Search found 1932 matches

by Chuck
Fri Feb 16, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 10035

Re: My Over $300K Vanguard Balance Disappeared?

I sincerely hope everything works out for you. I wish you nothing but the best.
by Chuck
Fri Feb 16, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 10035

Re: My Over $300K Vanguard Balance Disappeared?

Again your comment is off the mark. That was not the topic of this discussion. Better not to boost someone's ego without understanding why the original post was made. Moderators: Feel free to delete my posts and the ensuing dialog. This is an advice forum. You can't expect every response to be what...
by Chuck
Fri Feb 16, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 10035

Re: My Over $300K Vanguard Balance Disappeared?

Shikoku wrote:
Fri Feb 16, 2018 3:36 pm
Your comment is off the mark. Do you have anything better to post in this thread? Do you have any problem if I check my account on a weekly basis or even every five minutes?
Yes, if it causes you stress, you shouldn't do it.
by Chuck
Fri Feb 16, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 10035

Re: My Over $300K Vanguard Balance Disappeared?

Shikoku wrote:
Wed Feb 14, 2018 11:25 pm
I did not check my Vanguard account for over a week.
Wow, I don't know if I check every 8-10 months. I only log in when I want to transact something. Last summer I contributed to an IRA. And last week I logged in to get my 1099's. What is there to do on a weekly basis?
by Chuck
Tue Feb 13, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Paper I-Bonds Purchases With Tax Return
Replies: 32
Views: 3414

Re: Paper I-Bonds Purchases With Tax Return

You can ALSO buy 10+10+10 in EE bonds, which I am using for the "doubles at 20" to have a 'sure thing' for the gap in SS until I start drawing @ 70. I had considered this, but nowadays 20-year treasuries are yielding over 3%, and have much better characteristics during years 0-19. It's true that EE...
by Chuck
Tue Feb 13, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16643

Re: Number at which to stop worrying

Pajamas wrote:
Tue Feb 13, 2018 10:41 am
Image
This was caused by a flood, not rich people. Funny picture, though.
by Chuck
Tue Feb 13, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 80
Views: 7041

Re: What if you only live off dividends?

The P/E ratio of the total stock market fund is 22.9. So it would make more sense to spend 4.37% of your portfolio this year (and readjust every year).
by Chuck
Tue Feb 13, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard TIPS
Replies: 10
Views: 876

Re: Vanguard TIPS

My understanding is that TIPS protect against unexpected inflation as measured by the Consumer Price Index. Personally, I believe that the stated rates aren't even close to the actual inflation percentages that most consumers experience. This is the reason I sold all TIPS and put the money in VBTLX...
by Chuck
Tue Feb 13, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16643

Re: Number at which to stop worrying

Pajamas wrote:
Mon Feb 12, 2018 6:29 pm
The very richest people on the planet are all trying to make even more money.
And thank goodness, because I have lots of really cool stuff as a result!
by Chuck
Tue Feb 13, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 80
Views: 7041

Re: What if you only live off dividends?

Yes!! You can also say one can live off minimum wage. No one chooses to do so if they have another option.
by Chuck
Tue Feb 13, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 80
Views: 7041

Re: What if you only live off dividends?

It's even worse than that.

SEC yield on VTSAX (Total Stock Market Admiral) is 1.68%. Try saving up 59x expenses.
by Chuck
Mon Feb 12, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: Explain why long-term bonds aren't awesome
Replies: 20
Views: 1710

Re: Explain why long-term bonds aren't awesome

The yield you should expect is the SEC yield, which is currently 3.73%.

The average duration is 15 years, so it should be extremely volatile.
by Chuck
Thu Feb 08, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: S&P 1550
Replies: 11
Views: 1482

Re: S&P 1550

Even if the index went back to 5-years-ago levels, you'd still be up about 25% due to dividends.
by Chuck
Thu Feb 08, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 100
Views: 7440

Re: 30 yr tips auction 2/15: 1.0% yield?

Still can't fathom purchasing a 30-year bond unless I was confident both the return and cash flow offered by the bond is all I would need. I agree for nominal bonds, but for TIPS, it seems somewhat reasonable since you're getting real return, plus coupons. You don't have to worry about unexpected i...
by Chuck
Mon Feb 05, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Potential employer wants me to give offer - how to respond?
Replies: 60
Views: 5205

Re: Potential employer wants me to give offer - how to respond?

Context: I am in a good position at current role at successful company. If all things were equal, I would stay at current company. Megacorp has been aggressively hiring, with some from my current company getting offers 30-50% more total compensation (salary + equity). Tell them a number that is 30-...
by Chuck
Mon Feb 05, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262464

Re: U.S. stocks in freefall

jebmke wrote:
Mon Feb 05, 2018 4:34 pm
Did everyone who could, harvest losses today?
Since I'm rebalancing with new money, I've been buying bonds since 2013. I have not purchased any stock funds in my taxable account in 5 years. I'm also nowhere near any kind of rebalancing band. So no excitement for me.
by Chuck
Sat Feb 03, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: AMT People...
Replies: 4
Views: 889

Re: AMT People...

I have been paying an extra $6000/yr due to AMT. It's awful. Under the new tax law, I will not.
by Chuck
Fri Feb 02, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 53
Views: 6138

Re: IRS Form 8606 (Nondeductible IRAs)

Why the rush? I usually hold off filing until at least March, lest I get "corrected" 1099s and have to file a 1040X.
by Chuck
Thu Feb 01, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: To Sell VGHAX or Not to Sell VGHAX? [Vanguard Health Care Fund Admiral]
Replies: 6
Views: 468

Re: To Sell VGHAX or Not to Sell VGHAX? [Vanguard Health Care Fund Admiral]

This wouldn't happen to be because of the 3% decline yesterday, and some recent news, would it?

The fund is up 5% for just January.
by Chuck
Thu Feb 01, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7880

Re: I have an overwhelming gift I'm in need of help of please.

Couldn't the interest on a 5/5 mortgage be raised at a future date? Paying off the mortgage earns you a "tax free" benefit. Paying off the mortgage would simplify your finances, and prevent you from making financial mistakes (like buying an expensive car/house or having to manage a large taxable ac...
by Chuck
Thu Feb 01, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: Is changing AA considered market timing?
Replies: 37
Views: 1492

Re: Is changing AA considered market timing?

By tanking i mean market loses more than 20% from peak. Since we all agree that the market has to tank some time, isn't my 90:10 AA becoming more riskier as the Bull market gets into record territory? The market is up 40% since I started to become nervous. If it dropped 20% today, it would still be...
by Chuck
Thu Feb 01, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Is changing AA considered market timing?
Replies: 37
Views: 1492

Re: Is changing AA considered market timing?

I'm not the OP, but the ~40% increase in equities over the past 1.5 years has moved me much closer to my goal. Therefore my need to take equity risk is reduced, so I can understand making the case for adjusting AA based on that. I don't think I have any more ability to measure "valuations" than the ...
by Chuck
Thu Feb 01, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7880

Re: I have an overwhelming gift I'm in need of help of please.

Why is everyone giving advice about the mortgage without knowing the rate and term? For example, it could be a PenFed 5/5 at 2.9% or so. Short-Term Investment-Grade Admiral (one of my favorite funds) is yielding 2.53%. 0.37% is very cheap liquidity for the next couple/few years. It also could be a s...
by Chuck
Wed Jan 31, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Should I Do My Own Taxes Or Pay A CPA $500?
Replies: 64
Views: 5522

Re: Should I Do My Own Taxes Or Pay A CPA $500?

Unless the CPA comes over at 9PM (after the kids go to bed) and takes all my facts and figures while I'm sipping whiskey in my pajamas, tax software wins in my book.
by Chuck
Wed Jan 31, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to park cash
Replies: 32
Views: 2483

Re: Best place to park cash

A new thread like this gets started once a week. I think it's safe to say last week's answers are probably still valid.
by Chuck
Wed Jan 31, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Doubling of Standard Deduction--Really??
Replies: 56
Views: 6985

Re: Doubling of Standard Deduction--Really??

(unless you have a bunch of kids where the increased child tax credit doesn't make up for the eliminated extra exemptions) I can't see how that would happen. The exemption was about $4000, and the child tax credit was $1000. So you would break even in the 25% tax bracket. (You'd get a $1000 reducti...
by Chuck
Wed Jan 31, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: looking for positive experiences transferring to Vanguard
Replies: 39
Views: 2194

Re: looking for positive experiences transferring to Vanguard

No one posts when nothing goes wrong. Don't worry about it.
by Chuck
Wed Jan 31, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5554

Re: New car - how much can we afford?

I agree you can afford whatever car you want. However, unless you're driving a Miata, you don't need a bigger car for JUST ONE baby. You can easily have two children and get around in a Civic. Three is where you start to have comfort issues because of child safety seats (you can't realistically put ...
by Chuck
Tue Jan 30, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: American saving rate
Replies: 28
Views: 4912

Re: American saving rate

If you define "saving" as "loaning money to the government" then yes, but that is a useless tautology. It's not really descriptive or proscriptive. Others in this thread have pointed out that we consider investing in a total stock market index to be "saving." This form of saving differs by being pro...
by Chuck
Tue Jan 30, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: CapitalOne Investing switching to E Trade
Replies: 10
Views: 800

Re: CapitalOne Investing switching to E Trade

Apparently I meant Trade Monster.
by Chuck
Tue Jan 30, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3531

Re: Should I join Linkedin?

One useful thing to do might be to create an account for yourself so that no one else does:

https://www.schneier.com/blog/archives/ ... have_.html
https://www.schneier.com/blog/archives/ ... _link.html
by Chuck
Tue Jan 30, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: American saving rate
Replies: 28
Views: 4912

Re: American saving rate

The podcast I linked to discusses how, in any nation, a net positive savings rate among the citizenry means that the federal government must run a deficit to make up for the savings. Keynesian nonsense. Supply and demand apply to saving as much as it does to consumption. If there is too much saving...
by Chuck
Mon Jan 29, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Any 2018 Tax Estimator Sites?
Replies: 8
Views: 1005

Re: Any 2018 Tax Estimator Sites?

Geoff Mendal has a nice single-sheet spreadsheet at http://www.taxvisor.com/taxes/index.html, updated for 2018.
by Chuck
Mon Jan 29, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: CapitalOne Investing switching to E Trade
Replies: 10
Views: 800

Re: CapitalOne Investing switching to E Trade

mortfree wrote:
Mon Jan 29, 2018 3:21 pm
Now it’ll be E Trade and I don’t think that the basics I’m used to will carry over.
I wouldn't be so sure. I still have my Options House trading platform, and pay $2.95 per trade. The only time I "realize" I'm on ETrade is when I transfer money to my bank account.
by Chuck
Mon Jan 29, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: CapitalOne Investing switching to E Trade
Replies: 10
Views: 800

Re: CapitalOne Investing switching to E Trade

When Zecco was going out of business I moved to ETrade on my own. Zecco got absorbed by Trade King. I moved all my investments to Options House to take advantage of better rates. Options House merged with Trade King, so I ended up with a Trade King account, with Options House branding. Then ETrade b...
by Chuck
Tue Jan 23, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 45
Views: 2787

Re: High Yield Savings Account Recommendations?

I am also using I-Bonds, which are currently yielding 2.58%. Standard risks and disclaimers apply. (Not liquid for first year. 3-month penalty up to 5 years. Rate changes every 6 months, etc.)
by Chuck
Tue Jan 23, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 45
Views: 2787

Re: High Yield Savings Account Recommendations?

RAchip wrote:
Tue Jan 23, 2018 2:15 pm
If you have a meaningful amount of money I would just put it in the vanguard prime mmf.
Wow, it's showing 1.44% after this "lost decade."
by Chuck
Mon Jan 01, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: One More Invest now or later in IBond question
Replies: 3
Views: 436

Re: One More Invest now or later in IBond question

What's the cost of waiting? (Not rhetorical. It's $84 for a $10,000 bond.) What are you likely to gain? An additional 0.1% fixed rate? Or $10 per year? So if you wait, you could start winning after 8.4 years. Maybe half that if the money is in a high yield savings account. (Yippee!) Or the rate neve...
by Chuck
Wed Dec 20, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: A good used car purchase?
Replies: 13
Views: 847

Re: A good used car purchase?

YetAnotherUser wrote:
Wed Dec 20, 2017 1:47 pm
Use KBB for a gut-check - that price is way too high, even in excellent condition.
Also edmunds.com. I find KBB prices to be a bit high when I'm buying. I like them just fine when I'm selling.
by Chuck
Wed Dec 20, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23918

Re: 2nd million is easier!

When I was younger I thought if a person had 1 million they were set for life. Now I realize that not to be the case. Oh well, I will keep plugging away. This is one of the most important facts of retirement math. I told my wife we had $1M, and she said "why are you still working?" Because $1M prod...
by Chuck
Tue Dec 19, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3489

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

I log into Treasury Direct twice a year. It's not that much trouble. For my effort, I'm showing $7400 in gains in my Series I Bonds over the past 7 years.

I'd say the foibles of the web site are paid for.
by Chuck
Tue Dec 19, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: On Podcasts, timing the market vs Boglehead way - Fear of Missing out
Replies: 16
Views: 1496

Re: On Podcasts, timing the market vs Boglehead way - Fear of Missing out

If you're not tracking your portfolio, but you invest the Boglehead way (broad market stock exposure via index funds), let me give you the news:

You had an awesome year, too. TSM up 22% YTD, TBM up 3.5%, international stock up 26%. US Small-cap up 16%.
by Chuck
Mon Dec 18, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 6690

Re: Can I afford it: Dodge Challenger

2010 Challenger for under $12K.
by Chuck
Fri Dec 15, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Worth it financially to trade my Tesla Model S for a Model 3? Got my configuration invite
Replies: 34
Views: 2566

Re: Worth it financially to trade my Tesla Model S for a Model 3? Got my configuration invite

Won't the resale value of the S go down dramatically when the 3 becomes widely available?
by Chuck
Fri Dec 15, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 85
Views: 11044

Re: Uber vs Ambulance - HUGE cost difference

If I was an Uber driver I'd refuse any rider who was injured and wanted me to drive them to the hospital. I wouldn't want the liability of making their injury worse, or the responsibility to try to monitor them to ensure that their condition didn't degrade while I was driving them. Luckily, I think...
by Chuck
Fri Dec 15, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 85
Views: 11044

Re: Uber vs Ambulance - HUGE cost difference

Likewise, if I have a broken arm and can't drive, I'd call Uber, not an ambulance.
by Chuck
Wed Dec 13, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 56
Views: 5764

Re: Vanguard will use blockchain to share index data

Cryptocurrency is not a topic of this thread.
by Chuck
Fri Dec 08, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8779

Re: Jack Bogle Is Worried About U.S. Pensions

Pensions should have invested in Bitcoin.
by Chuck
Thu Dec 07, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 17130

Re: A good friend has nearly $1M in BitCoin what do I tell him?

There are numerous exchanges that buy and sell bitcoin for dollars and other currencies.