Search found 1259 matches

by RustyShackleford
Tue Jun 19, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 20
Views: 1187

Re: Is individual Bonds better than Bond Fund?

This is probably a matter that should get this thread locked, as violating the rules against religious discussions :-) People in these forums, who I believe are smarter than me about these matters, believe that bond funds are just fine, and a lot simpler than individual bonds. I personally like know...
by RustyShackleford
Thu May 31, 2018 6:35 pm
Forum: Personal Consumer Issues
Topic: Recommend new TV for 93 year old lady
Replies: 28
Views: 1926

Re: Recommend new TV for 93 year old lady

Watty wrote:
Thu May 31, 2018 2:34 pm
It will vary a bit by the model but there are straps and fasteners that you can use to help secure the TV.
Or mount it on the wall, which also makes it a lot harder for the casual burglar to steal.
by RustyShackleford
Thu May 31, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5022

Re: Splurging on the NBA finals

Not to rain on your parade, or be partisan, but I don't think the series is going to be very competitive. Probably 5 games, maybe a sweep. Plus, I find I can see a game WAY better on TV (with the commentary, closeups, replays). Probably all the more reason to go to game 1! Spend money on experience...
by RustyShackleford
Thu May 31, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5022

Re: Splurging on the NBA finals

My son and I have had a friendly debate over the GOAT. I argued Jordan. He argued LeBron. After the game Sunday, I conceded that he was right. Oh no, the Michael versus Lebron debate reaches the Bogleheads !!! I still stick with Jordan. A perfect Finals record. The highest scoring playoff performan...
by RustyShackleford
Thu May 31, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5022

Re: Splurging on the NBA finals

Not to rain on your parade, or be partisan, but I don't think the series is going to be very competitive. Probably 5 games, maybe a sweep. Plus, I find I can see a game WAY better on TV (with the commentary, closeups, replays).
by RustyShackleford
Thu May 31, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Recommend new TV for 93 year old lady
Replies: 28
Views: 1926

Re: Recommend new TV for 93 year old lady

I would avoid Sony Bravia TV (or any that use Android). The picture is stunning, but I've spent hours hassling with the settings and such. There's a 400+ page owners' thread at avsforums of just people trying to figure their TVs out. I like Android phones, but the implementation on the TVs is a stea...
by RustyShackleford
Thu May 31, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: Citi Slashes Card Benefits at least on Double Cash cards
Replies: 27
Views: 3034

Re: Citi Slashes Card Benefits at least on Double Cash cards

bob60014 wrote:
Wed May 30, 2018 7:24 pm
The things eliminated are fluff that most users never use.
The change to the rental car benefit ? I imagine if you bend a rental car, their charge to you for loss of use could be pretty substantial.
by RustyShackleford
Thu May 31, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Enterprise vs Avis
Replies: 43
Views: 2455

Re: Enterprise vs Avis

In addition to generally having the best prices for my travel (esp. when I return the car to a different location), Enterprise has repeatedly gone above and beyond the call of duty for me. 1. Rented a car for a river-rafting trip. The problem is, you get a shuttle service to move your car from the p...
by RustyShackleford
Tue May 22, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

But while she's still working, even half-time and still making $70K+/yr, the spousal benefit would be extremely reduced That only true until she reaches her full retirement age. Once she gets to FRA, she can earn whatever she likes without reducing her spousal benefit. True, but when she reaches FR...
by RustyShackleford
Tue May 22, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

I might try one of these calculators someday, but I'm becoming pretty convinced that it makes no sense to do anything until DW retires or reaches FRA - see reasoning below. And since it makes no sense (for us, at least, since she's so high-earning) to let the social security tail wag the retirement-...
by RustyShackleford
Sun May 20, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15110

Re: Why is Vanguard switching all accounts to brokerage accounts?

The amount of paper is choking me. Where I kept the December statement showing all activity for the year for each account I now have monthly or quarterly statements for them. Yeah, it's crazy and stupid. I imagine there are federal regs requiring that frequency of statements for brokerage accounts,...
by RustyShackleford
Sun May 20, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

The calculators mentioned can reasonably quickly allow you to compare many future possibilities and their results. The only calculator I see mentioned here is maximizemysocialsecurity ($40/yr, but well worth it if it's as good as they claim). Is there another you recommend, or does it do what sugge...
by RustyShackleford
Sun May 20, 2018 12:41 am
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

It isn't clear to me if either of you are still working because you said, "I guess the downside is she will only get the age 64 benefit, ever, unless she's still working when she reaches FRA." I am doing working, for good (hopefully). She is still working, part-time, probably still will be when I r...
by RustyShackleford
Sun May 20, 2018 12:38 am
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

smitcat wrote:
Sat May 19, 2018 8:32 pm
In many cases optimizing your total spendable income will lead to a different solution that just taking into consideration SS.
Why ? Other than the second-order effects of taxes ?
by RustyShackleford
Sat May 19, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

A couple of corrections/observations. If she files in January of 2019 when you reach FRA she will be 64 and 1 month old. Her birth year is 1954 so her FRA is age 66, as is yours. Her benefit at 64 years 1 month of age in January of 2019 will be reduced for filing before her FRA. Her benefit will be...
by RustyShackleford
Fri May 18, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

Re: both spouses not wait for SS ?

So she was not yet 62 on January 1, 2016 ... No, she wasn't. I was born in Jan 1953, she in Dec 1954. When you reach 66 (FRA), she can start her social security and you can do a restricted application. For four years you'll get her benefit plus half for you. At 70 you can start your higher benefit....
by RustyShackleford
Fri May 18, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3290

both spouses not wait for SS ?

I have been puzzling over this article for awhile, but I can't decide if it applies to me and DW: https://www.kitces.com/blog/why-it-rarely-pays-for-both-spouses-to-delay-social-security-benefits/ The key seems to be "the ideal strategy for most couples is for the higher-earning spouse to delay as l...
by RustyShackleford
Mon May 07, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 7469

Re: Medicare Advantage vs. Supplemental

This " home physical" practice had puzzled me from the outset...it appears that a $300 - $400 house call can often produce thousands of dollars of additional revenue for the MA plan if they can raise the "risk score" of the covered party. My lord, are there any depths of crass greed to which our tw...
by RustyShackleford
Mon May 07, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 7469

Re: Medicare Advantage vs. Supplemental

... the often-asked but never adequately answered question regarding the ability to switch back if the participant later became dissatisfied with the MA plan. The frequently-recommended book "Medicare for Dummies" has a fairly unequivocal list (p. 194 of the 3rd edition), the most important, for ma...
by RustyShackleford
Mon Apr 16, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018744

Re: What Movie Have You Recently Watched?

Dunkirk: Unlike the majority, I thought it was terrible. I agree. Laughable, really. Just so much stupid stuff. Maybe the worst was the grounded boat that the soldiers took refuge in, and when it started to float, they somehow decided that ONE guy getting off would mean the difference between it fl...
by RustyShackleford
Sun Apr 15, 2018 9:36 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018744

Re: What Movie Have You Recently Watched?

Dunkirk: Unlike the majority, I thought it was terrible. I agree. Laughable, really. Just so much stupid stuff. Maybe the worst was the grounded boat that the soldiers took refuge in, and when it started to float, they somehow decided that ONE guy getting off would mean the difference between it fl...
by RustyShackleford
Wed Apr 04, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 42
Views: 3058

Re: compression sack for sleeping bag, help with calculations please

Please don't use a compression stuff sack, it can permanently reduce the loftiness of the bag, thereby reducing it's warmth. I agree. If you need a compression sack, you need to carry less stuff or get a bigger pack. Also, they tend to be kinda heavy, with all the straps and stuff. IMHO, these are ...
by RustyShackleford
Tue Feb 20, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

welderwannabe wrote:
Tue Feb 20, 2018 7:31 pm
Don't rule out buying TBills and 2 year Treasuries. The yields lately have been close or better than brokered CDs depending on term.
Bingo ! Unfortunately I'm looking at my Roth now, so the tax break doesn't help me. But I still elected to put this money into a T-Bill.
by RustyShackleford
Tue Feb 20, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

Retail? CDs like from ally bank can offer some advantages as often the penalty to break them is much smaller than the benefit of investing in a higher yielding CD. Right now, bankrate is only showing a wee bit higher than the T-Bill I just bought with 2.1% YTM maturing a year from now (which was ac...
by RustyShackleford
Tue Feb 20, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

You buy a CD with a 2% yield. The day after inflation spikes to 3% and rates jump to 4%. You have lost money. Not unless I sell the CD. Similarly, the fund's share price will go down and I'll lose money if I sell it. No, you have lost money. The market has moved against you and you have a loss. The...
by RustyShackleford
Tue Feb 20, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

What the SEC yield does is assumes the current price and projects income (both coupon and amortized) of the current holdings, divides the 2, and gets the yield. Then it subtracts out the expense ratio. A little more complicated than that but that is the gist of it. Ok, I guess that makes sense. Tha...
by RustyShackleford
Tue Feb 20, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

You buy a CD with a 2% yield. The day after inflation spikes to 3% and rates jump to 4%. You have lost money. Not unless I sell the CD. Similarly, the fund's share price will go down and I'll lose money if I sell it. I will grant that CDs carry low risk and may even beat out a short term bond fund ...
by RustyShackleford
Tue Feb 20, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

If the more flexible investment of a bond fund, with a SEC yield of 2.37 and an expense ration of 0.07 seem to give you a higher yield than a one year CD, which is less flexible, than the premium for the risk of said principle seems 0.3% The average duration of the bond fund (BSV) is 2.7 years. The...
by RustyShackleford
Tue Feb 20, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

You are not misunderstanding anything. CDs can be better on a risk/return basis than a bond fund, but you are giving up liquidity with a CD. A CD is fixed in time and you can not access the money (or at least not until you break the contract and pay the respective panelty). A Bond fund is traded an...
by RustyShackleford
Tue Feb 20, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

Re: why Vanguard short-term bond instead of CD

I don't understand where that 2.37% SEC yield comes from. You get yield from dividends and from share price appreciation, right ? So either the share price is going to increase, or somehow the dividends are going to be higher than they are now. I don't see it. I don't see how CDs have principal risk...
by RustyShackleford
Tue Feb 20, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3894

why Vanguard short-term bond instead of CD

Yes, it's yet another CDs versus bond funds thread. This one is a very narrowly-focused question & answer though ... I have a pile of cash in my Roth, that is earmarked (according to my AA) for fixed-income. What to do with it ? Much of what I've read suggests a short- or intermediate-term bond fund...
by RustyShackleford
Tue Feb 13, 2018 11:55 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

Ok, I'm almost convinced. Definitely want an offline (not in cloud) one though, so I'm gonna try Keepass. But the single-point-of-failure issue continues to haunt me. For example, I just searched 'keepass' and at least 3 sites came up that look like legit places to get it. Is one of them illegit - w...
by RustyShackleford
Tue Feb 13, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

That's my entire point. If your google password includes the numeric key, as is the case as described, then compromising the google password compromises one's entire identity. No attacker will fail to realize what you've done. Well, all one's passwords would include the numeric key, right, doesn't ...
by RustyShackleford
Tue Feb 13, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: automatic sweep out of brokerage settlement fund
Replies: 3
Views: 553

Re: automatic sweep out of brokerage settlement fund

Why not just embrace the new Federal Money Market fund? The yield is only slightly lower than Prime Money market (-0.17%). Do a manual sweep over to Prime once or twice a year, and you probably didn't lose much. Yeah, I guess so. I just thought it'd happened automagically before, but a conversation...
by RustyShackleford
Tue Feb 13, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

DELETE (why the heck can't I delete my own post ?!?)
by RustyShackleford
Tue Feb 13, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

Not necessary. I have hundreds of online accounts. Here is how I keep them: 1. Memorize a number that I will never never forget. Let's say it is 142536. 2. Create a Google Sheet with two columns: Account Name and Password. 3. Whenever I create a new online account, I always set up the password in t...
by RustyShackleford
Mon Feb 12, 2018 11:58 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

As far as the password manager on the untrusted computer...you would type in your password to unlock the password manager. But I wouldn’t do that on an untrusted computer, with or without a password manager. I only access the “important” accounts from trusted computers, and the password manager acc...
by RustyShackleford
Mon Feb 12, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: automatic sweep out of brokerage settlement fund
Replies: 3
Views: 553

automatic sweep out of brokerage settlement fund

One of the several mostly relatively minor pains in the buttocks of the supposedly seamless switch from Vanguard mutual fund accounts to a brokerage account is the "settlement fund". When my holdings, specifically VTSAX, pay dividends, they go into this account. This settlement fund, evidently due t...
by RustyShackleford
Mon Feb 12, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

t's also better to not re-use the same password across all sites, since if someone gains access to one account, they could in theory gain access to all the other ones. Isn't that exactly what a password manager does though ? First of all a password manager does not have a password. It has an encryp...
by RustyShackleford
Sun Feb 11, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8312

Re: Are Password Managers Really Necessary?

b42 wrote:
Mon Jan 08, 2018 10:09 am
t's also better to not re-use the same password across all sites, since if someone gains access to one account, they could in theory gain access to all the other ones.
Isn't that exactly what a password manager does though ?
by RustyShackleford
Fri Feb 09, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to figure 2018 taxes?
Replies: 18
Views: 2508

Re: Is there a way to figure 2018 taxes?

When you create your own workbook in Excel you have the freedom to build it for your own tax situation and once completed is quick and easy to use and maintain for future tax years ; we file using Turbo Tax (TT) and when I finish TT the numbers are the same as the Excel workbook for both Federal an...
by RustyShackleford
Tue Jan 30, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's advice on bond portion of portfolio
Replies: 42
Views: 6811

Re: Vanguard's advice on bond portion of portfolio

I'm having trouble talking myself out of using CDs at least for short-term duration, if not also intermediate. For example, Vgd's short-term bond fund (ETF ticker BSV) is yielding 1.64% with average maturity of 2.7 years. Meanwhile, I can get that same yield with a 1-yr CD, or about 2.3% at 2 years...
by RustyShackleford
Mon Jan 29, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's advice on bond portion of portfolio
Replies: 42
Views: 6811

Re: Vanguard's advice on bond portion of portfolio

I'm having trouble talking myself out of using CDs at least for short-term duration, if not also intermediate. For example, Vgd's short-term bond fund (ETF ticker BSV) is yielding 1.64% with average maturity of 2.7 years. Meanwhile, I can get that same yield with a 1-yr CD, or about 2.3% at 2 years ...
by RustyShackleford
Thu Jan 25, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.
Replies: 29
Views: 3085

Re: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.

Your subject line gives me a tummy ache - but in my heart. But you have come to the right place. Listen and learn - lot of really smart and helpful people here.
by RustyShackleford
Tue Jan 16, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: How to build a bond ladder?
Replies: 14
Views: 1167

Re: How to build a bond ladder?

you've done just as well as with the individual bond. I want to believe this ... Except for the diversification part. Vanguard total Bond Market Index Fund holds 8420 bond. Vanguard Intermediate-Term Tax-Exempt Fund (as someone referred to it) holds 7261. How can you replicate a ladder that is so d...
by RustyShackleford
Tue Jan 16, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: How to build a bond ladder?
Replies: 14
Views: 1167

Re: How to build a bond ladder?

Vanguard total bond index fund for example is a perfect bond ladder made of quality bonds. There is absolutely no need to build an individual bond ladder when such bond exists. The thing that's intuitively pleasing about individual bonds, CDs for example, is that you KNOW you're going to get your p...
by RustyShackleford
Tue Jan 16, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 19015

Re: How does everyone keep track of your portfolio?

I created an excel spreadsheet with all of my fund/portfolio information. That's exactly what I did. The main problem is I manually entered in all the info. I logged into Fidelity, typed out all the info into excel and then moved onto the next account (Vanguard, then Schwab etc). So now I have to m...
by RustyShackleford
Mon Jan 15, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: concise statement of Guyton decision rules ?
Replies: 0
Views: 221

concise statement of Guyton decision rules ?

I have been studying this paper for awhile now, and think it has some pretty good ideas: http://cornerstonewealthadvisors.com/wp-content/uploads/2014/09/08-06_WebsiteArticle.pdf But there are a couple things that trouble me: 1. Foremost, the crux of the biscuit seems to be Table 6, which suggests in...