Search found 1092 matches

by 22twain
Thu Sep 14, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Best Lower Cost USA Cities to Live
Replies: 102
Views: 6845

Re: Best Lower Cost USA Cities to Live

If you're strictly looking for LCOL, I know of many small-ish cities in the South that would fit the bill, but I'm not sure I would live there because I would go crazy from lack of anything to do other than visit the local Wal-mart. Small-college towns do have some cultural amenities. Probably not ...
by 22twain
Mon Sep 11, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1659

Re: What index funds that will benefit from resent disasters

livesoft wrote:
Mon Sep 11, 2017 12:00 pm
ALL of them.
So you might as well go with a total stock market fund, if you aren't in one already. Vanguard's Total Stock Market ETF (VTI) is up more than 1% so far today.
by 22twain
Sun Sep 10, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: First Class Stamps on Large Packages
Replies: 23
Views: 1358

Re: First Class Stamps on Large Packages

can I bing in the package to the post office with 20 37c first class stamps already applied on the box to help pay for the $11.15 total cost to send the package? My understanding is yes - the postal service scanners are supposed to have the smarts to convert the forever type stamps to the current "...
by 22twain
Fri Sep 08, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Places to see in Chicago
Replies: 42
Views: 2359

Re: Places to see in Chicago

e5116 wrote:
Wed Sep 06, 2017 11:28 pm
check out a Swedish bakery in Andersonville
And while you're at it, having gone all the way up to Andersonville, check out the Swedish American Museum.
by 22twain
Fri Sep 08, 2017 6:57 am
Forum: Investing - Theory, News & General
Topic: Good Article on Retirement Investing and Withdrawals
Replies: 7
Views: 1416

Re: Good Article on Retirement Investing and Withdrawals

For most people, unlike some or most of us Bogleheads, Social Security will cover a major fraction of their retirement spending. The median household income is about $55K, which would probably give about $25K in SS at FRA.
by 22twain
Fri Sep 08, 2017 6:36 am
Forum: Investing - Theory, News & General
Topic: new to investing...[a little] help please?
Replies: 53
Views: 3147

Re: new to investing...[a little] help please?

i can buy a lot more shares of SCHB than i would VTI SCHB is about $60 per share whereas VTI is about $126 per share, so with (say) $3000 you can indeed buy more shares of SCHB. That doesn't make any difference except that with SCHB you're more likely to have less money left over from the fractiona...
by 22twain
Wed Sep 06, 2017 9:57 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1052

Re: Need Advise On Getting to Patriots Game, Foxborough

LoveMyDog wrote:
Wed Sep 06, 2017 5:59 pm
Maybe they control the number of people allowed on a train somehow?
That's what the special tickets are for, no?
by 22twain
Wed Sep 06, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: Dividends and Withdrawal Rate
Replies: 39
Views: 3078

Re: Dividends and Withdrawal Rate

If you want to compare your withdrawal rate with the values that are often bandied about here (the famous 4%, or other people's 3% or 2% or even the 1.4% that someone just today or yesterday wrote that he was aiming for), then you should include "harvested" dividends in that rate. As far as I know, ...
by 22twain
Tue Sep 05, 2017 7:44 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate -> 2% or lower
Replies: 72
Views: 7556

Re: Safe Withdrawal Rate -> 2% or lower

But there is certainly no reason to be significantly *less* aggressive than 60/40 with a 2% withdrawal rate. If you don't care about heirs/bequests then of course you could be more conservative just as you could also burn a $100 bill every night before going to bed. It seems there are two kinds of ...
by 22twain
Mon Sep 04, 2017 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with TIAA-CREF
Replies: 15
Views: 1581

Re: Help with TIAA-CREF

However, the CREF accounts do behave like mutual funds, with minimal restrictions on trades, transfers, rollovers etc. The CREF accounts differ from mutual funds in the way they handle dividends from the individual stocks that they contain. A mutual fund distributes the dividends to you. You can ei...
by 22twain
Mon Sep 04, 2017 12:23 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 316
Views: 28158

Re: Michael Kitces 4% rule podcast on Madfientist

4% failed for people who retired in 1966/1969. But the stock market crash didn't come until late 1973-1974. Surely the bigger factor in that failure wasn't the 1973/74 downturn, but rather the long period of a stagnant stock market combined with high inflation. Here's a cool chart showing the DJIA ...
by 22twain
Sun Sep 03, 2017 1:48 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 316
Views: 28158

Re: Michael Kitces 4% rule podcast on Madfientist

Can someone explain the bond/TIPS ladder? How is that income for retirement? From what I'm reading you reinvest the principal, No, you spend the principal. Each year, one bond or TIPS matures. Its value is enough to cover that year's expenses, or only your "floor" expenses if that's how you designe...
by 22twain
Sat Sep 02, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 316
Views: 28158

Re: Michael Kitces 4% rule podcast on Madfientist

Many of us probably personally know people who "stress tested" their finances via longevity. My MIL lived to 99 and spent her last 8 years in a nursing home. She still managed to leave some money behind because when she could no longer keep up her house, she sold it and moved to be near us in a LCOL...
by 22twain
Sat Sep 02, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Photobucket - disappearing images and $$$ - has it affected you?
Replies: 28
Views: 2454

Re: Photobucket - disappearing images and $$$ - has it affected you?

For a total of about $50 per year, you can buy your own domain name and a basic website-hosting service plan. Put up some simple web pages with your images and you can hotlink to them from forums etc. If you have even just a smidgen of coding ability, it takes only a small bare-bones subset of HTML ...
by 22twain
Fri Sep 01, 2017 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6002

Re: Bad Idea to Have Zero Credit Cards?

Worrying about grammar and spelling on a web forum is a sure road madness. I'm happy when people don't mix up "then" and "than". On this forum, the one that jumps out at me is people using "principle" to mean "principal", as in "I don't want to spend my principle." Some days I wonder if "principal"...
by 22twain
Wed Aug 30, 2017 6:40 am
Forum: Personal Finance (Not Investing)
Topic: How much sooner could you retire with NO property taxes?
Replies: 116
Views: 7142

Re: How much sooner could you retire with NO property taxes?

My property taxes run me about $1100/yr About the same for us until last year, when we became eligible for the senior citizen's exemption which cut it by about 1/3. On the other hand, when we were still earning normal salaries, we were paying state income tax at 7% marginal and about 5% effective r...
by 22twain
Sun Aug 27, 2017 5:21 am
Forum: Investing - Help with Personal Investments
Topic: How EXACTLY does investing work? PROs needed.
Replies: 5
Views: 862

Re: How EXACTLY does investing work? PROs needed.

If I never buy more shares, will I always have 740 shares of VFFVX? Most likely you will end up with more shares. Most mutual funds have dividends and capital gains, and when they are issued your number of shares goes up. If you re-invest dividends and capital gains distributions in the same fund, ...
by 22twain
Thu Aug 24, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 13693

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

How does pension and ss factor into this rule? Can you start with more than 4-4.5% if in 8-10 yrs a pension and ss can cover 1/3-1/2 of spending? Sure. You can estimate this with Firecalc. For example, with an initial balance of $1.0M, a 40-year withdrawal period, and no SS, a spending rate of $33K...
by 22twain
Tue Aug 22, 2017 11:30 pm
Forum: Personal Consumer Issues
Topic: Eclipse Traffic: predictions vs reality?
Replies: 64
Views: 4738

Re: Eclipse Traffic: predictions vs reality?

I live in the totality zone in upstate SC, so I didn't have to travel. After the eclipse, on the evening news of one of the TV stations in Greenville SC, the live traffic maps showed "red" on the northbound lanes of I-85 through Spartanburg towards the NC border, and on the southbound lanes past And...
by 22twain
Wed Aug 16, 2017 6:31 am
Forum: Investing - Theory, News & General
Topic: what was the actual return of BND last year?
Replies: 20
Views: 2301

Re: what was the actual return of BND last year?

Thanks, lack_y, your graph above makes my point. The money market fund beat BND last year in a climate of anticipated and actual rate hikes. Since this will likely continue, Let's all come back in three months with a new one-year graph that starts at the bottom of BND's dip, and see how the compari...
by 22twain
Thu Aug 10, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 6456

Re: What Percentage CASH are you?

Here's what I have at the moment. People use different definitions of "cash", so add up the items that fit your definition:

Folding green stuff: 0.02%
Checking accounts: 1.25%
Brokerage settlement fund (money market): 0.22%
CD: 3.70%
by 22twain
Mon Aug 07, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: How or if to use TIAA annuity
Replies: 32
Views: 1994

Re: How or if to use TIAA annuity

Beware the footnote:
1. Income and withdrawal options are subject to the terms of the employer plan.
To be sure about your options for getting money out, you need to read the terms of your employer's plan.
by 22twain
Sun Aug 06, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Buying a new TV. What do I need to know now?
Replies: 29
Views: 2371

Re: Buying a new TV. What do I need to know now?

BHUser27 wrote:It is very likely that separate receiver boxes will be the norm for the first 3.0 broadcasts.
As they were for ATSC 1.0 originally. I still have a couple of standalone HDTV tuners from c. 2005 in my closet, and I still use an HDTV that has no built-in ATSC tuner. I use it with a TiVo that does.
by 22twain
Sun Aug 06, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Buying a new TV. What do I need to know now?
Replies: 29
Views: 2371

Re: Buying a new TV. What do I need to know now?

Some of the models do not have a TV tuner in them now which means they cannot be hooked up to an antenna for over the air broadcasts so watch out for that. When I last shopped for a TV several years ago, the FCC required that devices without tuners had to be labeled as "monitors", not "TVs". I don'...
by 22twain
Sun Aug 06, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: Credit Card company email "Do you recognize this purchase?"
Replies: 27
Views: 2288

Re: Credit Card company email "Do you recognize this purchase?"

If you don't have the card any more, so you can't look up the phone number on it, go directly to the Capital One web site (use a Google search if you don't remember the address), and look up the customer support phone number there. If the e-mail gives a phone number, don't use it without verifying i...
by 22twain
Sat Aug 05, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Drinking water price craziness
Replies: 79
Views: 7637

Re: Drinking water price craziness

daveydoo wrote:If you're on municipal, you can call them but you're generally safe (Detroit, blah, blah, blah, I know).
Detroit's water is OK, as far as I know. Its neighbor Flint got into trouble when it stopped buying water from Detroit and started taking it from the Flint River instead, to save money.
by 22twain
Sat Aug 05, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: NYT: Buy more takeout and hire a maid, study suggests
Replies: 36
Views: 5959

Re: NYT: Buy more takeout and hire a maid, study suggests

We pay someone to mow our lawn. Well worth it in our hot muggy Southern summers. :beer My solution is location, location, location. Nobody can see our lawn unless they drive 700 feet off the road, up a hill through the woods. Unfortunately for that solution, we're in a very visible location. It's a...
by 22twain
Fri Aug 04, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate this? [Retirement planning based on income]
Replies: 22
Views: 2179

Re: How do you calculate this?

Next, you need to estimate your retirement income: pension (if any), SS, RMDs (after taxes have been paid on the withdrawals), annuities,... What is the shortfall between your expenses and income? I would argue that RMDs are not really "income" in the sense of this calculation, because they are alr...
by 22twain
Fri Aug 04, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Approaches (forced) - review my situation?
Replies: 42
Views: 7350

Re: Early Retirement Approaches (forced) - review my situation?

I'm concerned about the lack of growth potential with this approach. Sure, your tax-deferred accounts won't grow as fast because they have more bonds, but your taxable accounts will grow faster because they have more stocks. You'll have smaller RMDs, hence less taxes to pay on them, at normal incom...
by 22twain
Fri Aug 04, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Retirement: Living off Dividends or Cash Flow Reserve Strategy
Replies: 13
Views: 1476

Re: Retirement: Living off Dividends or Cash Flow Reserve Strategy

You have basically summarized a choice between a "dividends only" strategy and a "total return" strategy. Be forewarned that this is a subject of often-heated debate here, for example in this thread which is currently ongoing: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=224108 and this ear...
by 22twain
Fri Aug 04, 2017 7:35 am
Forum: Investing - Theory, News & General
Topic: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’
Replies: 24
Views: 2789

Re: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’

dwickenh wrote:You forgot GREED, an emotion that humans find hard to resist.
Even on this forum, witness the number of people looking for some kind of "edge" via tilting, sector bets, stock-picking and dividend-chasing.
by 22twain
Sun Jul 30, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: NYT: Buy more takeout and hire a maid, study suggests
Replies: 36
Views: 5959

Re: NYT: Buy more takeout and hire a maid, study suggests

We pay someone to mow our lawn. Well worth it in our hot muggy Southern summers. :beer
by 22twain
Fri Jul 28, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable Mutual Fund withdrawal question
Replies: 7
Views: 766

Re: Taxable Mutual Fund withdrawal question

You pay tax on the capital gains: the difference between what you paid for the shares that you sell (the "cost basis"), and the price that you sell them at. You didn't say how much you paid for the shares, so it's impossible to say how much tax you'll pay when you sell some of them. (We can of cours...
by 22twain
Thu Jul 27, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: VBTLX vs. BND--newbie to ETFs--HELP!
Replies: 18
Views: 1542

Re: VBTLX vs. BND--newbie to ETFs--HELP!

Based on the red and assuming one auto-reinvests....how would one re-balance if they held BND? as they'd need to sell "all" of it (?) to shift $$ into back into equities during a market downturn. No, you don't have to sell all of your BND, just a whole number of shares. If you have 120.6472 shares,...
by 22twain
Tue Jul 25, 2017 5:47 am
Forum: Investing - Help with Personal Investments
Topic: Investing Inheritance at age 24
Replies: 16
Views: 1745

Re: Investing Inheritance at age 24

Don't rush. For now, I would put the money in a savings account or a CD, depending on how soon you think you may actually need it, and what interest rates you can find. You won't get a whole lot of interest, but you should be able to get 1% or so, which is better than nothing. Then read the article ...
by 22twain
Mon Jul 24, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement withdrawals and the impact on your portfolio
Replies: 4
Views: 677

Re: Retirement withdrawals and the impact on your portfolio

You can use http://www.firecalc.com/ to simulate how your portfolio would have fared under various withdrawal rates, for periods ranging from the late 1800s up to recent times, including the Great Depression, the 1970s stagflation, etc.
by 22twain
Tue Jul 18, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5999

Re: Investment advice for $4 million - can I do all stocks?

What are your current expenses, and what you do you expect/want them to be when you retire? It makes a difference whether you're in a low- or medium-cost-of-living area with relatively inexpensive lifestyle, hobbies and/or travel, or in a high cost-of-living area, go to expensive restaurants and enj...
by 22twain
Sun Jul 16, 2017 2:06 am
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs robo investing program
Replies: 28
Views: 2394

Re: 3 fund vs robo investing program

We need bots to help on the buying side though. We need bots that will contact the Hollys and negotiate a price based on what we want. And do other things for us, representing our interests and priorities, not the vendor's. "Good morning, sir! While you were sleeping I renegotiated your car lease, ...
by 22twain
Sun Jul 16, 2017 1:21 am
Forum: Investing - Help with Personal Investments
Topic: Income from investments, have 200k to use.
Replies: 8
Views: 1242

Re: Income from investments, have 200k to use.

If she needs the $15K for just one or two years, she can get part of it from dividends from the $200K in a suitable stock or bond index fund, and sell some shares from those funds to get the rest of it. Or simply set aside $30K in a savings account for this purpose and invest the remaining $170K wit...
by 22twain
Thu Jul 13, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to Take the Plunge - Am I doing my 4-fund portfolio right? (Dumbest Post Ever?)
Replies: 7
Views: 931

Re: Ready to Take the Plunge - Am I doing my 4-fund portfolio right? (Dumbest Post Ever?)

International bonds are a rather new component of Vanguard's target retirement and other balanced funds. A lot of people here are skeptical about them and prefer to stick with a 3-fund portfolio using only domestic bonds (e.g. Total Bond Market). So I think it would be reasonable to replace the inte...
by 22twain
Thu Jul 13, 2017 1:19 am
Forum: Personal Consumer Issues
Topic: Best way to buy a iPAD
Replies: 13
Views: 1534

Re: Best way to buy a iPAD

Generally, when Apple introduces a new model of one of its devices, they cut the price of the preceding model to clear out stock. Therefore, if you don't need the "latest and greatest", you can save some money by buying the preceding model shortly after the new one appears. New desktop Macs and iPho...
by 22twain
Wed Jul 12, 2017 11:40 pm
Forum: Personal Consumer Issues
Topic: Outside Pittsburgh short trip ideas
Replies: 36
Views: 2377

Re: Outside Pittsburgh short trip ideas

Johnstown Inclined Plane - worth a ride up and down from the bottom. Note that the Johnstown Inclined Plane is different from the two inclines in Pittsburgh, because it carries both passengers and vehicles. The cars are much larger. If you're so inclined (heh), you can pay the extra fare and drive ...
by 22twain
Wed Jul 12, 2017 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after maxing out Roth IRA?
Replies: 9
Views: 2418

Re: What to do after maxing out Roth IRA?

What if your stipend gets cut back because of poor grades? It happened to me; my assistantship was cut back from 1/2-time to 1/4-time for a semester. What if you decide to bail out of academia, or you don't get a postdoc... how long would it take you to find a "real job"? Your emergency fund should ...
by 22twain
Tue Jul 11, 2017 11:24 pm
Forum: Personal Consumer Issues
Topic: Outside Pittsburgh short trip ideas
Replies: 36
Views: 2377

Re: Outside Pittsburgh short trip ideas

A bit specialized, but what the heck (I've actually visited these at various times, with one exception, and enjoyed them): East Liverpool, Ohio: the Pottery Museum chronicles the now mostly-gone pottery industry in the area around the northern bend of the Ohio River. If you're into college football,...
by 22twain
Tue Jul 11, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on individual dividend investing?
Replies: 80
Views: 5595

Re: Thoughts on individual dividend investing?

While dividends are taxed as ordinary income, long term capital gains are usually taxed at a lower rate. My father-in-law worked for the original AT&T (pre-breakup) so my wife inherited shares of various post-breakup descendants. Last year she received dividends from AT&T, Verizon, CenturyLink and ...
by 22twain
Mon Jul 10, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5238

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

https://www.cancer.org/latest-news/world-health-organization-says-processed-meat-causes-cancer.html Overall, the lifetime risk of someone developing colon cancer is 5%. To put the numbers into perspective, the increased risk from eating the amount of processed meat in the study would raise average ...
by 22twain
Sun Jul 09, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: New member asking about initial portfolio choices
Replies: 18
Views: 1850

Re: New member with no direction

Perhaps I am missing something but how can you add $20k to your IRA accounts as a catch-up? :?: I think you're missing that this is a SIMPLE IRA for self-employed folks. (At least that's how I interpret his statement.) The contribution limits are higher for these than for ordinary IRAs (traditional...
by 22twain
Thu Jul 06, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Index ETF vs. Index Mutual Fund
Replies: 7
Views: 778

Re: Index ETF vs. Index Mutual Fund

Welcome to Bogleheads!

The Bogleheads Wiki has a page about this question:

https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds
by 22twain
Wed Jul 05, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: "What I Learned From My 'Faux-tirement'"
Replies: 33
Views: 6988

Re: "What I Learned From My 'Faux-tirement'"

Also what does the employer do about the missing worker's responsibilities? Is it just "piled" on top of the same level workers or do they hire temps? They would probably set their overall staffing level taking into account that a certain number would be away at any given time, and shuffle duties a...