Search found 3783 matches

by CABob
Fri Feb 05, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Maxing out then quickly paying off credit cards?
Replies: 18
Views: 1065

Re: Maxing out then quickly paying off credit cards?

It seems to me that there might be a negative effect on credit score if it is requested during the short period of time that the charge appears on the account. If a statement is received with a balance of $20K and it is paid off within the 25 days or whatever is allowed for payment any inquiry in fu...
by CABob
Wed Feb 03, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6311

Re: What age did you retire

63 and it seemed like the right time for me then and now 13 years later. DW retired 18 months later.
by CABob
Sun Jan 31, 2016 7:43 pm
Forum: Investing - Theory, News & General
Topic: Calculating expense ratio with multiple funds
Replies: 20
Views: 933

Re: Calculating expense ratio with multiple funds

So if I do a DIY and replicate exactly the 2020 model (VTWNX) and add up the expense ratios for each fund (.05+.07+.14+.07+.1) it comes to 0.43% expense ratio for DIY indexing VS. the VTMX let Vanguard do it expense ratio of 0.16. It appears that you are using the Admiral share class ERs. The Vangu...
by CABob
Sat Jan 30, 2016 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: RMD (Required minimum distributions)
Replies: 17
Views: 1469

Re: RMD (Required minimum distributions)

After the IRA grows over years, and RMDs are big; some people find that their marginal tax rate is higher in retirement (!!) than when they were working! So, I decided to get projections. Thank you all for their replies. I will use the Vanguard calculator to get a ball park idea. Thanks for the cla...
by CABob
Sat Jan 30, 2016 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: RMD (Required minimum distributions)
Replies: 17
Views: 1469

Re: RMD (Required minimum distributions)

I'm not sure of what your concern is. When RMDs are required you can always take out more than the RMD. Conversely, if the RMD is more than what you need for expenses you can always put it into a taxable account. There may be a reason that one would want to reduce contributions to a tax deferred acc...
by CABob
Sat Jan 30, 2016 12:51 am
Forum: Personal Consumer Issues
Topic: Manual can opener recommendation
Replies: 45
Views: 2633

Re: Manual can opener recommendation

mhc wrote:I have a P-38 that I have used for almost 30 years. It still works great. It can open any can.

I suppose you are going to tell us that it works like lightning. :twisted:
https://en.wikipedia.org/wiki/Lockheed_P-38_Lightning
by CABob
Fri Jan 29, 2016 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Consolidating multiple funds into one broad index fund
Replies: 12
Views: 821

Re: Consolidating multiple funds into one broad index fund

Converting the account to a three-fund portfolio seems like a good idea to me keeping tax efficiency in mind. I see nothing in the list that I would consider candidates to keep unless there are other circumstances. I am assuming this is a taxable account. Waiting until any capital gains become long ...
by CABob
Thu Jan 28, 2016 6:32 pm
Forum: Personal Consumer Issues
Topic: Printer suggestions?
Replies: 24
Views: 1598

Re: Printer suggestions?

One thing to watch out for is printers that do not allow you to print in black and white when one of the color cartridges is out. Good point. I was not aware that some inkjet printers do and some don't have this feature. Mine does not and it is sometimes inconvenient. Is this a well advertised feat...
by CABob
Sun Jan 24, 2016 2:17 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 51
Views: 3588

Re: Vanguard Store Items

Ooh, is the mug on the right double-walled? No, I think it's ceramic. I was confused and surprised also. The description for the mug says - Features: Go mobile with this 16-ounce, double-wall, white porcelain tumbler with black silicone lid. I don't recall ever seeing a double wall porcelain cup (o...
by CABob
Sun Jan 24, 2016 12:31 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus vs TurboTax vs H&R Block for 2015
Replies: 77
Views: 4846

Re: TaxAct Plus vs TurboTax vs H&R Block for 2015

I didnt read through the entire post, but if you havent seen this comparison already, you should! (and thank me later :)) http://thecollegeinvestor.com/15201/comparing-prices-turbotax-hr-block-tax-act/ Well I will thank you. That was a good price and feature comparison although I suspect that there...
by CABob
Fri Jan 22, 2016 2:05 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1366
Views: 689230

Re: The Three-Fund Portfolio

epicahab wrote:Question: now that I have adopted this portfolio in my 401k, would it be prudent to also set this up in my children's 529 college plan?
I think that a 3 fund portfolio would be appropriate for a 529 plan, but you may want a different asset allocation than your longer term retirement portfolio.
by CABob
Thu Jan 21, 2016 12:53 pm
Forum: Investing - Theory, News & General
Topic: The Confounding Bias for Investment Complexity
Replies: 22
Views: 1975

Re: The Confounding Bias for Investment Complexity

1. A preference for complexity is almost hardwired into investors, their agents, and asset managers because the intuition is that a complicated investment landscape requires a complex solution; a complex strategy also supports a higher fee from both agents and managers. Which makes me wonder if the...
by CABob
Thu Jan 21, 2016 12:35 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 51
Views: 3588

Re: Vanguard Store Items

Your other right. It looks plastic to me. My right or the cup's right? :P I bought a Vanguard cap a while back and put it in rotation with a number of other caps for regular wear. One day I was wearing it on a trip to a local B&M bank to do a transaction. As we were finishing up the transaction...
by CABob
Thu Jan 21, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus Federal + State - $15!!
Replies: 32
Views: 3154

Re: TaxAct Plus Federal + State - $15!!

I have always had a disk copy of the 1040 forms, even it was Parsons and on floppy, then 3.5inch. :? Well that brought back some memories. I recall using Parsons software and like it better than the big names. I was sorry to see them go. As I recall they were bought by TaxAct or TaxCut but the repl...
by CABob
Thu Jan 21, 2016 12:01 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1366
Views: 689230

Re: "The Simplest Wealth Plan Ever"

Can you all please explain the downsides of the 3-fund over adding a 4th fund (TIPS). Am I already covered against inflation with the 3-fund? 3-fund portfolio being US equities (VTSAX), Intl equities (VTIAX), and Bond index funds (VBTLX)? I will just add my thoughts to your question. You will not k...
by CABob
Wed Jan 20, 2016 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus Federal + State - $15!!
Replies: 32
Views: 3154

Re: TaxAct Plus Federal + State - $15!!

I'd bite, but the website is down right now. :( It worked for me but you can also go to the main TaxAct site at https://www.taxact.com/ but it is not clear to me whether this is a "special" or their regular price. Personally I prefer a version that I can install on my computer. Current pr...
by CABob
Wed Jan 20, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 100
Views: 6920

Re: What was your % pay raise?

Social Security benefit was 0.0%. :annoyed
by CABob
Wed Jan 20, 2016 12:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: Los Angeles
Replies: 3
Views: 405

Re: Los Angeles

We had a West LA chapter meeting in September I believe. There were talks of attempting another meeting in the future (with possibly korean bbq as the event). This link talks about the September meeting and includes a number of folks interested with a good representation from the west side (Culver ...
by CABob
Wed Jan 20, 2016 11:24 am
Forum: Local Chapters and Bogleheads Community
Topic: Los Angeles
Replies: 3
Views: 405

Re: Los Angeles

The quick answer is, "No".
A more complete answer can be found at viewtopic.php?f=9&t=178552 and the links contained.
Perhaps you would consider trying to re-start a chapter?
by CABob
Mon Jan 18, 2016 1:08 pm
Forum: Investing - Theory, News & General
Topic: Scottrade wants $17 for VG funds, $75 to leave
Replies: 14
Views: 1265

Re: Scottrade wants $17 for VG funds, $75 to leave

A number of years ago when I was looking at online brokers, Trade King was on my short list to replace Scottrade, but I did not pursue it at the time so my knowledge is not current. Personally, I am not the type to extensively pursue bonus' for transferring but to each his own. What is the fee to pu...
by CABob
Sun Jan 17, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Lower cost/fee way to invest?
Replies: 7
Views: 656

Re: Lower cost/fee way to invest?

Looking for direction on a way to invest in mutual funds at a lower cost than current. I do not have the time to manage a collection of individual stocks on my own, however I'd like to see if I can get direction on lowering investment fees. The best way to lower expenses is to have an account direc...
by CABob
Sun Jan 17, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Any here invested in individual stocks?
Replies: 36
Views: 2265

Re: Any here invested in individual stocks?

I have a little over 6% of my portfolio in individual stocks with my largest single holding at about 3.7% of my former employer's stock. They are about as "significant" as I would like them to be. They are all long term, dividend paying holdings with unrealized gains. I might sell these st...
by CABob
Thu Jan 14, 2016 8:01 pm
Forum: Personal Consumer Issues
Topic: Hand me down I-Phone..what can I do with it??
Replies: 31
Views: 1860

Re: Hand me down I-Phone..what can I do with it??

I currently have a dumb phone on Page Plus. My daughter gave me her old iPhone 4 that had been used on a Verizon account that I am thinking about activating on the PP account.
by CABob
Wed Jan 13, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: How common is this [Have more money 10+ years into retirement]
Replies: 72
Views: 8783

Re: How common is this [Have more money 10+ years into retirement]

Excellent! Do you mind sharing how this was accomplished? Perhaps dumb luck. :shock: Some factors involved: I received a lot of excellent advice from this forum. The first couple of years my DW was still employed which added to net worth. For several years I was able to use taxable accounts for exp...
by CABob
Tue Jan 12, 2016 11:40 pm
Forum: Investing - Theory, News & General
Topic: How common is this [Have more money 10+ years into retirement]
Replies: 72
Views: 8783

Re: How common is this [Have more money 10+ years into retirement]

The following is my portfolio balance after retiring in 2002 with the balance expressed as a percentage of the beginning value. Year +/- 2003 100% 2004 137% 2005 179% 2006 168% 2007 185% 2008 187% 2009 154% 2010 181% 2011 198% 2012 204% 2013 218% 2014 233% 2015 248% 2016 247% It has shown steady gro...
by CABob
Mon Jan 11, 2016 12:29 am
Forum: Personal Consumer Issues
Topic: Packing materials for moving
Replies: 13
Views: 838

Re: Packing materials for moving

Check with local moving companies and places that accept FedEx and UPS shipments. With my last move I bought a number of boxes and sheets of wrapping paper from such a company. Check you local classified ads for companies that deal in used boxes and materials. Staples has quite and assortment of pac...
by CABob
Sun Jan 10, 2016 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: The Three-Fund Portfolio [Mutual funds or ETFs?]
Replies: 14
Views: 1451

Re: The Three-Fund Portfolio

should the portfolio be held as 3 mutual funds or as 3 ETFs ? what is preferred? (assuming each can be held as ETFs) The ETF vs. mutual fund is often discussed here and is not limited to their association with the 3 fund portfolio. The Wiki has an article discussing the differences, but in the end ...
by CABob
Sun Jan 10, 2016 12:38 am
Forum: Investing - Help with Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 95
Views: 10177

Re: "Asking portfolio questions"

Perhaps a compromise is in order. How about the requester give an approximate total value of the portfolio such as two comma, eight figures, mid 6 figures, just into six figures or something similar that would give the reviewer an indication.

And PJW beat me to it! :annoyed
by CABob
Sat Jan 09, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K
Replies: 13
Views: 549

Re: What to do with old 401K

How well do you like your new employer's 401k plan as far as funds available, expenses, etc.? Generally, (don't you hate it when a statement begins with "generally"? That normally means that what I am about to say may or may not be applicable to your situation.) IRAs are preferred because ...
by CABob
Fri Jan 08, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Where to see my Vanguard Tier?
Replies: 6
Views: 720

Re: Where to see my Vanguard Tier?

Look in the upper right corner of your latest statement.
by CABob
Fri Jan 08, 2016 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Best No Annual Fees Rewards/Cash-Back Credit Cards
Replies: 87
Views: 5511

Re: Best No Annual Fees Rewards/Cash-Back Credit Cards

In order to diversify credit cards, you might look at the Target debit card, which gives 5% off purchases there, but that also includes gift cards, including Netflix, Amazon, ebay, and other places you probably routinely shop (even Southwest Airlines). I also use it to get T-Mobile refill cards for...
by CABob
Thu Jan 07, 2016 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund vs ETF
Replies: 7
Views: 297

Re: Mutual Fund vs ETF

My quick response is, No. They are two ways to hold the same investment. In thinking further, however, the nature of contributions to a 401k are such that there would be some advantages to the mutual fund in that a dollar value can be contributed rather than a certain number of shares. When investin...
by CABob
Tue Jan 05, 2016 3:55 pm
Forum: Investing - Theory, News & General
Topic: What is the diffrence between the accounts
Replies: 2
Views: 299

Re: What is the diffrence between the accounts

A brokerage account is the type of account where you pay a commission to buy and sell investments such as stocks, bonds, mutual funds, ETFs, etc. I believe that a cash management account is like a bank account where checking accounts, savings accounts, money market accounts, etc. are available. Perh...
by CABob
Mon Jan 04, 2016 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 18
Views: 2617

Re: Costco AMEX Transition - Costco has no answers

My latest Costco AMEX statement contained a statement to the effect: We expect that you will no longer be able to use your current AMEX card for any purchases beginning in mid-2016 because it will be discontinued. You can keep using your card and earning rewards as you do today until then. This soun...
by CABob
Mon Jan 04, 2016 1:16 pm
Forum: Investing - Theory, News & General
Topic: Thanks China!
Replies: 40
Views: 5254

Re: Thanks China!

JCE66 wrote:Victoria....I absolutely love the footer, "WINNER of the 2015 Bogleheads Contest"

And making 536 Bogleheads envious. :mrgreen:
by CABob
Mon Jan 04, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Beyond the Grave book question, cost of probate?
Replies: 4
Views: 393

Re: Beyond the Grave book question, cost of probate?

You must have a different edition of the book since mine does not have 395 pages of text. Hopefully one of the experts will be along to respond, but I think that the cost of probate varies from state to state. I think the amount you quoted is close in the state of California.
by CABob
Sun Jan 03, 2016 10:55 pm
Forum: Personal Consumer Issues
Topic: Windows Won't Stay Raised Who to Contact?
Replies: 12
Views: 1011

Re: Windows Won't Stay Raised Who to Contact?

Are the window frames wood, metal (aluminum), vinyl (plastic) or something else? Does the upper part of the window slide down or is it just the lower part that slides up? Do you see evidence of a rope or cable that holds the window in a raised position? Is this a recent problem or has it been that w...
by CABob
Sun Jan 03, 2016 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Moving IRA To Vanguard from State Employee Credit Union.
Replies: 6
Views: 512

Re: Moving IRA To Vanguard from State Employee Credit Union.

Without knowing more details about your investments it is difficult to respond definitively but in general moving to Vanguard will probably save you some money in expenses.
I would mention however that the availability of a stable value fund and an interest rate of 1.5% on cash is quite attractive.
by CABob
Sun Jan 03, 2016 12:45 am
Forum: Investing - Help with Personal Investments
Topic: Help with Scottrade Roth and funds
Replies: 3
Views: 249

Re: Help with Scottrade Roth and funds

By way of disclosure, I have an account with Scottrade that holds some individual stocks and ETFs and Vanguard accounts that hold Vanguard mutual funds. If you are firmly committed to ridding yourself of individual stocks and invest only in mutual funds I think your plan should be to close the Scott...
by CABob
Sat Jan 02, 2016 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I be saving home improvement receipts?
Replies: 10
Views: 1368

Re: Should I be saving home improvement receipts?

If you might sell it someday and might sell for more than $250k ($500k if married) more than you bought for (after transaction costs) then you might want them. I suppose there is also the possibility of the tax law regarding capital gain exclusion might be changed in the future and who knows what i...
by CABob
Thu Dec 31, 2015 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Best No Annual Fees Rewards/Cash-Back Credit Cards
Replies: 87
Views: 5511

Re: Best No Annual Fees Rewards/Cash-Back Credit Cards

What is “AF”?
AF = annual fee
by CABob
Wed Dec 30, 2015 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: QCD and RMD question
Replies: 36
Views: 2824

Re: QCD and RMD question

Curiosity question about QCD requests: I am thinking of 2016 donations and beyond. Are there minimum amounts which can be donated by QCDs? Say $100? I have a good number of $100 to $500 donations (plus some in the thousands). It seems that Vanguard may not wish to handle writing so many lower amoun...
by CABob
Wed Dec 30, 2015 11:21 pm
Forum: Personal Consumer Issues
Topic: Who Reads the Comics?
Replies: 44
Views: 1515

Re: Who Reads the Comics?

It is primarily a waste of time, but, I admit to reading several of the comics in a couple of newspapers. My favorites are:
Dilbert
Peanuts
Dennis the Menace
Zits
Pickles
Blondie
Born Loser
Frank & Ernest
Family Circus
by CABob
Wed Dec 30, 2015 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best No Annual Fees Rewards/Cash-Back Credit Cards
Replies: 87
Views: 5511

Re: Best No Annual Fees Rewards/Cash-Back Credit Cards

Discover and Chase Freedom cards are worth consideration. I believe they both offer 1% and have rotating categories for 3 month periods with 5% for certain categories. Categories include gas, restaurants and selected stores.
by CABob
Wed Dec 30, 2015 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Wells Fargo for Scottrade.Can I transfer my American Funds without getting another load hit?
Replies: 19
Views: 1551

Re: Leaving Wells Fargo for Scottrader

Well tomorrow I'm meeting with a advisor from Scottrade. Thoughts? Interesting. I have had a Scottrade account for a number of years and I have yet to meet or talk to a representative that I would call an "advisor". They are to me a reasonably good broker for the do-it-yourself investor. ...
by CABob
Wed Dec 30, 2015 1:54 pm
Forum: Investing - Theory, News & General
Topic: How much have you made through long-term investments so far?
Replies: 24
Views: 1772

Re: How much have you made through long-term investments so far?

qwe7791 wrote:How much have you made so far and how many years have you invested? :)

Over 40 years or so I have made several million $ ... or did you mean after I subtracted the losses over that period? :P
by CABob
Wed Dec 30, 2015 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Just double checking on when I can pay Roth Conversion Tax
Replies: 5
Views: 328

Re: Just double checking on when I can pay Roth Conversion Tax

I don't think the tax is due until you file your 2015 income tax by April 15 (unless you extend etc.). You may, however, be subject to a penalty unless you have pre-paid enough through withholdings, estimated tax etc.

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