Search found 1150 matches

by RustyShackleford
Sun Feb 12, 2017 11:34 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 6267

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: 3909

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: 1940

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: 2407

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: 408

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: 408

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: 408

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: 2215

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: 2215

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: 2215

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: 2215

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: 1652

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: 330

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: 3262

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: 15816

Re: kitchenaid vs. bosch dishwasher

Whatever kind you get, if you add a tiny amount (1/4-1 teaspoon) of sodium tripolyphosphate (http://www.ebay.com/itm/160744665213), 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 yo...
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: 4190

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: 25788

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: 3773

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: 666

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: 666

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: 666

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: 1358

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: 980

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: 353

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: 1752

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: 1752

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: 1873

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!!!!. :shock: I can't believe they did it again--I will look elsewhere after being a TT customer for 18 yrs :oops: We need an Icon for someone shooting themselves in the head. I guess they are in a downsi...
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: 1873

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!!!!. :shock: 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...
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: 603

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: 603

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: 1205
Views: 149087

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: 66
Views: 6276

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: 66
Views: 6276

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: 16645

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.
by RustyShackleford
Sat Jun 18, 2016 11:47 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

Referenced in McLean's Weekly Roundup (email newsletter):

Take twenty minutes to watch John Oliver say pretty much everything we would say about advisors (if we could actually write jokes, and with some more “choice” language).
by RustyShackleford
Tue Jun 14, 2016 9:43 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

I agree that John Oliver is hilarious and at the same time raises much needed attention to certain subjects. It's great when you can have a good laugh and learn something at the same time. I've been watching all of his videos through youtube. I think I'm a pretty well-informed person. Almost every ...
by RustyShackleford
Tue Jun 14, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

I did enjoy the video but found it rather sophomoric. The barnyard language added nothing and gave the impression of immaturity. The central points of the video were very good, particularly that costs compound over time. That was the whole idea: to provide these essential points in an entertaining ...
by RustyShackleford
Tue Jun 14, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

Boy, if you thought Stewart was smug (which he was, somewhat -- not enough to bother me), you should check out Maher. Now that is a smug talk show host. Oh yeah, I'll well familiar with him. I'm very torn with him. You're right, he is unbelievably smug, [OT comment removed by moderator prudent] . B...
by RustyShackleford
Mon Jun 13, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

I love John Oliver. He is filling the void left by Jon Stewart. I wasn't crazy about Stewart. Too smug for me ("look how smart we are and how stupid those *** are"). Oliver is funny, but only at the expense of people who truly deserve it, e.g. the ripoff artists described in the piece we'...
by RustyShackleford
Mon Jun 13, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

Can someone please post a link when it becomes available online? Not there yet, but the "main story" segment of his show can almost always be found at youtube (just go there and search "john oliver"). Presents the basics in a very entertaining way. Send the link to anyone you kn...
by RustyShackleford
Sun Jun 12, 2016 10:45 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16645

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

whodidntante wrote:Is this a sell signal?

No. The man is a serious journalist - in the satirical news vein of The Daily Show (but better).

http://time.com/3674807/john-oliver-net ... s-america/
by RustyShackleford
Wed Jun 08, 2016 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Question about 0% Long Term Capital Gains
Replies: 9
Views: 950

Re: Question about 0% Long Term Capital Gains

Whatever you end up doing, be sure to take advantage of ALL of that 10-15% federal tax bracket; it is a great resource that should not be squandered. Whatever you don't use for long-term capital gains, use for doing a partial Roth conversion. This thread has a lot more to say about it: https://www.b...
by RustyShackleford
Thu Jun 02, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: Suggested Best Practices During A Rising Interest Rate Environment
Replies: 59
Views: 8832

Re: Suggested Best Practices During A Rising Interest Rate Environment

I would still like to be able to simulate this recovery process in Excel. Thanks, guys, for explaining this so patiently. Seems like a math major would pick it up quicker ... Recent Vanguard article which explains this too (why we shouldn't be scared of bond funds just because interest rates are pr...
by RustyShackleford
Tue May 24, 2016 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth convert/rechar to reallocate
Replies: 4
Views: 297

Re: Roth convert/rechar to reallocate

Thanks, folks. The securities are individual TIPS, and an inflation-adjusted student loan bond (ticker: ISM). Yes, broker definitely allows Roth conversion without liquidation; they simply compute the FMV when the conversion takes place. And yes, they allow the recharacterization to take place with ...
by RustyShackleford
Tue May 24, 2016 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Roth convert/rechar to reallocate
Replies: 4
Views: 297

Roth convert/rechar to reallocate

I have a pile of cash in my Roth, and some bonds in my TIRA that I'd rather hold in my Roth (to free up that cash, to roll to TIAA-CREF's Traditional in my RA there). Bid/ask spreads are such that it'd cost me a bit to sell them in TIRA and re-buy in Roth. So I wonder about just doing a Roth convers...
by RustyShackleford
Fri Apr 08, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Required minimum distribution question
Replies: 31
Views: 2520

Re: IRA Required minimum distribution question

I am pretty confused about the Uniform Lifetime Table - the one I'll use, since I'll either still be single, or married to a woman close to my own age (i.e. not 10 years younger): https://www.irs.gov/publications/p590b/index.html#en_US_2014_publink1000231236 (the VERY bottom of this link) It says wh...
by RustyShackleford
Tue Mar 15, 2016 7:44 pm
Forum: Personal Consumer Issues
Topic: Upping my mileage/points game
Replies: 72
Views: 7236

Re: Upping my mileage/points game

The 5/24 rule is also relevant for those who fly domestically and don't mind Southwest, due to the the SW companion pass. Yeah, the best points deal I know is doing two Chase Southwest cards in the same year and getting the Companion Pass. Unfortunately I was not hip to this last time I got my Sout...
by RustyShackleford
Mon Mar 14, 2016 9:39 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 31121

Re: Don't understand nutrition and exercise

Toons wrote:3.Burn more calories than you eat

If you're 5'10" and 70kg, this is probably a bad idea.

On diet, Michael Pollan famously said "eat food, not too much, mostly plants". He also said not to eat anything your great grandmother would not recognize as being food.
by RustyShackleford
Mon Mar 07, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card "deadbeats"
Replies: 23
Views: 3281

Re: Credit card "deadbeats"

So, that begs the question, why do credit card companies continue to give cards to people they know will cost them money? Why not stop giving people who they know are most likely to never carry a balance? It's worse than deadbeats never paying finance charges, late fees, etc. People like me love to...

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