Search found 125 matches

by AllieTB1323
Mon Jul 17, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: VWINX a 1-Stop Shop? [Vanguard Wellesley]
Replies: 51
Views: 10562

Re: VWINX a 1-Stop Shop? [Vanguard Wellesley]

We have VWINX happy with it. A more "Boglesque" similar fund (or "Sharpesque") might be Life Strategy Moderate Growth VSMGX, which is total market index. Believe performance is a notch above VWINX. In Fidelity I use PONDX as a surrogate which seems to match VWINX Given VWINX is ...
by AllieTB1323
Sun Jul 16, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Transferred Roth from NWM to Fidelity, now what?
Replies: 14
Views: 784

Re: Transferred Roth from NWM to Fidelity, now what?

A Fidelity site search for "FIDELITY FREEDOM" will return a list of their target date funds. Don't consider the Fidelity Freedom Funds. They have higher expense ratios. Consider only the Fidelity Freedom Index Funds. They have lower expense ratios. Yup, Fido has about 33 target dated fund...
by AllieTB1323
Fri Jul 14, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: Fascinating Morningstar Article - Mutual Fund Flows
Replies: 25
Views: 2534

Re: Fascinating Morningstar Article - Mutual Fund Flows

tennisplyr wrote:I'm in Vanguard (75%) and Fidelity (25%). Does anyone else believe they shouldn't have all their eggs in one basket??


My thoughts exactly. I worry more about the backend IT function than I do about liquidity.
by AllieTB1323
Fri Jul 14, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 7049

Re: how to destroy hard disk with personal info

Mike Scott wrote:There is something very satisfying about laying a hard drive on an anvil and smacking it with an 8lb sledge. It's effective as well as being cheap entertainment.


In much the same fashion I put one in a large vise then tried to put a ninety degree bend in the case using a hand sledge.
by AllieTB1323
Thu Jul 13, 2017 6:55 pm
Forum: Personal Consumer Issues
Topic: Hotel tipping: how much to leave?
Replies: 72
Views: 3588

Re: Hotel tipping: how much to leave?

I leave $5 on the desk. This is one of the few activities where I still use cash. The only other things that come to mind are the barbershop and to pay for parking at the stadiums in Philly to see one of my teams lose again. Ditto, five bucks a night. For us it's a trip to Seattle to watch the M's ...
by AllieTB1323
Wed Jul 12, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Credit card vrs checking account for utility bills
Replies: 23
Views: 1596

Re: Credit card vrs checking account for utility bills

I pay all our utility bills using a Cash Back reward CC. The CC is on autopay from the check account.

FYI: Debit cards, since they are a direct line to the checking account scare the heck out of me.
by AllieTB1323
Mon Jul 10, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 47
Views: 3270

Re: Fidelity, Vanguard or Schwab? I need to choose.

chinto wrote:
bondsr4me wrote:
Wricha wrote:Personally over the course of 30 years I have been with all three, Schwab's service is heads above Fidelity and heads and shoulders above Vanguard (this is capital offense on this site)


+1

I tend to agree with it all.

Don


I agree too.


Yup, never cross the third rail of Vanguardism.
by AllieTB1323
Mon Jul 10, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 47
Views: 3270

Re: Fidelity, Vanguard or Schwab? I need to choose.

Since my Fido index funds have an insignificant lowered cost than the comparable Vanguard fund then they are inferior. Thanks for setting me straight.
by AllieTB1323
Mon Jul 10, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 47
Views: 3270

Re: Fidelity, Vanguard or Schwab? I need to choose.

Personally over the course of 30 years I have been with all three, Schwab's service is heads above Fidelity and heads and shoulders above Vanguard (this is capital offense on this site) +1 I tend to agree with it all. Don Haha, make that a +2. In my world this is an example of experimenter bias.
by AllieTB1323
Mon Jul 10, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 47
Views: 3270

Re: Fidelity, Vanguard or Schwab? I need to choose.

See the difference? Not in the fund, but in the fee. Why pay more? People do because Fidelity makes the first fund very visible, but you've got to dig deeper to find the other (lower class index) fund. Why do you suppose that is? Be careful out there. Know what you're paying. Don't be duped. Vangua...
by AllieTB1323
Sun Jun 18, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 5143

Re: Best Financial Advice from Dad (in honor of father's day)

My father's actions always spoke louder than his words. He was the epitome of stealth wealth. I had no idea how much money he had until he passed away, but I always knew from the way he conducted himself that he had great financial confidence and assurance. Now I know why. My dad always said people...
by AllieTB1323
Sun Jun 11, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: medicare premium amount
Replies: 37
Views: 2374

Re: medicare premium amount

You can apply to have the IMRR recalculated/reduced when or if you or your spouse stop working or your income is reduced to the next lowest income tier. Otherwise, you will have to wait for SSA to adjust it downward based on your future lower-MAGI tax return. You will need to verify your new income...
by AllieTB1323
Tue May 23, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 11330

Re: Zacks says sell Wellesley!?

Vanguard Wellesley (VWIAX), Own a small position and haven't any plans to sell. Our timeline is measured in decades so the day to day noise isn't important. Reflexive trading raises costs and brings down the return. Isn't Jack Bogle's advise something like "Don't do something; just stand there&...
by AllieTB1323
Sat May 20, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3542

Re: Should I sell my business?

Seller financed business sales are scary. Check around, too many come back to the seller. I'm a proud, retired former owner of a small service business. The business provided us with about 300K per year. We sold it for about 3.5X the cash flow. We financed the sale. Our goal was NOT to have the buye...
by AllieTB1323
Tue May 16, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Best argument you've heard against passive/for active?
Replies: 49
Views: 4338

Re: Best argument you've heard against passive/for active?

what are the most convincing arguments people have heard against passive investing or in favor of active investing? Vanguard Wellington +1 Wife & I hold Wellington & Wellesley in our TIRAs. With those track records & ER's it feels kinda wrong to call them active. :happy Ditto, DW and I ...
by AllieTB1323
Mon May 15, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: How many firms do you use?
Replies: 39
Views: 2868

Re: How many firms do you use?

Two retirement accounts and a brokerage account at Fidelity. One brokerage account at Vanguard. Two money market accounts; one is at AMEX and the other is at GS. DW isn't comfortable having everything at one firm. Think it is wise to invest in TSM at both VG and Fidelity? Can't see it being a probl...
by AllieTB1323
Sun May 14, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy Conservative Fund or its 4 fund equivalent
Replies: 9
Views: 1225

Re: LifeStrategy Conservative Fund or its 4 fund equivalent

Is the account taxable? If so wouldn't the rebalancing of the individual funds trigger a potential tax liability?
by AllieTB1323
Sun May 14, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: How many firms do you use?
Replies: 39
Views: 2868

Re: How many firms do you use?

Two retirement accounts and a brokerage account at Fidelity. One brokerage account at Vanguard. Two money market accounts; one is at AMEX and the other is at GS. DW isn't comfortable having everything at one firm.
by AllieTB1323
Fri Apr 28, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 23
Views: 2262

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

A few years ago we moved a taxable account from RBC to Fidelity. No problem. It was painless; they did all the work.
by AllieTB1323
Tue Apr 25, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 21008

Re: Any regrets living a frugal life for high income/high networth individuals?

We are not frugal, but we are very much LBYM. Last year, our expenses were 43% of our total gross income. What didn't go to taxes was invested. I've found that there's probably greater satisfaction to be had in small, frequent luxury items. Opt for a $20 sushi lunch when I feel like it? Sure. Drop ...
by AllieTB1323
Thu Apr 20, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1530

Re: Moving my mother's obscure funds to Vanguard

From experience I can say RBC will charge an account closure fee but it is money well spent.
by AllieTB1323
Thu Apr 20, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 39348

Re: Larry Swedroe says "Goodby."

I too have always enjoyed Larry's informative, insightful and thought provoking posts. Bogleheads will be less without them. I can only hope that Larry will take a break and then decide to come back and participate at a level that he is more comfortable with and ignoring the "noise." I kn...
by AllieTB1323
Sat Apr 15, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Grass is always greener!
Replies: 16
Views: 2938

Re: Grass is always greener!

Before you start putting a bunch of stuff on the lawn, have the soil tested so you know what the deficiencies are. We had very low PH soil so it took a couple of years to raise the PH. Then we had the front lawn killed and seeded in the fall. This fall we will kill the back yard and seed. Unless yo...
by AllieTB1323
Mon Apr 10, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: The Stages of Retirement Saving
Replies: 55
Views: 10848

Re: The Stages of Retirement Saving

Always had one number - enough to support same financial lifestyle as when working (plus a buffer) when not working. Shedding debt and dependants are as important as savings in this equation if not more so. 22 months out and looking good - set my date in 1990 and haven't changed it other than a few...
by AllieTB1323
Thu Mar 30, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 162
Views: 24545

Re: What was your costliest investment mistake?

Twice, the first was getting talked into purchasing Munder NetNet B during the dot.com boom. It went straight up and defied Newtonian physics on the way down. The second was believing anything Washington Mutual management said about the company's stability. Made a great tax deduction. Munder taught ...
by AllieTB1323
Tue Mar 28, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Chores for elementary school age kids?
Replies: 18
Views: 1540

Re: Chores for elementary school age kids?

Our two girls were responsible for clearing the dining room table, loading the dishwasher, making their beds etc. Yup, we almost always ate dinner together at the table. As they became teenagers they also worked part time at our business. I think the work and chores helped our girls become organized.
by AllieTB1323
Sun Mar 12, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 300K, how to reinvest?
Replies: 30
Views: 2773

Re: Inherited 300K, how to reinvest?

I would absolutely move the IRA to Vanguard and get it set up however you want. Do a search for "three fund portfolio" or pick a Target Date fund that suits. The "basis" of the Oakmark should be the value at the time of the inheritance. The only tax consequences would be on gain...
by AllieTB1323
Mon Mar 06, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Do returns ever justify higher ERs?
Replies: 21
Views: 1742

Re: Do returns ever justify higher ERs?

The fund is an odd duck. I have a very small allocation in it. Here is a recent WSJ article about the fund.

https://www.wsj.com/articles/getting-sh ... 1488554133
by AllieTB1323
Sat Mar 04, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Where do you order checks from?
Replies: 57
Views: 4051

Re: Where do you order checks from?

Costco https://www.costcochecks.com/p/blue-safety-checks/88345 not sure about shipping We write 5 checks a month mostly to a home cleaner and a trainer. They'd prefer cash but will accept a check. So the Costco quantity should last about 5 years. We try to charge everything. If we have to write a c...
by AllieTB1323
Fri Mar 03, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: Giving my lawn the TLC it needs
Replies: 69
Views: 4271

Re: Giving my lawn the TLC it needs

In a prior life I was an agronomist and owned and operated a private soil testing lab. So can I ask some questions then please? I just assume that homeowners who have soil tests done dig up a little bit of soil from one place in the yard and send it off. I can imagine that different parts of the ya...
by AllieTB1323
Fri Mar 03, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Giving my lawn the TLC it needs
Replies: 69
Views: 4271

Re: Giving my lawn the TLC it needs

Throw away the estimate if they're not doing a soil test. As someone earlier suggested, go to http://www.aroundtheyard.com forums. Spend $20 for a soil test and post the results there. They will give you a plan for what you need to do with mostly non-chemical fertilizers. They are very helpful and ...
by AllieTB1323
Sat Feb 25, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting Aging Parrents - Advice Please
Replies: 25
Views: 2948

Re: Protecting Aging Parrents - Advice Please

Also, check to see if your state has laws governing the financial exploitation of vulnerable adults. We used the Washington State DSHS to chase away a few grifters angling for my stepfather's assets.
by AllieTB1323
Sat Feb 25, 2017 1:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 6848

Re: Vanguard Lousy Customer Service

Cut them a little slack because they are growing rapidly. Just reached $4 trillion in assets. They are kind of the Costco of the investing world. Low prices and best products but minimal customer service to keep costs down. Don't know about you but I'm less than tolerant about service providers scr...
by AllieTB1323
Tue Feb 14, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: 24 with a $300,000 trust. Need Advice
Replies: 13
Views: 1329

Re: 24 with a $300,000 trust. Need Advice

Do you have a copy of the trust document? If not, get one. You are entitled to it, and should insist. If PNC is the trustee, talk to their trust department. Then read through the trust to see what rights you have to appoint or change trustees. Also read what the trust directs the trustees to do. Ma...
by AllieTB1323
Fri Feb 10, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest- fear of crash
Replies: 58
Views: 4807

Re: When to invest- fear of crash

The biggest losers during the 2000 and 2008 declines were those who sold at the lows and never went back into the markets.

Since I have a tendency to fuss about the day to day market moves (noise) I simply setup periodic automatic buys and stopped watching the random price changes.
by AllieTB1323
Fri Feb 10, 2017 5:03 pm
Forum: Investing - Theory, News & General
Topic: What is the prediction of future long-term returns for your portfolio?
Replies: 63
Views: 5445

Re: What is the prediction of future long-term returns for your portfolio?

Expect 5.0%

Plan using 3.0%.

I'm a "Glass Half Empty" type of a person.
by AllieTB1323
Mon Feb 06, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Does the Expense Ratio only apply at time of purchase?
Replies: 13
Views: 1576

Re: Does the Expense Ratio only apply at time of purchase?

Expense ratios are an annual expense. Bogleheads think low ERs are extremely important, especially over the long-term and on big balances. For a small balance the costs aren't dramatic. Do the math yourself. VTSAX (admiral Total Stock Market) .05% ER X $10,000 = $5 annual expense VTSMX (investor sh...
by AllieTB1323
Fri Feb 03, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: It appears Fiduciary changes may not happen after all.
Replies: 84
Views: 6864

Re: It appears Fiduciary changes may not happen after all.

willing2try wrote:Thankfully, the horrible burden of being honest will be lifted from America's financial sector. Great move.


+1

I wasted time writing my Congressman about the fiduciary rule. Alas, the Golden Rule: Who has the Gold rules.
by AllieTB1323
Fri Feb 03, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: All investments with Vanguard - Should I diversify
Replies: 19
Views: 2083

Re: All investments with Vanguard - Should I diversify

mcraepat9 wrote:Fidelity would be my second choice. If not available, I would choose Schwab.


We diversified for much the same reason. We have accounts at Vanguard and Fidelity. We use Fidelity as our primary brokerage account.
by AllieTB1323
Fri Jan 27, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2776
Views: 800171

Re: What Movie Have You Recently Watched?

Hidden Figures I just saw this powerful, evocative, and uplifting newly released movie today. It connected with me deeply on so many levels: the power of math, the importance of fighting racism and sexism, and my early childhood memories of starting school immediately after Sputnik. Anyone else my ...
by AllieTB1323
Mon Jan 23, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: What is a good laptop to buy?
Replies: 90
Views: 7962

Re: What is a good laptop to buy?

I went from a Windows based laptop to a MacBook several years ago. Mac's are solid and don't come with all the preinstalled junk populating some Windows base units. If you want to stay with Windows, buy a laptop from a Microsoft Store. All the computers they sell, which include major brands like De...
by AllieTB1323
Mon Jan 23, 2017 7:40 pm
Forum: Personal Consumer Issues
Topic: What is a good laptop to buy?
Replies: 90
Views: 7962

Re: What is a good laptop to buy?

macs - last longer and better resale, better uptime, etc. Would definitely consider a macbook. Price is higher and worth every penny. 17 not available though. Plus 1! I went from a Windows based laptop to a MacBook several years ago. Mac's are solid and don't come with all the preinstalled junk pop...
by AllieTB1323
Fri Jan 20, 2017 4:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1099s available - Other companies just as good for sending 1099s???
Replies: 63
Views: 6214

Re: Vanguard 1099s available - Other companies just as good for sending 1099s???

From Vanguard's website:

"Brokerage account forms and statements are available by late February (to help reduce the number of revised statements that may result from income reclassifications by securities issuers)."

Fidelity is on about the same timeline for the same reason.
by AllieTB1323
Thu Jan 19, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Questions to ask Financial Advisor about moms investments
Replies: 29
Views: 1913

Re: Questions to ask Financial Advisor about moms investments

Been in your position. Mom worth 8+ figures. Merril Lynch. Old guy FA. Softspoken. Wise demeanor. Master of the "Yoda" crouch, head tilt, sympathetic nod, elder shuffle. You haven't got a chance. Just be courteous. Your mom will be proud of her "young son". He might even pat you...
by AllieTB1323
Wed Jan 18, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: All eggs in one basket
Replies: 14
Views: 2034

Re: All eggs in one basket

In my humble opinion there's nothing wrong with having all your investments at Vanguard or Fido or Schwab.

Since 2008, my DW has felt more comfortable having our investments split between Vanguard and Fido. Come tax time the extra paperwork isn't much of a bother.
by AllieTB1323
Tue Jan 17, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: Junior and Senior Financial Independence
Replies: 35
Views: 2134

Re: Junior and Senior Financial Independence

Longdog wrote:I think the baseline should be your annual expenses, not annual income. But an entertaining concept, nonetheless.



Ditto, when we worked our income was about four times our expenses. Helped to live in a low cost area and have frugal tastes.
by AllieTB1323
Thu Jan 12, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Options for parents' Social Security
Replies: 21
Views: 1886

Re: Options for parents' Social Security

It is not just your father's longevity, it is your mother's as well. It is very likely that one of them will live into their late 80's or early 90's. The survivor's benefit is 100% of the HIGHER of the two benefits, so your mom will get 100% of your Dad's benefit (if, as you say, he has the higher ...
by AllieTB1323
Thu Jan 12, 2017 9:43 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 19928

Re: How Bad was 2008, really?

I posted in the original Sheepdog thread, so I won't repeat myself here, but it was really bad. It's not just the market drop, it's everything else. Just a few personal observations of that time: A neighbor was a recently retired Executive VP of a large regional bank (top 20 in size). He was at a l...
by AllieTB1323
Tue Jan 10, 2017 10:24 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 19928

Re: How Bad was 2008, really?

I was 50, and 100% in the Russell 2000 in my 401k, putting the max into it trying to catch up on my late start to investing. I had almost 10 years of contributions invested at that point. All of my raises had gone to increase the amount I put in. All at once, half of that was gone, and every month ...
by AllieTB1323
Tue Jan 10, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 19928

Re: How Bad was 2008, really?

It was a great opportunity. Most investors didn't realize it at the time though. :sharebeer We were lucky, our business was on a tear which gave us sufficient funds to invest both in retirement and taxable accounts. My FIL was hurt by the Lehman mess. I learned my lesson not to buy individual stock...

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