Search found 1016 matches

by RustyShackleford
Mon Aug 31, 2015 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Roth vs. traditional 401K - Taking advantage of low-income year
Replies: 10
Views: 797

Re: Roth vs. traditional 401K - Taking advantage of low-income year

I'm a retiree and a big believer in fully utilizing the low federal marginal tax brackets. I always insure that my taxable income is right at the top of the federal 15% bracket and not a penny more. In addition to Roth conversions (which of course can be tweaked after the fact, as late as October of...
by RustyShackleford
Sun Aug 30, 2015 6:22 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't the 3 fund portfolio have TIPS?
Replies: 38
Views: 2725

Re: Why doesn't the 3 fund portfolio have TIPS?

One negative is that only Treasuries come in an indexed issue. You can't indulge in corporates, for example, to get more yield by taking more risk. There are some Sallie Mae inflation-linked bonds - ticker symbols ISM and OSM - that yield 2% or 2.05% above inflation. The bond value is not indexed b...
by RustyShackleford
Thu Aug 27, 2015 11:20 pm
Forum: Personal Consumer Issues
Topic: magazines for frequent-flyer miles ripoff
Replies: 20
Views: 2431

Re: magazines for frequent-flyer miles ripoff

Thanks for all your thoughts, folks. The $52 refund appears to be happening, so that is good. Much more helpful fellow at 800-number says he cancelled a couple others that had the auto-renewal. Now only question is whether or not to cancel that card; I think I will, since I haven't used it in a year...
by RustyShackleford
Thu Aug 27, 2015 10:04 pm
Forum: Personal Consumer Issues
Topic: magazines for frequent-flyer miles ripoff
Replies: 20
Views: 2431

Re: magazines for frequent-flyer miles ripoff

But regarding your question, no I don't read everything in the software agreements. But if one of them did a gotcha on me I'd have nobody to blame but myself. I disagree. That's why I don't believe people when they say, "Well if that happened to me, I'd have no one to blame but myself." M...
by RustyShackleford
Thu Aug 27, 2015 7:30 pm
Forum: Personal Consumer Issues
Topic: magazines for frequent-flyer miles ripoff
Replies: 20
Views: 2431

Re: magazines for frequent-flyer miles ripoff

Are you sure it's a ripoff? Did you read the fine print? Maybe you did agree to auto renewal. Oh yes. I suspect I did agree. I assert that it's still a ripoff. When someone throws a barrage of fine print at you and says "please sign this" you can't honestly be expected to read the whole t...
by RustyShackleford
Thu Aug 27, 2015 3:19 pm
Forum: Personal Consumer Issues
Topic: magazines for frequent-flyer miles ripoff
Replies: 20
Views: 2431

Re: magazines for frequent-flyer miles ripoff

Boglenaut wrote:IThey are so desperate nowadays you can never get out of it.

Sounds like I should just go ahead and call Penfed and say "I did not authorize this charge".
by RustyShackleford
Thu Aug 27, 2015 3:08 pm
Forum: Personal Consumer Issues
Topic: magazines for frequent-flyer miles ripoff
Replies: 20
Views: 2431

magazines for frequent-flyer miles ripoff

I have done this a few times in the past: traded a few hundred leftover frequent-flyer miles for a magazine subscription. It's worked well, typically paying a "handling fee" of $2 or so. But I've run into a problem. Yesterday, I got a statement - from a Penfed VISA that I no longer use muc...
by RustyShackleford
Wed Aug 26, 2015 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Got my retirement statement from Social Security
Replies: 13
Views: 1945

Re: Got my retirement statement from Social Security

FYI - I believe you can get them on demand in PDF format online. I pull ours every January. The best thing is to go to ssa.gov, then click on "Online Services" and then "Estimate Your Future Benefits" and then "Use Our Retirement Estimator". Then you identify yourself,...
by RustyShackleford
Mon Aug 10, 2015 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tips on switching from FT to contracting (software engineering)
Replies: 15
Views: 1565

Re: Tips on switching from FT to contracting (software engineering)

Hi OP, Is your current idea to turn into contractor but work at the same current company? That might not be possible. It is not as simple as walking to your current manager and say "I want to work as contractor from next monday, pay me an hourly rate" That's exactly what I did. Actually, ...
by RustyShackleford
Fri May 15, 2015 1:48 pm
Forum: Personal Consumer Issues
Topic: Lightweight camping gear
Replies: 41
Views: 3667

Re: Lightweight camping gear

If money doesn't matter too much, you're going to tend to get better quality from small ("cottage" or "boutique") manufacturers, ones that REI would never carry, simply because they cannot (and don't want to) supply the volume that REI requires (among other reasons). My "big...
by RustyShackleford
Wed May 13, 2015 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Cards are Good
Replies: 46
Views: 4615

Re: Credit Cards are Good

Is this good or bad, you can decide, but don't pretend credit vs cash as a payment mechanism is free. We all pay for cash via the taxes sent to the treasury, we pay for credit cards in the form of higher prices for goods. Yes, merchants should be allowed to charge credit card users additional fees....
by RustyShackleford
Wed May 13, 2015 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Cards are Good
Replies: 46
Views: 4615

Re: Credit Cards are Good

SimonJester wrote:Funny, I have been robbed six times with my credit cards but never held up for cash.

Geez, where you been hanging out ?
by RustyShackleford
Wed May 13, 2015 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Cards are Good
Replies: 46
Views: 4615

Re: Credit Cards are Good

Another advantage (maybe it's already been mentioned) of credit cards is that they make it very easy to monitor your spending. I keep a big spreadsheet, one per year, and I download all my credit-card transactions to it every month or so. I add a column, so that, when I resolve against my receipts, ...
by RustyShackleford
Tue May 12, 2015 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: New Math for Retirees and the 4% Withdrawal Rule
Replies: 96
Views: 13863

Re: New Math for Retirees and the 4% Withdrawal Rule

Rick Ferri says that he advises his clients to "spend the income"...dividends and interest from, I assume, balanced portfolios. Wow, that sounds like really antiquated advice, that completely ignores the concept of "total return". No it doesn't. It is completely consistent with ...
by RustyShackleford
Tue May 12, 2015 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: New Math for Retirees and the 4% Withdrawal Rule
Replies: 96
Views: 13863

Re: New Math for Retirees and the 4% Withdrawal Rule

Rick Ferri says that he advises his clients to "spend the income"...dividends and interest from, I assume, balanced portfolios. Wow, that sounds like really antiquated advice, that completely ignores the concept of "total return". No it doesn't. It is completely consistent with ...
by RustyShackleford
Tue May 12, 2015 1:24 pm
Forum: Personal Consumer Issues
Topic: Lightweight camping gear
Replies: 41
Views: 3667

Re: Lightweight camping gear

If you want to go light I would suggest that it might be better to carry something like a sweatshirt I applaud you for suggesting "multi-use", a great way to save weight. But not a sweatshirt. They are typically cotton or cotton blend, and one general rule of backcountry travel is not to ...
by RustyShackleford
Tue May 12, 2015 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Cards are Good
Replies: 46
Views: 4615

Re: Credit Cards are Good

... auto rental insurance. Yes indeed. I completely trashed a tire on a rental car, and they billed me $100+ for it (understandably). I had to spend an hour or so gathering, scanning, and emailing paperwork, but VISA reimbursed me for the entire amount (without asking me questions with potentially ...
by RustyShackleford
Mon May 11, 2015 1:35 pm
Forum: Personal Consumer Issues
Topic: Lightweight camping gear
Replies: 41
Views: 3667

Re: Lightweight camping gear

My recommendation would be the forums at this site:

http://www.backpackinglight.com/

... full of tons of knowledge and helpful people. Reading 'em is free, or for $5/year you can also post.
by RustyShackleford
Mon May 11, 2015 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: New Math for Retirees and the 4% Withdrawal Rule
Replies: 96
Views: 13863

Re: New Math for Retirees and the 4% Withdrawal Rule

Rick Ferri says that he advises his clients to "spend the income"...dividends and interest from, I assume, balanced portfolios.

Wow, that sounds like really antiquated advice, that completely ignores the concept of "total return".
by RustyShackleford
Tue Apr 21, 2015 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: move retirement plan from VALIC to Vanguard ?
Replies: 4
Views: 525

Re: move retirement plan from VALIC to Vanguard ?

Yeah, a cursory reading of Duke's policy suggests you're right about her being able to use two carriers simultaneously. Leave TIAA Traditional out of it. Traditional is swell (I use it), but it carries a lot of baggage, and if you try mixing it in with a TR fund, your friend would now be following a...
by RustyShackleford
Tue Apr 21, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: move retirement plan from VALIC to Vanguard ?
Replies: 4
Views: 525

Re: move retirement plan from VALIC to Vanguard ?

I haven't really looked at the Fido, because I'm a Vanguard member and familiar with it. I don't think she's interested in getting fancy (i.e. other than index funds) anyhow. I just wish there was a way she could get TIAA Trad too, but unless Duke allows splitting your money between two different pl...
by RustyShackleford
Tue Apr 21, 2015 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: move retirement plan from VALIC to Vanguard ?
Replies: 4
Views: 525

move retirement plan from VALIC to Vanguard ?

I am trying to advise a non-investment savvy friend on her defined-contribution retirement plan. Right now it's at VALIC, and the prime holding a is a balanced T Rowe Price fund (a 2010 target fund, TRRAX). These are the choices available: https://www.hr.duke.edu/benefits/retirement/choices/valic.pd...
by RustyShackleford
Fri Apr 17, 2015 9:07 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 363
Views: 153684

Re: TV show recommendations?

'Rectify' is extremely good. The plot sounds kind of melodramatic - guy gets off death row after 19 years - but the show is absolutely unique, with great writing and acting (especially the lead, who is mesmerizing). It is done by Ray McKinnon, the character actor probably best known as the preacher ...
by RustyShackleford
Sat Apr 04, 2015 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: intra-day TIPS prices
Replies: 4
Views: 593

Re: intra-day TIPS prices

abuss368 wrote:I am continuing to learn more about this asset class.

It sure does seem to out of favor these days, at least in the forums that I frequent (this and Morningstar TIAA-CREF, primarily). But not out of favor in general I guess, judging by the yields.
by RustyShackleford
Fri Apr 03, 2015 12:39 am
Forum: Investing - Help with Personal Investments
Topic: intra-day TIPS prices
Replies: 4
Views: 593

intra-day TIPS prices

Is there a site that gives the real-time (or real-time delayed by a few minutes) prices of Treasury TIPS bonds ? I know about the WSJ page that is updated each day: http://online.wsj.com/mdc/public/page/2_3020-tips.html?mod=topnav_2_3000 And the Bloomberg page: http://www.bloomberg.com/markets/rates...
by RustyShackleford
Thu Mar 26, 2015 1:29 am
Forum: Investing - Help with Personal Investments
Topic: TIPS versus TIAA Trad for fixed-income ?
Replies: 14
Views: 1041

Re: TIPS versus TIAA Trad for fixed-income ?

Vanguard is recommending Total Bond and Total International Bond as a two fund solution for bond portfolios now. That seems like a pretty searing indictment of TIPS by a very respected source. ... the greater question is TIAA over bonds. I would generally prefer TIAA, but the whole portfolio needs ...
by RustyShackleford
Wed Mar 25, 2015 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS versus TIAA Trad for fixed-income ?
Replies: 14
Views: 1041

Re: TIPS versus TIAA Trad for fixed-income ?

sawhorse wrote:How many years do you expect to work before retiring?

I'm retired. So far I'm living off cash. Not planning to annuitize T-C until probably when I start SS, thinking now 66yo (in 4 years).
by RustyShackleford
Wed Mar 25, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS versus TIAA Trad for fixed-income ?
Replies: 14
Views: 1041

Re: TIPS versus TIAA Trad for fixed-income ?

My TIAA Traditional is in an RA "retirement account" (this is where I now hold about 1/3 of my FI, and the position I'd increase by selling TIPS at my brokerage and rolling the cash to T-C). This means it earns the highest (I believe) crediting rate, guaranteed to be 3% and currently 3.5% ...
by RustyShackleford
Wed Mar 25, 2015 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS versus TIAA Trad for fixed-income ?
Replies: 14
Views: 1041

Re: TIPS versus TIAA Trad for fixed-income ?

Dutch wrote: I also like having the option to annuitize TIAA Traditional (at favorable terms).

Curious, what's so favorable about the terms under which one can annuitize TIAA Trad ?
by RustyShackleford
Wed Mar 25, 2015 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS versus TIAA Trad for fixed-income ?
Replies: 14
Views: 1041

TIPS versus TIAA Trad for fixed-income ?

I'm a retiree looking at my fixed-income allocation. I'm wondering if I should sell some of my individual TIPS, and move the money into TIAA Traditional (a stable value fund earning 3% or more). Each is now roughly 1/3 my fixed-income allotment. (For those wondering how I'd manage this, the TIPS are...
by RustyShackleford
Thu Mar 05, 2015 9:21 pm
Forum: Investing - Theory, News & General
Topic: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit
Replies: 58
Views: 8220

Re: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit

It's not clear if tax programs handle this without input from the user. I will go into Turbotax and pretend I have more FTC and see how much guidance it seems to require. I told Turbotax that my foreign-tax was $400 (filing "single") and it didn't seem difficult at all to get 1116 done. Y...
by RustyShackleford
Thu Feb 26, 2015 8:02 pm
Forum: Investing - Theory, News & General
Topic: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit
Replies: 58
Views: 8220

Re: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit

Electron wrote:It's not clear if tax programs handle this without input from the user.

I will go into Turbotax and pretend I have more FTC and see how much guidance it seems to require.
by RustyShackleford
Wed Feb 25, 2015 2:49 pm
Forum: Investing - Theory, News & General
Topic: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit
Replies: 58
Views: 8220

Re: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit

1. If I understand one of the topics discussed is whether it's allowable to claim only $300/600 of FTC, if you actually have more, because having to fill out Form 1116 will actually leave you with an even smaller credit. And the answer seems to be that it's not ok. Where you wrote "will actual...
by RustyShackleford
Wed Feb 25, 2015 12:32 am
Forum: Investing - Theory, News & General
Topic: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit
Replies: 58
Views: 8220

Re: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit

The issue is unlikely to matter, particularly near the $300/600 level; the example which started the thread requires $20,000 of foreign dividends. Sorry, I was thinking of the issue of your FTC being limited according to your overall tax rate. Historical data is useful, but I tend to use 7% as a ru...
by RustyShackleford
Tue Feb 24, 2015 5:42 pm
Forum: Investing - Theory, News & General
Topic: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit
Replies: 58
Views: 8220

Re: Foreign Stocks in Taxable - Gotcha w/ foreign tax credit

I haven't read the entire thread in detail, so apologies if I cover old ground, but ... 1. If I understand one of the topics discussed is whether it's allowable to claim only $300/600 of FTC, if you actually have more, because having to fill out Form 1116 will actually leave you with an even smaller...
by RustyShackleford
Mon Feb 16, 2015 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best company to open a credit card with?
Replies: 22
Views: 20617

Re: What is the best company to open a credit card with?

You say what is best company ... So I'd vote for Penfed, because they're a credit union, which means their duty is to their members, not to shareholders of a corporation. But my favorite card ? I love the Citi Double Cash I just got: 2% cash back (1.99% for the anal), minimal hoops to be jumped thro...
by RustyShackleford
Wed Feb 11, 2015 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Estimated Tax Payments
Replies: 6
Views: 550

Re: 2015 Estimated Tax Payments

There's no need for you to worry or do anything about it. If you owe the IRS more than $1,000 ... This statement by itself can be a little misleading. Simply owing the IRS less than $1000 is not enough to avoid penalty, *IF* some of what you paid during the year was estimated taxes. IOW, if your to...
by RustyShackleford
Fri Feb 06, 2015 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Fraud? [TurboTax Turns Off All State E-Filing]
Replies: 67
Views: 3799

Re: TurboTax turns off all state efiling to prevent fraud

I don't do state e-file anyhow, because it rankles me to pay to do it, when it's saving the state money. Actually, for the past few years I couldn't, due to some unusual tax credits.
by RustyShackleford
Fri Feb 06, 2015 1:42 pm
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 553
Views: 159585

Re: Variable Percentage Withdrawal (VPW)

I just came across this VPW spreadsheet. I have not read all 11 pages of postings, so sorry if these questions/comments are redundant. 1. I don't understand why you need to enter your actual withdrawal each year. It seems to me the only things that should matter, going forward, are your current port...
by RustyShackleford
Fri Jan 30, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: BIV versis VCSH ?
Replies: 7
Views: 375

Re: BIV versis VCSH ?

Thanks. I am just trying to simplify my portfolio a little - too many holdings. My FI also has a bunch of CDs, individual TIPS, PPT (chasing yield !!), and TIAA Traditional.
by RustyShackleford
Fri Jan 30, 2015 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: BIV versis VCSH ?
Replies: 7
Views: 375

Re: BIV versis VCSH ?

livesoft wrote:They have quite a bit different duration. What do you think is the best duration?

I would subsume your question into my original question.
by RustyShackleford
Fri Jan 30, 2015 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: BIV versis VCSH ?
Replies: 7
Views: 375

BIV versis VCSH ?

Any consensus on which of these (BIV or VCSH) is best - for a core holding in the fixed-income allocation of my portfolio ?
by RustyShackleford
Wed Jan 28, 2015 12:27 am
Forum: Investing - Help with Personal Investments
Topic: wrong coupon payment on Jan 2028 TIPS
Replies: 7
Views: 979

Re: wrong coupon payment on Jan 2028 TIPS

Vanguard paid me interest at the rate of $9.8927 per $1,000 face value on Jan 15 for the U S TREASURY NOTE INFLATION INDEX NOTE CPN 1.75000 % MTD 2028-01-15 DTD 2008-01-15 Interesting. That would sem to give the lie to my broker's (not Vgd) assertion that it was the Treasury's mistake. It has still...
by RustyShackleford
Tue Jan 27, 2015 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: wrong coupon payment on Jan 2028 TIPS
Replies: 7
Views: 979

Re: wrong coupon payment on Jan 2028 TIPS

Vanguard paid me interest at the rate of $9.8927 per $1,000 face value on Jan 15 for the U S TREASURY NOTE INFLATION INDEX NOTE CPN 1.75000 % MTD 2028-01-15 DTD 2008-01-15 Interesting. That would sem to give the lie to my broker's (not Vgd) assertion that it was the Treasury's mistake. It has still...
by RustyShackleford
Mon Jan 26, 2015 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: wrong coupon payment on Jan 2028 TIPS
Replies: 7
Views: 979

Re: wrong coupon payment on Jan 2028 TIPS

I just got a call from my broker, whose fixed-income group is open now (closed on the weekend when I first called), and they agree now that the payment was wrong. He also said the fixed-income group "had a number of other tickets open" on this problem and are following up on it (presumably...
by RustyShackleford
Sat Jan 24, 2015 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: wrong coupon payment on Jan 2028 TIPS
Replies: 7
Views: 979

Re: wrong coupon payment on Jan 2028 TIPS

Got bored and called Schwab. The guy did not have the mojo to calculate the correct coupon payment and agree with me, but he was pretty assertive that what I see in my account is just what came from the Treasury, IOW that the mistake is the Treasury's, not the broker's. He'll have someone from the f...
by RustyShackleford
Thu Jan 22, 2015 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: wrong coupon payment on Jan 2028 TIPS
Replies: 7
Views: 979

Re: wrong coupon payment on Jan 2028 TIPS

That's correct, Rusty. Cf. 2015 TIPS Interest and OID and Jan 2028 TIPS History which show $9.8927 per $1,000 face value. Thanks for confirming. I don't own the Jan 2028 issue, but I own other TIPS that pay interest January 15th and my broker (Schwab) reported their interest correctly. In the past,...
by RustyShackleford
Thu Jan 22, 2015 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: wrong coupon payment on Jan 2028 TIPS
Replies: 7
Views: 979

wrong coupon payment on Jan 2028 TIPS

My brokerage does a weird thing where, when the biannual coupon payment on a TIPS comes, the wrong amount shows up, then it's reversed, and then the right amount shows up; I don't know why this happens, but it does, but the correct amount always wins. However, for the recent (1/15/2015) payment on t...
by RustyShackleford
Wed Jan 21, 2015 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: why did my portfolio perform so badly in '14 ?
Replies: 13
Views: 3467

Re: why did my portfolio perform so badly in '14 ?

1. If you have the option of rolling tIRA dollars into your T-C RA contract, that would certainly be an easy way to increase your allocation to TRAD. I like that way of doing it better than my suggestion of opening a T-C IRA for holding TREA. (This is all assuming that you want/need a higher alloca...
by RustyShackleford
Wed Jan 21, 2015 1:13 am
Forum: Investing - Help with Personal Investments
Topic: why did my portfolio perform so badly in '14 ?
Replies: 13
Views: 3467

Re: why did my portfolio perform so badly in '14 ?

HB, thanks for hanging in there ... It seems to me like you have two primary suggestions (paraphrasing, of course): 1. "Given that I'm underweight in bonds (and overweight in cash), and that fixed-income options are generally unappealing, you feel I should try to get some more money into TIAA T...

Go to advanced search