Search found 1795 matches

by Chuck
Mon Jul 17, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 734

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or not

There's no general rule, and the tax "consequences" are insignificant.

The only issue is how many transactions you want to have on your tax forms. That's it. I take dividends in cash and reinvest manually once or twice a year. It makes it a bit easier to do my taxes.
by Chuck
Mon Jul 17, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: New 401k, looking for a bond fund -- use Vanguard Target Retirement?
Replies: 8
Views: 337

Re: New 401k, looking for a bond fund -- use Vanguard Target Retirement?

The TIPS fund and the Target Retirement income fund are both good. You might consider going 50/50. I have columns on my asset allocation spreadsheet where I can put the % bond, % stock of a fund so that my overall asset allocation comes out correct. So the 30% of the target fund in stocks just cause...
by Chuck
Mon Jul 17, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Basic Question on I bonds
Replies: 11
Views: 1081

Re: Basic Question on I bonds

The rate changes every 6 months from the purchase date of the bond. So you will get 6 months at the initial rate, then it will change.
by Chuck
Mon Jun 05, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: Anyone use "MyPillow" pillows?
Replies: 51
Views: 6446

Re: Anyone use "MyPillow" pillows?

The only pillow I can live with is a feather pillow. I bring it with me everywhere. It's soft, but I can shape it for back sleeping or side sleeping. I haven't tried any of these new fangled foam pillows, but based on this thread, I suppose I should at least give it a shot.
by Chuck
Mon May 29, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy brk.a? [Berkshire Hathaway Inc. Class A]
Replies: 24
Views: 3143

Re: How to buy brk.a?

To hold the market weight of BRK-A you would need a portfolio size around $12 million.
by Chuck
Thu May 18, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Tire Puncture - plug from outside or patch and plug from inside
Replies: 31
Views: 1910

Re: Tire Puncture - plug from outside or patch and plug from inside

I have used the plugs where you jam the gummy worm into the hole with a stick. I believe that is the one Boglegrappler is talking about. It says on the package "only for temporary repair" but they always last the remaining life of the tire. Sometimes I've had to add air occasionally, but l...
by Chuck
Tue May 16, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 37741

Re: Regret early retirement/downsizing

my3sons wrote:I wish there were a way to follow threads.

Other than clicking the wrench icon at the top or bottom of the page and selecting "Subscribe topic?"
by Chuck
Tue May 09, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks vs S&P 500
Replies: 24
Views: 2786

Re: Dividend stocks vs S&P 500

Dividend stocks are always devalued here because of the total return dogma so this is rather ironic No, Bogleheads (or at least "indexers") value dividend stocks according to their market value. Same as non-dividend stocks. Of course there are some that prefer dividend stocks (REAL earnin...
by Chuck
Mon May 08, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: No losses to offset capital gains!
Replies: 14
Views: 1173

Re: No losses to offset capital gains!

You could always try 4x leveraged ETFs. You have a fair chance of losing money that way.

You could short treasuries. You won't lose a lot that way, but you can guarantee a loss.
by Chuck
Fri May 05, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy 2 years of Service Credit for my pension?
Replies: 2
Views: 380

Re: Should I buy 2 years of Service Credit for my pension?

You haven't provided enough information. How many more dollars per year will you get if you buy the service credit? (You gave % of paycheck, but not size of paycheck, so this is not calculable.) How many years from today will those payments begin? Will your pension pay for as long as you live? Then ...
by Chuck
Tue May 02, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Leverage by shorting bond ETFs
Replies: 11
Views: 489

Re: Leverage by shorting bond ETFs

Wow! Thanks for suggesting Interactive Brokers! I didn't know their rates were that low! I would like to buy on margin for the long run to enhance profitability, so it's crucial to keep the rates low. Maybe just ignore my previous post. I kind of feel like I just offered a bottle of whiskey to an a...
by Chuck
Tue May 02, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Leverage by shorting bond ETFs
Replies: 11
Views: 489

Re: Leverage by shorting bond ETFs

I raise cash by selling option box spreads. This is cheaper than margin, and you can know the exact rate up to 2 years out. (No surprise changes to the margin rate.) It's really tough to do, because you have to find a box that works (generally the highest strikes on SPX -- index options don't have a...
by Chuck
Wed Apr 26, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Increase W4 withholdings or make estimated tax payments
Replies: 18
Views: 1361

Re: Increase W4 withholdings or make estimated tax payments

Look at form 2210 and work though what will happen.
by Chuck
Tue Apr 25, 2017 3:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 11439

Re: Vanguard has switched to brokerage only accounts

This is not something I'd worry about.
by Chuck
Tue Apr 25, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 321
Views: 19905

Re: I don't understand the case for EE bonds

I guess going back to the fundamental question... there is no "case." No one set out and said "let's design a bond that earns nothing for 19 years, then doubles. The Bogleheads will s*** themselves arguing over it." In retrospect that makes one heck of a villain scheme. The attri...
by Chuck
Tue Apr 25, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 321
Views: 19905

Re: I don't understand the case for EE bonds

By the way, I don't own any EE bonds myself. I'm participating in this thread partly in case it helps me find a way to use them! But doubt that I will. Ditto that. I jumped at the Andrews 7y 3% CD, but looking cautiously at EE bonds from a distance. :) It's hard to know what you would have wanted 2...
by Chuck
Mon Apr 24, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 321
Views: 19905

Re: I don't understand the case for EE bonds

This is a really interesting discussion. Here are a couple more ways to think of it: ⋅ EE bonds are "illiquid" only in the sense that you can't bear to give up the remaining expected interest. If you're 10 years in, and the "effective" interest rate for the remaining 10...
by Chuck
Mon Apr 17, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: How Easy is an Obamacare Tax Penalty Exemption?
Replies: 18
Views: 1206

Re: How Easy is an Obamacare Tax Penalty Exemption?

Thanks, I learned something. I heard the thing about health insurance not covering MV accident injury from a medical provider. Thankfully I have no first hand experience.
by Chuck
Mon Apr 17, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Considering buying a new cell phone- ideas?
Replies: 22
Views: 2701

Re: Considering buying a new cell phone- ideas?

I usually get the best fancy-brand phone that is less than $99 "refurbished" on eBay. ("Refurbished" usually means used, but cleaned with really nice cleaning wipe.) At the moment, that price range seems to be iPhone 5 or Galaxy S4, for $85 or so. My friends and family always ask...
by Chuck
Mon Apr 17, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: How Easy is an Obamacare Tax Penalty Exemption?
Replies: 18
Views: 1206

Re: How Easy is an Obamacare Tax Penalty Exemption?

Have you done a similar level of planning to determine how you will pay the 6-7 figure bills if you get in a car accident and break your back without medical coverage? Aside from the issue at hand, but.... Auto insurance? I'm pretty sure medical insurance will refuse to pay costs related to a motor...
by Chuck
Tue Apr 04, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: How does one determine their "number" and what exactly does it mean?
Replies: 92
Views: 7772

Re: How does one determine their "number" and what exactly does it mean?

It hand-waves a number of factors, including sequence of return risk, etc.... However, I just use the spreadsheet PV function. Let's say I'm 40, expect to live until 90, and want $70,000 per year in income. I have to make another assumption, that is what real rate to expect from my investments. 5% r...
by Chuck
Tue Apr 04, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluating a margin investment
Replies: 14
Views: 849

Re: Evaluating a margin investment

You can use the XIRR spreadsheet function. Give it a series of cash flows, and it will plop out a rate of return. That's about as easy as anything to evaluate an investment, after the fact.
by Chuck
Tue Apr 04, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: Early retirees - how did you inform your loved ones and friends?
Replies: 54
Views: 6031

Re: Early retirees - how did you inform your loved ones and friends?

sschullo wrote:
jebmke wrote:
sschullo wrote: the biggest scare of all for humans--change.

worse than snakes? I doubt it.


Ok, how about "lions, tigers and bears?"

I believe the number one fear most people have is public speaking.
by Chuck
Fri Mar 31, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Why do BogleHeads make things bit Complex? ReBalance
Replies: 37
Views: 3522

Re: Why do BogleHeads make things bit Complex? ReBalance

Since we don't choose stocks or market time, putting various asset types in Roth or non-Roth accounts, and searching for the highest bank or credit union CD rate is all we have. Otherwise, we'd have nothing to do.
by Chuck
Fri Mar 31, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Short term munis vs. CDs for extra cash on hand?
Replies: 7
Views: 1010

Re: Short term munis vs. CDs for extra cash on hand?

Does it have to be an ETF? I use VFSTX (Vanguard Short-Term Investment Grade) and it comes with a checkbook if you want it. I use it for all my annual one-offs (Property tax/insurance, car insurance, etc.) Its 2% yield competes with 5-year CDs, with only 2.6 years duration. (Standard disclaimer: Yes...
by Chuck
Wed Mar 29, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: New York Muni Bond?
Replies: 7
Views: 590

Re: New York Muni Bond?

With all respect, you presumably have a bachelor's degree, and this is middle school math at most. What about the math is causing you trouble?
by Chuck
Wed Mar 29, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: New York Muni Bond?
Replies: 7
Views: 590

Re: New York Muni Bond?

Your New York tax bracket is probably 6.45%.

The SEC yield of the all-states fund is 2.71%, after NY tax it's 2.71% * (1- .0645) = 2.54%.
The NY fund's SEC yield is 2.44%.\

You'll take home more using the national muni fund.
by Chuck
Fri Mar 24, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Car Dealer Forgot to Charge Sales Tax - Ouch
Replies: 39
Views: 4355

Re: Car Dealer Forgot to Charge Sales Tax - Ouch

If the net cost was zero, then the net tax is probably zero. That's the way it works in New York, at least.

+1 for "sounds like a scam."
by Chuck
Fri Mar 24, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 5775

Re: Are Bogleheads in the minority on the use of investment advisors?

...... 2008/2009 was unlike anything anyone alive has seen........ Er, your math is a bit faulty. There are plenty people still alive (albeit in their eighties or nineties) who lived through the worst years (1932-1936) of the Great Depression in this country. The statement was 2008/2009 was "u...
by Chuck
Fri Mar 24, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 68
Views: 6355

Re: What online bank do you use?

heerekj1 wrote:I have used Ally Bank for about 3 years and am satisfied. [...] You are limited to the number of free transfers from your savings accounts to 6

Don't blame Ally for this.

https://en.wikipedia.org/wiki/Regulation_D_(FRB)
by Chuck
Thu Mar 23, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 6381

Re: Vehicles as a percentage of net worth

I don't look at the price of the car at all, but rather the cost per month. This is anticipatory before buying, and knowable after the car is sold or disposed of. A $24,000 car you expect to last 6 years costs $333 per month. Or $250/mo if you sell it for $6,000 at the end. I add in repairs to the t...
by Chuck
Thu Mar 23, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2868

Re: Anybody using the TERMINAL over the GUI in ubuntu?

Old school? What color is your background and text? http://www.nightfallcrew.com/wp-content/gallery/tandy-radio-shack-trs-80-data-terminal-dt-1/Tandy_Radio_Shack_TRS-80_DT-1_16.jpg That's not amber or green... it's not old school enough. Also, the machine name is probably not one you want to be rep...
by Chuck
Thu Mar 23, 2017 11:40 am
Forum: Investing - Theory, News & General
Topic: Why buy short-term bond funds when you can get 1% in savings acct?
Replies: 29
Views: 3081

Re: Why buy short-term bond funds when you can get 1% in savings acct?

My savings account only has money that I plan to spend in 1 year or less. Everything else is in something brokeragey.
by Chuck
Tue Mar 21, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard have contrarian funds ?
Replies: 25
Views: 2108

Re: Does Vanguard have contrarian funds ?

A 20% pullback today would be a smaller loss than selling in January 2016 and remaining in cash or bonds until today.

It's really easy to shoot yourself in the foot making a "defensive" move.
by Chuck
Fri Mar 17, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with setting SpecID in new Vanguard taxable account
Replies: 5
Views: 370

Re: Help with setting SpecID in new Vanguard taxable account

Yes, the setting is on each asset/holding, so you can't make an election until you have something. You should make the election before you sell anything, though.
by Chuck
Fri Mar 17, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help with setting SpecID in new Vanguard taxable account
Replies: 5
Views: 370

Re: Help with setting SpecID in new Vanguard taxable account

I couldn't find it, so I searched for "dividend reinvestment" and the first result (with a little padlock symbol) brought me to the page to set dividend options. I still don't know the organic way to get there, but I never need to do it again.
by Chuck
Fri Mar 17, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 6680

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

This thread is classic Bogleheads. First, you have people excited about CDs. Then when the CD rate drops 0.8%, it uses a thread title with the word "party" in it. I love it. Find another forum on the internet where that happens. Me: I need your driver's license. Wife: Why? Me: I need to o...
by Chuck
Fri Mar 17, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard reinvested my dividends - what now?
Replies: 20
Views: 2328

Re: Vanguard reinvested my dividends - what now?

As long as Vanguard only goes from separate accounts for each mutual fund to single brokerage accounts every 40 years or so, you probably don't have to worry about this again.
by Chuck
Fri Mar 17, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard reinvested my dividends - what now?
Replies: 20
Views: 2328

Re: Vanguard reinvested my dividends - what now?

I got the same thing. At the time of the account conversion, the partial accrued dividend was converted to shares. My settings were preserved (to sweep future dividends to the settlement fund) and I assume that will work. So it should just be a one time thing. My advice is to do nothing and don't wo...
by Chuck
Fri Mar 17, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 14
Views: 2189

Re: PTO issue with Wife's work

If "driving factor in an employment decision" means "should she quit and get a new job?" this question can't be answered without having the other alternative available.

Once she finds a better employer and has a job offer, then you can compare A to B.
by Chuck
Fri Mar 17, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Increase W4 withholdings or make estimated tax payments
Replies: 18
Views: 1361

Re: Increase W4 withholdings or make estimated tax payments

Withholding is "better" than estimated payments when it comes to calculation of tax underpayment penalty. (And can avoid underpayment penalties altogether in many cases.)
by Chuck
Fri Mar 17, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Restricted Stock / 1099-B Question
Replies: 4
Views: 418

Re: Restricted Stock / 1099-B Question

It feels funny to use the "Reported Basis is Incorrect" box, but I use it all the time for non-qualified stock options, and restricted stock vesting. There should be a code "V" in box 12 or something on your W-2. If you add up the cost basis adjustments, it should equal that numb...
by Chuck
Thu Mar 16, 2017 5:33 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 6680

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

fantasytensai, on my AA spreadsheet, I have a thing that figures out my overall yield on the fixed income side. Basically, it adds up the principal amount of all bond and bond-like assets, and the expected yield for each asset, to compute an blended/weighted yield of all my bondy things put together...
by Chuck
Thu Mar 16, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Roth and Marriage ?
Replies: 12
Views: 1624

Re: Roth and Marriage ?

You're asking for a legal opinion. Better to ask a lawyer, or just stay married. Here's a great website I just googled: https://www.hg.org/divorce-law-illinois.html So you need to figure out what a judge will consider to be, for example "property acquired in exchange for property acquired befor...
by Chuck
Thu Mar 16, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 6680

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

Is there a reason for a young, non risk-averse person to invest in CDs, especially a 7 year CD? I think this CD will be good for me in 30 years, but as of right now I just don't see it being helpful to me. I'm 28. Let's say your asset allocation targets 70% stocks. The other 30% could be something ...
by Chuck
Thu Mar 16, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Roth and Marriage ?
Replies: 12
Views: 1624

Re: Roth and Marriage ?

If you're not sure about this marriage, what happens to your Roth account is the least of your problems.
by Chuck
Thu Mar 16, 2017 3:32 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 6680

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

They probably got a big influx of cash on the 3% deal, and they need to make a bunch of ARMs and car loans before they can get back to signing up new members.
by Chuck
Thu Mar 16, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for Short Term (3-5 yrs) Savings?
Replies: 12
Views: 1169

Re: Vanguard for Short Term (3-5 yrs) Savings?

aristotelian wrote:Thank you for the clarification to my clarification!

We'll get it right eventually!
by Chuck
Thu Mar 16, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for Short Term (3-5 yrs) Savings?
Replies: 12
Views: 1169

Re: Vanguard for Short Term (3-5 yrs) Savings?

i-bonds do have to be held for a full year to earn any interest, so I wouldn't describe exactly as "super-liquid". Totally fine for OP's purposes, just wanted to clarify. It's not that they don't earn interest, but that they can't be redeemed at all in the first year. All of my I-Bonds ar...
by Chuck
Thu Mar 16, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: help with math--caluclating I Bond Interest Rates!!
Replies: 8
Views: 725

Re: help with math--caluclating I Bond Interest Rates!!

I was wondering if we were being punk'd.

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