Search found 36 matches

by Larry2623
Sun May 13, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market instead of bond fund
Replies: 40
Views: 4976

Re: Vanguard Prime Money Market instead of bond fund

For how long? You can chart the total return of VBTLX and VMMXX and see that VBTLX outperforms in the long run. That was in a bond bull market. Perhaps if the bear is here... history won't look like the future? That is my concern...most people here have never even seen a bond bear market and I wond...
by Larry2623
Thu May 10, 2018 11:36 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 7667

Re: Amazon Alternative

It is hard to beat Amazon subscribe and save when t is 15% off
by Larry2623
Thu May 10, 2018 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Index funds model
Replies: 18
Views: 1927

Re: Vanguard Customer Service

Many on this board would suggest Schwab or Fidelity, which have better customer service than Vanguard. Bogleheads: The underlined quote is debatable. Any company with millions of customers (especially a rapidly growing company) will have disgruntled customers and some come here to complain. I have ...
by Larry2623
Sun May 06, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 2990

Re: Help with in-laws investment- 100% in stocks with 5 years left to retu

"And, maybe most important, did they ask for your opinion or guidance regarding their investments?

If not, then stay out of their finances."

+1
by Larry2623
Wed May 02, 2018 12:51 am
Forum: Personal Consumer Issues
Topic: Asheville, NC Visit
Replies: 20
Views: 1845

Re: Asheville, NC Visit

Try Tupelo Honey Cafe for breakfast for brunch if you can't make it early Dinner is good too!
by Larry2623
Mon Apr 30, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 6848

Re: How would you handle a request for money from a niece?

Personally I would not have spent the time typing all the OP did over $100...But if you do, I can not believe you told your 90 yo mom she had to give up something (suffer) to help her niece...just cruel!! But I guess you felt you needed to teach a 90 yo a valuable life lesson.
by Larry2623
Mon Apr 16, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: Human Touch WholeBody 7.1 Massage Chair review
Replies: 9
Views: 1248

Re: Human Touch WholeBody 7.1 Massage Chair review

daveydoo wrote:
Mon Apr 16, 2018 7:08 pm
Retirement, you say? Buy a treadmill, not a chair!

Do you really need an incentive to sit? :D
It would be for after the gym!
by Larry2623
Mon Apr 16, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: Human Touch WholeBody 7.1 Massage Chair review
Replies: 9
Views: 1248

Re: Retirement Gift

thanks
by Larry2623
Mon Apr 16, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: Human Touch WholeBody 7.1 Massage Chair review
Replies: 9
Views: 1248

Human Touch WholeBody 7.1 Massage Chair review

Little off topic, but since people ask about car purchases...My company offers retirement gifts from a catalog, decent stuff around $1500. One of the options is a massage chair. I would normally select something like a 4k smart uhd TV, but the massage chair is something I would never buy myself. I w...
by Larry2623
Wed Apr 11, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5657

Re: Retirees: Who's increasing their equities as they age?

Once one is at the point where they can safely withdraw the funds they need to live, why not increase equities to get more? Get more in order to leave more to their heirs, charities. Get more to increase spending -for themselves for those that they care to share. During my working career, even thou...
by Larry2623
Mon Mar 26, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Computer Security
Replies: 55
Views: 3582

Re: Computer Security

So no one use any security like norton or malwarebytes or anti anti virus?
by Larry2623
Mon Mar 26, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Computer Security
Replies: 55
Views: 3582

Re: Computer Security

OP here...just internet banking, investing...just internet. Fidelity is my main asset account and I use vip for added security. I have Mac air, desktop win10 and ipad/iphone
by Larry2623
Sun Mar 25, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Computer Security
Replies: 55
Views: 3582

Computer Security

Retiring next month, always used work computer security now must set up my own. Any suggestions for best? Norton, malwarebytes, etc
by Larry2623
Wed Feb 28, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: "Where Do IRAs Fit in Your Retirement Distribution Plan?"
Replies: 6
Views: 844

Re: "Where Do IRAs Fit in Your Retirement Distribution Plan?"

I think a more balanced approach is better...keep my income in the 12% bracket! At least convert to roth ira to try and bring down balances before RMDS kick in
by Larry2623
Tue Feb 27, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3531
Views: 1005529

Re: What Movie Have You Recently Watched?

Malinois000 wrote:
Thu Feb 22, 2018 11:32 pm
Black Panther - terrific film!
Was it really? I found it very predictable...
by Larry2623
Thu Feb 15, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7277

Re: Wisdom of Bitcoin

An old friend put thousands of dollars into bitcoin in 2011 and urged me to do the same. He insisted that the government was going to collapse and only bitcoin would withstand the hyperinflation. Instead, I bought VTSMX. My investment has doubled since then... and his investment made him a retired ...
by Larry2623
Thu Feb 15, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 38
Views: 8361

Re: Why not just do CDs and skip bonds?

The issue I have with Bond advice is we have been in a 30 year bond bull market. I wonder how many people's advice take that into account?
by Larry2623
Mon Jan 29, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: VGTSX and VEMAX a good pair?
Replies: 13
Views: 1235

Re: VGTSX and VEMAX a good pair?

Not all bear markets go down 50%
by Larry2623
Sun Jan 28, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7277

Re: Wisdom of Bitcoin

And what % of law abiding people need to go "anywhere in the world" to move money in secret?
by Larry2623
Fri Jan 26, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: Fidelity charging extra fee for Vanguard funds in 401k?
Replies: 31
Views: 2489

Re: Fidelity charging extra fee for Vanguard funds in 401k?

Problem is Vanguard is not paying Fidelity the fee other fund families pay
by Larry2623
Tue Jan 09, 2018 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement 4/2018 question
Replies: 5
Views: 980

Re: Retirement 4/2018 question

age=58 I normally max out 401k at 24500 but since I was only working 3 months this year it would have been considerably less. Not sure when in the year the ltcg will happen, major owners are shopping company first quarter. I was just going by confident assumption this year will be my highest tax bil...
by Larry2623
Tue Jan 09, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement 4/2018 question
Replies: 5
Views: 980

Re: Retirement 4/2018 question

Thanks for replies...Single, no state tax and it was passive.

Still trying to decide if I should load up 401k contributions for 3 months working to at least save taxes on salary.
by Larry2623
Mon Jan 08, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Retirement 4/2018 question
Replies: 5
Views: 980

Retirement 4/2018 question

I will earn about 30k from job up to my retirement on 4/15/2018. It also looks like a large long term private stock(s-corp) I own will be sold this year. I think the long term capital gain will be around 800k. Anyone think of anything I should be aware of with the large hit? Like I do not think I wo...
by Larry2623
Wed Dec 20, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 7393

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

That's how you know it will crash soon. Remember how everyone was flipping houses in 2005-06? And at least houses were an actual thing...bitcoin is total bs...it is only valuable because about a 1000 people are manipulating it.
by Larry2623
Mon Oct 09, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Private S corp stock
Replies: 6
Views: 478

Re: Private S corp stock

stan1 wrote:
Mon Oct 09, 2017 2:40 pm
How does your state handle taxation on the sale? If you live in California you might want to move to a different state.
I live in Florida no state tax
by Larry2623
Mon Oct 09, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Private S corp stock
Replies: 6
Views: 478

Private S corp stock

I invested $140k in my brother's private corp about 5 years ago. I do not materially participate in the business and I am a less than 1% owner. He expects to sell biz in about 14 months and I expect about $960k from sale. LT capital gains of ~$820k. I am getting ready to retire in a few months. My q...
by Larry2623
Fri Sep 29, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 27943

Re: I won the Lottery. Need sound advice.

Congrats on your win!

If I were you I would first try to figure out how I got in such a terrible financial state before my win...it was really bad considering you guys were making 200k. If you do not figure out how you got there and correct it, I am afraid you will be right back there in 10 years.
by Larry2623
Sun Jul 16, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1216

Re: Large future capital gain

thanks for info. I am passive. I do recieve the k1 loss statement each year that I may be able to use.
by Larry2623
Sun Jul 16, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1216

Re: Large future capital gain

Also I am a member of the 2017 retirement class...if that makes a diff.
by Larry2623
Sun Jul 16, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1216

Re: Large future capital gain

It is private stock in a casual dining restaurant chain...currently an s corp.
by Larry2623
Sat Jul 15, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1216

Large future capital gain

I invested in a private company 5 or so years back. The people running things say they will either sell the company in 2018 or if they do another capital raise 2022. When this sells I was told to expect to have low 7 figure capital gain..1-3 depending on sale year. I know nothing is 100% until the s...