Search found 902 matches

by 22twain
Wed Aug 24, 2016 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Help Investing for Retirement
Replies: 12
Views: 763

Re: Beginner Help Investing for Retirement

The Three-Fund Portfolio is definitely something I am interested in. Does a Target Retirement Fund fit into that plan? A target retirement fund basically combines the three funds into a single fund that automatically rebalances among its components, and decreases the proportion of stocks as you get...
by 22twain
Wed Aug 24, 2016 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Parents have enough for retirement?
Replies: 22
Views: 2348

Re: Parents have enough for retirement?

ensure they can report an income over 24K in order to get maximum tax credits for mom's obamacare. How did you get that figure? In my state (which has not set up its own exchange and uses healthcare.gov), the income range for two people that qualifies for cost-sharing subsidies in addition to the n...
by 22twain
Wed Aug 24, 2016 1:43 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 34
Views: 2580

Re: Aug. 2017 US total eclipse hotel reservations.

I live in the totality zone, so I'm not worrying about hotel reservations. :D

If the weather turns out bad, I'll have to evaluate how far I can drive, but by then of course a lot of hotels will be booked up already. Even without the eclipse, it's summer travel season.
by 22twain
Wed Aug 24, 2016 1:23 am
Forum: Personal Finance (Not Investing)
Topic: Did you use Real Estate to build wealth?
Replies: 45
Views: 3226

Re: Did you use Real Estate to build wealth?

I've benefited indirectly from real estate. My parents bought an apartment in South Florida, which my mother sold in 2005 when she moved into a retirement home. This turned out to be just before the peak of the housing market in that area. When she died a few years later, about half of the value of ...
by 22twain
Sun Aug 21, 2016 4:26 am
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 99
Views: 5127

Re: What is your system for dealing with coins?

Same here. I still use cash for small purchases, and make an effort to spend the coins about as fast as they come in. I usually have up to $1.50 in coins in an oval plastic change purse in my pocket. The only "extra" coins that I keep on my dresser or in the car are a few dollars' worth of...
by 22twain
Thu Aug 18, 2016 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: What is 4 more years of work worth? (Retirement Question)
Replies: 38
Views: 3504

Re: What is 4 more years of work worth? (Retirement Question)

The only "larger" expenses that he can foresee in the future is helping with two weddings for his children and buying a second condo in Florida What about health insurance? Will they be covered by retiree health care benefits until age 65, or will they have to buy coverage on the open mar...
by 22twain
Mon Aug 15, 2016 2:07 am
Forum: Investing - Theory, News & General
Topic: "The Minority of Investors" ... Billionaires
Replies: 35
Views: 3638

Re: "The Minority of Investors" ... Billionaires

People become billionaires by owning and running a business. Gates. Zuckerberg. Ellison. Sam Walton. However, most people who own and run businesses don't become billionaires. Most startup businesses fail, right? If you get lucky early on, you can become a billionaire. Otherwise, you're more likely...
by 22twain
Mon Aug 15, 2016 1:38 am
Forum: Investing - Help with Personal Investments
Topic: what to buy when stock market is a new high?
Replies: 37
Views: 5227

Re: what to buy when stock market is a new high?

wlht wrote:Still have about 150k in my Vanguard account


How does that compare in size to the rest of your portfolio (the part not covered by the "still")? If it's a lot smaller, then it doesn't make a lot of difference what you do with it.
by 22twain
Sat Aug 13, 2016 10:15 pm
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 144
Views: 7842

Re: Are you on Facebook?

I finally broke down and set up a Facebook account about a month ago. Some hobby-related organizations that I like to keep track of, now tend to put their news on Facebook pages instead of their web sites, probably because it's easier to do than managing a web site, even a WordPress-based one. I use...
by 22twain
Sat Aug 13, 2016 5:33 pm
Forum: Personal Consumer Issues
Topic: Do you wash your car yourself, or have it done?
Replies: 96
Views: 5221

Re: Do you wash your car yourself, or have it done?

Here in the Southeast we get significant snow maybe once every two years, and the city responds with sand, not salt. Instead, we have pine-pollen season from late March through the end of April. During that period I drive my car through an automatic car wash a few times. The rest of the year, I do i...
by 22twain
Thu Aug 11, 2016 1:15 am
Forum: Personal Finance (Not Investing)
Topic: moving to Thailand: US taxes + how to get money back to the US?
Replies: 31
Views: 2587

Re: moving to Thailand: US taxes + how to get money back to the US?

in_reality wrote:Schwab says they will take a wife in a foreign currency


Cue Henny Youngman... :wink:
by 22twain
Wed Aug 10, 2016 1:50 am
Forum: Personal Consumer Issues
Topic: Visiting Washington, DC
Replies: 23
Views: 1459

Re: Visiting Washington, DC

For getting around: besides the Metro, the DC Circulator buses are handy for tourists. One route runs basically the length of the Mall. Do a Google search to find their web site.
by 22twain
Tue Aug 09, 2016 2:04 am
Forum: Personal Consumer Issues
Topic: Solo Travel
Replies: 40
Views: 3562

Re: Solo Travel

I do solo trips regularly, focused on my hobbies, with little "normal" sightseeing or other tourist-type activities. I save those for when my wife and I travel together. In fact, I'm on such a trip right now: eight days in Portland OR, including day-trips to other towns in the region. I ma...
by 22twain
Wed Aug 03, 2016 10:03 am
Forum: Investing - Theory, News & General
Topic: Why does the stock market "always go up"? Will this persist?
Replies: 50
Views: 8562

Re: Why does the stock market "always go up"? Will this persist?

After about ten minutes of reading, I started to think, hmmm, some of this sounds familiar. Then I realized this thread is almost two years old. :annoyed
by 22twain
Mon Aug 01, 2016 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: RSU's vesting, looking for advice. New to Boglehead mindset!
Replies: 12
Views: 1010

Re: RSU's vesting, looking for advice. New to Boglehead mindset!

Dividends from bond funds are taxed as ordinary income.

Dividends from index stock funds are generally "qualified dividends" which are taxed like long term capital gains, at lower rates than ordinary income.
by 22twain
Sat Jul 30, 2016 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Another can we retire...
Replies: 51
Views: 5508

Re: Another can we retire...

Ameriprise had net earnings of $1,562,000,000 on net revenues of $12,170,000,000 in 2015. That amounts to earnings per share of $8.48 or which $2.59 was paid as a cash dividend. So should Ameriprise clients invest a good chunk of their portfolios in Ameriprise stock, so as to get some of their fees...
by 22twain
Sat Jul 30, 2016 12:05 am
Forum: Personal Consumer Issues
Topic: Never owned a cell phone.
Replies: 41
Views: 1889

Re: Never owned a cell phone.

[ADDED] Consumer Cellular is highly regarded. They have a text-and-data plan for $2.50/month which allows 300 text messages. The service is provided over AT&T and T-Mobile networks. It seems suitable for what I'm looking for, but the monthly cost seems too cheap and I wonder if I'm missing some...
by 22twain
Fri Jul 29, 2016 11:12 pm
Forum: Personal Consumer Issues
Topic: Breathe Right nasal strips: more economical alternative?
Replies: 16
Views: 1390

Re: Breathe Right nasal strips: more economical alternative?

I used Breathe Right strips for several years, then I became allergic or something to them, and to the generic CVS version at least. I tried a couple of intranasal appliances, and found that the SleepRight breathe aids work well for me. https://www.amazon.com/Intra-Nasal-Breathe-Aid-45-Day-Supply/dp...
by 22twain
Thu Jul 28, 2016 12:18 am
Forum: Investing - Theory, News & General
Topic: Dividend stocks or real estate rental
Replies: 51
Views: 2650

Re: Dividend stocks or real estate rental

TonyDAntonio wrote:You will be selling stocks that are going down in value.


If stocks are down, I'd most probably be selling from bond funds. Unless we have a real stock-n-bond-pocalypse which makes both of them drop significantly...
by 22twain
Wed Jul 27, 2016 11:56 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks or real estate rental
Replies: 51
Views: 2650

Re: Dividend stocks or real estate rental

Would you rather invest $500,000 in T and VZ and 'make' $2000 per month (paid quarterly) in dividends or would you rather buy a house and rent it out for $2000 Neither. I would invest it in a suitable combination of a total stock market index fund, a total international stock market index fund, and...
by 22twain
Wed Jul 27, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Housing for newlyweds
Replies: 18
Views: 1668

Re: Housing for newlyweds

How likely is it that you'll have to (or want to) take a job that is not within commuting range of where you are now? Most people don't consider buying a house until they're reasonably confident that they're going to stay in that area for several years at least.
by 22twain
Thu Jul 21, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 16283

Re: How many folks choose to give inheritance to their children in unequal portions?

Also consider that it's impossible to predict the future. The "responsible child" who doesn't appear to need the money now may become disabled, or otherwise lose his job and not be able to find a new one despite his best efforts and therefore be forced to retire early. The "irresponsi...
by 22twain
Thu Jul 21, 2016 10:15 am
Forum: Investing - Help with Personal Investments
Topic: getting married/divorced- affects on portfolios, IRAs etc?
Replies: 16
Views: 1350

Re: getting married/divorced- affects on portfolios, IRAs etc?

Suppose 'Bob' works and contributes to an IRA at work. IRA at work? Are you talking retirement plans at work like SIMPLE IRA or SEP IRA or Individual IRA? a standard IRA with an employer match etc. Not a simple or SEP. That sounds more a 401(k) or 403(b) plan. To me (and I suspect to most people he...
by 22twain
Wed Jul 20, 2016 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help With Picking Job Title at Startup
Replies: 36
Views: 2445

Re: Help With Picking Job Title at Startup

Grand Pooh-Bah. :P
by 22twain
Wed Jul 20, 2016 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling discouraged
Replies: 60
Views: 5955

Re: Feeling discouraged

EhMerman wrote:how to make my partner's cat not hate me with the passion of a thousand suns.

Maybe you could try this book and report back on the results: 97 Ways to Make a Cat Like You (I just saw it in a bookstore the other day.)
by 22twain
Wed Jul 20, 2016 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Adopt my Girlfriend???
Replies: 38
Views: 6601

Re: Adopt my Girlfriend???

PapaGeek wrote:According to my Citigroup pension, she is my OGDP! Opposite gender domestic partner!


So that's the new term for POSSLQ? 8-)
by 22twain
Wed Jul 20, 2016 6:19 am
Forum: Investing - Help with Personal Investments
Topic: Immediate annuities and my retirement plan
Replies: 48
Views: 4169

Re: Immediate annuities and my retirement plan

1. will 11 years of paying SS result in any SS payout? does one need to pay SS taxes for a minimum amount of time if one is to expect a SS payout? You need 40 quarters (ten years) of SS contributions. 2. how do I calculate how much SS (if any) I could expect to collect at age 70? The best way is to...
by 22twain
Tue Jul 19, 2016 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling discouraged
Replies: 60
Views: 5955

Re: Feeling discouraged

This graph compares the total accumulated value of my 403(b) account to my contributions, through the middle of last year. Note how long it took for the two lines to start to diverge significantly.

Image
by 22twain
Tue Jul 19, 2016 6:13 am
Forum: Investing - Help with Personal Investments
Topic: How would you invest a $80K lump sum?
Replies: 10
Views: 1119

Re: How would you invest a $80K lump sum?

If I go with DCA, for how long should I spread out the in-flow, a quarter, a year? Several years ago, I invested the proceeds from a CD that was about the size you're dealing with. I split it into 3 or 4 chunks and put them in over a period of maybe 2 weeks. This was to smooth out the effects of da...
by 22twain
Mon Jul 18, 2016 9:47 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Annuity as sole fixed income component
Replies: 66
Views: 5384

Re: TIAA Traditional Annuity as sole fixed income component

The type of account in which you, or anyone, holds these instruments is easy to determine: It's printed on your TIAA statements. If, for example, a person holds TIAA Traditional in a contact labeled "Retirement Annuity" and also holds TIAA Traditional in a contract labeled "Group Sup...
by 22twain
Sun Jul 17, 2016 10:39 pm
Forum: Investing - Theory, News & General
Topic: Newpaper HL: Rocky Times In Bond Market
Replies: 21
Views: 1180

Re: Bond Drop

. The worse recent drop I could find with a quick check of charts on Morningstar was a drop of 9.20% for "Barclays US Agg Bond TR USD" benchmark for April 1979 to March 1980. For the OP's portfolio ($950K with 40% in bonds) that would mean an overall drop of about 3.7% or $35K. During the...
by 22twain
Wed Jul 13, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: ETFs or actively managed funds
Replies: 6
Views: 717

Re: ETFs or actively managed funds

I know bogleheads always emphasise using ETFs and not active funds due to their high fees. I think it's more accurate to say that we emphasize using index funds and not active funds. Index funds can be either in the traditional mutual fund format, or in ETF format. For example, you can buy Vanguard...
by 22twain
Tue Jul 12, 2016 1:40 am
Forum: Investing - Theory, News & General
Topic: Backgroung information about retirement in US
Replies: 10
Views: 1281

Re: Backgroung information about retirement in US

You should also keep in mind that Social Security is designed to "replace" a larger fraction of smaller incomes than larger incomes. The cost of living, general income levels, and lifestyles vary widely between different parts of the US. People on this forum tend to live in expensive locat...
by 22twain
Mon Jul 11, 2016 11:22 pm
Forum: Investing - Theory, News & General
Topic: "Jane Bryant Quinn: Plan for a long retirement and maybe even a 101st birthday party."
Replies: 66
Views: 6431

Re: "Jane Bryant Quinn: Plan for a long retirement and maybe even a 101st birthday party."

A retired faculty member here died recently at the age of 109. He was living in a local retirement home and was still going to football and basketball games at the college last year.
by 22twain
Mon Jul 11, 2016 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Good Non-Computer Jobs?
Replies: 16
Views: 1813

Re: Good Non-Computer Jobs?

It it safe for you to use tablet- or smartphone-type devices for limited data entry, for example as a UPS delivery driver? It seems to me that more and more jobs use those.
by 22twain
Mon Jul 11, 2016 12:25 am
Forum: Investing - Help with Personal Investments
Topic: TIAA- Traditional (which one?) vs Bond Market
Replies: 7
Views: 569

Re: TIAA- Traditional (which one?) vs Bond Market

TIAA Traditional, of which there are 3 varieties available- the GSRA at 3%, which according to my understanding is liquid, the RA at 3.5%, which according to my understanding is not, and the SRA at 3%, which I believe is Do you actually have a choice of which one you can place your contributions in...
by 22twain
Mon Jul 11, 2016 12:20 am
Forum: Personal Consumer Issues
Topic: Purchasing physical gold??
Replies: 52
Views: 7055

Re: Purchasing physical gold??

KlangFool wrote:OP,


...who posted his question more than two years ago. :wink:
by 22twain
Sun Jul 10, 2016 4:03 am
Forum: Investing - Help with Personal Investments
Topic: How to get rid of fractional shares
Replies: 12
Views: 2058

Re: How to get rid of fractional shares

Epsilon Delta wrote:If you must show prejudice towards numbers, couldn't you at least reserve it for those that are unreal instead of just unnatural?

Imaginary shares? Wasn't that Bernie Madoff's specialty?
by 22twain
Sun Jul 10, 2016 3:34 am
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 23910

Re: Where were you financially when you were at 30?

When I turned 30 (more than 30 years ago!) I was in the first year of my first "real job" after finishing a Ph.D. in a STEM field, teaching at a small college and earning about $50K in today's dollars. I was single, renting the ground floor of a house across the street from campus. My car ...
by 22twain
Thu Jul 07, 2016 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Sry! basic Q: Roth and after tax investment withdrawal in retirement
Replies: 15
Views: 1042

Re: Sry! basic Q: Roth and after tax investment withdrawal in retirement

Yes, the part of your long term capital gains that is taxed at a 0% rate is included in your AGI (line 37 at the bottom of page 1 of Form 1040). The 0% rate is implemented in the "Qualified Dividends and Capital Gains Tax Worksheet" or the "Schedule D Tax Worksheet" depending on ...
by 22twain
Tue Jul 05, 2016 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 57
Views: 3534

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

They dont work... which means tax bracket currently 0, what would you suggest then? No Social Security? No pensions? No taxable interest or dividends? [added] I just realized, if their other income is low enough, their SS probably isn't taxable, in which case their taxable income may well be very l...
by 22twain
Tue Jul 05, 2016 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 57
Views: 3534

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

Look up their taxable income (line 43) on last year's tax return and compare it to a list of tax bracket amounts. That will tell you about how much additional they can take per year from the IRA before going into the next tax bracket. (Assuming of course that any other sources of income are reasonab...
by 22twain
Mon Jul 04, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: What is your credit card APR?
Replies: 40
Views: 1726

Re: What is your credit card APR?

From the most recent statements on my three cards:

12.42% (AT&T Universal Platinum [Citi] Mastercard)
12.99% (SunTrust Rewards VISA)
15.24% (Chase Freedom VISA)

...but I too never carry a balance, so I don't care what the rates are, which is why I had to look them up.
by 22twain
Mon Jul 04, 2016 10:18 am
Forum: Investing - Theory, News & General
Topic: A few questions [Tracking mutual fund prices vs. ETF]
Replies: 8
Views: 834

Re: A few questions

@22twain: Thanks for the formula! Is there a name for it and why does this allow an accurate prediction of the following day's VTSMX prices? Thanks! I don't know any name for it. It follows from the two prices being proportional, plus a little bit of algebra: (current VTSMX) = (current VTI) * k (pr...
by 22twain
Mon Jul 04, 2016 10:02 am
Forum: Personal Consumer Issues
Topic: Specifying type of room at cheap national chains?
Replies: 29
Views: 2124

Re: Specifying type of room at cheap national chains?

I thought cheap national motel chains meant doors open to the outside walkway even on the 2nd, 3rd floors. Hotels have doors than open to an inside hallway. I think most or all the Super 8's that we've stayed in have had inside hallways. Motel 6 seems to be in a transition: older units have outside...
by 22twain
Mon Jul 04, 2016 12:15 am
Forum: Investing - Theory, News & General
Topic: A few questions [Tracking mutual fund prices vs. ETF]
Replies: 8
Views: 834

Re: A few questions

So how can I look at VTI prices and somewhat predict the mutual fund prices for Total Stock Market? The two prices should be very nearly proportional to each other. So if you know the prices of VTI and VTSMX at the end of a day, you should be able to estimate at any time the following day: (current...
by 22twain
Sun Jul 03, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Long term investing for grandkids
Replies: 10
Views: 391

Re: Long term investing for grandkids

Argh, you slipped in while I was editing! :P
by 22twain
Sun Jul 03, 2016 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Long term investing for grandkids
Replies: 10
Views: 391

Re: Long term investing for grandkids

Since I am not selling anything, what will be the cost basis when my grandkids get this? If they receive it as a gift while you're alive, their cost basis will be what you paid for it when you bought it, plus reinvested dividends. If they receive it as an inheritance after you die, their cost basis...
by 22twain
Tue Jun 28, 2016 10:30 pm
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 5435

Re: Why is everyone up in arms about Costco's credit transition?

Pacman wrote:I only have an Amex and Mastercard. I guess thats the end of Costco for me. :-(


Costco doesn't take Mastercard at all? :shock:
by 22twain
Wed Jun 22, 2016 9:20 pm
Forum: Personal Consumer Issues
Topic: Using toll roads without transponder?
Replies: 19
Views: 1588

Re: Using toll roads without transponder?

Where we live in NC there are no toll roads (yet) so we do not have a transponder. I guess you don't live in the Triangle area. :wink: I got a bill from NC Quick Pass a few months ago for using the Triangle Expressway just west of Raleigh, even though I've never used it and haven't even been in tha...

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