Search found 12459 matches

by Mel Lindauer
Sat Sep 16, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 52
Views: 11409

Re: Q&A WITH JACK BOGLE - Got a Question for Jack?

Final call for questions for Jack Bogle's Q&A session at the 2017 Bogleheads Conference.

I've collected the questions up to here and will be locking this thread down very soon, so speak up now or get shut out.
by Mel Lindauer
Fri Sep 15, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3320

Re: Advice Badly Needed---Meeting with Financial Advisor

You've come to the right place for unbiased help in your journey to financial independence. You've just barely avoided the jaws of the NWL shark.

Avoid this salesperson, and any others like him, like the plague. Cancel the meeting and don't look back.
by Mel Lindauer
Sun Sep 10, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 811

Re: Do I-bonds (vs TIPS) make any long term sense in taxable space?

In addition to the tax-shifting from a current higher tax bracket to a lower one in retirement that's already been pointed out, I Bonds can also be used, tax-free, for qualifying educational expenses for you and/or any dependents. And, even if the kids have already finished college, some investors m...
by Mel Lindauer
Fri Sep 08, 2017 3:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: IRMA coming to South Beach in Miami
Replies: 18
Views: 1624

Re: IRMA coming to South Beach in Miami

Best wishes Mel. We think of the impact of the storm on our building as the primary challenge to safety but the next days without power, water, and ability to move about in a big storm are just as big of a concern. Seeing the images from Barbuda and St John's are humbling. After our City's experien...
by Mel Lindauer
Fri Sep 08, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 30
Views: 3609

Re: NJ Teacher Lost with 403bs

Bogleheads are here to help and give the most solid advice that can be given based on historical performance, taxes, contributions, asset allocation, how to DIY, ER fees, etc... . Nothing wrong with your personal account of Lincoln, but let's seriously look at the numbers and what those ER and admi...
by Mel Lindauer
Fri Sep 08, 2017 2:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: IRMA coming to South Beach in Miami
Replies: 18
Views: 1624

Re: IRMA coming to South Beach in Miami

Taylor is moving to the same hurricane-proof hotel where the Hurricane Center folks camp out, do their planning and provide information to everyone during times like this, so he should be fine. The major evacuation routes (I-75 and I-95) are parking lots heading north. Some reports state traffic's m...
by Mel Lindauer
Wed Sep 06, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds vs. Betterment
Replies: 2
Views: 620

Re: I-Bonds vs. Betterment

IMO, the Betterment account just adds complexity and offers no discernible advantage over your present holdings. You don't need Betterment to open a Roth.
by Mel Lindauer
Mon Sep 04, 2017 4:01 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15829

Re: [Are the Bogleheads] getting less interesting?

Over the years I have been fairly active in a number of forums. Here, I lurked for 7-9 years before posting. There was a reason for that. The way the forum is run, it simply is not conducive to people getting to know one another and bonding at a more personal level; that is fine, it is not a critic...
by Mel Lindauer
Sat Sep 02, 2017 12:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hong Kong Bogleheads?
Replies: 33
Views: 4504

Re: Hong Kong Bogleheads?

HI! I am new on this forum but would like to join the HK Chapter, is there an email where I can send my contact information? See Chapter #72 listing for contact information here: https://www.google.com/maps/d/u/0/viewer?mid=1KX-WSvjOwmi1fLocIrz5wHiBB7s&ll=36.70875191922056%2C-95.86343664218748&z=1
by Mel Lindauer
Fri Sep 01, 2017 3:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15829

Re: [Are the Bogleheads] getting less interesting?

I've had to remove a number of posts that commented on forum policy. I need to remind everyone that posting comments about forum moderation (whether positive or negative) are against forum policy and are not allowed. Members can always PM an Admin or a Moderator with their concerns/comments (again,...
by Mel Lindauer
Thu Aug 31, 2017 6:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15829

Re: Is Bogelheads getting less interesting?

Maybe it has become less interesting. Any group is a constellation of its stars. I have noted the absence of posters such as...Rick Ferri, chaz, Gummy, LBill, Petrocelli, Adrian Nevu, Ole Meph, Laura, Trev H. These folks added their unique personalities to the place. Anyone remember Uncle Clemick, ...
by Mel Lindauer
Tue Aug 29, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with series EE savings bonds?
Replies: 28
Views: 2777

Re: What to do with series EE savings bonds?

CZjc1330 wrote:
Tue Aug 29, 2017 11:08 am
A simple question -- I hope. I know my 1992 EE Bonds are paying 4%. But is that 4 % on my original investment or on their present accumulated value?
It's on your accumulated value.
by Mel Lindauer
Tue Aug 29, 2017 1:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 25
Views: 1988

Re: New Columbus, Ohio Chapter

OK, it's official. The Columbus Ohio Chapter is now in business. RetiredMarine has agreed to be the Local Chapter Coordinator. He's established a new email address for your group. It's ColumbusBogleheads@gmail.com. In addition to the email address, you can use this Local Chapters sub-forum to commun...
by Mel Lindauer
Sun Aug 27, 2017 12:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 25
Views: 1988

Re: New Columbus, Ohio Chapter

I am also interested in a Central Ohio chapter. By my count, that makes five. We have the required five and I'm sure there are lots more Bogleheads in the Columbus area. Now all we need is for one of you to agree to be the Local Chapter Coordinator. The Local Coordinator doesn't have to be an inves...
by Mel Lindauer
Fri Aug 25, 2017 9:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 25
Views: 1988

Re: New Columbus, Ohio Chapter

OK, we're almost there. Just need five with one of the five willing to be the Local Chapter Coordinator. PM me if you're that one person.
by Mel Lindauer
Fri Aug 25, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with series EE savings bonds?
Replies: 28
Views: 2777

Re: What to do with series EE savings bonds?

I have some EE bonds from 1990-1993. This link https://treasurydirect.gov/indiv/research/indepth/ebonds/res_e_bonds_eeratesandterms_eebondsissuedbefore051995.htm suggests that they should be earning 6%. But when I enter them into the EE Bond calculator it returns only 4%. If I'm reading that right ...
by Mel Lindauer
Tue Aug 22, 2017 6:15 am
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 7414

Re: IBonds: My worst bond investment over the last 5 years

... the greater the rate of DEflation, the greater the REAL return on I Bonds (even 0% I Bonds). Instead of " even 0% I Bonds", Mel, I'd say " especially 0% I Bonds". This is because I Bonds with a 0% fixed rate benefit from any CPI decrease (over a six month period March - September or September -...
by Mel Lindauer
Mon Aug 21, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: Lastpass anyone use it?
Replies: 31
Views: 3106

Re: Lastpass anyone use it?

bob60014 wrote:
Mon Aug 21, 2017 2:40 pm
I currently use Dashlane without any issues.
Like you, I use Dashlane. I switched to them from LastPass and haven't looked back. I use the paid Premium version of Dashlane and find it's well worth it.
by Mel Lindauer
Mon Aug 21, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 7414

Re: IBonds: My worst bond investment over the last 5 years

Another advantage of I Bonds, if one chooses to view it that way, is that they have no "share price" which fluctuates with markets. They never decline below face value, and even if inflation (as measured by CPI-U) ceases or there is actual deflation, they never decline from their previously accrued...
by Mel Lindauer
Mon Aug 21, 2017 2:45 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 81
Views: 5309

Re: Home Page Updated

- The Home page tag line of "Investing Advice Inspired by Jack Bogle" has been changed to "Investing Advice Inspired by John Bogle". We also changed the forum and wiki tag lines to much. Just curious, why the change from Jack to John? I know John is Mr. Bogle's legal name, but my understanding is h...
by Mel Lindauer
Tue Aug 15, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on I-Bonds Transfer
Replies: 14
Views: 866

Re: Tax on I-Bonds Transfer

Did you ever consider holding on to the existing Savings Bonds and simply gifting money that the parents could use to purchase new I Bonds in their name which could then be used, tax-free, for your grandchildren's education? Seems like a simple solution unless you simply don't have the money to gift...
by Mel Lindauer
Mon Aug 14, 2017 3:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Antonio Local Chapter Established
Replies: 27
Views: 2496

Re: San Antonio Local Chapter Established

OK, San Antonio Bogleheads; you now have a Local Chapter. Royce has stepped up and agreed to the the Local Chapter Coordinator. You can use this sub-forum to communicate with each other about meeting dates, times, locations, agendas, etc. The email address for the Local Chapter is SanAntonioBoglehea...
by Mel Lindauer
Sat Aug 12, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 3345

Re: Elite status clubs that you are part of?

VictoriaF wrote:
Sat Aug 12, 2017 10:31 am
Mensa.

Victoria
While you're certainly smart, you're definitely not a smart aleck, Victoria.
by Mel Lindauer
Thu Aug 10, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: Laptop suggestions pls
Replies: 30
Views: 2324

Re: Laptop suggestions pls

Not cheap, but I love my Lenovo Yoga 900 2-in-1. i7, 512gb SSD, 16gb memory, touchscreen, lighted keyboard, light as a feather. You can get it cheaper by using less memory, less storage and a less expensive chip which you seem amenable to.
by Mel Lindauer
Wed Aug 09, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: How long do you keep your kitchen sponge?
Replies: 55
Views: 5650

Re: How long do you keep your kitchen sponge?

This thread has run its course and is locked (topic is below acceptable threshold).
by Mel Lindauer
Mon Aug 07, 2017 12:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Des Moines Iowa local chapter?
Replies: 5
Views: 1206

Re: Des Moines Iowa local chapter?

CyclingDuo wrote:
Mel Lindauer wrote:Let me know via PM if someone agrees to become the new Local Chapter coordinator.
Did this ever materialize?
Still waiting from someone to step up and agree to be the Local Chapter Coordinator. PM me if you're interested.
by Mel Lindauer
Tue Aug 01, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds math
Replies: 2
Views: 423

Re: I-Bonds math

I am new to I-bonds world. Last March I started laddering my EF to I-bonds. I bought $2000 in March (transaction backdated 03/1/17), the interest was 2.76%. Now I am checking the value and it is $2,008.80 (8/1/17). Applying the XIRR formula showing me that this is equal to 1.05% only (not the 2.76%...
by Mel Lindauer
Sun Jul 30, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Any pilots here? [as a career]
Replies: 38
Views: 4472

Re: Any pilots here? [as a career]

If you're a veteran, the GI Bill can help fund the start of your aviation career. While I had to pay for my private ticket, the GI Bill paid the lion's share of my commercial, instrument, multi-engine, seaplane rating and my CFIA&I-SMEL. I used the last part of my GI Bill working on a Lear type rati...
by Mel Lindauer
Mon Jul 24, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Three credit card scams ATTEMPTED this week
Replies: 9
Views: 1972

Re: Three credit card scams ATTEMPTED this week

Ahhh, Mel, my friend. Nice to "see" you again, too. For those who don`t know, Mel was the one who told us to back up the truck and load up with series I bonds when you could buy them on line. All is good here with us, hope you and yours are the same. Still kicking....and shopping....and shopping......
by Mel Lindauer
Mon Jul 24, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: PMI - Why So Much Hate? [Private Mortgage Insurance]
Replies: 13
Views: 1397

Re: PMI - Why So Much Hate?

This thread is locked (non-actionable).
by Mel Lindauer
Sun Jul 23, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: AXA Structured Variable Annuity - Help me calculate fees/returns
Replies: 14
Views: 927

Re: AXA Structured Variable Annuity - Help me calculate fees/returns

The annuity almost certainly uses the SP500 Index , not SP500 Total Return . Dividends are about 2%'per year, so the "drag" is closer to 4.5% than to 2.5%. That revises your numbers as follows: So if the S&P 500 Index is down 10% at end of the 5 year contract: AXA "covers" the 10% "loss" but still ...
by Mel Lindauer
Sun Jul 23, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: Three credit card scams ATTEMPTED this week
Replies: 9
Views: 1972

Re: Three credit card scams ATTEMPTED this week

Hello to my dear Diehards, I haven't posted in awhile, but wanted to share this with you. Just THIS week, Mr. LynnC and I have had our credit cards '"ALMOST" hyjacked by three well known companies. Their names are not as important as this message I have for you about shopping on line and using eith...
by Mel Lindauer
Thu Jul 20, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: move US Savings Bonds to Vanguard
Replies: 11
Views: 1144

Re: move US Savings Bonds to Vanguard

Wife and I hold 9 Series EE & I US Savings Bonds currently value $3099. yielding from 3.62% to 5.84%. The paper bonds are registered in her or my name individually. 1. Is there a way to move these bonds directly into our taxable Vanguard account setup as a family trust account without loosing ANY o...
by Mel Lindauer
Mon Jul 17, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6567

Re: anyone retire and move to a planned community in FL?

I started visiting Florida as a snowbird and rented all over the state, looking for the ideal place to retire. I ended up choosing Daytona Beach Shores and now live right across the street from the beach. Low cost of living, low property taxes, no inheritance or estate tax, etc. Casual living at it...
by Mel Lindauer
Mon Jul 17, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10665

Re: % bogleheads of overall population

mickeyd wrote:
The average # of unique visitors per day
Who qualifies as a unique visitor Mel?
One individual.
by Mel Lindauer
Sat Jul 15, 2017 4:38 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10665

Re: % bogleheads of overall population

Another interesting stat: The average # of unique visitors per day is around 70,000 and we get up to 90,000 unique visitors on some days.
by Mel Lindauer
Sat Jul 15, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10665

Re: % bogleheads of overall population

I would think that one of the mods could tells us the number of site members (including lurkers) and we could divide by 300MM and call it good enough. I'd guess its pretty small. We're not 4Chan. :D There are people that hit the max that are not Bogleheads, and Bogle-head types that do not hit the ...
by Mel Lindauer
Sat Jul 15, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6567

Re: anyone retire and move to a planned community in FL?

I started visiting Florida as a snowbird and rented all over the state, looking for the ideal place to retire. I ended up choosing Daytona Beach Shores and now live right across the street from the beach. Low cost of living, low property taxes, no inheritance or estate tax, etc. Casual living at it'...
by Mel Lindauer
Thu Jul 13, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: Buckley will succeed McNab as Vanguard CEO at year end
Replies: 32
Views: 3809

Vanguard Leadership Changes Announced

Hello Everyone: Thought I'd share the following news with you in case you haven't already heard. First, effective today, the Board of Directors of The Vanguard Group unanimously elected Vanguard’s Chief Investment Officer Tim Buckley as president and director of Vanguard and announced plans for him ...
by Mel Lindauer
Thu Jul 13, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a Legacy treasury direct bond
Replies: 3
Views: 247

Re: Selling a Legacy treasury direct bond

Not sure I understand your situation, since Treasury Direct is an online service where everything's handled electronically between the acct. owner and his/her bank. No need for a broker. Can you clarify?
by Mel Lindauer
Wed Jul 12, 2017 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: EE Bonds?
Replies: 44
Views: 2026

Re: EE Bonds?

Here's a Forbes column I did some time agao on using EE Bonds as an annuity to help finance retirement.

https://www.forbes.com/sites/theboglehe ... 8a08ed7ba3
by Mel Lindauer
Tue Jul 11, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity
Replies: 5
Views: 515

Re: Variable Annuity

I'm sure it's accurate if the contract is really old. I've seen other company contracts like that and yes it's a true return like a CD. Impossible to get in this environment. She needs some assets that would grow faster than inflation but this piece is pretty damn good for bonds. While its true tha...
by Mel Lindauer
Tue Jul 11, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity
Replies: 5
Views: 515

Re: Variable Annuity

Sometimes the increase is not in the actual cash value that your Mom could actually get if she redeemed the annuity. Rather, it's in a fictional value that her annuity payout would be based on when/if she annuitized. You can find out by asking exactly how much she'd get if she surrendered the annuit...
by Mel Lindauer
Sat Jul 08, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11935

Re: "Bond wipeout has just begun"???

Match your bond holdings to the bond fund's duration and then ride it out. Mel, with all due respect, can you explain what that means? I don't think what you wrote just there even makes any sense. I assumed he meant: hold each bond fund for at least as long as the average duration of the fund. But ...
by Mel Lindauer
Sat Jul 08, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11935

Re: "Bond wipeout has just begun"???

So is this "really" the end of the multi-year bond rally? And if bonds/bond funds are in for a long period of declining prices, and stocks are pricey, what do you do? Sit it out in a money market fund making nothing (and actually losing money to inflation)? https://www.bloomberg.com/news/articles/2...
by Mel Lindauer
Thu Jul 06, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11935

Re: "Bond wipeout has just begun"???

So is this "really" the end of the multi-year bond rally? And if bonds/bond funds are in for a long period of declining prices, and stocks are pricey, what do you do? Sit it out in a money market fund making nothing (and actually losing money to inflation)? https://www.bloomberg.com/news/articles/2...
by Mel Lindauer
Thu Jul 06, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3080

Re: Do you keep a balance in your settlement fund?

Under the old system, you could keep a $0 balance in your settlement acct. and they would automatically transfer the exact amount of money from your Prime MM to cover any check you wrote. Under the new "upgrade", that's no longer true. If you don't have enough $$ in your settlement acct., your chec...
by Mel Lindauer
Thu Jul 06, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3080

Re: Do you keep a balance in your settlement fund?

Under the old system, you could keep a $0 balance in your settlement acct. and they would automatically transfer the exact amount of money from your Prime MM to cover any check you wrote. Under the new "upgrade", that's no longer true. If you don't have enough $$ in your settlement acct., your chec...
by Mel Lindauer
Thu Jul 06, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3080

Re: Do you keep a balance in your settlement fund?

Under the old system, you could keep a $0 balance in your settlement acct. and they would automatically transfer the exact amount of money from your Prime MM to cover any check you wrote. Under the new "upgrade", that's no longer true. If you don't have enough $$ in your settlement acct., your check...