Bogleheads.org

Several of us in the Eastern Iowa Diehards group believe there is a need for a local chapter in the Des Moines area to serve the central part of the state. If interested in joining and forming such a group, please send a PM to get things started. A few of us from the Eastern Iowa Diehards would be p...

Grt2bOutdoors wrote:Jerry - The decedent resides in NY. The estate resides in NY. The Class D beneficiary is one who receives an inheritance from a NJ decedent. It's NJ to NJ, not whatever state to NJ.

Sorry. Apologies to all. Thanks for setting me straight on this.

Jerry

The OP is correct in that NJ and PA impose an inheritance tax. The maximum rate is 16%. This link may help for NJ; http://www.co.middlesex.nj.us/surrogate/taxes.asp . You can search for PA inheritance taxes. Jerry So am I correct that the NJ Niece pays inheritance tax, even though the estate (based...

The OP is correct in that NJ and PA impose an inheritance tax. The maximum rate is 16%. This link may help for NJ; http://www.co.middlesex.nj.us/surrogate/taxes.asp. You can search for PA inheritance taxes.

Jerry

You can read about the history of the two forums in the Wiki at The Bogleheads®

Jerry

This thread gets funnier with time. The Bogleheads now have 10 members with a net worth exceeding 50 Million dollars. I am amazed - but it is not about the net worth! This reminds me of the old joke: There are 10 kinds of people in the world; Those that understand binary and those that don't. Jerry

Chaz, I was almost fooled into thinking you wrote your longest post ever! Then I realized it was all "hogwash" - just cut and paste.

Jerry

The list of all Vanguard funds is available online at https://personal.vanguard.com/us/funds/vanguard/all

Jerry

We should have gone on the metric system a long time ago!

Jerry

Blue wrote:Kudos on the >$50 million respondent!

Now there are five fortunate people with more than $50 Million in net worth. Perhaps there is another explanation.

Jerry

When I received a Vanguard plan and a consultation with a CFP, they were not recommended. I added TIPS to my asset allocation. Do what you feel comfortable with. Jerry Just curious, what made you decide to add TIPS and how did you come up with the TIPS allocation ? There have been several discussio...

Which Target Retirement Funds are you using as a model that contain TIPS? Yes, they are a component in the 2010 and 2015 funds. TIPS are not in the 2020, 2025... funds. The TIPS were added recently to the funds that have them. When I received a Vanguard plan and a consultation with a CFP, they were ...

Rick Ferri wrote:There will never be a consensus, nor does there need to be for prudent investing.

Thanks you, Rick, for providing clarity without name calling and derision.

Jerry

Advisors advise and salespeople sell. I wouldn't confuse the two when the company brings in the salespeople to provide advice.

Jerry

Thanks, Taylor, for the excellent four-part short videos that summarizes the concepts and people involved in the development of passive investing. This quick series confirms that I have read the right books, listen to the right people, and participate in this forum!

Jerry

Thank you Larry for the great message. Especially the following; The winner’s game in investing is played by having a well-develop plan, one that focuses on managing risk, instead of trying to manage returns. Having that plan and sticking to it, like a postage stamp sticks to its letter until it rea...

VictoriaF wrote:texasdiver,

Your figure cuts off the most interesting part. Can you re-post it?

Victoria

Here's the link; Education pays ...

Jerry

Were you exchanging your TIPS fund (VIPSX) into the Short-Term TIPS fund (VTIPX) in excess of $10k rather than buying the Admiral class share of the Short-Term TIPS (VTAPX)? Perhaps this request to call the Vanguard rep was to help you get the lower ER Admiral shares?

Jerry

Jerilynn wrote:Who's Nicola Benedetti?

Beats me, but I would recognize gkaplan anywhere.

Jerry

The company I worked for negotiated severance in the following way. To get the severance, it was required that you sign a document stating that you would not sue the company for any reason. As far as I know, everyone signed the document and received their severance.

Jerry

It has been a while since I have been in your shoes. I found this which looks like it might be useful; Job Loss Checklist

Good luck!

Jerry

What are you hiding that you have the need for a Maxwell Smart protection force field around your phone? Just use the "cone of silence"! :wink: Most doctors/hospitals ask for an emergency contact. Assuming you will get medical attention before you die, they should contact the person liste...

As I explained before, it is not a compliance issue to having an address outside of the US. It is a policy issue of Vanguard against someone outside the US OPENING an account. My daughter, a US citizen, has been a Vanguard customer for ten years. She immigrated to a country in Europe and has no prob...

I always spent less than I made because it made sense to me. I grew up in a family that was always short of money and waited until the next payday. I knew I didn't want to live that way and the only way out was to save and invest. I read all the popular investing books which led me into making one c...

So in my view, Boglheadism is a combination of characteristics and cannot be defined by any single characteristic. It seems that some are dissatisfied with any of the choices (ie "none of the above") and others are more inclined to choose "all of the above". Maybe T-shirts, hats...

I wonder if they just like Australia better, if their policies changed, or if I just snuck past a more care-free service representative when I changed my address? :sharebeer No, if you already have a Vanguard account, established in the US, you can continue using it when you move to another country...

I would let Vanguard create the 3-fund portfolio for you. They offer a Target Retirement fund that is composed of the three funds you would likely choose. You select a year in which you plan to retire and buy that fund. Vanguard selects the appropriate allocation among the three funds and they rebal...

No, just the opposite. I try to have all of my investments with Vanguard because of the safety of their unique structure.

Jerry

leo383 wrote:If it is a light fixture at all.

Since it is a light, have you noticed a light switch that doesn't seem to do anything? Maybe you haven't found the light switch since you've been groping about in the dark?

Jerry

This post made me curious. I found this primer about paint primer informative; Painting: How to Choose and Use Primers

Jerry

Since the parts are mostly interchangeable, after building the pictured item, the pieces can be shuffled around and combined with other "kits" to make incredible toys. When my son was about 6 he would construct a vast array of very creative Lego objects. Of course, these projects would req...

shawcroft wrote:Travellight:
Great concept! In these times of "Groupon", that might be a great way to see how she reacts .......
Shawcroft

Or you could place a coin on the sidewalk and see who picks it up.

Jerry

I'm not convinced that living below one's means necessarily means you are foregoing gratification. +1 Happiness is not having what you want. It's wanting what you have. Stated another way, perhaps; Money It can buy a house, but not a home. It can buy a clock, but not time. It can buy you a position...

I like this definition of student; "any person who studies, investigates, or examines thoughtfully".

Jerry

I prefer to think of retirement as time to develop myself more fully. No fundamental changes, just refining the areas that have been there. For now that means more depth, but it might mean adding breadth as I continue to grow and explore. How would you describe yourself? I would like to be considere...

I have several cards, but really only use one for the cash back rewards. I seldom use cash except for small purchases.

Jerry

At a company where I worked, they held "pre-planning" meetings. I just figured that concept came from Dilbert. Now that I am no longer employed, this must be the post-planning phase. Since I retired due to a disability, perhaps this is the unplanned phase?

Jerry

tibbitts wrote:I had a Klein Tools brand - normally reliable - that indicated a live circuit anytime it was in the same zip code as a live circuit.

Paul

You must have had the expensive model that ensured that the wiring was within code.

Jerry

Throughout my career I have exchanged my time and efforts for money. Now that I am retired, I use my time for what I want to accomplish. Each day I get only 24 hours and it must be spent by the end of that day. But I can spend it however I want, because it is now MY time. I fill each day with tasks,...

"re-calculating"

Jerry

What is the problem with "retired"? It's a lot better than pre-dead.

Jerry

I've got a large mailbox and occasionally I toss in a match. Just kidding. Actually, I signed up to stop junk mail which took care of a lot of it. Nothing seems to thwart Mediacom from their unless stream of offers. Fortunately, there is a good recycling program.

Jerry

I received a Vanguard financial plan and consultation with a CFP many years ago. Prior to learning about investing through some books, Vanguard, and then the Diehards forum at M* and then the Bogleheads, I had lost a lot of money following various "advice". Thanks to Vanguard and this foru...

Kudos to NPR for airing Jack Bogle to remind people that this level is "just a number". Other news media feature the people reading the tea leaves and predicting the future.

Jerry

Time and again I see criticisms of the Vanguard CFP portfolio recommendations as being "cookie cutter". I would be very, very concerned if these plans weren't at least similar. I take comfort in having plans offered that are consistent with their own investing philosophy AND consistent wit...

I have two grown children who will be co-executors of my will and beneficiaries of my estate. I have read about and carefully planned to avoid probate as much as possible and have financial holdings pass outside of the will with properly named beneficiaries. I will have IRAs "stretch" to t...

I then switched to Tax Cut and it was a big improvement for me and it was about half the price. Then HR Block bought the company and it has continued to be my software of choice. Do you know when that was? TaxCut was rebranded in 2010, but it was owned by H&R Block in 2005 or earlier (wikipedia...

I used TurboTax for years and was always frustrated with it's poor interface. I then switched to Tax Cut and it was a big improvement for me and it was about half the price. Then HR Block bought the company and it has continued to be my software of choice. I refuse to pay that much for a simple stat...

Wow, I thought I was the only one with that dream/nightmare. My variation is that I realize that I'm signed up for the course right after the deadline passes where you can still withdraw without getting a "withdraw-failing" on your transcript. I still have this dream from time to time, 20...

I see that the responses all assume that he must pay quarterly estimated taxes. I am now retired and I never even knew what "estimated taxes" were for or to whom it applied. So, I looked it up and it seems that it is for self-employed people or freelancers. I have never been self-employed ...