Search found 205 matches

by Prudence
Wed Apr 26, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 23
Views: 2310

Re: Sitting mostly in cash. Please help.

I would not add anything to equities now. Also, I am not a fan of DCA. I would wait (patiently) for a market correction or steep drop and then lump sum your equity investment. I am in savings accounts, CDs and guaranteed rate investments and will go into equities when I feel the risk is reasonable....
by Prudence
Wed Apr 26, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 23
Views: 2310

Re: Sitting mostly in cash. Please help.

Thank you all for your suggestions. I recalculated my assets using a calculator this time and they add up to 1.24m, not 1.06m :sharebeer My arithmetic is abysmal. Anyway, here's the plan. I need to convert 565k from cash to stocks and 206k from cash to bonds to meet my 60:40 target. Total of 772k. ...
by Prudence
Sat Apr 22, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Comcast negotiations
Replies: 58
Views: 5949

Re: Comcast negotiations

long time Comcast person with their internet/phone/cable package First, whatever your strategy, if at first you do not achieve success, keep calling. You will get a different service person - probably in a different part of the US. Second, ask for their help, 'I can not afford to pay $xxx, what can...
by Prudence
Tue Apr 11, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: "Did Declining rates actually matter"
Replies: 26
Views: 2029

Re: "Did Declining rates actually matter"

Like many posters, I have been avoiding bonds and bond funds in favor of CDs. Most everyone agrees that investing in a 30 year bond fund, or a 30 year bond now would be extremely unwise. Anyway, going forward, are the conclusions in the article applicable to long term bonds i.e. yield would signific...
by Prudence
Mon Apr 03, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit
Replies: 10
Views: 1152

Social Security Spousal Benefit

My wife reaches FRA (66) in July so she is filing a restricted application for a spousal benefit on my retirement benefit (I received my first payment in January after reaching 70 in December). We will be paying federal (and maybe some state and local) taxes on her spousal benefit. I am wondering if...
by Prudence
Mon Apr 03, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Is Craigslist still the main site to sell stuff locally?
Replies: 51
Views: 4697

Re: Is Craigslist still the main site to sell stuff locally?

Is Craigslist still the main site to sell stuff locally? I know Facebook has some of this functionality, but I'm not on or willing to join FB. Also, nextdoor.com seems popular, but that seems like an inefficient way to sell things, since your ad broadcasts to a very small group compared to Craigsli...
by Prudence
Tue Mar 21, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 1014

Re: Pre-Retirement Income & Post Retirement Expenses

I am not anywhere close to retirement, but I would think these expenses would not be there in retirement: FICA & Medicare taxes - about 9% 401k & other savings - about 10 - 15% reduction in Fed and State taxes - x% But, there could be increase in expenses: Healthcare premiums Travel and oth...
by Prudence
Sun Mar 19, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion and Strategy
Replies: 13
Views: 1089

Re: Roth Conversion and Strategy

To convert or not convert and how much to convert is a function of your current and future tax rates as well as the amount in IRAs. At age 70.5, you must start RMDs from all of your IRAs. Initially, these are 3.6% of the value of the IRAs, but gradually increase over time. Also, once you start coll...
by Prudence
Wed Mar 08, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Searched forum, unsuccessful, how to find doctors who take Medicare
Replies: 62
Views: 3226

Re: Searched forum, unsuccessful, how to find doctors who take Medicsre

This is why my budget assumptions don't include a reduction of our HC costs. I will probably get some short term benefit -- I start Medicare next year -- but my longer term assumption is that we will eventually convert back to conventional insurance at some point when the provider network gets too ...
by Prudence
Sat Mar 04, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 26
Views: 2190

Re: Social Security Restricted Application

JW-Retired wrote:If she was born in or before 1954 she is grandmothered under the old law. She can still file a restricted application for spousal at her FRA and delay taking her own benefits until age 70.
JW


Thanks!
by Prudence
Sat Mar 04, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 26
Views: 2190

Re: Social Security Restricted Application

I’m looking for Bogleheads who would like to share their experience when filing an online Restricted Application for Social Security (SS) since the new SS rules signed into law on Nov 2, 2015. I am contemplating filing an online Restricted Application at Full Retirement Age (RTA) (in a couple month...
by Prudence
Wed Mar 01, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Retired Members--life mistakes
Replies: 64
Views: 8894

Re: Question for Retired Members--life mistakes

Hello All, I am not sure if I am posting this question in the correct forum, but here it goes. I would LOVE to hear from people who are just entering retirement, as well as those who are 5-10 years in. I would like to ask them two questions: 1) Off the top of your head, what was the biggest mistake...
by Prudence
Mon Feb 27, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 1816

Re: Vanguard Money Market Question

runner9 wrote:How much money are you regularly moving around that $150K a day is a problem?


Less than that regularly. So, when MM rates were so unattractive, online savings was the best option. Now that MM rates are less unattractive, I like the liquidity.
by Prudence
Mon Feb 27, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 1816

Re: Vanguary Money Market Question

I don't understand how having money at Ally gives you any less liquidity than a Vanguard MM fund. I don't understand how having money at Ally makes it any slower to buy or sell at Vanguard, compared to having money in a Vanguard MM fund. OP could you please explain your thinking? Perhaps you are mi...
by Prudence
Mon Feb 27, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 1816

Vanguard Money Market Question

Currently I have cash sitting in Ally, GS, and Barclays savings accounts getting from 1.00 to 1.25 interest. I would like better liquidity e.g. relief from various annoying limits and time delays on cash transfers. Vanguard prime money market admiral shares (VMRXX) currently has an SEC yield of 0.86...
by Prudence
Sat Feb 25, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5498

Re: Check Your Beneficiaries!

In general, are the funds that are transferred directly to the beneficiary at death of the account holder included in the decadent's estate for computation of federal and/or state estate taxes? Yes. Any assets owned by the decedent at time of death are part of his taxable estate, regardless of whet...
by Prudence
Sat Feb 25, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5498

Re: Check Your Beneficiaries!

For many people, the designation of beneficiaries might be more important than their will. It might control the disposition of larger, even much larger amounts of money. +1 "For many people, the designation of beneficiaries might be more important than their will." My investments are wort...
by Prudence
Fri Feb 24, 2017 11:36 pm
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 6227

Re: Market Run Ups - Now vs. Then

I've lived through the 2000 and 2008-2009 market crashes....different circumstances, both devastating. I'm far more diversified now than before, and I have an asset allocation better suited to weather deep dives, etc. - and yet, my stomach still gets queasy when I see run ups. It's hard to shake of...
by Prudence
Wed Feb 01, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Withdrawal
Replies: 8
Views: 1217

Required Minimum Withdrawal

If an individual has several traditional IRA accounts with different institutions, the IRS will allow her to make the total RMD (for all the IRAs) from just one of the accounts or more than one. This excludes her 401-K, right? IOW, the RMD from the 401-K must be taken completely from the 401-K, right?
by Prudence
Thu Jan 19, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1259

Re: Building a TIPs Ladder

I am thinking about having a tips ladder for 2028 through 2043, with a $15,000 bond to mature each year. ... I would rather buy only original issue tips and would rather not use a tips mutual fund. If you only bought at auction, Prudence, you couldn't complete your ladder until 2033. [1] To build i...
by Prudence
Thu Jan 19, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1259

Re: Building a TIPs Ladder

I believe the most common approach to building a TIPS ladder around here is to do so in one fell swoop, as dbr explains and as the spreadsheet Raybo links to describes. When you build the ladder that way, you have no choice but to buy TIPS in the secondary market. If you want to limit yourself to o...
by Prudence
Wed Jan 18, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: TIPS are great in "theory." But real world...
Replies: 34
Views: 3756

Re: TIPS are great in "theory." But real world...

On paper, TIPS seem like the best type of bond. I have read all of the wonderful characteristics. Protection in both inflation and deflation, no default risk, etc. Swedroe and Swensen are huge fans. However, in the real world, are they really as wonderful as they seem? I have read some worries from...
by Prudence
Wed Jan 18, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1259

Re: Building a TIPs Ladder

I've built a 10-year TIPS ladder over a period of ten years simply by buying at auction every January. I actually front end loaded it a bit by buying a larger quantity in the earlier years. You could do it this way which, of course, involves no commissions on the purchase. Gill Yes, I have been thi...
by Prudence
Wed Jan 18, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1259

Re: Building a TIPs Ladder

I believe the most common approach to building a TIPS ladder around here is to do so in one fell swoop, as dbr explains and as the spreadsheet Raybo links to describes. When you build the ladder that way, you have no choice but to buy TIPS in the secondary market. If you want to limit yourself to o...
by Prudence
Wed Jan 18, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1259

Building a TIPs Ladder

I am 70 and have never owned any tips. I am thinking about having a tips ladder for 2028 through 2043, with a $15,000 bond to mature each year. I don't know how to do this. I would rather buy only original issue tips and would rather not use a tips mutual fund. Would it make any sense for me to buy ...
by Prudence
Fri Jan 13, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: A Few BND Questions
Replies: 12
Views: 903

Re: A Few BND Questions

Intermediate term Tips are yielding roughly zero right now so that is what I use since it is convenient - I can forecast my RMD by simply dividing my current balance by the relevant factor for age 70.5. I'd say you can probably expect no better than 0-1% real for bonds. I have never owned Tips for ...
by Prudence
Fri Dec 16, 2016 8:39 am
Forum: Personal Consumer Issues
Topic: Netflix Question
Replies: 30
Views: 4002

Re: Netflix Question

If you personally set the Netflix account up on her device and don't give her the user/password she will not be able to interfere with your account. I share my Netflix account with my girlfriend, brother, and parents and none of them can mess with payment methods, etc So, I would login to Netflix f...
by Prudence
Thu Dec 15, 2016 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Rollover from Fidelity to Vanguard
Replies: 3
Views: 634

401K Rollover from Fidelity to Vanguard

I retired in 2016 and I have not moved my 401K. My Fidelity 401K seems decent in that it offers various retirement funds including Vanguard funds with decent expense fees. Nevertheless, it makes sense that I should move it to a Vanguard IRA account (with my other Vanguard accounts) where I would pro...
by Prudence
Sun Dec 11, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Netflix Question
Replies: 30
Views: 4002

Re: Netflix Question

If you personally set the Netflix account up on her device and don't give her the user/password she will not be able to interfere with your account. I share my Netflix account with my girlfriend, brother, and parents and none of them can mess with payment methods, etc So, I would login to Netflix f...
by Prudence
Sun Dec 11, 2016 11:35 am
Forum: Personal Consumer Issues
Topic: Netflix Question
Replies: 30
Views: 4002

Netflix Question

My SIL has requested that we give her our user id and password so she can use our account to view content. She lives on a tight budget. Is there a way of setting this up so she will not be able to see and update my private information like payment method, credit card, plan type etc.? Netflix live ch...
by Prudence
Thu Dec 08, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Current Market rally
Replies: 61
Views: 8162

Re: Current Market rally

How much staying power do you think this rally has ? It seems somewhat of an irrational exuberance with the Dow going down 800 points on election evening (premarket ) to more than a 1000 points up now. I think once the new administration is in power, reality will set in and it will fall again, but ...
by Prudence
Tue Nov 22, 2016 11:06 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 227
Views: 25105

Re: Retreat to cash

Markets do not like uncertainty, and it would appear that with the new president, 2017 will bring a period of uncertainty on some major issues. I DO NOT intend this post to elicit a political debate or name-calling contest. I have no leanings one way or the other with respect to political parties o...
by Prudence
Sun Nov 13, 2016 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Pay On Death and Beneficiary Questions
Replies: 11
Views: 1661

Re: Pay On Death and Beneficiary Questions

I would suspect that the bank doesn't allow contingent or secondary beneficiaries because it doesn't want to get into more complex arrangements which could involve more complex legal issues. If you only allow a primary beneficiary it's not too much different then having a joint account where one of...
by Prudence
Sat Nov 12, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Pay On Death and Beneficiary Questions
Replies: 11
Views: 1661

Re: Pay On Death and Beneficiary Questions

I would suspect that the bank doesn't allow contingent or secondary beneficiaries because it doesn't want to get into more complex arrangements which could involve more complex legal issues. If you only allow a primary beneficiary it's not too much different then having a joint account where one of...
by Prudence
Thu Nov 10, 2016 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Pay On Death and Beneficiary Questions
Replies: 11
Views: 1661

Pay On Death and Beneficiary Questions

I live in Maryland. I have non-retirement savings and CD accounts with a bank. On line, I established by wife as the 100% primary beneficiary. On line, there is no option to establish a contingent or secondary beneficiary. Why is this? If I die, would there be any federal or state taxes (estate or i...
by Prudence
Tue Nov 01, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement F vs C
Replies: 23
Views: 1629

Re: Medicare Supplement F vs C

... For a $2 difference ($24 per year), I'm sticking with Plan F and I will bring hubby to the dark side with me.... You might want to look at plan G as an alternative to either C or F. Plans C and F will be closed to new enrollees in 2020, and without fresh young blood entering the pool to help pi...
by Prudence
Mon Oct 31, 2016 12:52 pm
Forum: Personal Consumer Issues
Topic: Which new phone is the Best Buy for the money
Replies: 35
Views: 3611

Re: Which new phone is the Best Buy for the money

mhalley wrote:Clark Howard likes the Amazon Prime moto g ones.
https://www.amazon.com/s/ref=nb_sb_noss ... rds=Moto+g


I recently bought the moto g4 plus unlocked 64gb. It has the features she is looking for at half the price of the iPhone. Good luck.
by Prudence
Wed Oct 26, 2016 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Dental 'Discount Plans' for uninsured
Replies: 22
Views: 1993

Re: Dental 'Discount Plans' for uninsured

MIL has no dental insurance. (Medicare HMO plan for health) She needs some dental work done. I'm looking at something like this Dental Discount Plan for her. Looks like you still pay 100%, but you pay 100% of the insurance negotiated rate, which is often 50% of cash rate. ( I already called our den...
by Prudence
Sun Oct 23, 2016 5:48 pm
Forum: Personal Consumer Issues
Topic: Another "replace car or not" decision
Replies: 13
Views: 1332

Re: Another "replace car or not" decision

I've read the various discussions about whether/when to replace a "beater" with some interest. I would like to get input into my situation. I'm in my mid-50's and will be retiring next summer. I have a 2004 Nissan Sentra with around 160,000 miles. It's reliable and well-maintained, but it...
by Prudence
Mon Oct 17, 2016 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Monthly Benefit Amount
Replies: 4
Views: 796

Re: Social Security Monthly Benefit Amount

I thought the maximum social benefit at full retirement age was about $2,639 per month. How did you come up with your amount? Max SS benefit for someone who reached FRA in 2012 was $2513/month. Increase that by COLA's of 1.7%, 1.5% and 1.7% and 0% and you get $2638. Add 32% and I get $3482. Not sur...
by Prudence
Mon Oct 17, 2016 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Monthly Benefit Amount
Replies: 4
Views: 796

Social Security Monthly Benefit Amount

SSA just notified me in a letter that they had changed my monthly benefit amount. Their number looks low to me so I will send them an appeal form. Meanwhile, I am seeking any information you have time to contribute. Details: Birthdate: 12/09/1946 Initial PIA at FRA (66): $2,687.70 DOE: 12/2016 (i.e....
by Prudence
Sun Sep 18, 2016 8:46 pm
Forum: Personal Consumer Issues
Topic: Calling DC area Bogleheads for help with relocation
Replies: 34
Views: 2431

Re: Calling DC area Bogleheads for help with relocation

To those familiar with the Washington DC area, I'm looking for your insight. I may have the option to attend a two-year academic program at Georgetown beginning in January, and I'm weighing it against some alternatives, trying to take a holistic approach that considers more than just academics: cos...
by Prudence
Mon Aug 08, 2016 5:55 pm
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Re: Moving from Android to iPhone

I am an Apple guy and I am typing this on a Macbook right now. I own an (new version) iTouch, but not an iPhone. Honestly, steer clear of the iPhone, at least for now. I am very close to someone who has a Galaxy S7 Edge and it blows away the 6S Plus. It isn't close. The camera is better, the speed ...
by Prudence
Mon Aug 08, 2016 7:19 am
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Re: Moving from Android to iPhone

I do a few texts and calls each day. Rarely use the mobile to browse the internet or use apps or download files or listen to music, but, I like having the capability to do these things. I take pics occasionally. So, obviously, my usage stats are relatively low in phone, text, and data. I do tend to...
by Prudence
Sun Aug 07, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Re: Moving from Android to iPhone

I have a very old Motorola smart phone that needs to be replaced. For a couple of reasons, I would like to switch to the iPhone 6 Plus (SIM Free; 16MB). We have a windows PC with no plans to switch to a MAC. What problems can I expect, if any? For example, will I be able to save pictures from the i...
by Prudence
Sat Aug 06, 2016 2:40 pm
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Re: Moving from Android to iPhone

I would also recommend you stick to android. The issue with apple is their phones are really really expensive...and they never go on sale unless you buy a couple model old ones. Android has a lot of choices...you can get a brand new $200 phone that works really well. I actually recently purchased t...
by Prudence
Sat Aug 06, 2016 9:23 am
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Re: Moving from Android to iPhone

I'd also look at the top LG phones. I have a fairly new LG 5 and it has been great. No glitches, long battery life, great camera (which I rarely use). In addition to many features/specs, two reasons I chose this were (a) can add SD card to expand memory and (b) the battery is removable. In rare cir...
by Prudence
Fri Aug 05, 2016 2:29 pm
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Re: Moving from Android to iPhone

I won't try to talk you out of the iphone, (agree about 16gb being too small), but fortunately there is now an app to make the move less painful. http://www.apple.com/iphone/switch-to-iphone/ I have a nexus and love it by the way. Please try to talk me out of the iPhone (unless all the points have ...
by Prudence
Fri Aug 05, 2016 9:34 am
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3722

Moving from Android to iPhone

I have a very old Motorola smart phone that needs to be replaced. For a couple of reasons, I would like to switch to the iPhone 6 Plus (SIM Free; 16MB). We have a windows PC with no plans to switch to a MAC. What problems can I expect, if any? For example, will I be able to save pictures from the iP...
by Prudence
Thu Aug 04, 2016 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: No faith in stocks/bonds - Where to park cash?
Replies: 38
Views: 4296

Re: No faith in stocks/bonds - Where to park cash?

You should research the Permanent Portfolio. It's a low volatility asset allocation which attempts to address every economic condition. At it's core it is 25% stock, 25% cash (short-term treasuries), 25% long-term treasuries, and 25% gold. The components sound crazy, but together they result in slo...

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