Search found 176 matches

by John151
Wed Feb 03, 2016 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6367

Re: What age did you retire

I qualified for early retirement at fifty-five and decided to go for it. I’ve never regretted my decision.
by John151
Sat Jan 30, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: Who else is holding in cash? [For future investing]
Replies: 66
Views: 4060

Re: Who else is holding in cash?

I’m a conservative retiree pushing seventy, and my targets are 5% in cash, 65% in bonds, and 30% in stocks. Right now I have 2% in cash, 66% in bonds, and 32% in stocks. I’m slightly overweighted in bonds and stocks, so new money is going into cash. In my case, that means a money market fund. It doe...
by John151
Sat Jan 23, 2016 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use the service of a CPA or you do your tax yourself?
Replies: 82
Views: 4838

Re: Do you use the service of a CPA or you do your tax yourself?

My taxes are usually pretty simple: Form 1040, Schedule B, and sometimes Schedule D. I prepared my taxes by hand for about twenty-five years, and then switched to TurboTax in the late 1990’s. As a Vanguard investor, I was able to use TurboTax for free until this year, when Vanguard discontinued its ...
by John151
Fri Jan 22, 2016 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus vs TurboTax vs H&R Block for 2015
Replies: 77
Views: 4906

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

I calculated my federal and state income taxes for 2015 using both TurboTax and TaxAct. The results were exactly the same, but the prices were very different: $71.98 for TurboTax, and $14.98 for TaxAct. I’m going with TaxAct.
by John151
Wed Jan 20, 2016 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus Federal + State - $15!!
Replies: 32
Views: 3162

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

Many thanks for posting this link! TaxAct was able to import some of the personal information from my TurboTax return for 2014. I had to enter my investment income manually, but my investment income was fairly simple this time, and I found TaxAct to be easier to navigate than TurboTax. I think I’ll ...
by John151
Sat Jan 09, 2016 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Switch to Vanguard Federal Money Market?
Replies: 4
Views: 805

Should I Switch to Vanguard Federal Money Market?

I’ve read that later this year Vanguard investors with brokerage accounts will have to switch from Prime Money Market to Federal Money Market as their settlement account. I invest in a number of Vanguard funds, but I don’t have a brokerage account with Vanguard, and I don’t plan to move my Vanguard ...
by John151
Wed Jan 06, 2016 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30293

Re: TurboTax

I am using the Basic version of TurboTax. It has the same functionality (in terms of forms produced) that the higher versions have. It may not have the same "wizards" or "hand-holding" but it will produce the exact same forms. Will it e-file the forms as well, or would you have ...
by John151
Wed Dec 02, 2015 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30293

Re: Vanguard TurboTax - Not Available 2015?

I’m still curious as to why Vanguard pulled the plug on TurboTax. With all the bad press that Intuit gets with TurboTax marketing and misinformation, why would Vanguard even want to be remotely associated with Intuit? What if Vanguard increased the cost of all Vanguard Admiral funds a little bit fo...
by John151
Wed Dec 02, 2015 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30293

Re: Vanguard TurboTax - Not Available 2015?

I’m still curious as to why Vanguard pulled the plug on TurboTax. Did Vanguard fear legal liability if a Vanguard client who used Vanguard’s discounts to purchase TurboTax later decided for some reason to sue TurboTax?
by John151
Tue Dec 01, 2015 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30293

Re: Vanguard TurboTax - Not Available 2015?

Here’s what Vanguard says about TurboTax. This is from an email sent to Flagship clients today. "Update for TurboTax users Vanguard will continue to offer access to TurboTax® products to clients on our website, but we're discontinuing our discounted and complimentary offerings beginning with th...
by John151
Tue Dec 01, 2015 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30293

Re: Vanguard TurboTax - Not Available 2015?

Many of TurboTax’s customers were angry about TurboTax’s a la carte pricing last year. Perhaps Vanguard’s clients complained to Vanguard about it, and perhaps Vanguard decided to pull the plug for that reason.
by John151
Tue Dec 01, 2015 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30293

Re: Vanguard TurboTax - Not Available 2015?

Vanguard usually posts its TurboTax discounts in mid-December, so I wouldn’t expect to see any discounts posted before then.
by John151
Thu Sep 17, 2015 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Online Banks and Tax-Exempt Bond Funds
Replies: 3
Views: 410

Online Banks and Tax-Exempt Bond Funds

Is there any advantage in investing in an online bank savings account or CD if you’re in the 28% bracket or above? Would you do just as well, or better, in a short-term tax-exempt bond fund?
by John151
Fri Aug 28, 2015 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 103
Views: 6735

Re: If stocks dropped 30% next Monday, would you rebalance?

I rebalanced during the two previous bear markets, but I probably won’t do it again. I’m older now, I'm retired, and I have enough in bonds to see me through to the end of my days. I don’t need to put additional money at risk in stocks.
by John151
Fri Aug 28, 2015 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4686

Re: Vanguard Prime Money Market

Vanguard’s Prime Money Market Fund, formerly paying only 0.01%, is now paying a whopping 0.05%. Is it just me, or is cash getting kind of frothy?
by John151
Mon Aug 24, 2015 2:19 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 245
Views: 31419

Re: The Bogleheads' Silent Majority

Miss Market is having a bad hair day, or so I heard.


Miss Market is a drama queen. Ignore her.
by John151
Wed Aug 12, 2015 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4686

Re: Vanguard Prime Money Market

We're on a roll!
by John151
Tue Jun 02, 2015 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4686

Vanguard Prime Money Market

The SEC yield on Vanguard's Prime Money Market Fund has risen from 0.01% to 0.02%. I'm trying to decide what to do with the extra income!
by John151
Fri May 01, 2015 4:05 pm
Forum: Investing - Theory, News & General
Topic: What do you consider "cash"
Replies: 32
Views: 3000

Re: What do you consider "cash"

Maximum liquidity. If I have to sell something, it is not cash. What do you think happens when you "cash" a check. Hint, they don't go to your box and take out your money. you exchange a bank obligation for currency. When you write a check, or cash a check, I'd say that you're withdrawing...
by John151
Fri May 01, 2015 2:54 pm
Forum: Investing - Theory, News & General
Topic: What do you consider "cash"
Replies: 32
Views: 3000

Re: What do you consider "cash"

To me, an asset that you have to "cash in" before you can spend it isn't "cash." But I don't see any harm in thinking of CDs as cash, as long as your bank will let you withdraw your money on short notice, and with only a modest penalty for early withdrawal.
by John151
Mon Apr 27, 2015 9:01 pm
Forum: Investing - Theory, News & General
Topic: Who's holding cash?
Replies: 86
Views: 7600

Re: Who's holding cash?

Different people have different definitions of "cash." For me, "cash" means a checking account, a savings account, or a money market fund. Some people count bank CD's and I Bonds as cash, but to me they seem more like bonds. I currently have only about one percent of my investmen...
by John151
Mon Mar 30, 2015 8:30 pm
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 10424

Re: Did you learn anything from 2008?

I learned that I could stomach a stock market meltdown, and I learned that I could handle buying stocks even as they plunged. I also learned that I don't want to do that again.
by John151
Sat Mar 21, 2015 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Rising Interest Rates and Vanguard's Prime Money Market
Replies: 3
Views: 780

Rising Interest Rates and Vanguard's Prime Money Market

How far would short-term interest rates have to rise before Vanguard's Prime Money Market starts paying a dividend of one percent? Would a one percent rise in short-term rates get us there? Or would interest rates have to go higher than that?
by John151
Wed Mar 11, 2015 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 5523

Re: I hate the new Vanguard Web navigation!!!

GoldenFinch wrote:
John151 wrote:I'm still having problems with the disappearing drop-down menus. Is anyone else? It's making it devilishly difficult to navigate the website.


Yes, this happened to me before and continues. I thought maybe it was because I use an iPad?


I'm using an iMac running Mac OS 10.7.5 and Firefox 36.0.1.
by John151
Wed Mar 11, 2015 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 5523

Re: I hate the new Vanguard Web navigation!!!

I'm still having problems with the disappearing drop-down menus. Is anyone else? It's making it devilishly difficult to navigate the website.
by John151
Sun Mar 08, 2015 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 5523

Re: I hate the new Vanguard Web navigation!!!

You may be right about Vanguard's paternalism, Angst. Vanguard's new website makes little sense otherwise. It was so much easier when they provided links up front, and when the Watch List was at the bottom of the home page.
by John151
Sun Mar 08, 2015 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 5523

Re: I hate the new Vanguard Web navigation!!!

I've found a workaround: I've made separate bookmarks for Vanguard's home page, Vanguard's list of funds, my Watch List, and my account balances. This works, but it really shouldn't be necessary.
by John151
Sun Mar 08, 2015 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 5523

Re: I hate the new Vanguard Web navigation!!!

Getting to my Watch List is tricky, too.
by John151
Sun Mar 08, 2015 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 5523

Re: I hate the new Vanguard Web navigation!!!

I have the same problem with the "drop down" menus. I'm using Mac OS 10.7.5 and the latest versions of Firefox and Safari.
by John151
Thu Feb 26, 2015 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Passwords with 2factor authentication
Replies: 16
Views: 2377

Re: Changing Passwords with 2factor authentication

I've had 2FA set up on my Google account for a while now and I just set it up for my Vanguard account. Google gave me the choice of voice or text. I chose voice and have it go to my home phone as my cell service pretty much goes away when the leaves appear on the trees. I hope that Vanguard will al...
by John151
Wed Feb 04, 2015 4:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard survey: what should they do differently?
Replies: 72
Views: 5137

Re: Vanguard survey: what should they do differently?

Here's another vote for having one's "Watch List" on Vanguard's home page. That's where it was for many years, and I don't understand why Vanguard decided several months ago to hide it away.
by John151
Wed Feb 04, 2015 2:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard survey: what should they do differently?
Replies: 72
Views: 5137

Re: Vanguard survey: what should they do differently?

I'd like Vanguard to drop its partnership with TurboTax and form a partnership with a different tax software company, such as H&R Block or TaxAct. TurboTax charges more than its competitors charge, and its pricing policies are confusing and at times deceptive.
by John151
Mon Feb 02, 2015 2:07 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 223
Views: 33884

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

I've received an intriguing private message from another poster: "I just efiled a return from Deluxe desktop that included Schedule D. I didn't upgrade anything. I just said, what the heck, I wonder what will happen if I try? And it worked. No need for a free upgrade and no need to wait until n...
by John151
Sun Feb 01, 2015 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: How Will You Complete Your 2014 Taxes?
Replies: 69
Views: 5695

Re: POLL: How Will You Complete Your 2014 Taxes?

wow... It's amazing 40% of people here are using TT... I guess a company can do watever it wants to "customers" (multiple times) with little blow-back. Thanks to Vanguard's discounts, I can still file my taxes with TurboTax for less than I'd pay for H&R Block or TaxAct. If this ever c...
by John151
Sat Jan 31, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Turbo Tax
Replies: 38
Views: 5726

Re: Vanguard and Turbo Tax

TurboTax's discounts for Vanguard clients can be confusing. If you're a Flagship client, TurboTax Deluxe (desktop download version) and TurboTax Premier (desktop download version) will charge you $19.99 to efile a state return. But if you use TurboTax Deluxe (online version), state efiling is free, ...
by John151
Thu Jan 29, 2015 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 223
Views: 33884

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

I think the release states full functionality will be restored next year I think it's a matter of semantics: "TurboTax spokesman Julie Miller said that beginning in early February, returning Deluxe desktop customers who need to upgrade (to either Premier or Home & Business) to finish their...
by John151
Thu Jan 29, 2015 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 223
Views: 33884

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

Capitalism works! After suffering a barrage of complaints about eliminating support for Schedules C, D, E, and F in TurboTax Deluxe, Intuit has announced that for returning customers it will restore full functionality for those schedules, beginning in February, and that returning customers who've pa...
by John151
Mon Jan 26, 2015 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Turbo Tax
Replies: 38
Views: 5726

Re: Vanguard and Turbo Tax

Trying to access TurboTax through Vanguard can be frustrating, and TurboTax's murky pricing policy doesn't exactly inspire trust. I hope Vanguard will reconsider its partnership with TurboTax and move to a different company next year.
by John151
Mon Jan 26, 2015 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Can't access Turbotax Online from Vanguard site
Replies: 18
Views: 1515

Re: Can't access Turbotax Online from Vanguard site

Filing my taxes with H&R Block would cost me a bit more than filing with TurboTax via Vanguard, but I'm thinking of making the switch as a matter of principle. TurboTax's murky pricing policy doesn't inspire trust, and the company's recent apology to its customers is a case of too little, too la...
by John151
Sun Jan 25, 2015 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can't access Turbotax Online from Vanguard site
Replies: 18
Views: 1515

Re: Can't access Turbotax Online from Vanguard site

Vanguard's link to TurboTax is still down. Anyone know what the problem is?
by John151
Sat Jan 24, 2015 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can't access Turbotax Online from Vanguard site
Replies: 18
Views: 1515

Re: Can't access Turbotax Online from Vanguard site

I'm using Firefox, and I have the same problem.
by John151
Tue Jan 13, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Reporter doing story on Turbo Tax Fracas
Replies: 52
Views: 7798

Re: Reporter doing story on Turbo Tax Fracas

I'd love to see Vanguard in 2016 dump its relationship with TurboTax and switch its alliance to a more transparent provider of tax software. Vanguard, with its unique ownership structure, is an ally of investors with interests aligned with investors. Intuit TurboTax, like most of the financial-serv...
by John151
Sat Jan 10, 2015 12:17 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 223
Views: 33884

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

I think it boils down to this: "Which tax software product meets my needs at a competitive price?" If it's TurboTax, go for it. If it isn't, go for something else.
by John151
Mon Jan 05, 2015 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Filing My Taxes With Free File Fillable Forms?
Replies: 8
Views: 1166

Filing My Taxes With Free File Fillable Forms?

Have you ever efiled your federal income taxes using the IRS' Free File Fillable Forms? From what I can tell from their website, it mostly involves filling in the blanks in the appropriate forms, with the IRS doing most of the math. Has that been your experience? How does it compare in ease of use t...
by John151
Mon Jan 05, 2015 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax '14 Deluxe (Desktop) Excludes Schedule D
Replies: 223
Views: 33884

Re: TurboTax '14 Deluxe (Desktop) Excludes Schedule D

It's great that Flagship customers can download TurboTax Premier for free, but it looks like they'll have to pay $19.99 to efile a state return. They may be able to avoid that cost by printing their state return and sending it to the state through the mail. Or, depending on their state, they may be ...
by John151
Sun Dec 14, 2014 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Most/Least Boglehead 2014 Activity?
Replies: 93
Views: 10348

Re: Most/Least Boglehead 2014 Activity?

Most Bogleheadish: I harvested a tax loss on a bond fund and invested the proceeds in a fund that was similar but not substantially identical. Least Bogleheadish: My stocks have drifted above my target level, but I decided not to rebalance. My reason: I don't like paying capital gains taxes, even if...
by John151
Fri Dec 12, 2014 2:44 pm
Forum: Investing - Theory, News & General
Topic: TIPS Mutual Funds
Replies: 42
Views: 3271

Re: TIPS Mutual Funds

I have about twenty percent of my bond allocation in a TIPS fund. I have an additional thirty percent in I-Bonds, so about half of my bond allocation is in Treasury securities indexed to inflation. I'm comfortable with that, and I don't plan to make any changes in it.
by John151
Thu Dec 11, 2014 6:07 pm
Forum: Investing - Theory, News & General
Topic: Is it worth purchasing Ibonds on the verge retirement?
Replies: 25
Views: 2771

Re: Is it worth purchasing Ibonds on the verge retirement?

TomatoTomahto wrote:
pascalwager wrote:I'm 72 and still buying I Bonds. Were it possible, I Bonds would be my only bond investment.

+1

I really wish they weren't limited to a small allocation. You'd think that eventually they would inflation adjust the $10k limit :)


I agree!
by John151
Thu Dec 11, 2014 3:38 pm
Forum: Investing - Theory, News & General
Topic: Is it worth purchasing Ibonds on the verge retirement?
Replies: 25
Views: 2771

Re: Is it worth purchasing Ibonds on the verge retirement?

I'm still buying I-Bonds, and I've been retired for over twelve years. I-Bonds are a good place to stash cash that you won't need for at least a year, and they're very competitive with other fixed income investments.

Go to advanced search