Search found 1165 matches

by RustyShackleford
Fri Jul 21, 2017 2:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 146
Views: 15955

Re: Vanguard upgraded my accounts - angry [Brokerage Services]

The change from Prime to Federal as your settlement fund is a result of Federal regulations. It has nothing to do with the upgrade. Can you explain ? Am I correct that my only recourse is to manually move money from Federal to Prime periodically ? Ah well, distributions for the Federal are about 60...
by RustyShackleford
Fri Jul 21, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 146
Views: 15955

Re: Vanguard upgraded my accounts - angry [Brokerage Services]

So I went ahead an "upgraded" my account (from mutual fund to brokerage) on the understanding that "nothing would change" except I'd have more availability of purchasing ETFs and the like. However, I now see that my "settlement fund" is the Federal Money Market. Formerl...
by RustyShackleford
Thu Jun 29, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 146
Views: 15955

transition to Vanguard brokerage ?

[Thread merged into here, see below (next page). --admin LadyGeek] I received an email from Vanguard today inviting me to "move to the Vanguard brokerage account". The main text is: We invite you to transition your Vanguard mutual fund account to the Vanguard Brokerage Account—a simple, m...
by RustyShackleford
Thu May 25, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says I owe..I don't
Replies: 34
Views: 5540

Re: IRS says I owe..I don't

Actually, the IRS provides a fax number for responding to these notices and that's the best way to respond. I simply phoned them (800-number in the letter). Half-hour or so of saying the same thing (over and over again) to a pleasant but perhaps not-the-brightest bulb agent, and she finally said &q...
by RustyShackleford
Thu May 25, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax letter triggered by Turbotax's 8606
Replies: 38
Views: 4633

Re: IRS tax letter triggered by Turbotax's 8606

I just had a CP2000 for a related reason. I did a Roth conversion and completely recharacterized it (in the following year, the year I filed). Turbotax didn't include Form 8606 in my e-filed return, and my reading of the instructions tells me that Turbotax was correct (as it usually is). If a Form ...
by RustyShackleford
Wed May 24, 2017 2:57 pm
Forum: Personal Consumer Issues
Topic: Bradford White Electric Water heater?
Replies: 30
Views: 1804

Re: Bradford White Electric Water heater?

Another thing to consider, when you're having your unit replaced, is to add a hot-water tempering valve. This allows you to set the tank temperature higher, and it premixes the tank hot water with a little cold water before it goes into your hot water pipes. Otherwise, there would be a scalding risk...
by RustyShackleford
Wed May 24, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Bradford White Electric Water heater?
Replies: 30
Views: 1804

Re: Bradford White Electric Water heater?

What do people think about hybrid heat pump water heaters? I don't think much of them; nor solar hot water. Both are expensive and complex. Instead, get a simple, cheap, high-efficiency electric storage-tank style water heater. Then take that $1000+ (you were going to put into the heat pump or sola...
by RustyShackleford
Tue May 23, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax letter triggered by Turbotax's 8606
Replies: 38
Views: 4633

Re: IRS tax letter triggered by Turbotax's 8606

I just had a CP2000 for a related reason. I did a Roth conversion and completely recharacterized it (in the following year, the year I filed). Turbotax didn't include Form 8606 in my e-filed return, and my reading of the instructions tells me that Turbotax was correct (as it usually is). If a Form 8...
by RustyShackleford
Tue May 23, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Bradford White Electric Water heater?
Replies: 30
Views: 1804

Re: Bradford White Electric Water heater?

sport wrote:If you are presently heating water with gas, be aware that electricity is likely to be a lot more expensive.

That's likely true for natural gas. For LP gas, it's probably the opposite.
by RustyShackleford
Tue May 16, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: Switch from iPhone to Google Fi and Pixel?
Replies: 37
Views: 4059

Re: Switch from iPhone to Google Fi and Pixel?

I have Project Fi and a Nexus 5X and love it. I'll admit though, coverage is not as good as GFs employer-provided Verizon iPhone. I would never own any computer other than a Mac; but I believe the iPhone is one of the most over-rated and over-priced products of all time. A couple of things I don't t...
by RustyShackleford
Wed Apr 05, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable SS Benefits
Replies: 28
Views: 3000

Re: Taxable SS Benefits

Right, but the $25K and $34K tiers for taxation of 0% and 50% go away, is what I meant to say. Right. If the 25K/34K tier existed for those filing separately (with two social security benefits) they'd actually get a tax break by filing separately, vs. a MFJ couple facing the 32K/44K tier. Which tax...
by RustyShackleford
Wed Apr 05, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable SS Benefits
Replies: 28
Views: 3000

Re: Taxable SS Benefits

Not quite accurate. MFS filing status causes 85% of Social Security to be taxable, not 100%. Right, but the $25K and $34K tiers for taxation of 0% and 50% go away, is what I meant to say. Ok, but 9 out of 10 married​ couples file jointly, so in practice this isn't usually an issue... I had no idea ...
by RustyShackleford
Tue Apr 04, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable SS Benefits
Replies: 28
Views: 3000

Re: Taxable SS Benefits

The BH Wiki provides good insight into the taxation of SS benefits. https://www.bogleheads.org/wiki/Taxation_of_Social_Security_benefits This seems to not address the issue of whether a married couple files jointly or separately. I was shocked to read, elsewhere, that for married-filing-separately,...
by RustyShackleford
Mon Mar 20, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 13502

Re:

leod wrote:$20 is the cost you have to pay for saving ink and trees :)

I realize you're joking ... but send $20 to some organization like National Resources Defense Council instead.
by RustyShackleford
Mon Feb 27, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Why not to do ROTH Conversion
Replies: 29
Views: 3341

Re: Why not to do ROTH Conversion

For me, retired but shy of 70yo, it's a no-brainer to do partial Roth conversions up to the top of the federal 15% marginal bracket each year. Especially as most of my TIRA withdrawals (even on lump-sum withdrawals and Roth conversions) is state-tax free. (Of interest to some, but not really relevan...
by RustyShackleford
Sun Feb 12, 2017 11:34 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 7653

Re: Charles Schwab Experiences?

I like Schwab very much too - about half my portfolio there, in after-tax, TIRA, and Roth accounts. Superb customer service. Also (I don't believe I've seen this mentioned), I really like their website; it makes Vangaurd and TIAA's look pathetic.
by RustyShackleford
Fri Feb 10, 2017 7:35 pm
Forum: Investing - Theory, News & General
Topic: Total Bond is safe. Is it prudent?
Replies: 39
Views: 4367

Re: Total Bond is safe. Is it prudent?

Curious if anyone uses Intermediate Term Bond (VBILX admiral, BIV etf, ER .09) instead? Looks like it uses a 50/50 split on government/corporate. I do, because someone who sounded smart recommended it here - the idea basically being that intermediate is the right duration. I held some VCSH (short-t...
by RustyShackleford
Mon Feb 06, 2017 6:59 pm
Forum: Personal Consumer Issues
Topic: Hotel Recommendations - Las Vegas
Replies: 20
Views: 2286

Re: Hotel Recommendations - Las Vegas

I like Tuscany Suites, because it's like a motel in that you can drive very close to your room, yet it's a short walk from the Strip. Has several swimming pools, decent Italian restaurant. Does have a casino, but easily avoidable. Be aware of the "resort fee" though.
by RustyShackleford
Thu Jan 26, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: 75 gallon hot water heaters
Replies: 40
Views: 3409

Re: 75 gallon hot water heaters

Bummer hearing about the larger ones banned. It's the kind of thing that gives energy conservation a bad name. The "stand by" energy waste from a storage-tank water heater is proportional to the surface area of the tank (and the temperature differential between the hot water in the tank an...
by RustyShackleford
Thu Jan 26, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: PPT - why sharp rise this week ?
Replies: 5
Views: 562

Re: PPT - why sharp rise this week ?

Youngblood wrote:Gundlach recommended it in Barron's.

Oh yeah, I saw that. Could be my queue to get out - maybe sell with a trailing stop.

(Moderator: Guess I should have put this with "Help with Personal Investments").
by RustyShackleford
Thu Jan 26, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: PPT - why sharp rise this week ?
Replies: 5
Views: 562

Re: PPT - why sharp rise this week ?

alpenglow wrote:... perhaps a big, impatient order came in.

Sure, but If I try to place a sell trade, it's looking like I can get $5.20/share, so evidently people still offering that, no ?
by RustyShackleford
Thu Jan 26, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: PPT - why sharp rise this week ?
Replies: 5
Views: 562

PPT - why sharp rise this week ?

Anyone know why the sharp rise in the price of PPT (Putnam Premier Income Trust) market price over the last week or so ? It's a high-yield closed-end fund (junk bond ?) that I bought in an unfortunate "yield chasing" period. I'd kinda like to get out of it at some point, so wonder what's g...
by RustyShackleford
Sun Jan 22, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 19
Views: 2436

Re: wisdom of converting most TIRA to Roth

Is there a FAQ on the TGH vs Roth conversion?

I asked such a question awhile back, and there was some interesting discussion generated:

viewtopic.php?f=2&t=145381
by RustyShackleford
Sun Jan 15, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 19
Views: 2436

Re: wisdom of converting most TIRA to Roth

The title of your post is misleading IMO. What matters is tax-deferred, not whether the dollars are in a TIRA vs. some other tax-deferred retirement account. You are correct, especially as I have another tax-deferred retirement account, the TIAA-CREF RA. Of course, I do note that the T-C RA is the ...
by RustyShackleford
Sat Jan 14, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 19
Views: 2436

Re: wisdom of converting most TIRA to Roth

I guess you can always calculate the amount of assets needed to offset your exemption and standard deduction and keep that around in tax-deferred if you want. I imagine with dividends in the after-tax account, and RMDs coming from that TIAA Trad holding (which maybe I'll annuitize when I turn 70yo)...
by RustyShackleford
Sat Jan 14, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 19
Views: 2436

wisdom of converting most TIRA to Roth

As part of my plan going forward - early 60s and already retired - I'm in the process of Roth-converting almost all of my TIRA holding. It's seemed like a no-brainer to me, since I'm able to do $20-30K per year and still stay within the 15% marginal federal-tax bracket. Included in this is my TIAA-C...
by RustyShackleford
Fri Jan 13, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: ROTH conversion calculator to minimize RMDs?
Replies: 18
Views: 2019

Re: ROTH conversion calculator to minimize RMDs?

Minimizing RMDs is very simple: Convert everything to Roth. That's exactly what I'm doing, but only because I'm able to do it all wihtin the 15% federal marginal tax bracket. I think I'll have most everything converted, except my modest TIAA Trad holding, by the time I'm 70yo. I do worry a bit abou...
by RustyShackleford
Thu Jan 12, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: value of individual TIPS during 2017
Replies: 2
Views: 372

value of individual TIPS during 2017

Part of my investment plan is to Roth convert as much of my assets as I can, before I turn 70yo and have to do RMDs, and using only the 10 & 15% marginal federal- tax brackets. On the docket to convert during 2017 is some individual Treasury TIPS (coupon 2.375%, maturing Jan 2025). Obviously I w...
by RustyShackleford
Mon Jan 09, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: Requirements to change passwords frequently?
Replies: 42
Views: 3595

Re: Requirements to change passwords frequently?

mrc wrote:Have you met my first girlfriend: 4AKQXODdW9w7XLe6qx7MwVmzW?

I hear she's HOT :-) Wish I'd known about this a long time ago (the nonsense answer scheme, not the girlfriend). I guess I should go change a bunch of those. What's a good scheme for remembering the nonsense answers ?
by RustyShackleford
Mon Jan 09, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: kitchenaid vs. bosch dishwasher
Replies: 71
Views: 23192

Re: kitchenaid vs. bosch dishwasher

Whatever kind you get, if you add a tiny amount (1/4-1 teaspoon) of sodium tripolyphosphate (m), it will get the dishes WAY cleaner. You can also use TSP (used in paint prep work), but it's toxic, and although it of course gets rinsed off, you may not want it in your kitchen. They removed phosphates...
by RustyShackleford
Fri Jan 06, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)
Replies: 56
Views: 6879

Re: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)

crit wrote:The 2.5L Subaru engine is notorious for head gasket failure (google it).

Only a limited set of model years I think, mostly the 1999-2004 generation. I've had 1997 and 2006, from when the 1997 was new through still driving the 2006 today, and nary an issue.
by RustyShackleford
Thu Jan 05, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 30369

Re: Chase Sapphire Reserve: Too good to be (completely) true

Jags4186 wrote:Can we stop making new posts about this card? There is a megathread on CC rewards and all this stuff should stay in there IMO.

Or better get, go to flyertalk-dot-com, where people live and breathe this stuff. Get better advice and avoid cluttering this area.
by RustyShackleford
Thu Jan 05, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you did a Roth conversion the first day of 2017
Replies: 48
Views: 4021

Re: How many of you did a Roth conversion the first day of 2017

Not yet. I'll wait to get a better handle on what my other income will be (I'm a retiree), like from dividends, etc, so I can fine tune the Roth conversion amount to exactly "fill" my 15% federal marginal tax bracket.
by RustyShackleford
Wed Jan 04, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: seeking portfolio advice
Replies: 6
Views: 792

Re: seeking portfolio advice

Yes you definitely could go more bond exposure given the 3%. In terms of international, I think you can just never rebalance into int'l, or sell and do some TLH. Actually, I don't have any positions in taxable accounts with un-realized losses, except RMBS and one small lot of VEU with like a $500 l...
by RustyShackleford
Wed Jan 04, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: seeking portfolio advice
Replies: 6
Views: 792

Re: seeking portfolio advice

Thanks, LL, for your detailed response. Lots of thoughts here. You may want to repost using the traditional boglehead format... I changed so the % is the first thing on each line. Could add ER's but they're are either Vanguard funds with super-low ER's we all know and love, or things where ER is irr...
by RustyShackleford
Tue Jan 03, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: seeking portfolio advice
Replies: 6
Views: 792

seeking portfolio advice

I am early-60s, single, and retired. My portfolio is roughly $1.3 million. I can live comfortably with an initial 3% withdrawal rate, adjusted yearly for inflation - though I'm more likely to adopt one of the "adaptive" spending strategies. I have no emergency fund; I imagine the cash port...
by RustyShackleford
Mon Jan 02, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: PENFED 5 year CD rate 2.25%
Replies: 6
Views: 1590

Re: PENFED 5 year CD rate 2.25%

Just fyi, I saw the rate for 5 year CD at PENFED was 2.25%. Looks like early redemption penalty within first year is all interest earned. After first year the penalty is 30% of the interest the certificate would have earned if it had been held to maturity. Penalty sounds too high for me. Agreed. Pe...
by RustyShackleford
Mon Jan 02, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for second credit card
Replies: 11
Views: 1168

Re: Suggestions for second credit card

If you like Southwest Airlines, you can do amazing things with Chase's Plus and Premier Southwest-branded cards. Like end up with 100,000+ frequent-flyer miles and a "companion pass" that allows one other person to fly with you for free, for the year you earn it plus the following year. My...
by RustyShackleford
Tue Dec 20, 2016 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Roth questions : multiple conversions, re-characterization
Replies: 4
Views: 429

Re: Roth questions : multiple conversions, re-characterization

I've long done this, from one TIRA to two separate, empty, temporary Roth accounts - all three accounts at my same broker. I make the two conversions be of low-correlation assets (e.g. bonds and stocks). Each conversion is of the size I want my final net-of-recharacterizations conversion for the yea...
by RustyShackleford
Tue Dec 06, 2016 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 2022

Re: Confused about chase 5/24 rule

I think another exception is business credit cards not issued by Chase. This according to the folks at flyertalk, who live and breath this stuff. Some. You just need to make sure it's not reported to your personal credit report. Google it...there are plenty of lists out there that detail which ones...
by RustyShackleford
Mon Dec 05, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 2022

Re: Confused about chase 5/24 rule

Simple answer, count up the *new* cards, in your name, that you've *opened* with any bank over the last 24 months. If the number is greater than 5, then you'll need to wait until that number drops below 5 for the previous 24 months. Old cards, the total number of cards, your wife's cards, whether t...
by RustyShackleford
Tue Oct 25, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: [TurboTax 2016--Schd D not included in online version (desktop only)]
Replies: 24
Views: 2125

Re: TurboTax 2016--Schd D repeat

I just hung up on TurboTax after verifying they did it again.--Schd D is not in Delux-----AGAIN!!!!. I can't believe they did it again--I will look elsewhere after being a TT customer for 18 yrs We need an Icon for someone shooting themselves in the head. I guess they are in a downsizing mode for c...
by RustyShackleford
Mon Oct 24, 2016 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: [TurboTax 2016--Schd D not included in online version (desktop only)]
Replies: 24
Views: 2125

Re: TurboTax 2016--Schd D repeat

I just hung up on TurboTax after verifying they did it again.--Schd D is not in Delux-----AGAIN!!!!. Really ? Are you sure it's not just that it doesn't do the hand-holding for helping you fill out the form ? The website says that Premier gives you "Additional Help for investment sales such as...
by RustyShackleford
Wed Oct 05, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: expect 1% real return from TIAA Traditional ?
Replies: 3
Views: 642

Re: expect 1% real return from TIAA Traditional ?

No, I have not annuitized. I am mid-60s. I have no intention of doing an all-TIAA Trad portfolio. It's just kind of a thought experiment. But certainly, given I'd be fine with a 3% inflation-adjusted withdrawal rate, and that a consistent 1% real return can support such a rate for 40 years, it's pre...
by RustyShackleford
Tue Oct 04, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: expect 1% real return from TIAA Traditional ?
Replies: 3
Views: 642

expect 1% real return from TIAA Traditional ?

I'm already retired, and I've become optimistic that I may be able to lower my SWR to 3% and still achieve my retirement income goals (inflation-adjusted each year without regard for market performance). A simple spreadsheet shows me that with a real return under 1%, a nest egg should last for 40 ye...
by RustyShackleford
Thu Jul 28, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2016
Views: 350826

Re: What's Your Credit Card Rewards Strategy?

My strategy is very simple: use the Citi Double Cash card most of the time, and cherry-pick signup bonuses of large chunks of frequent-flyer miles, concentrating on Southwest Airlines (so switch to whatever new card, for just long enough to qualify for the signup bonus). I could probably optimize ca...
by RustyShackleford
Sat Jul 23, 2016 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Annuity as sole fixed income component
Replies: 84
Views: 8801

Re: TIAA Traditional Annuity as sole fixed income component

I'm a fan of Traditional, having moved considerable money (by rolling from an external TIRA) into it over the past few years, and contemplating aiming towards 50% of my FI allocation. I continue, however, to be frustrated by the inability of TIAA's website's online Retirement Income Planner (RIP, hm...
by RustyShackleford
Sun Jul 17, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Annuity as sole fixed income component
Replies: 84
Views: 8801

Re: TIAA Traditional Annuity as sole fixed income component

Came across this thread looking for the same answer as you ... I'm thinking 50% of my bond allocation, mainly because it's a nice round number. But seriously, it seems to balance the solid yield (and here's hoping the conventional wisdom, that TIAA Trad interest rates will increase whenever rates ge...
by RustyShackleford
Mon Jun 20, 2016 11:59 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 18130

Re: John Oliver covers retail investment industry on Last Week Tonight

noraz123 wrote:Also, I do think it is unfair to say people are lazy. Rather, they are uninformed.

Exactly. The reason I was so uninformed on investment stuff when I was 40you was that I thought the work I was doing was a lot more important that figuring out how to maximize my retirement account.