamps - getting the amount correct with new stamps?
Replies: 13
Views: 1442

Re: Using stamps - getting the amount correct with new stamps?

The Forever stamp is always going to be worth whatever the current postage rate for 1 ounce is. So even you bought it for 46 cents it is now worth 49 cents of postage. I always have a small supply of add on stamps that I can attach for oversize, overweight, second ounce, etc. letters.
by CABob
Mon Aug 10, 2015 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 4028

Re: Coworkers Ignorant to Retirement Savings and Investing

You can lead a horse to water, but you can not ....
by CABob
Sun Aug 09, 2015 11:17 pm
Forum: Investing - Theory, News & General
Topic: What Did You Do In The 2008/2009 Stock Market Crash?
Replies: 51
Views: 3653

Re: What Did You Do In The 2008/2009 Stock Market Crash?

I had been in retirement for about five years. I did absolutely nothing. Well, not quite true. I was a confirmed Boglehead by that time and did check my balances and asset allocations every quarter and occasional did some rebalancing. I didn't like to see the totals going down, but, didn't know what...
by CABob
Sun Aug 09, 2015 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: RMD clarification please
Replies: 9
Views: 944

Re: RMD clarification please

I'll be turning 70 in Oct of this year. I have a number of simple IRAs & one 401K. Total accounts equal ~ $220,000. What is the latest date at which I can take my initial distributions? Also, are the IRAs handled in the same manner as the 401K? As I understand the rules you can if you desire to...

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